
Apartments for Rent in Indianapolis, IN Under $2,300 (1,004 Rentals) Page 9 of 21


Total Monthly Price
615 N East St, Unit SI ID1364143P

928-934 Martin Luther King Jr St

2920 Ruckle St

835 Weghorst St

7912 Bitternut Dr

2801 N Talbott St, Unit A

10325 Liverpool Way

Total Monthly Price
615 N East St, Unit SI ID1364133P

3405 Hapsburg Way

12307 Cobblestone Ct

115-115 N Arsenal Ave

59 N Audubon Rd

5157-5159 Carrollton Ave

Furnished Studio-Indianapolis - Northwest - I-465

Furnished Studio-Indianapolis - West

2235 Doctor M.L.K. Jr St

44 E Parkview Ave, Unit 44 Parkview Ave Unit A

1020-1022 S Randolph St

Furnished Studio-Indianapolis - Airport

Furnished Studio-Indianapolis - Lawrence

22 Hendricks Pl, Unit 22

636 E 108th St, Unit A

3441 Prospect St

933-935 N Dearborn St

409 N Oakland Ave, Unit 411

1134 E Kelly St

2018 Rembrandt St

2950 Winthrop Ave, Unit B

512 S State Ave

907 Prospect St

1331 W 34th St

44 S Ewing St

3753 N Meridian St, Unit 104

1318 Shelby St

7161 E Pleasant Run Pkwy S Dr, Unit 1

332 N Arsenal Ave

1756-1756 S Delaware St

622 N Linwood Ave

3415 N Capitol Ave

425-427 N Euclid Ave

The Coil

2121-2123 Fairfax Rd

325 S Grand Ave

2159-2159 Bellefontaine St, Unit 2157

330 N Arsenal Ave

306 E 19th St

1354 Oliver Ave

5936 Radnor Rd, Unit 5936 - 2B

264 N Holmes Ave
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 | $1,195 | $495 | $5,104 |
| Indianapolis 1 Bedroom Apartments Under $2300 | $1,373 | $544 | $4,071 |
| Indianapolis 2 Bedroom Apartments Under $2300 | $1,652 | $545 | $8,473 |
| Indianapolis 3 Bedroom Apartments Under $2300 | $2,022 | $626 | $8,346 |
| Indianapolis 4 Bedroom Apartments Under $2300 | $2,288 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $11,184 | $5,988 | $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 528 Studio Apartments in Indianapolis with rent ranges from $495 to $5,104 with an average price of $1,195.
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 $4,071 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 $545 to $8,473. Today's average rental price for Two Bedrooms here is $1,652.
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 $626 to $8,346 - averaging $2,022 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

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.