
Apartments for Rent in Indianapolis, IN Under $4,100 (1,142 Rentals) Page 2 of 23


AYR Apartments

946 MLK

Garden Arch Apartments

The Edge

333 Penn Apartments

Industry Indianapolis

ARLO Apartments

The Assembly

Five Twenty Virginia

Notch at Nora

VITRA Apartments

The Meridian Apartments

Solana Apartments

The Delaware Apartments

2322 Guilford Ave, Unit A

The Grounds

The Stella

The Jacob

Bluff Crossing Apartments

Mansion Row - Where Historic Charm Meets Modern Convenience!

The Reserve at Franklin Glenn I LP

North Willow

Circa Apartments

Maxwell Apartments

Pleasant Run Senior Apartments

Pulliam Square

Monon 46

The Leo

Lake Clearwater Apartments

Versa

Monon Living

The E'Laan

Penn Street Tower Apartments

Quarry at River North

The Fort Apartments

Edgewater Apartments

Rise on Meridian

The Marott Apartments

Wyndham on Delaware

7302 East Washington Street, Unit A

3326 Ruckle St, Unit Rear Apartment

Gardens of Canal Court

Grande Reserve at Geist

River Ridge

Canal Square

Community 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 $4100 | $1,180 | $595 | $5,274 |
| Indianapolis 1 Bedroom Apartments Under $4100 | $1,370 | $649 | $4,688 |
| Indianapolis 2 Bedroom Apartments Under $4100 | $1,643 | $563 | $9,476 |
| Indianapolis 3 Bedroom Apartments Under $4100 | $2,022 | $925 | $10,000+ |
| Indianapolis 4 Bedroom Apartments Under $4100 | $1,668 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $9,946 | $9,946 | $9,946 |
Browse Top Apartments in Indianapolis
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Getting Around Indianapolis, IN
Walk Score®
50 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
53 / 100
Bikeable
Some bike infrastructure
Transit Score®
29 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 517 Studio Apartments in Indianapolis with rent ranges from $595 to $5,274 with an average price of $1,180.
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 $649 to $4,688 with an average monthly rent of $1,370.
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 $9,476. Today's average rental price for Two Bedrooms here is $1,643.
How expensive are Indianapolis Three Bedroom Apartments?
There are currently 496 Three Bedroom Apartments listings available in Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $925 to $15,731 - 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.
Articles, How-To's, and Tips

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!


