Top Rated Apartments for Rent in Indianapolis, IN Under $1,500 (184 Rentals) Page 4 of 4

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Apartments in Indianapolis with the best features, newest construction, and richest amenities.

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Village Crossing
2 to 4 Bedroom Apartments

Village Crossing

20 Village Crossing DrGreenwood, IN 46143
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The District
1 to 2 Bedroom Apartments

The District

13110 Baden DrFishers, IN 46037
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Mosaic Apartments
1 to 3 Bedroom Apartments

Mosaic Apartments

8155 Montage AveAvon, IN 46123
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Central Park Apartments
1 to 2 Bedroom Apartments

Central Park Apartments

750 Central Park Dr EPlainfield, IN 46168
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Penn Circle
1 to 2 Bedroom Apartments

Penn Circle

12415 N Pennsylvania StCarmel, IN 46032
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Midtown Flats
Studio to 3 Bedroom Apartments

Midtown Flats

591 Monon BlvdCarmel, IN 46032
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Bayshore Apartments
1 to 2 Bedroom Apartments

Bayshore Apartments

1534 Sandy Bay DrGreenwood, IN 46142
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Spark Apartments
1 to 3 Bedroom Apartments

Spark Apartments

8800 North StFishers, IN 46038
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The Blvd at Anson
Studio to 3 Bedroom Apartments

The Blvd at Anson

6290 Central BlvdWhitestown, IN 46075
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Bexley Village
1 to 2 Bedroom Apartments

Bexley Village

700 Bexley PlGreenwood, IN 46143
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Barton Farms
1 to 2 Bedroom Apartments

Barton Farms

1630 Saddle WayGreenwood, IN 46143
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The Gables
1 to 2 Bedroom Apartments

The Gables

826 Ryland StGreenwood, IN 46143
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Showing Results 151-184, Page 4 of 4

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

  • Parks
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  • 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 Indianapolis

How much are Studio apartments in Indianapolis?

There are currently 253 Studio Apartments in Indianapolis with rent ranges from $520 to $6,410 with an average price of $2,039.

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 $5,280 with an average monthly rent of $1,390.

What does renting a Two Bedroom Apartment in Indianapolis cost?

The monthly rent prices of Two Bedroom Apartments currently available in Indianapolis range from $695 to $5,803. Today's average rental price for Two Bedrooms here is $1,658.

How expensive are Indianapolis Three Bedroom Apartments?

There are currently 440 Three Bedroom Apartments listings available in Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $1,015 to $11,089 - averaging $2,051 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.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.