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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Midtown Flats
Studio to 3 Bedroom Apartments

Midtown Flats

591 Monon BlvdCarmel, IN 46032
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Village Crossing
2 to 4 Bedroom Apartments

Village Crossing

20 Village Crossing DrGreenwood, IN 46143
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Penn Circle
1 to 2 Bedroom Apartments

Penn Circle

12415 N Pennsylvania StCarmel, IN 46032
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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 3 Bedroom Apartments

Central Park Apartments

750 Central Park Dr EPlainfield, IN 46168
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Spark Apartments
1 to 3 Bedroom Apartments

Spark Apartments

8800 North StFishers, IN 46038
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The District
1 to 3 Bedroom Apartments

The District

13110 Baden DrFishers, IN 46037
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Runaway Bay Apartments
1 to 3 Bedroom Apartments

Runaway Bay Apartments

2030 Runaway Bay DrSpeedway, IN 46224
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Bexley Village
1 to 2 Bedroom Apartments

Bexley Village

700 Bexley PlGreenwood, IN 46143
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Bayshore Apartments
1 to 3 Bedroom Apartments

Bayshore Apartments

1534 Sandy Bay DrGreenwood, IN 46142
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Barton Farms
1 to 2 Bedroom Apartments

Barton Farms

1630 Saddle WayGreenwood, IN 46143
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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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The Gables
1 to 4 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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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 520 Studio Apartments in Indianapolis with rent ranges from $316 to $5,274 with an average price of $3,728.

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 $495 to $6,336 with an average monthly rent of $1,369.

What does renting a Two Bedroom Apartment in Indianapolis cost?

The monthly rent prices of Two Bedroom Apartments currently available in Indianapolis range from $316 to $5,706. Today's average rental price for Two Bedrooms here is $1,647.

How expensive are Indianapolis Three Bedroom Apartments?

There are currently 507 Three Bedroom Apartments listings available in Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $899 to $8,662 - averaging $1,992 for the location.

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.

Articles, How-To's, and Tips

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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!