Apartments for Rent in Indianapolis, IN Under $600 (44 Rentals)

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727 Fairfield Ave
1 Bedroom Apartments

727 Fairfield Ave

727 Fairfield AveIndianapolis, IN 46205

Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

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VILLAGE AT FALL CREEK
Studio to 1 Bedroom Apartments

VILLAGE AT FALL CREEK

3520-3534 Fall Creek Parkway North DrIndianapolis, IN 46205
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Butler Place
Studio to 1 Bedroom Apartments

Butler Place

5230 E Washington StIndianapolis, IN 46219
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Hampshire Court
1 to 2 Bedroom Apartments

Hampshire Court

2455 Rolls DrIndianapolis, IN 46268
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Marblehead
Studio to 2 Bedroom Apartments

Marblehead

3310 N Meridian StIndianapolis, IN 46208
  • Utilities Included

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

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Emerson Place
1 to 3 Bedroom Apartments

Emerson Place

2110 Emerson Knoll PlIndianapolis, IN 46218
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THE COURTS OF MONON
Studio to 1 Bedroom Apartments

THE COURTS OF MONON

3605-3609 Balsam AveIndianapolis, IN 46205
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Parkside At Tarkington
1 to 2 Bedroom Apartments

Parkside At Tarkington

3901 N Meridian StIndianapolis, IN 46208
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Charmwood Terrace
Studio to 2 Bedroom Apartments

Charmwood Terrace

3419 N Pennsylvania StIndianapolis, IN 46205

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Fisher Apartments
Studio Apartments

Fisher Apartments

5125 W 10th StIndianapolis, IN 46224
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Addison Creek
1 to 4 Bedroom Apartments

Addison Creek

58 Port Ocall DrIndianapolis, IN 46224
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SUITES OF IRVINGTON
Studio to 2 Bedroom Apartments

SUITES OF IRVINGTON

5730 E Washington StIndianapolis, IN 46219
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Shore Acres
Studio to 3 Bedroom Apartments

Shore Acres

1105 Westfield Ct WIndianapolis, IN 46240
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Breeza 32 Apartments
1 to 2 Bedroom Apartments

Breeza 32 Apartments

622 Wooddale TerGreenwood, IN 46142
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Blackstone
1 to 2 Bedroom Apartments

Blackstone

611 N Meridian StGreenwood, IN 46143
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Arbor Manor
Studio to 3 Bedroom Apartments

Arbor Manor

212 Churchill DrMooresville, IN 46158
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Beacon Pointe Apartments
1 to 4 Bedroom Apartments

Beacon Pointe Apartments

1206 Beacon Pointe DrGreenwood, IN 46143
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Francis Apartments
1 to 2 Bedroom Apartments

Francis Apartments

1819 Main StBeech Grove, IN 46107
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Kinnley Court
1 to 2 Bedroom Apartments

Kinnley Court

3650 Clarks Creek RdPlainfield, IN 46168
Senior Living
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Check Out Indianapolis’s Best Affordable Neighborhoods

Learn about Indianapolis and the best places to live with original content written by our Local Expert Wendy Melton

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Main Street Commons
1 to 2 Bedroom Apartments

Main Street Commons

635 E Main StGreenwood, IN 46143
Senior Living
  • Utilities Included
Showing Results 1-44, Page 1 of 1

Indianapolis, IN Local Guide

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Indianapolis, IN Rentals by Map

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See the most popular apartments and homes in Indianapolis, IN

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Indianapolis, IN Area Reviews

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Wendy • 3+ years in Indianapolis

August 10, 2025

One of Indiana's most beautiful cities!

Frequently Asked Questions about Indianapolis

How much are Studio apartments in Indianapolis?

There are currently 525 Studio Apartments in Indianapolis with rent ranges from $575 to $5,300 with an average price of $1,218.

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 $518 to $4,100 with an average monthly rent of $1,371.

What does renting a Two Bedroom Apartment in Indianapolis cost?

The monthly rent prices of Two Bedroom Apartments currently available in Indianapolis range from $545 to $7,954. Today's average rental price for Two Bedrooms here is $1,657.

How expensive are Indianapolis Three Bedroom Apartments?

There are currently 529 Three Bedroom Apartments listings available in Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $626 to $9,351 - averaging $2,009 for the location.

Expert Rental Resources

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.

Helpful Local Expert Guides

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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.

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Written by: Wendy Melton

Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

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Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Written by: Wendy Melton

My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

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Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Written by: Wendy Melton

Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

Articles, How-To's, and Tips

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.