
Studio Apartments for Rent in Indianapolis, IN Under $2,500 (211 Rentals) Page 4 of 5


Reflections Apartments

Fountain Lake Villas

Senate Manor

Stonegate Apartments

South & Madison

Crestwood Village North

Historic Irvington Flats

Aspen Pointe Apartments

Van Dyke

Elmtree Park

The Maryden

Heathmoore - Indianapolis

Raleigh

Dogwood Glen

Spink

Morton School Senior Apartments

Eagledale Senior Apartments

Lockerbie Flats

The McKay

Chateau De Ville

The Congress at Library Square

The MK

Turnverein Apartments

Gathyr Apartments

City's End

The Vue

The Whit Apartments

Sycamore Reserve Senior Living

747 Apartments

Grid

Hobbs Station

Signature at Carmel

Wild Air Landing

The Union Flats at Fishers District

Overture at Proscenium Apartments

Madison at Greenwood

River Place Flats

The Wren & The Windsor in Carmel City Center

Nickel Plate Station

The Mark at Fishers District

Muse Carmel

The Kent at Carmel City Center

The State at Fishers Apartments

Lavina

Avant

The Flats at Fishers Marketplace

Somerset Place

Main Street on the Monon

Polo Run Apartments
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.