New Apartments for Rent in Indianapolis, IN Under $1,500 (141 Rentals) Page 2 of 3

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done
close
View Me
The Coil
Rent Specials
$1,295 - $3,295
Total Monthly Price

Total Monthly Price

Base Rent
$1,113 - $3,113
Required Monthly Fees
$182
Total Monthly Price
$1,295 - $3,295
Built in 2017Studio to 2 Bedroom Apartments Available Now

The Coil

6349 N College AveIndianapolis, IN 46220
Luxury
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Kennedy Apartments
Built in 20251 to 2 Bedroom Apartments

Kennedy Apartments

806 Dr Martin Luther King Jr StIndianapolis, IN 46202
  • Utilities Included

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

Read Article
close
View Me
Alder Woods
Built in 20231 to 2 Bedroom Apartments

Alder Woods

6806 E County Line RdIndianapolis, IN 46237
close
View Me
Pinnex
Built in 2016Studio to 3 Bedroom Apartments

Pinnex

931 Fletcher AveIndianapolis, IN 46203
close
View Me
City's End
Built in 2021Studio to 2 Bedroom Apartments

City's End

1441 Prospect StIndianapolis, IN 46203
close
View Me
The Vue
Built in 2017Studio to 2 Bedroom Apartments

The Vue

718 E Georgia StIndianapolis, IN 46202
close
View Me
Proctor Place
Built in 20221 to 3 Bedroom Apartments

Proctor Place

240 N Warman AveIndianapolis, IN 46222
close
View Me
Grid
Built in 2020Studio to 2 Bedroom Apartments

Grid

520 E Washington StIndianapolis, IN 46204
close
View Me
Slate Run Lofts
Built in 2019Studio to 2 Bedroom Apartments

Slate Run Lofts

9555 International DrIndianapolis, IN 46268
  • Smoke Free
close
View Me
Monon Lofts
Built in 20171 to 2 Bedroom Apartments

Monon Lofts

1122 E 16th StIndianapolis, IN 46202
  • Utilities Included
close
View Me
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
close
View Me
Greyhound Village
Built in 20161 to 4 Bedroom Apartments

Greyhound Village

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

University Lofts

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

Parkside At Tarkington

3901 N Meridian StIndianapolis, IN 46208
Senior Living
close
View Me
The Grove
Rent Specials
$1,499 - $2,368
Total Monthly Price

Total Monthly Price

Base Rent
$1,381 - $2,250
Required Monthly Fees
$118
Total Monthly Price
$1,499 - $2,368
Built in 20251 to 3 Bedroom Apartments Available Now

The Grove

5813 Lilliana LnWhitestown, IN 46075
Corporate Housing
  • Verified
  • 3D Tour
close
View Me
Double Creek Flats Apartments
$1,449 - $3,963
Total Monthly Price

Total Monthly Price

Base Rent
$1,404 - $3,918
Required Monthly Fees
$45
Total Monthly Price
$1,449 - $3,963
Built in 20161 to 3 Bedroom Apartments Available Now

Double Creek Flats Apartments

335 Double Creek DrPlainfield, IN 46168
Luxury
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
District South
Rent Specials
$1,445 - $2,125
Total Monthly Price

Total Monthly Price

Base Rent
$1,322 - $2,002
Required Monthly Fees
$123
Total Monthly Price
$1,445 - $2,125
Built in 20251 to 2 Bedroom Apartments Available Now

District South

8681 Edison Plaza DrFishers, IN 46038
Corporate Housing
  • Verified
  • 3D Tour
close
View Me
The Hangar on Emerson
Rent Specials
$1,440 - $2,085
Total Monthly Price

Total Monthly Price

Base Rent
$1,385 - $2,030
Required Monthly Fees
$55
Total Monthly Price
$1,440 - $2,085
Built in 20231 to 3 Bedroom Apartments Available Now

The Hangar on Emerson

1140 E Emerson Pointe DrGreenwood, IN 46143
Pet Friendly
  • Verified
  • 3D Tour
  • Smoke Free
close
View Me
Greenview
Rent Specials
$1,434 - $2,051
Total Monthly Price

Total Monthly Price

Base Rent
$1,316 - $1,933
Required Monthly Fees
$118
Total Monthly Price
$1,434 - $2,051
Built in 20221 to 3 Bedroom Apartments Available Now

Greenview

5790 Sunrise WayWhitestown, IN 46075
Corporate Housing
  • Verified
  • 3D Tour
  • Smoke Free
close
View Me
Maverick Modern Apartments
$1,425 - $2,495
Total Monthly Price

Total Monthly Price

Base Rent
$1,391 - $2,461
Required Monthly Fees
$34
Total Monthly Price
$1,425 - $2,495
Built in 20241 to 3 Bedroom Apartments Available Now

Maverick Modern Apartments

370 Homestead AveGreenwood, IN 46143
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Avant
Rent Specials
$1,422 - $4,447Built in 2018Studio to 3 Bedroom Apartments Available Now

Avant

12890 Old Meridian StCarmel, IN 46032
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Apex at Perry Crossing
Rent Specials
$1,410 - $2,598
Total Monthly Price

Total Monthly Price

Base Rent
$1,302 - $2,490
Required Monthly Fees
$108
Total Monthly Price
$1,410 - $2,598
Built in 20231 to 3 Bedroom Apartments Available Now

Apex at Perry Crossing

2673 Appalachian WayPlainfield, IN 46168
  • Verified
  • Customer Reviewed
  • 3D Tour
Showing Results 51-100, Page 2 of 3

Indianapolis, IN Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Wendy • 3+ years in Indianapolis

August 10, 2025

One of Indiana's most beautiful cities!

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 Line Lofts listed at $563.

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

The average rent for a New Apartment in Indianapolis is $1,924.

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 $1,744 at Slate at Fishers District.

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

The average size for a New rental in Indianapolis is currently at 645 sq ft.

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

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

decorative image for Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters article

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.

decorative image for Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods article

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.

Articles, How-To's, and Tips

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.