
New Apartments for Rent in Indianapolis, IN Under $4,200 (173 Rentals) Page 2 of 4


Proctor Place

The Assembly

Wesley Place

The Stella

Edge 35

Union at 16th

City Heights

River West Flats

The Avenue

Alpine Studios

Madison Lofts

Vivio on Tenth

928-934 Martin Luther King Jr St

Sycamore Reserve Senior Living

Garfield Parkside Townhomes

The Overlook at Riverdale- Marian University

Cox Creek at Reagan Crossing

632 MLK Apartments

The Congress at Library Square

Illinois Street Senior Apartments

Morton School Senior Apartments

The Retreat On Washington

520 E Washington St

Slate Run Lofts

The Reserve at White River

Overlook at the Fairgrounds

Sunstone at Arlington Woods

Parkside At Tarkington

Preserve at Willow Springs

Wynne Farms Townhomes

Casey Corner Townhomes

Woods at Countryside Crossing

Westhaven at Avon

Flats At Stones Crossing

Slate at Fishers District Luxury Villas & Townhomes

Redwood Greenwood

The Railyard at Midtown

Trulo Homes Bridle Creek
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 | $1,262 | $595 | $5,274 |
Indianapolis 1 Bedroom Apartments | $1,412 | $597 | $4,845 |
Indianapolis 2 Bedroom Apartments | $1,690 | $695 | $8,343 |
Indianapolis 3 Bedroom Apartments | $2,078 | $1,015 | $10,000+ |
Indianapolis 4 Bedroom Apartments | $1,701 | $550 | $5,211 |
Explore Indianapolis
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.
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 Vivio on Tenth listed at $550.
How much is the average rent for a New Indianapolis Apartment?
The average rent for a New Apartment in Indianapolis is $1,923.
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 $1,560 at Slate at Fishers District Luxury Villas & Townhomes.
What is the average size for Indianapolis New Apartments for rent?
The average size for a New rental in Indianapolis is currently at 632 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.