
Short Term Lease Apartments for Rent in Indianapolis, IN Under $1,000 (57 Rentals)
Rental terms in Indianapolis as short as a month! Perfect when you can't commit to a full year of renting.


Waterford Place Apartments

Beechmill Apartments

Meridian Court South

SOUTHPORT AT BUCK CREEK

Aspen Chase

Emerson Village

CityView on Meridian

Spinnaker Court

River West Flats
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.

Carrollton Manor Apartments

Woodhaven Park

Parkhaven Apartment Homes

Alpine Studios

Cross Creek Apartments

Timber Point Apartments

Annhurst

Stonehenge

Pine Glen

Strawbridge Green
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Williamsburg North

Capital Place

The Life at Harrison Trails

Sherbrook

Cherry Glen

Fox Club

Priscilla on Pennsylvania

Willowood East

Olivewood

The Meridian North and South
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.

Cambridge Commons

Rosewood Commons

Meridian Towers

The Oasis

The Fort Apartments

10 West Apartments

Eastgate Terrace Apartments

919 Broadway St

Oakbrook Village

Gathyr 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

Lake Camelot Apartments

Monon Station Apartments

Ninth Avenue Apartments

Central State Mansion

The Meridian North

Reflections Apartments

Heathmoore - Indianapolis

Spicewood

Marabou Mills

The Jeffersonian Apartments Of Indianapolis
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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.
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 | $1,204 | $556 | $6,490 |
| Indianapolis 1 Bedroom Apartments | $1,378 | $544 | $4,102 |
| Indianapolis 2 Bedroom Apartments | $1,666 | $650 | $9,214 |
| Indianapolis 3 Bedroom Apartments | $2,008 | $799 | $9,126 |
| Indianapolis 4 Bedroom Apartments | $2,006 | $600 | $9,375 |
| Indianapolis 5 Bedroom Apartments | $5,106 | $950 | $10,000+ |
Browse Top Apartments in Indianapolis
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Indianapolis, IN Local Guide
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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 Short-term Indianapolis Apartments
What is the Cheapest Short-term apartment in Indianapolis?
Currently the most affordable Short-term Apartment in Indianapolis is at Meridian Towers listed at $619.
How much is the average rent for a Short-term Indianapolis Apartment?
The average rent for a Short-term Apartment in Indianapolis is $1,780.
What is the largest Short-term Indianapolis Apartment for rent?
Today's Short-term apartment with the most square footage in Indianapolis is a 2,895 square feet unit starting from $14,232 at 1409 Linden St.
What is the average size for Indianapolis Short-term Apartments for rent?
The average size for a Short-term rental in Indianapolis is currently at 713 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

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.

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.

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.

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.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.