
Studio Apartments for Rent in Indianapolis, IN Under $2,500 (210 Rentals)


Rise on Meridian

Total Monthly Price
Lake Castleton Apartments

ARLO Apartments

The Meridian North and South

The Boardwalk at Westlake Apartments and Townhomes

Vivio on Tenth

Nook Nine

The Stella

Wesmont
Genius Ideas and Studio Layout Tips That Maximize Every Square Inch
Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

Ardmore Apartments

Pinnex

Lockerbie Lofts

Kingston Square Apartments

220 Meridian

The Hub at Nora

CityWay

Spanish Oaks

Harrison Point Apartments

Total Monthly Price
9 On Canal
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

Circa Apartments

The Manning Apartment Homes

Mariners Village Apartments

Cosmopolitan on the Canal

The Grounds

The Domino

Meridian Lakes

Riverview

Garfield Park Village

Vanguard at 16 Tech
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Wesley Place

AYR Apartments

The Cedars Apartment Homes

The Vineyards Apartment Homes

Artistry Indy

The Meadows Apartment Homes

Quarry at River North

Versa

The Leo
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

360 Market Square

Pulliam Square

Parc Bordeaux Apartments

Axis

Buckingham & Balmoral

Fisherman's Village

Riley Towers

5700 Madison Apartments & Edgewood on Madison

Pinnacle West

The Villages at Mill Crossing
Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.
Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Indianapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Indianapolis Studio Apartments | $1,229 | $590 | $5,869 |
| Indianapolis 1 Bedroom Apartments | $1,380 | $544 | $4,071 |
| Indianapolis 2 Bedroom Apartments | $1,666 | $545 | $8,240 |
| Indianapolis 3 Bedroom Apartments | $2,030 | $626 | $9,756 |
| Indianapolis 4 Bedroom Apartments | $2,357 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $6,338 | $1,300 | $10,000+ |
Explore Indianapolis

Indianapolis, IN Local Guide
- Indianapolis Neighborhoods
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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Indianapolis, IN Rentals by Map
See the most popular apartments and homes in Indianapolis, IN
Indianapolis, IN Area Reviews
Wendy • 3+ years in Indianapolis
August 10, 2025One of Indiana's most beautiful cities!
Frequently Asked Questions about Studio Indianapolis Apartments
What is the Cheapest apartment in Indianapolis with Studio?
Currently the most affordable Studio in Indianapolis is at D&T Nest listed at $575.
How much is the average rent for a Studio Indianapolis Apartment?
The average rent for a Studio Apartment in Indianapolis is $1,229.
What is the largest available Studio Indianapolis Apartment for rent?
Today's apartment with the most square footage in Indianapolis is a 1,815 square feet unit starting from $5,274 at River House.
What is the average size for Indianapolis Studio Apartments for rent?
The average size for a Studio rental in Indianapolis is currently 450 sq ft.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
Written by: Wendy Melton
Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
