
Apartments for Rent in Indianapolis, IN Under $1,400 (862 Rentals) Page 2 of 18


Versa

Quarry at River North

Penn Street Tower Apartments

The E'Laan

The Fort Apartments

Edgewater Apartments

Rise on Meridian

Wyndham on Delaware

The Marott Apartments

7302 East Washington Street, Unit A

3326 Ruckle St, Unit Rear Apartment

Gardens of Canal Court

Grande Reserve at Geist

River Ridge

Canal Square

Community Place

Murphy's Landing

Union Square

Harrison Place Apartments

Lakes of Windsor

Crosswinds

Iron Trail

Roberts School Flats

The Timbers Apartments

2131 North

Creek Bay

Somerset Lakes

CityWay

Eagle Chase

632MLK

Vanguard at 16 Tech

Residence on Penn

Hanna Village

River Crossing

9 On Canal

Latitudes Apartments

Lakeshore Apartments

Broad Ripple Flats

Riverview

Aspen Lakes

Southern Dunes

Covington Square

Bayview Club Apartments

Bishop Pond Residences Apartments

Cedar Ridge

Stadium Lofts & Flats
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 $1400 | $1,182 | $595 | $5,274 |
| Indianapolis 1 Bedroom Apartments Under $1400 | $1,371 | $649 | $4,688 |
| Indianapolis 2 Bedroom Apartments Under $1400 | $1,642 | $563 | $9,394 |
| Indianapolis 3 Bedroom Apartments Under $1400 | $2,036 | $925 | $10,000+ |
| Indianapolis 4 Bedroom Apartments Under $1400 | $1,721 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $9,946 | $9,946 | $9,946 |
Browse Top Apartments in Indianapolis
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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.
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 518 Studio Apartments in Indianapolis with rent ranges from $595 to $5,274 with an average price of $1,182.
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 $649 to $4,688 with an average monthly rent of $1,371.
What does renting a Two Bedroom Apartment in Indianapolis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Indianapolis range from $563 to $9,394. Today's average rental price for Two Bedrooms here is $1,642.
How expensive are Indianapolis Three Bedroom Apartments?
There are currently 494 Three Bedroom Apartments listings available in Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $925 to $10,855 - averaging $2,036 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.
Articles, How-To's, and Tips

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!


