Apartments for Rent in Indianapolis, IN Under $5,000 (1,083 Rentals) Page 10 of 22

423 E Michigan St

928-934 Martin Luther King Jr St

2413 N Park Ave

530 Massachusetts Ave

520 E Washington St

977 Woodruff Pl E Dr

1653 N Delaware St

1061 W 33rd St

8850 River Bend Pkwy

8850 River Bend Pkwy

50 N Illinois St

5653 Valhalla Way

530 Massachusetts Ave

520 E Washington St

565 E 96th St

2931 N Capitol Ave

520 E Washington St

2956-2956 Central Ave

3729 Laurel Cherry Ln

224 W 28th St

102 S Elder Ave

1837 Prospect St

838-838 N Oxford St

7601 Carlton Arms Dr

7601 Carlton Arms Dr
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 $5000 | $1,262 | $595 | $9,740 |
Indianapolis 1 Bedroom Apartments Under $5000 | $1,400 | $597 | $4,072 |
Indianapolis 2 Bedroom Apartments Under $5000 | $1,666 | $695 | $5,803 |
Indianapolis 3 Bedroom Apartments Under $5000 | $2,030 | $1,015 | $10,000+ |
Indianapolis 4 Bedroom Apartments Under $5000 | $1,553 | $550 | $4,793 |
Indianapolis 5 Bedroom Apartments | $4,423 | $1,050 | $8,650 |
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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.
Frequently Asked Questions about Indianapolis
How much are Studio apartments in Indianapolis?
There are currently 252 Studio Apartments in Indianapolis with rent ranges from $595 to $9,740 with an average price of $1,262.
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 $597 to $4,072 with an average monthly rent of $1,400.
What does renting a Two Bedroom Apartment in Indianapolis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Indianapolis range from $695 to $5,803. Today's average rental price for Two Bedrooms here is $1,666.
How expensive are Indianapolis Three Bedroom Apartments?
There are currently 433 Three Bedroom Apartments listings available in Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $1,015 to $11,089 - averaging $2,030 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.

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.