
New Apartments for Rent in Indianapolis, IN Under $2,300 (167 Rentals) Page 3 of 4


Maverick Modern Apartments

Greenview

Sylo

The Olivia

The Grove

Total Monthly Price
District South

Wild Air Landing

Signature at Carmel

Fishers Run Senior Apartments

Sunrise on the Monon

Echo Park at Perry Crossing

Flats at Stones Crossing

Hyde Park Towns & Flats

Apex at Perry Crossing

Mezz 42

Arlington Farms

The Ascent Apartments of Plainfield

River Place Flats

The State at Fishers Apartments

Satori Flats

Overture at Proscenium Apartments

Total Monthly Price
Grove Crossing

Muse Carmel

Avant

Nickel Plate Station

McCord Square Apartments

Pullman Pointe

Kensington Gardens

Wilshaw

Aria Apartments of Zionsville

Arbuckle

Total Monthly Price
The Hangar on Emerson

The Barlow

Double Creek Flats Apartments

Hobbs Station

Foundry at Heartland Crossing

Regency Preserve

Madison at Greenwood

Flats at Switch

Lavina

The Mark at Fishers District

BroadAcre Apartments of McCordsville

Grace Lane Apartments

Riley Crossing at Gateway Park

The Kent at Carmel City Center

The Wren & The Windsor in Carmel City Center

Woods of West Carmel

Westhaven at Avon

L’Etoile 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 | $1,195 | $495 | $5,104 |
| Indianapolis 1 Bedroom Apartments | $1,373 | $544 | $4,071 |
| Indianapolis 2 Bedroom Apartments | $1,652 | $545 | $8,473 |
| Indianapolis 3 Bedroom Apartments | $2,022 | $626 | $8,346 |
| Indianapolis 4 Bedroom Apartments | $2,288 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $11,184 | $5,988 | $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 D&T Nest listed at $575.
How much is the average rent for a New Indianapolis Apartment?
The average rent for a New Apartment in Indianapolis is $1,946.
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 $1,695 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 651 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.

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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.