New Apartments for Rent in Indianapolis, IN Under $1,500 (144 Rentals) Page 3 of 3

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Bailey Park
Built in 20151 to 2 Bedroom Apartments

Bailey Park

7774 Bedford CtBrownsburg, IN 46112
Senior Living
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Verge
Built in 20191 to 3 Bedroom Apartments

Verge

764 Greenwood Springs DrGreenwood, IN 46143
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The District
Built in 20161 to 3 Bedroom Apartments

The District

13110 Baden DrFishers, IN 46037
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Spark Apartments
Built in 20191 to 3 Bedroom Apartments

Spark Apartments

8800 North StFishers, IN 46038
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Midtown Flats
Built in 2019Studio to 3 Bedroom Apartments

Midtown Flats

591 Monon BlvdCarmel, IN 46032
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Highpointe on Meridian
Built in 20151 to 3 Bedroom Apartments

Highpointe on Meridian

13415 Highpointe BlvdCarmel, IN 46032
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Mosaic Apartments
Built in 20181 to 3 Bedroom Apartments

Mosaic Apartments

8155 Montage AveAvon, IN 46123
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Harpers Crossing
Built in 20221 to 3 Bedroom Apartments

Harpers Crossing

311 Harpers CrossingPlainfield, IN 46168
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The Gables
Built in 20181 to 4 Bedroom Apartments

The Gables

826 Ryland StGreenwood, IN 46143
  • Utilities Included
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Cumberland Cottages
Built in 20242 to 3 Bedroom Apartments

Cumberland Cottages

13995 Cumberland RdFishers, IN 46038
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Haven Homes
Built in 20211 to 3 Bedroom Apartments

Haven Homes

556 Ally BlvdPlainfield, IN 46168
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Kinnley Court
Built in 20181 to 2 Bedroom Apartments

Kinnley Court

3650 Clarks Creek RdPlainfield, IN 46168
Senior Living
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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

Indianapolis, IN Area Reviews

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Wendy3+ 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 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 $1,910.

What is the largest New Indianapolis Apartment for rent?

Today's New apartment with the most square footage in Indianapolis is a 2,300 square feet unit starting from $1,503 at Quarry at River North.

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

The average size for a New rental in Indianapolis is currently at 649 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.

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 How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.