Top Rated Apartments for Rent in Indianapolis, IN Under $1,500 (172 Rentals) Page 3 of 4
Apartments in Indianapolis with the best features, newest construction, and richest amenities.

Brookhaven at County Line Senior Apartments

Sunrise on the Monon

Westhaven Luxury Apartments

Outlook Hamilton 55+ Active Adult Apartments

The Hangar on Emerson Apartments

Echo Park at Perry Crossing

VER at Proscenium Apartments

Carmel Center

Arlington Farms

Apex at Perry Crossing

Wellington Place

The Olivia

Canyon Club at Perry Crossing

Runaway Bay Apartments

The Ascent Apartments of Plainfield

Reveal on Cumberland Apartments

OLD TOWN ON THE MONON

Double Creek Flats Apartments

The Flats at Fishers Marketplace

Prairie Lakes

Providence at Old Meridian

The Arbuckle

Hobbs Station

McCord Square Apartments

Muse Carmel

Nickel Plate Station

Sanctuary at Fishers

Alinium at Zionsville

The Reserve at William's Glen

The Depot At Nickel Plate

Alexandria of Carmel Apartments

Sunlake Apartments

Bayberry Place Apartments

Residences on Ronald Reagan

The Madison at Greenwood

Copper Chase at Stones Crossing
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 | $1,273 | $595 | $7,056 |
Indianapolis 1 Bedroom Apartments | $1,424 | $597 | $4,988 |
Indianapolis 2 Bedroom Apartments | $1,707 | $700 | $8,077 |
Indianapolis 3 Bedroom Apartments | $2,088 | $1,015 | $10,000+ |
Indianapolis 4 Bedroom Apartments | $1,572 | $550 | $5,214 |
Explore Indianapolis
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 Indianapolis
How much are Studio apartments in Indianapolis?
There are currently 253 Studio Apartments in Indianapolis with rent ranges from $438 to $7,056 with an average price of $2,224.
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 $597 to $4,988 with an average monthly rent of $1,424.
What does renting a Two Bedroom Apartment in Indianapolis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Indianapolis range from $700 to $8,077. Today's average rental price for Two Bedrooms here is $1,707.
How expensive are Indianapolis Three Bedroom Apartments?
There are currently 432 Three Bedroom Apartments listings available in Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $1,015 to $11,364 - averaging $2,088 for the location.
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.

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.

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.

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.

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.