
Apartments for Rent in Indianapolis, IN Under $2,000 (1,006 Rentals) Page 2 of 21


Garden Arch Apartments

River Crossing

South Haven Village Apartments

ARLO Apartments

Lockerbie Lofts

The Lakes Apartments

Windsor Park

Total Monthly Price
1631 Columbia Ave

Gardens of Canal Court
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.

Nine+Eighteen

Lake Clearwater Apartments

Monon 46

AYR Apartments

Total Monthly Price
The 85Twenty

The Ripple

Park at Eagle Creek

Bluff Crossing Apartments

Assembly

Total Monthly Price
The Otis at Fort Ben 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

Wesmont

The Grounds

Circa Apartments

The Timbers Apartments

Historic Marcy Village

Pulliam Square

Solana Apartments

Total Monthly Price
Pleasant Run Senior Apartments

River Ridge

Lakes of Windsor

Pinnex

82 Flats

Community Place

The Preserve on Allisonville Townhomes

Total Monthly Price
Wynbrooke Senior Apartments

Versa

7302 East Washington Street, Unit A

3326 Ruckle St, Unit Rear Apartment

Penn Street Tower Apartments

Ivy Knoll Apartments

Vanguard at 16 Tech

Scandia Apartments

Latitudes Apartments

Murphy's Landing

Artistry Indy

Aspen Lakes

Sundance Apartments

Wesley Place

Maxwell Apartments

The Continental Towers at Vermont Place
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 $2000 | $1,228 | $556 | $6,226 |
| Indianapolis 1 Bedroom Apartments Under $2000 | $1,383 | $544 | $4,002 |
| Indianapolis 2 Bedroom Apartments Under $2000 | $1,673 | $650 | $9,237 |
| Indianapolis 3 Bedroom Apartments Under $2000 | $2,015 | $799 | $9,764 |
| Indianapolis 4 Bedroom Apartments Under $2000 | $1,969 | $600 | $9,164 |
| Indianapolis 5 Bedroom Apartments | $5,716 | $950 | $10,000+ |
Browse Top Apartments in Indianapolis
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Indianapolis, IN Area Reviews
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 527 Studio Apartments in Indianapolis with rent ranges from $556 to $6,226 with an average price of $1,228.
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 $544 to $4,002 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 $650 to $9,237. Today's average rental price for Two Bedrooms here is $1,673.
How expensive are Indianapolis Three Bedroom Apartments?
There are currently 523 Three Bedroom Apartments listings available in Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $799 to $9,764 - averaging $2,015 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.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
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Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
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
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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.