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Apartments for Rent in Indianapolis, IN Under $5,000 (1,082 Rentals) Page 17 of 22
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Studio to 1 Bedroom Apartments
VILLAGE AT FALL CREEK
3520-3534 Fall Creek Parkway North DrIndianapolis, IN 46205
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1 to 3 Bedroom Apartments
East Village at Avondale Meadows Apartments
3810 Cooper Square CtIndianapolis, IN 46205
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Studio to 2 Bedroom Apartments
Northside Flats Apartments
1503 N Pennsylvania StIndianapolis, IN 46202
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$2,350 - $3,6253 Bedroom Apartments Available Now
Wynne Farms Townhomes
2985 Townsend DrBrownsburg, IN 46112
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$2,350 - $2,4503 Bedroom Apartments Available Now
Westhaven at Avon
8483 E County Road 200Avon, IN 46123
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$2,225 - $2,4503 Bedroom Apartments Available Now
Casey Corner Townhomes
17995 Cunning CtWestfield, IN 46074
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Rent Specials
$2,150 - $2,412Studio to 2 Bedroom Apartments Available Now
Overture at Proscenium Apartments
1155 S Rangeline RdCarmel, IN 46032
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Rent Specials
$1,903 - $2,5072 Bedroom Apartments Available Now
Redwood Whitestown
5804 Hemlock DrWhitestown, IN 46075
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Rent Specials
$1,899 - $2,3762 Bedroom Apartments Available Now
Redwood Greenwood
5934 Redwood WayGreenwood, IN 46143
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$1,719 - $3,7671 to 3 Bedroom Apartments Available Now
The Railyard at Midtown
350-410 Monon BlvdCarmel, IN 46032
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$1,699 - $1,7991 to 3 Bedroom Apartments Available Now
Wentworth at WestClay Condominiums
12880 University CresCarmel, IN 46032
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Rent Specials
$1,695 - $2,5601 to 3 Bedroom Apartments Available Now
Trulo Homes Bridle Creek
3918 Blue Roan BlvdWhitestown, IN 46075
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Rent Specials
$1,642 - $2,8901 to 2 Bedroom Apartments Available Now
North End Apartments
525 North End DrCarmel, IN 46032
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Rent Specials
$1,635 - $3,0231 to 3 Bedroom Apartments Available Now
The Steadman Apartments of Carmel
11325 Springmill RdCarmel, IN 46032
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$1,619 - $2,5291 to 3 Bedroom Apartments Available Now
The Seasons of Carmel
9815 Seasons West DrCarmel, IN 46280
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Rent Specials
$1,614 - $2,6161 to 3 Bedroom Apartments Available Now
The Woods of West Carmel
11335 N Michigan RdZionsville, IN 46077
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$1,599 - $3,3991 to 3 Bedroom Apartments Available Now
Sylo
11550 Pittman Farms DrZionsville, IN 46077
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Rent Specials
$1,599 - $2,1991 to 3 Bedroom Apartments Available Now
The E - Elevated Living in Whitestown
5821 Elevated WayWhitestown, IN 46075
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 | $1,269 | $595 | $7,770 |
| Indianapolis 1 Bedroom Apartments Under $5000 | $1,396 | $597 | $4,072 |
| Indianapolis 2 Bedroom Apartments Under $5000 | $1,662 | $695 | $5,803 |
| Indianapolis 3 Bedroom Apartments Under $5000 | $2,054 | $1,015 | $10,000+ |
| Indianapolis 4 Bedroom Apartments Under $5000 | $1,608 | $550 | $4,720 |
| Indianapolis 5 Bedroom Apartments | $4,430 | $1,050 | $8,670 |
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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.
Indianapolis, IN Area Reviews
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Write a ReviewWendy • 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 254 Studio Apartments in Indianapolis with rent ranges from $595 to $7,770 with an average price of $1,269.
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 $1,396.
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 $1,662.
How expensive are Indianapolis Three Bedroom Apartments?
There are currently 438 Three Bedroom Apartments listings available in Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $1,015 to $11,089 - averaging $2,054 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.