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$1,150 - $2,557Built in 2025Studio to 2 Bedroom Apartments Available Now
Vanguard at 16 Tech
1410 Breedlove LnIndianapolis, IN 46202
New Apartments for Rent in Indianapolis, IN Under $4,800 (188 Rentals) Page 2 of 4
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$1,149 - $2,199Built in 2021Studio to 2 Bedroom Apartments Available Now
Wesmont
1515 Lewis StIndianapolis, IN 46202
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$1,148 - $2,934Built in 2025Studio to 3 Bedroom Apartments Available Now
Nook Nine
9433 Avant AveIndianapolis, IN 46240
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$1,124 - $1,324Built in 2018Studio to 2 Bedroom Apartments Available Now
River West Flats
1150 N White River Pkwy West DrIndianapolis, IN 46222
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$1,121 - $1,687Built in 20251 to 4 Bedroom Apartments Contact Us For Availability
Kinwood Place
4901 S Emerson AveIndianapolis, IN 46203
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$1,107 - $2,406Built in 2019Studio to 2 Bedroom Apartments Available Dec 24
Edge 35
1224 Prospect StIndianapolis, IN 46203
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$1,099 - $2,364Built in 2023Studio to 2 Bedroom Apartments Available Now
Wesley Place
75 W 18th StIndianapolis, IN 46202
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$1,049 - $2,120Built in 2025Studio to 2 Bedroom Apartments Available Now
The Domino
3200 Dr. Andrew J. Brown AveIndianapolis, IN 46205
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$1,009 - $1,478Built in 2021Studio to 2 Bedroom Apartments Available Now
Alpine Studios
5818 Flight School DrIndianapolis, IN 46221
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$1,000 - $1,360Built in 20251 to 3 Bedroom Apartments Available Now
City Heights
457 Monument View DrIndianapolis, IN 46227
Check Out Indianapolis’s Best Affordable Neighborhoods
Learn about Indianapolis and the best places to live with original content written by our Local Expert Wendy Melton
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$999 - $2,075Built in 2023Studio to 2 Bedroom Apartments Available Now
Gathyr Apartments
1117 E Market StIndianapolis, IN 46202
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$993 - $5,274Built in 2018Studio to 2 Bedroom Apartments Available Now
River House
6311 E Westfield BlvdIndianapolis, IN 46220
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$949 - $1,639Built in 20161 to 4 Bedroom Apartments Available Now
The Avenue
930 W 10th StIndianapolis, IN 46202
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$830 - $1,349Built in 20151 to 2 Bedroom Apartments Available Now
Madison Lofts
1430 Madison AveIndianapolis, IN 46225
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$775 - $825Built in 20252 Bedroom Apartments Available Now
The Aerie on 11th Street
6240 E 11th StIndianapolis, IN 46219
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$700 - $1,995Built in 2025Studio to 2 Bedroom Apartments Available Now
The Stella
1827 N Meridian StIndianapolis, IN 46202
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$684 - $1,250Built in 20221 to 3 Bedroom Apartments Available Dec 19
Union at 16th
2152 Emrich LnIndianapolis, IN 46222
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$600 - $1,350Built in 2017Studio to 4 Bedroom Apartments Available Now
Vivio on Tenth
1717 W 10th StIndianapolis, IN 46222
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$563 - $1,429Built in 20212 Bedroom Apartments Available Now
Line Lofts
1145 E Washington StIndianapolis, IN 46202
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Built in 20163 Bedroom Apartments
928-934 Martin Luther King Jr St
928-934 Martin Luther King Jr StIndianapolis, IN 46202
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$1,295 - $3,095Built in 2017Studio to 2 Bedroom Apartments Available Now
The Coil
6349 N College AveIndianapolis, IN 46220
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Built in 2019Studio to 2 Bedroom Apartments
Sycamore Reserve Senior Living
8275 Craig StIndianapolis, IN 46250
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Built in 20251 to 2 Bedroom Apartments
Kennedy Apartments
