
New Apartments for Rent in Indianapolis, IN Under $2,000 (182 Rentals) Page 2 of 4


Founders Square Senior Housing

Wesmont

Nook Nine

Wesley Place

River West Flats

Kinwood Place

Edge 35

The Domino

Alpine Studios
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

City Heights

Gathyr Apartments

River House

The Avenue

Madison Lofts

The Aerie on 11th Street

Union at 16th

Vivio on Tenth

Line Lofts

928-934 Martin Luther King Jr St

The Coil

Sycamore Reserve Senior Living

Kennedy Apartments

Garfield Parkside Townhomes

The Overlook at Riverdale- Marian University

Preserve at Willow Springs

Cox Creek at Reagan Crossing

Illinois Street Senior Apartments

Morton School Senior Apartments

The Retreat On Washington

The Congress at Library Square

520 E Washington St

Slate Run Lofts

The Reserve at White River

Overlook at the Fairgrounds

Sunstone at Arlington Woods

Parkside At Tarkington

Redwood Greenwood

Redwood Brownsburg

Trulo Homes Bridle Creek
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 | $1,193 | $595 | $5,283 |
| Indianapolis 1 Bedroom Apartments | $1,376 | $597 | $4,466 |
| Indianapolis 2 Bedroom Apartments | $1,645 | $563 | $5,706 |
| Indianapolis 3 Bedroom Apartments | $2,032 | $900 | $10,000+ |
| Indianapolis 4 Bedroom Apartments | $1,643 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $22,130 | $10,000 | $10,000+ |
Explore Indianapolis
Indianapolis, IN Area Reviews
Wendy • 3+ years in Indianapolis
August 10, 2025One of Indiana's most beautiful cities!
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 Line Lofts listed at $563.
How much is the average rent for a New Indianapolis Apartment?
The average rent for a New Apartment in Indianapolis is $1,882.
What is the largest New Indianapolis Apartment for rent?
Today's New apartment with the most square footage in Indianapolis is a 2,300 square feet unit starting from $1,307 at Quarry at River North.
What is the average size for Indianapolis New Apartments for rent?
The average size for a New rental in Indianapolis is currently at 656 sq ft.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!









