
Apartments for Rent in Indianapolis, IN Under $1,500 (900 Rentals) Page 17 of 18


Total Monthly Price
Wellington Place

Avon Creek

Total Monthly Price
Sand Creek Woods

Village Crossing

Ashmore Trace

Crown Plaza

Total Monthly Price
Lakeside at Walnut Hills

Brownsburg Crossing

Main Street on the Monon

Sanctuary at Fishers

The Brixton

Metropolitan Fishers

Hunter Ridge Apartments

The Kent at Carmel City Center

Washington Village Apartments

Stonehedge Apartments

Westminster Apartments and Townhomes

Dublin Glen Apartments

Courts of Valle Vista

Willow Glen South

Beech Tree Glen Apartments

Total Monthly Price
17 Woodland Dr, Unit Upstair Rental

The Fairways at Valle Vista

Mission Hills

Total Monthly Price
LaCabreah Apartments

Yorktowne Farms Community

Auburn Place

Beech Meadow Apartments

Total Monthly Price
Summit Pointe

Stafford Pointe

Total Monthly Price
Clearview

Polo Run Apartments

Somerset Place

Waterbury Apartments

Stanford Court

Total Monthly Price
Carmel Center

Woods of West Carmel

Furnished Studio-Indianapolis - Greenwood

7355 Westchester Dr

Carmel Woods

4465-4467 E 550 S

652 E Main St

7046 E US Hwy 36

8946 Brigadier Dr

8947 Brigadier Dr

7046 E US Hwy 36

7046 E US Hwy 36

Lakeside Apartments Phase II

The Residences at Carmel City Center
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 | $1,167 | $595 | $5,069 |
| Indianapolis 1 Bedroom Apartments Under $1500 | $1,383 | $497 | $4,961 |
| Indianapolis 2 Bedroom Apartments Under $1500 | $1,633 | $563 | $6,237 |
| Indianapolis 3 Bedroom Apartments Under $1500 | $2,041 | $925 | $9,966 |
| Indianapolis 4 Bedroom Apartments Under $1500 | $2,035 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $8,373 | $1,000 | $10,000+ |
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Wendy • 3+ years in Indianapolis
August 10, 2025One of Indiana's most beautiful cities!
Frequently Asked Questions about Indianapolis
How much are Studio apartments in Indianapolis?
There are currently 531 Studio Apartments in Indianapolis with rent ranges from $595 to $5,069 with an average price of $1,167.
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 $497 to $4,961 with an average monthly rent of $1,383.
What does renting a Two Bedroom Apartment in Indianapolis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Indianapolis range from $563 to $6,237. Today's average rental price for Two Bedrooms here is $1,633.
How expensive are Indianapolis Three Bedroom Apartments?
There are currently 502 Three Bedroom Apartments listings available in Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $925 to $9,966 - averaging $2,041 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

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.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.