806 Dr Martin Luther King Jr StIndianapolis, IN 46202
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Built in 20233 Bedroom Apartments
Garfield Parkside Townhomes
401 E Southern AveIndianapolis, IN 46225
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Built in 2015Studio to 3 Bedroom Apartments
The Overlook at Riverdale- Marian University
3200 Cold Spring RdIndianapolis, IN 46222
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Built in 20151 to 2 Bedroom Apartments
Preserve at Willow Springs
2252 River Willow PlIndianapolis, IN 46260
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Built in 20191 to 2 Bedroom Apartments
Cox Creek at Reagan Crossing
10435 Cox PlIndianapolis, IN 46234
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Built in 2016Studio to 2 Bedroom Apartments
Illinois Street Senior Apartments
1352 N Illinois StIndianapolis, IN 46202
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Built in 2019Studio to 2 Bedroom Apartments
Morton School Senior Apartments
2101 N College AveIndianapolis, IN 46202
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Built in 20151 to 2 Bedroom Apartments
The Retreat On Washington
2950 Kirkbride WayIndianapolis, IN 46222
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Built in 2017Studio to 2 Bedroom Apartments
The Congress at Library Square
923 N Meridian StIndianapolis, IN 46204
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Built in 2020Studio to 2 Bedroom Apartments
520 E Washington St
520 E Washington StIndianapolis, IN 46204
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Built in 2019Studio to 2 Bedroom Apartments
Slate Run Lofts
9555 International DrIndianapolis, IN 46268
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Built in 20221 to 2 Bedroom Apartments
The Reserve at White River
2774 Pixel RdIndianapolis, IN 46222
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Built in 20171 to 2 Bedroom Apartments
Overlook at the Fairgrounds
1720 E 38th StIndianapolis, IN 46218
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Built in 20181 to 2 Bedroom Apartments
Sunstone at Arlington Woods
5620 E 30th StIndianapolis, IN 46218
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Built in 20221 to 2 Bedroom Apartments
Parkside At Tarkington
3901 N Meridian StIndianapolis, IN 46208
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$2,350 - $3,625Built in 20233 Bedroom Apartments Available Now
Wynne Farms Townhomes
2985 Townsend DrBrownsburg, IN 46112
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$2,225 - $2,450Built in 20233 Bedroom Apartments Available Now
Casey Corner Townhomes
17995 Cunning CtWestfield, IN 46074
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$2,125 - $2,450Built in 20232 to 3 Bedroom Apartments Available Now
Westhaven at Avon
8483 E County Road 200Avon, IN 46123
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 | $1,161 | $595 | $5,274 |
| Indianapolis 1 Bedroom Apartments | $1,370 | $495 | $4,395 |
| Indianapolis 2 Bedroom Apartments | $1,645 | $563 | $5,706 |
| Indianapolis 3 Bedroom Apartments | $2,018 | $925 | $8,663 |
| Indianapolis 4 Bedroom Apartments | $1,653 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $20,351 | $9,110 | $10,000+ |
Explore Indianapolis
Let everyone know!
Do you know the Indianapolis area?
If you’re an expert on all things Indianapolis, tell us what you love (and don't) by rating it and writing a review.
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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
Do you know the Indianapolis area?
Let everyone know!
Write a ReviewWendy • 3+ years in Indianapolis
August 10, 2025One of Indiana's most beautiful cities!
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 Line Lofts listed at $563.
How much is the average rent for a New Indianapolis Apartment?
The average rent for a New Apartment in Indianapolis is $1,884.
What is the largest New Indianapolis Apartment for rent?
Today's New apartment with the most square footage in Indianapolis is a 2,300 square feet unit starting from $1,249 at Quarry at River North.
What is the average size for Indianapolis New Apartments for rent?
The average size for a New rental in Indianapolis is currently at 656 sq ft.
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!