
Apartments for Rent in Indianapolis, IN Under $4,900 (1,056 Rentals) Page 8 of 22


Kingston Square Apartments

Broad Ripple Trails

Pine Glen

Priscilla on Pennsylvania

Garden Pointe Apartments

5700 Madison Apartments & Edgewood on Madison

Westbury Court

Cambridge Commons

1733 N. Meridian

Heathmoore - Indianapolis

Abbey Apartments - Affordable Senior Housing

Total Monthly Price
One Somerset

Spanish Oaks

Serenity Park Apartments

Eagle Creek Court

The Boardwalk at Westlake Apartments and Townhomes

Willowood East

Pinnacle West

Ashgrove Apartments

Indy Town Apartments

Franklin Studios

34 North Apartments

Maple Court Apartments - Where City Convenience Meets Neighborhood Charm!

Dogwood Glen

Maple Creek Village

King's Reserve College Park 55+ Active Living

Serenity Manor 55+ Independent Active Living

The Meridian North and South

Elmtree Park

Dunbar Court

Garfield Park Village

The Stratford Apartments

INDY FLATS

Volrath

Glenstone Studios

Meridian Towers

Vivio on Tenth

The Sheldrake Apartments

D&T Nest

The Villages at Mill Crossing

16 Park Apartments

Total Monthly Price
888 Massachusetts Ave, Unit SI ID1014221P

Total Monthly Price
421 E Market St, Unit SI ID1384021P

Total Monthly Price
1523 S East St, Unit SI ID1338299P

6155 N Rural St

Total Monthly Price
5144 Primrose Ave, Unit SI ID1303784P

Total Monthly Price
530 Massachusetts Ave, Unit SI ID1074003P

Total Monthly Price
530 Massachusetts Ave, Unit SI ID1073994P

1202 N New Jersey 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 $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+ |
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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.