
Apartments for Rent in Indianapolis, IN Under $4,900 (1,056 Rentals) Page 20 of 22


The Wren & The Windsor in Carmel City Center

The Brixton

The Barlow

Dublin Glen Apartments

St. Andrews

Mission Hills

LaCabreah Apartments

Willow Glen South

Auburn Place

Yorktowne Farms Community

Beech Tree Glen Apartments

Courts of Valle Vista

The Fairways at Valle Vista

Beech Meadow Apartments

Stafford Pointe

Polo Run Apartments

Somerset Place

Waterbury Apartments

Stanford Court

Total Monthly Price
5842 Leisure Ln, Unit SI ID1058531P

Total Monthly Price
5861 Royal Ln, Unit SI ID1058532P

Total Monthly Price
5890 Royal Ln, Unit SI ID1058530P

Total Monthly Price
5842 Leisure Ln, Unit SI ID1058533P

11150 Lantern Rd

Total Monthly Price
6063 Station Way, Unit SI ID1492766P

Total Monthly Price
2155 Shadowbrook Dr, Unit SI ID1228635P

Total Monthly Price
5825 Sunset Wy, Unit SI ID1228648P

7145 Purcell Dr, Unit SI ID1228599P

5828 New Hope Blvd

5825 Sunset Wy, Unit SI ID1228653P

652 E Main St, Unit 12

556 Dylan Dr

Furnished Studio-Indianapolis - Plainfield

857 N County Road 900

Woods of West Carmel

Carmel Center

129 Green Acre Dr, Unit 129

4610 Karen Dr

Furnished Studio-Indianapolis - Greenwood

4405 E 550 S

Carmel Woods

4618 McGuire Ct

8956 Brigadier Dr

68 N 7th Ave

Woodland Terrace

Woods at Countryside Crossing

Traditions at Reagan Park

Westhaven at Avon

North End 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 $4900 | $1,194 | $575 | $5,104 |
| Indianapolis 1 Bedroom Apartments Under $4900 | $1,386 | $544 | $4,071 |
| Indianapolis 2 Bedroom Apartments Under $4900 | $1,653 | $545 | $6,480 |
| Indianapolis 3 Bedroom Apartments Under $4900 | $2,042 | $626 | $8,588 |
| Indianapolis 4 Bedroom Apartments Under $4900 | $1,925 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $11,435 | $6,507 | $10,000+ |
Browse Top Apartments in Indianapolis
See all Apartments in IndianapolisExplore Indianapolis
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 524 Studio Apartments in Indianapolis with rent ranges from $575 to $5,104 with an average price of $1,194.
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 $544 to $4,071 with an average monthly rent of $1,386.
What does renting a Two Bedroom Apartment in Indianapolis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Indianapolis range from $545 to $6,480. Today's average rental price for Two Bedrooms here is $1,653.
How expensive are Indianapolis Three Bedroom Apartments?
There are currently 502 Three Bedroom Apartments listings available in Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $626 to $8,588 - averaging $2,042 for the location.
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.
Helpful Local Expert Guides

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.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.