
Apartments for Rent in Indianapolis, IN Under $1,000 (440 Rentals) Page 2 of 9


Apartments @ Marten Court

Warren Harbor Apartments

Sherman Village

Woods at Oak Crossing

Fountainview Apartments

The Vistas Apartment Homes

Aspen Chase

Welcome to Dawson Village – Welcome Home!

The Hills Apartment Homes
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

River West Flats

Summit at Keystone

Total Monthly Price
9 On Canal

Bristol Square

Astoria Park Apartment Homes

Indy Christian Place Apartments LLC

The Park at Greenhill

Jade North Apartments

Buckridge at Southport

Carrollton Manor Apartments

Wildwood Village Apartments

Lake Marina Apartments

Parc Bordeaux Apartments

Fisherman's Village

Timber Point Apartments

Devonshire Apartments in Downtown Indianapolis

Cross Creek Apartments

The Prairies Apartment Homes

Pebble Point

Riverbend Apartments

Maple Court Apartments - Where City Convenience Meets Neighborhood Charm!

Capital Place

1010 Central

Sunspring Apartments

Total Monthly Price
2947 Schofield Ave, Unit 2947, Unit 2947

River Road Apartments

Lakeshore Reserve Off 86th Apartments and Townhomes

Lincolnshire Apartments

Stonehenge

Landmark

Meridian Lakes

Estates at Crystal Bay

SOUTHPORT AT BUCK CREEK

The Abby

Meridian Court South

Turtle Creek - Indianapolis

Knoll Ridge Townhomes

Colonial Park

English Village Apartments

Greentree 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 Under $1000 | $1,196 | $200 | $5,277 |
| Indianapolis 1 Bedroom Apartments Under $1000 | $1,367 | $544 | $4,240 |
| Indianapolis 2 Bedroom Apartments Under $1000 | $1,619 | $545 | $6,804 |
| Indianapolis 3 Bedroom Apartments Under $1000 | $1,974 | $626 | $8,289 |
| Indianapolis 4 Bedroom Apartments Under $1000 | $1,912 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $9,099 | $950 | $10,000+ |
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Indianapolis, IN Area Reviews
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 $200 to $5,277 with an average price of $1,196.
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 $544 to $4,240 with an average monthly rent of $1,367.
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 $6,804. Today's average rental price for Two Bedrooms here is $1,619.
How expensive are Indianapolis Three Bedroom Apartments?
There are currently 509 Three Bedroom Apartments listings available in Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $626 to $8,289 - averaging $1,974 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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.