
Apartments for Rent in Indianapolis, IN Under $4,200 (1,151 Rentals) Page 14 of 24


1314 Medford Ave

1920 E Washington St

1442 W Congress Ave

867-867 N Linwood Ave

1783-1783 Roosevelt Ave

618 N Euclid Ave

1038 W Roache St

2846-2846 Dr Andrew J Brown Ave

816-818 N Bancroft St

1344 Burdsal Pkwy

238.5 N Beville Ave

3610 Balsam Ave

804 Lasalle St

The Overlook at Riverdale- Marian University
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 497 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.


































