
Apartments for Rent in Indianapolis, IN Under $1,000 (459 Rentals) Page 2 of 10


Hills

Brockton

Vistas Apartments

Courts Apartments

Thompson Village Apartments

Apartments @ Marten Court

Fountainview Apartments

Berkley Commons

Sherman Village
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

Wildwood Village Apartments

Veridian Castleton

Meridian Court South

Fisherman's Village

River West Flats

Maywood at Speedway

Bristol Square

Prairies

Timber Point Apartments

Avia Lofts at Founders Road

The Park at Greenhill

The Life at Creekside Reserve

Woodbrook

Jade North Apartments

Buckridge at Southport

Carrollton Manor Apartments

Utomin Apartments

Parkhaven Apartment Homes

Lake Marina Apartments

Emerson Village

Stonehenge

Cross Creek Apartments

Strawbridge Green

Greentree Apartments

Vineyards Apartments

Total Monthly Price
Horizons Apartments

Sunspring Apartments

Total Monthly Price
2947 Schofield Ave, Unit 2947

Woods at Oak Crossing

River Road Apartments

Cedars

Alpine Studios

Lincolnshire Broad Ripple

Astoria Park Apartment Homes

Landmark

Meridian Lakes

Sherbrook

Estates at Crystal Bay

Turtle Creek - Indianapolis

Lakeside Crossing at Eagle Creek Apartments and Townhomes
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 Under $1000 | $1,224 | $590 | $5,869 |
| Indianapolis 1 Bedroom Apartments Under $1000 | $1,379 | $518 | $4,452 |
| Indianapolis 2 Bedroom Apartments Under $1000 | $1,665 | $545 | $8,266 |
| Indianapolis 3 Bedroom Apartments Under $1000 | $2,017 | $626 | $9,756 |
| Indianapolis 4 Bedroom Apartments Under $1000 | $2,188 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $9,082 | $1,300 | $10,000+ |
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Wendy • 3+ years in Indianapolis
August 10, 2025One of Indiana's most beautiful cities!
Frequently Asked Questions about Indianapolis
How much are Studio apartments in Indianapolis?
There are currently 525 Studio Apartments in Indianapolis with rent ranges from $590 to $5,869 with an average price of $1,224.
What is the current price range for One Bedroom Indianapolis Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Indianapolis ranges from $518 to $4,452 with an average monthly rent of $1,379.
What does renting a Two Bedroom Apartment in Indianapolis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Indianapolis range from $545 to $8,266. Today's average rental price for Two Bedrooms here is $1,665.
How expensive are Indianapolis Three Bedroom Apartments?
There are currently 522 Three Bedroom Apartments listings available in Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $626 to $9,756 - averaging $2,017 for the location.
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.