
Studio Apartments for Rent in Indianapolis, IN Under $2,500 (211 Rentals) Page 2 of 5


King's Reserve College Park 55+ Active Living

Union Square

Edge 35

Priscilla on Pennsylvania

Monon Living

34 North Apartments

Glenstone Studios

Lofts on Madison
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

Avia Lofts at Founders Road

Notch at Nora

The Line

River House

Park 66 Flats

Circle City

Slate Run Lofts and Apartments

Brockton

Maxwell Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

The Continental Towers at Vermont Place

Bavarian Village Apartments

Landmark

Turtle Creek - Indianapolis

The Jacob

Garden Pointe Apartments

INDY FLATS

Cherry Glen

Total Monthly Price
M Club Apartments

Franklin Studios
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Willowood East

Serenity Manor 55+ Independent Active Living

The Stratford Apartments

The Sheldrake Apartments

Parkview Apartments LLC

Lincolnshire Apartments

The Washington

Alpine Studios

The Delaware Apartments

Jade North Apartments
Check Out Indianapolis’s Best Affordable Neighborhoods
Learn about Indianapolis and the best places to live with original content written by our Local Expert Wendy Melton

Stonehenge

Annhurst

Olivewood

Maple Court

St. Agnes Apartments

Scarborough Lake Apartments

Encore Apartments

Monon Walk Apartments

Cambridge Commons
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 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.


