
Apartments for Rent in Indianapolis, IN Under $5,000 (1,568 Rentals) Page 28 of 32


12951 Brookhaven Dr

911 Nicole Way

2473 Foxtail Dr

10892 Mossy Rock Dr

1301 Old Heritage Place

5780 W Port Dr

3214 S Dendle Dr

12336 Tuckaway Ct

2361 S Wildflower Ln

1391 Bearsden Dr

13939 Boulder Canyon Dr

10055 Three Star Ct

9919 Orange Blossom Trail

7031 Laredo Dr

13912 Meadow Lake Dr

13781 N Rising Sun Cir E

10883 Ashwood Dr

1237 Silver Ridge Ln

10351 Lee Stewart Ln

10395 Butler Dr

10305 Kings Gap Way

3526 Firethorn Drive

1886 Fountain Cir

989 Bentgrass Dr

8193 Tasman Dr

7827 Red Sunset Way

9778 Rhodes Ln

6403 Pemboke Ct

12134 Carriage Stone Dr

2822 Armaugh Dr

2950 Hearthside Dr

8588 N Springview Dr

4618 W Otway Ln

1276 Ivory Ct

7228 Village Oaks Dr

1929 Morning Light Ln

1545 Old Thicket Ct

14182 Calming Waters

13815 Zion Ct

14470 Forsythia Ln

749 Morgan Way

11256 Harrington Ln

1404 Round Lake Rd

13830 N Tiosa Ln

13777 N Rising Sun Cir E

8729 N Autumnview Dr

738 Rosea Ct

41 Knoll Ln

11706 Rush 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 | $1,270 | $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 | $2,118 | $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 $1,270.
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 437 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.