
Apartments for Rent in Indianapolis, IN Under $2,300 (1,079 Rentals) Page 3 of 22


Creek Bay

2131 North

Sundance Apartments

Latitudes Apartments

Bayview Club Apartments

Center Point

Eagle Chase

632MLK

Vanguard at 16 Tech

Residence on Penn

Hanna Village

TGM Shadeland Station

The Otis at Fort Ben Apartments

Pavillion

9 On Canal

Circa Apartments

Park Forest Apartments

Broad Ripple Flats

Riverview

Crooked Creek

Aspen Lakes

Ashton Brook

The Delaware Apartments

The E'Laan

Southern Dunes

Park at Eagle Creek

Lakeshore Apartments

Aberdeen Apartments

Bishop Pond Residences Apartments

Cedar Ridge

Heritage Apartments

Northampton Village Apartments

Paragon Park

Woods of Castleton

Enclave at Eagle Creek Apartments

Scandia Apartments

Estates of Creekside Apartments

Ralston Apartments

Edge 35

The Elliott at College Park Apartment Homes

Riverchase Apartments

Crosswinds

The Assembly

Buckingham & Balmoral

The Masters Apartments

Axis

Arborwood Apartments

Kinwood Place

Oak Park
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 $2300 | $1,170 | $595 | $5,240 |
| Indianapolis 1 Bedroom Apartments Under $2300 | $1,373 | $497 | $6,336 |
| Indianapolis 2 Bedroom Apartments Under $2300 | $1,646 | $563 | $8,856 |
| Indianapolis 3 Bedroom Apartments Under $2300 | $2,011 | $825 | $10,000+ |
| Indianapolis 4 Bedroom Apartments Under $2300 | $1,439 | $600 | $5,720 |
| Indianapolis 5 Bedroom Apartments | $10,345 | $1,000 | $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 517 Studio Apartments in Indianapolis with rent ranges from $595 to $5,240 with an average price of $1,170.
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 $6,336 with an average monthly rent of $1,373.
What does renting a Two Bedroom Apartment in Indianapolis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Indianapolis range from $563 to $8,856. Today's average rental price for Two Bedrooms here is $1,646.
How expensive are Indianapolis Three Bedroom Apartments?
There are currently 514 Three Bedroom Apartments listings available in Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $825 to $13,878 - averaging $2,011 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.
Articles, How-To's, and Tips

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.

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.