
Short Term Lease Apartments for Rent in Indianapolis, IN Under $1,500 (153 Rentals) Page 3 of 4
Rental terms in Indianapolis as short as a month! Perfect when you can't commit to a full year of renting.


Reflections Apartments

Heathmoore - Indianapolis

Marabou Mills

The Jeffersonian Apartments Of Indianapolis

The Regal Apartments

Stone Lake

Elmtree Park

Remington on Rockville

Aragon Woods
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.

Kensington Gardens

Mezz 42

Reserve at Williams Glen

Riley Crossing at Gateway Park

Union Green

Governor Square

Wellington Place

Park Lane Apartments

McCord Square Apartments

Foundry at Heartland Crossing
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

Residences on Ronald Reagan

Hillcrest Apartments

Pullman Pointe

Prairie Lakes

Total Monthly Price
Copper Chase at Stones Crossing

Bayberry Place Apartments

Wilshaw

Sunlake Apartments

Steeplechase at Shiloh Crossing

Woodland Springs Apartment Homes

Providence at Old Meridian

Hunter Ridge Apartments

Metropolitan Fishers

Sanctuary at Fishers

Flats at Switch

Washington Village Apartments

Brownsburg Crossing

Avon Creek

The Brixton

Dublin Glen Apartments

Willow Glen South

Auburn Place

Furnished Studio-Indianapolis - Greenwood

Carmel Woods

The Village at Sandstone Apartments

Hunters Point Apartments

Emerald Lakes

Meridian Oaks

Bexley Village

Stonehedge Apartments
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 | $1,201 | $575 | $5,300 |
| Indianapolis 1 Bedroom Apartments | $1,372 | $497 | $4,200 |
| Indianapolis 2 Bedroom Apartments | $1,655 | $515 | $7,496 |
| Indianapolis 3 Bedroom Apartments | $2,008 | $626 | $9,199 |
| Indianapolis 4 Bedroom Apartments | $2,104 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $10,256 | $1,300 | $10,000+ |
Explore Indianapolis
Indianapolis, IN Area Reviews
Wendy • 3+ years in Indianapolis
August 10, 2025One of Indiana's most beautiful cities!
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 $1,587.
What is the largest Short-term Indianapolis Apartment for rent?
Today's Short-term apartment with the most square footage in Indianapolis is a 2,200 square feet unit starting from $2,899 at Pinnacle on Meridian.
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 682 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

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.

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.

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.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
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Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.