
Apartments for Rent in Indianapolis, IN Under $4,200 (1,150 Rentals) Page 13 of 23


1501 S Meridian St

1918 W Washington St

1301 N Olney St

1505 N Tuxedo St

401-401.5-4015 N Colorado Ave

919 N Broadway St

Furnished Studio-Indianapolis - West

1937 King Ave

7032 E 10th St

2345 N Kenwood Ave

The Residences on 56th Street

4912 E Washington St

7988 N Michigan Rd

6154 Commodore Dr

1247 W Lee St

1468 W 32nd St

1005 Sanders St

240 N Beville Ave

9030 S Eldorado Dr

2218 N Edmondson Ave

235 N Oakland Ave

1472 W 32nd St

2209 N Elizabeth St

4012 Mann Rd

3047 Foltz St

2914 Winthrop Ave

1138 36th St

3520 E Fall Creek Pkwy N Dr

1329 E Market St

38-38 N Grant Ave

3247-3247 Winthrop Ave

6054 E 16th St

1701 Fletcher Ave

1133 N Olney St

2248 N Leland Ave

3501 Clifton St

409 N Gray St

1752-1752 N Rural St
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 $4200 | $1,181 | $581 | $5,271 |
| Indianapolis 1 Bedroom Apartments Under $4200 | $1,379 | $581 | $4,071 |
| Indianapolis 2 Bedroom Apartments Under $4200 | $1,656 | $563 | $5,706 |
| Indianapolis 3 Bedroom Apartments Under $4200 | $2,016 | $999 | $8,288 |
| Indianapolis 4 Bedroom Apartments Under $4200 | $1,786 | $600 | $8,275 |
| Indianapolis 5 Bedroom Apartments | $4,029 | $1,000 | $8,793 |
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 $581 to $5,271 with an average price of $1,181.
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 $581 to $4,071 with an average monthly rent of $1,379.
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 $5,706. Today's average rental price for Two Bedrooms here is $1,656.
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 $999 to $8,288 - averaging $2,016 for the location.
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.

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!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.










