
New Apartments for Rent in Indianapolis, IN Under $5,000 (177 Rentals) Page 3 of 4


North End Apartments

The Steadman Apartments of Carmel

The Woods of West Carmel

Sylo

The E - Elevated Living in Whitestown

Encore at Perry Crossing

Slate at Fishers District Luxury Villas & Townhomes

Gardens on Gateway Senior Apartments

The Seasons of Carmel

VER at Proscenium Apartments

Fishers Run Senior Apartments

The Grove

Signature at Carmel

Wilshaw

Satori Flats

Sunrise on the Monon

District South

River Place Flats

The Olivia

Nese Apartments

Aria Apartments of Zionsville

Alinium at Zionsville

The Hangar on Emerson Apartments

Muse Carmel

Echo Park at Perry Crossing

Mezz 42

Arlington Farms

Apex at Perry Crossing

Maverick Modern Apartments

Avant

The Ascent Apartments of Plainfield

Greenview

Flats At Stones Crossing

The Arbuckle

Riley Crossing at Gateway Park

The Flats at Fishers Marketplace

The State at Fishers Apartments

Grove Crossing

BroadAcre Apartments of McCordsville

Union Green

Pullman Pointe

Nickel Plate Station

McCord Square Apartments

Double Creek Flats Apartments

The Wren & The Windsor

Lavina

Regency Preserve

Residences on Ronald Reagan

The Barlow
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 | $1,261 | $595 | $9,740 |
Indianapolis 1 Bedroom Apartments | $1,399 | $597 | $4,072 |
Indianapolis 2 Bedroom Apartments | $1,665 | $695 | $5,803 |
Indianapolis 3 Bedroom Apartments | $2,030 | $1,015 | $10,000+ |
Indianapolis 4 Bedroom Apartments | $1,553 | $550 | $4,793 |
Indianapolis 5 Bedroom Apartments | $4,423 | $1,050 | $8,650 |
Explore 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.
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 Vivio on Tenth listed at $550.
How much is the average rent for a New Indianapolis Apartment?
The average rent for a New Apartment in Indianapolis is $1,946.
What is the largest New Indianapolis Apartment for rent?
Today's New apartment with the most square footage in Indianapolis is a 2,675 square feet unit starting from $1,569 at Slate at Fishers District Luxury Villas & Townhomes.
What is the average size for Indianapolis New Apartments for rent?
The average size for a New rental in Indianapolis is currently at 641 sq ft.
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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.