New Apartments for Rent in Indianapolis, IN Under $1,300 (70 Rentals)

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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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.

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Edge 35
Rent Specials
from $1,067Built in 2019Studio to 2 Bedroom Apartments Available Jun 25

Edge 35

1224 Prospect StIndianapolis, IN 46203
Transit Friendly
  • Verified
  • Customer Reviewed
  • Matterport 3D Tour

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.

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632 MLK Apartments
Built in 2016Studio to 4 Bedroom Apartments

632 MLK Apartments

632 Dr Martin Luther King Jr StIndianapolis, IN 46202
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The Meadows
Built in 20231 to 2 Bedroom Apartments

The Meadows

4016 Meadows WayIndianapolis, IN 46205
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The Vue
Built in 2017Studio to 2 Bedroom Apartments

The Vue

718 E Georgia StIndianapolis, IN 46202

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.

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The Retreat On Washington
Built in 20151 to 2 Bedroom Apartments

The Retreat On Washington

2950 Kirkbride WayIndianapolis, IN 46222
Senior Living
  • Utilities Included
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520 E Washington St
Built in 2020Studio to 2 Bedroom Apartments

520 E Washington St

520 E Washington StIndianapolis, IN 46204
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Line Lofts
Built in 20212 Bedroom Apartments

Line Lofts

1145 E Washington StIndianapolis, IN 46202
Senior Living
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Slate Run Lofts
Built in 2019Studio to 2 Bedroom Apartments

Slate Run Lofts

9555 International DrIndianapolis, IN 46268
  • Smoke Free
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The Haciendas
Built in 20151 to 3 Bedroom Apartments

The Haciendas

3816 Trilbey DrIndianapolis, IN 46235
  • Utilities Included
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The Reserve at White River
Built in 20221 to 2 Bedroom Apartments

The Reserve at White River

2774 Pixel RdIndianapolis, IN 46222
Senior Living
  • Utilities Included
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Greyhound Village
Built in 20161 to 4 Bedroom Apartments

Greyhound Village

3701 Shelby StIndianapolis, IN 46227
Student Housing
  • Utilities Included
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University Lofts
Built in 20191 to 4 Bedroom Apartments

University Lofts

1340 National AveIndianapolis, IN 46227
Student Housing
  • Utilities Included
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Parkside At Tarkington
Built in 20221 to 2 Bedroom Apartments

Parkside At Tarkington

3901 N Meridian StIndianapolis, IN 46208
Senior Living

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

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Indianapolis, IN Local Guide

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.

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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 New Indianapolis Apartments

What is the Cheapest New apartment in Indianapolis?

Currently the most affordable New Apartment in Indianapolis is at Vivio on Tenth listed at $550.

How much is the average rent for a New Indianapolis Apartment?

The average rent for a New Apartment in Indianapolis is $1,985.

What is the largest New Indianapolis Apartment for rent?

Today's New apartment with the most square footage in Indianapolis is a 2,675 square feet unit starting from $1,853 at Slate at Fishers District Luxury Villas & Townhomes.

What is the average size for Indianapolis New Apartments for rent?

The average size for a New rental in Indianapolis is currently at 648 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.

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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.

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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.