
New Apartments for Rent in Indianapolis, IN Under $2,000 (171 Rentals) Page 2 of 4


The Domino

The Avenue

Alpine Studios

Sunspring Apartments

Vivio on Tenth

D&T Nest

Stella

Rise on Meridian

928-934 Martin Luther King Jr St
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.

2801 N Talbott St, Unit A

The Coil

Sycamore Reserve Senior Living

747 Apartments

Kennedy Apartments

Cox Creek at Reagan Crossing

Alder Woods

The MK

Roberts School Flats

City's End
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.

The Vue

Illinois Street Senior Apartments

The Congress at Library Square

Morton School Senior Apartments

Grid

Proctor Place

Gathyr Apartments

Slate Run Lofts

The Reserve at White River

Monon Lofts
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.

The Aerie on 11th Street

Greyhound Village

University Lofts

Garfield Parkside Townhomes

Overlook at the Fairgrounds

Sunstone at Arlington Woods

Parkside At Tarkington

LEO at Carmel -Single Family Rental Homes

Whitman Villas

Redwood Greenwood
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Portrait Midtown

The Railyard at Midtown

Trulo Homes Bridle Creek

Total Monthly Price
L’Etoile Apartments

Total Monthly Price
Slate at Fishers District

The E - Elevated Living in Whitestown

Gardens on Gateway Senior Apartments

VER at Proscenium Apartments

Total Monthly Price
The Steadman Apartments of Carmel

Sylo
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 | $1,229 | $556 | $6,226 |
| Indianapolis 1 Bedroom Apartments | $1,383 | $544 | $4,002 |
| Indianapolis 2 Bedroom Apartments | $1,672 | $650 | $9,241 |
| Indianapolis 3 Bedroom Apartments | $2,018 | $799 | $9,764 |
| Indianapolis 4 Bedroom Apartments | $1,966 | $600 | $9,340 |
| Indianapolis 5 Bedroom Apartments | $5,563 | $950 | $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 Rise on Meridian listed at $556.
How much is the average rent for a New Indianapolis Apartment?
The average rent for a New Apartment in Indianapolis is $2,000.
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 $1,722 at Slate at Fishers District.
What is the average size for Indianapolis New Apartments for rent?
The average size for a New rental in Indianapolis is currently at 658 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

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Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
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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.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
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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.

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
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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.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
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
Written by: Robin Stewart
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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.