
Apartments for Rent in Indianapolis, IN Under $5,000 (1,562 Rentals) Page 17 of 32


651 N Oxford St

7104 Grandview Dr

11134 Steelwater Ct

2634 Westleigh Dr

1629 Composer Way

4921 May Ridge Ln

5837 Walsham Way

202 Fenster Dr

4110 Luxembourg Cir W

7207 Parklake Pl

4439 W 34th St

6733 Everbloom Ln

10870 Vanguard Ln

2242 Valley Creek Way

10327 Kensil St

6516 Alder Ct

5844 Sylvan Dr

4301 N Kitley Ave

1834 Rockford Rd

2011 Alabama St

1601 W Northgate St

2363 Rostock Ct

5344 Traditions Dr

3731 E Stop 11 Rd

5373 Padre Ln

4475 N Irwin Ave

145 Oleta Dr

6326 Kellum Dr

5805 Dollar Forge Dr

3131 Acoma Dr

2736 Redland Ln

6230 Long River Ln

6002 Gateway Dr

Large 3 Bedroom in Herron Morton 2200/Sq. Ft.

1218 S Biltmore Ave

5431 Dollar Forge Ct

8748 Woodpointe Cir

1733 Mutz Dr

4331 Bertrand Rd

4033 Arborcrest Dr

3731 Fetlock Dr

8838 E 15th St

Spacious 3 BR Ranch

3223 Southwest Dr

3501 N Eaton Ave

2611 Belmar Ave

8222 E 37th Pl

626 E 25th St

11026 Essen Ct
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 | $1,265 | $585 | $6,129 |
Indianapolis 1 Bedroom Apartments Under $5000 | $1,429 | $325 | $4,802 |
Indianapolis 2 Bedroom Apartments Under $5000 | $1,707 | $700 | $8,011 |
Indianapolis 3 Bedroom Apartments Under $5000 | $2,047 | $798 | $10,000+ |
Indianapolis 4 Bedroom Apartments Under $5000 | $2,114 | $550 | $4,850 |
Browse Top Apartments in Indianapolis
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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 255 Studio Apartments in Indianapolis with rent ranges from $585 to $6,129 with an average price of $1,265.
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 $325 to $4,802 with an average monthly rent of $1,429.
What does renting a Two Bedroom Apartment in Indianapolis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Indianapolis range from $700 to $8,011. Today's average rental price for Two Bedrooms here is $1,707.
How expensive are Indianapolis Three Bedroom Apartments?
There are currently 435 Three Bedroom Apartments listings available in Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $798 to $10,824 - averaging $2,047 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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.