
Apartments for Rent in Indianapolis, IN Under $1,000 (459 Rentals) Page 4 of 10


Willowood East

Pinnacle West

Bavarian Village Apartments

Rosewood Commons

Ashgrove Apartments

Olivewood

The Boardwalk at Westlake Apartments and Townhomes

Annhurst

34 North Apartments

Maple Court

Arlington Green (Indy Town)

The Life at Northwest Gardens

INDY FLATS

Maple Creek Village

The Meridian North and South

The Stratford Apartments

Total Monthly Price
M Club Apartments

Dunbar Court

Franklin Studios

Serenity Manor 55+ Independent Active Living

Garfield Park Village

Glenstone Studios

Meridian Towers

Vivio on Tenth

The Sheldrake Apartments

D&T Nest

The Villages at Mill Crossing

16 Park Apartments

1010 Central

3709-3711 Kinnear Ave

1468 W 32nd St

Kelker Hause

1859 W 60th St

1857 W 60th St

4831 E Washington St

1742 N Whittier Pl

1218 St Peter St

2060 N Delaware St, Unit 3

3524 E Ohio St

740 N Drexel Ave

1206 S Talbott St

9042 S Eldorado Dr

2419 N Bolton Ave

2314 N Goodlet Ave

313 Eastern Ave

1702 Winfield Ave

508-508 Emerson Ave

1353 N Olney St

1320 1/2 Norton Ave
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.