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


Wyckford Commons

South Haven Village Apartments

Aspen Pointe Apartments

333 Penn Apartments

Riley Towers

The Residence at White River Apartments

Axis

Shore Acres

Sundance Apartments

Crooked Creek

Highland Pointe

Willow Brook

Historic Marcy Village

Paragon Park

Harbour Pointe

Mozzo apartments

Autumn Chase

Fountain Parc

Carriage House West

Overlook at Valley Ridge Apartments

Historic Irvington Flats

Fallwood

CityView on Meridian

Waterside at Castleton

Apollo & Aurora Apartments

Wyndham Hall Senior

The Villages of Bent Tree Apartments

Woods at Oak Crossing

The Riverside Apartment Homes

Avery Point Apartments

Parkside at Castleton Square Apartments and Townhomes

River House

The Masters Apartments

Avia Lofts at Founders Road

The Elliott at College Park Apartment Homes

Bayview Club Apartments

Oak Lake at Crooked Creek

TGM Avalon Lake

The Manning Apartment Homes

Lakeshore Reserve Off 86th Apartments and Townhomes

Eagle Creek

Ashton Brook

4013 Clarendon Rd, Unit 4013

10903 N College Ave, Unit UNIT A

Westpark Townhomes

Country Lake Estates

Gathyr Apartments
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
See all Apartments in IndianapolisExplore 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.
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.

