
Apartments for Rent in Indianapolis, IN Under $1,500 (850 Rentals) Page 2 of 17


Notch at Nora

Monon 46

Wynbrooke Senior Apartments

North Willow

THE GRANDE RESERVE AT GEIST

Wesley Place

333 Penn Apartments

Pleasant Run Senior Apartments

Circa Apartments
Check Out Indianapolis’s Best Affordable Neighborhoods
Learn about Indianapolis and the best places to live with original content written by our Local Expert Wendy Melton

River Ridge

Murphy's Landing

Park 66 Flats

The Ripple

Sundance Apartments

Historic Marcy Village

The E'Laan

The Fort Apartments

Rise on Meridian

Lakeshore Apartments

7302 East Washington Street, Unit A

Wesmont

Gardens of Canal Court

Latitudes Apartments

Southern Dunes

Canal Square

Community Place

EAGLE CHASE APARTMENTS

Union Square

Crosswinds

Lakes of Windsor

The Assumption on Blaine

Iron Trail

Maxwell Apartments

The 85Twenty

Reserve at Franklin Glen

Monon Living

Riverchase Apartments

Bayview Club Apartments

2131 North

The Elliott at College Park Apartment Homes

LINDEN SQUARE

946 MLK

Lockerbie Flats

Residence on Penn

River Crossing

Gathyr Apartments

Temple Lofts

The Domino
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 | $1,255 | $595 | $5,271 |
Indianapolis 1 Bedroom Apartments Under $1500 | $1,407 | $597 | $4,292 |
Indianapolis 2 Bedroom Apartments Under $1500 | $1,683 | $695 | $5,710 |
Indianapolis 3 Bedroom Apartments Under $1500 | $2,060 | $1,095 | $10,000+ |
Indianapolis 4 Bedroom Apartments Under $1500 | $1,536 | $550 | $4,839 |
Browse Top Apartments in Indianapolis
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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 252 Studio Apartments in Indianapolis with rent ranges from $595 to $5,271 with an average price of $1,255.
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 $4,292 with an average monthly rent of $1,407.
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 $5,710. Today's average rental price for Two Bedrooms here is $1,683.
How expensive are Indianapolis Three Bedroom Apartments?
There are currently 435 Three Bedroom Apartments listings available in Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $1,095 to $11,670 - averaging $2,060 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.

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.

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.

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.