
New Apartments for Rent in Indianapolis, IN Under $2,000 (166 Rentals)


360 Market Square

Founders Square Senior Housing

2133 Napoleon St, Unit B

220 Meridian

Hinge Apartments

Encore Binford

The Leo

Kennedy Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Lockerbie Lofts

Quarry at River North

Pulliam Square

Ardmore Apartments

Versa

The Landing Apartments

The Otis at Fort Ben Apartments

The Grounds
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

The Coil

Slate Apartments

The Line

The Timbers Apartments

AYR Apartments

The Edge

ARLO Apartments

Industry Indianapolis

Nine+Eighteen

Bluff Crossing Apartments

The Jacob

Penn Street Tower Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Notch at Nora

Monon 46

Wynbrooke Senior Apartments

Wesley Place

Pleasant Run Senior Apartments

Park 66 Flats

The Ripple

Rise on Meridian
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Wesmont

Southern Dunes

Union Square

Iron Trail

2131 North

946 MLK

Gathyr Apartments

Residence on Penn

The Domino

Vanguard at 16 Tech
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Nook Nine

Riverview

Bishop Pond Residences Apartments
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 | $1,255 | $595 | $5,271 |
Indianapolis 1 Bedroom Apartments | $1,407 | $597 | $4,292 |
Indianapolis 2 Bedroom Apartments | $1,683 | $695 | $5,710 |
Indianapolis 3 Bedroom Apartments | $2,060 | $1,095 | $10,000+ |
Indianapolis 4 Bedroom Apartments | $1,536 | $550 | $4,839 |
Indianapolis 5 Bedroom Apartments | $6,295 | $3,570 | $9,020 |
Explore Indianapolis

Indianapolis, IN Local Guide
- Indianapolis Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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 New Indianapolis Apartments
What is the Cheapest New apartment in Indianapolis?
Currently the most affordable New Apartment in Indianapolis is at Vivio on Tenth listed at $550.
How much is the average rent for a New Indianapolis Apartment?
The average rent for a New Apartment in Indianapolis is $1,943.
What is the largest New Indianapolis Apartment for rent?
Today's New apartment with the most square footage in Indianapolis is a 2,675 square feet unit starting from $1,569 at Slate at Fishers District Luxury Villas & Townhomes.
What is the average size for Indianapolis New Apartments for rent?
The average size for a New rental in Indianapolis is currently at 633 sq ft.
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.