
Short Term Lease Apartments for Rent in Indianapolis, IN Under $1,200 (164 Rentals)
Rental terms in Indianapolis as short as a month! Perfect when you can't commit to a full year of renting.


Spanish Oaks

Lake Castleton

Vivio on Tenth

The Meridian North and South

Gathyr Apartments

River West Flats
The Freedom of Short-Term Rentals: Exploring the Advantages for Renters
From flexibility to potential costs, explore the key benefits and drawbacks of short-term rental housing from a renter's perspective.

Southern Dunes

The Park at Greenhill

10 West Apartments

Buffalo Creek Apartments

Enclave at Eagle Creek Apartments

Artistry Indy

Chateau in the Woods

A62 Apartments

Edison at Meridian Hills

Parkside at Castleton Square Apartments and Townhomes

Arborwood Apartments

Scandia Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Keeneland Crest Apartments

Martinique Terrace

Estates of Creekside Apartments

Meridian Lakes

Astoria Park Apartment Homes

Ninth Avenue Apartments

The Boardwalk at Westlake Apartments and Townhomes

Bayview Club Apartments

Riverbend Apartments

Park at Eagle Creek
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

The Hub at Nora

The Manning Apartment Homes

Reflections Apartments

Indy Town Apartments

Alder Woods LLC

The 85Twenty

Harrison Place Apartments

The Residence at White River Apartments

Meridian Court

Spinnaker Court Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

The Woods of Eagle Creek

Heritage Apartments

The Elliott at College Park Apartment Homes

Lakeside Crossing at Eagle Creek Apartments and Townhomes

The Lodge at Trails Edge

Lakeshore Reserve Off 86th Apartments and Townhomes

The Villages of Bent Tree Apartments

Avery Point 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

Deercross Apartments

The Life at Harrison Trails
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 | $1,286 | $370 | $6,437 |
Indianapolis 1 Bedroom Apartments | $1,426 | $325 | $4,150 |
Indianapolis 2 Bedroom Apartments | $1,720 | $483 | $8,343 |
Indianapolis 3 Bedroom Apartments | $2,050 | $798 | $10,000+ |
Indianapolis 4 Bedroom Apartments | $2,100 | $600 | $4,850 |
Explore Indianapolis

Indianapolis, IN Local Guide
- Indianapolis Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Quick 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.
Getting Around Indianapolis, IN
Walk Score®
50 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
53 / 100
Bikeable
Some bike infrastructure
Transit Score®
29 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Vivio on Tenth listed at $600.
How much is the average rent for a Short-term Indianapolis Apartment?
The average rent for a Short-term Apartment in Indianapolis is $1,658.
What is the largest Short-term Indianapolis Apartment for rent?
Today's Short-term apartment with the most square footage in Indianapolis is a 2,645 square feet unit starting from $1,050 at The Residences on 56th Street.
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 667 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.