
Apartments for Rent in Indianapolis, IN Under $1,500 (990 Rentals) Page 17 of 20


Stonekey Apartments

Crown Point Apartments

Fisher Apartments

Addison Creek

SUITES OF IRVINGTON

Canterbury House Apartments - Franklin Road

Shore Acres

Park Lane Apartments

Penn Circle

Satori Flats

Nickel Plate Station

Riley Crossing at Gateway Park

Total Monthly Price
Fishers Run Senior Apartments

Gardens on Gateway Senior Apartments

Wentworth at WestClay Condominiums

Sunrise on the Monon

Echo Park at Perry Crossing

Runaway Bay Apartments

Providence at Old Meridian

Hyde Park Towns & Flats

Maverick Modern Apartments

The Olivia

Total Monthly Price
The Hangar on Emerson

Arlington Farms

River Place Flats

Pullman Pointe

Reveal on Cumberland Apartments

Depot at Nickel Plate

Double Creek Flats Apartments

Lantern Woods Apartments

The Rail at 1380

Union Green

Mezz 42

Library Park

Total Monthly Price
The Ascent Apartments of Plainfield

VER at Proscenium Apartments

The Signature at Carmel

Reserve at Williams Glen

Kensington Gardens

Wellington Place

The Union Flats at Fishers District

Wilshaw

Hobbs Station

Metropolitan Fishers

Avant

Apex at Perry Crossing

Village Crossing

The Mark at Fishers District

Total Monthly Price
Grove 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 Under $1500 | $1,212 | $556 | $6,128 |
| Indianapolis 1 Bedroom Apartments Under $1500 | $1,388 | $543 | $4,663 |
| Indianapolis 2 Bedroom Apartments Under $1500 | $1,667 | $650 | $10,000+ |
| Indianapolis 3 Bedroom Apartments Under $1500 | $2,003 | $799 | $8,628 |
| Indianapolis 4 Bedroom Apartments Under $1500 | $2,294 | $600 | $7,441 |
| Indianapolis 5 Bedroom Apartments | $5,847 | $2,800 | $10,000+ |
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August 10, 2025One of Indiana's most beautiful cities!
Frequently Asked Questions about Indianapolis
How much are Studio apartments in Indianapolis?
There are currently 524 Studio Apartments in Indianapolis with rent ranges from $556 to $6,128 with an average price of $1,212.
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 $543 to $4,663 with an average monthly rent of $1,388.
What does renting a Two Bedroom Apartment in Indianapolis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Indianapolis range from $650 to $20,809. Today's average rental price for Two Bedrooms here is $1,667.
How expensive are Indianapolis Three Bedroom Apartments?
There are currently 539 Three Bedroom Apartments listings available in Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $799 to $8,628 - averaging $2,003 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.
Helpful Local Expert Guides

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Articles, How-To's, and Tips

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.