
Apartments for Rent in Indianapolis, IN Under $2,000 (956 Rentals) Page 2 of 20


The Jacob

VITRA Apartments

AYR Apartments

Union Square

The Continental Towers at Vermont Place

Canal Square

Gardens of Canal Court

Nine+Eighteen

Lake Clearwater 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

Notch at Nora

The Stella

The Grounds

Park 66 Flats

Eagle Chase

Axis

Pleasant Run Senior Apartments

The Leo

Historic Marcy Village

Park at Eagle Creek

Community Place

Versa

Pinnex

Edgewater Apartments

The Timbers Apartments

Somerset Lakes

Rise on Meridian

The Fort Apartments

River Ridge Apartments

82 Flats

3326 Ruckle St, Unit Rear Apartment

Total Monthly Price
2322 Guilford Ave, Unit A

7302 East Washington Street, Unit A

Total Monthly Price
829 N Pennsylvania St, Unit 1C

Mozzo apartments

333 Penn Apartments

Penn Street Tower

Total Monthly Price
Bayview Club Apartments

Total Monthly Price
The 85Twenty

Lakes of Windsor

Eagle Creek by Spark Living

Total Monthly Price
Nook Nine

Iron Trail

Aberdeen Apartments

Total Monthly Price
North Willow

River Crossing

Total Monthly Price
2131 North

LINDEN SQUARE

Aspen Lakes

Circa 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 Under $2000 | $1,185 | $495 | $5,277 |
| Indianapolis 1 Bedroom Apartments Under $2000 | $1,391 | $497 | $4,071 |
| Indianapolis 2 Bedroom Apartments Under $2000 | $1,650 | $545 | $5,681 |
| Indianapolis 3 Bedroom Apartments Under $2000 | $2,028 | $626 | $8,554 |
| Indianapolis 4 Bedroom Apartments Under $2000 | $1,868 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $7,296 | $950 | $10,000+ |
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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 526 Studio Apartments in Indianapolis with rent ranges from $495 to $5,277 with an average price of $1,185.
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 $497 to $4,071 with an average monthly rent of $1,391.
What does renting a Two Bedroom Apartment in Indianapolis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Indianapolis range from $545 to $5,681. Today's average rental price for Two Bedrooms here is $1,650.
How expensive are Indianapolis Three Bedroom Apartments?
There are currently 502 Three Bedroom Apartments listings available in Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $626 to $8,554 - averaging $2,028 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
Written by: Wendy Melton
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.