
Apartments for Rent in Indianapolis, IN Under $5,100 (1,635 Rentals) Page 9 of 33


747N N College Ave

423 E Michigan St

515 E Market St

8510 Westfield Blvd

8510 Westfield Blvd

8502 Westfield Blvd

8502 Westfield Blvd

520 E Washington St

450 E Market St

8510 Westfield Blvd

8510 Westfield Blvd

50 N Illinois St

50 N Illinois St

450 E Market St

8502 Westfield Blvd

450 E Market St

5858 N College Ave

530 Massachusetts Ave

423 E Michigan St

423 E Michigan St

530 Massachusetts Ave

50 N Illinois St

747N N College Ave

5858 N College Ave

5858 N College Ave

8502 Westfield Blvd

8510 Westfield Blvd

520 E Washington St

520 E Washington St

530 Massachusetts Ave

747N N College Ave

530 Massachusetts Ave

2752 Guilford Ave

2826 McPherson St

2752 Guilford Ave

2826 McPherson St

2205 N Delaware St

4714 Cameron Ridge 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 $5100 | $1,280 | $585 | $6,129 |
Indianapolis 1 Bedroom Apartments Under $5100 | $1,429 | $325 | $4,120 |
Indianapolis 2 Bedroom Apartments Under $5100 | $1,711 | $700 | $8,011 |
Indianapolis 3 Bedroom Apartments Under $5100 | $2,045 | $798 | $10,000+ |
Indianapolis 4 Bedroom Apartments Under $5100 | $2,117 | $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 253 Studio Apartments in Indianapolis with rent ranges from $585 to $6,129 with an average price of $1,280.
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 $4,120 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 $1,711.
How expensive are Indianapolis Three Bedroom Apartments?
There are currently 436 Three Bedroom Apartments listings available in Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $798 to $10,824 - averaging $2,045 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.