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$689 - $1,369Studio to 3 Bedroom Apartments Available Now
The Stratford Apartments
3201 Watergate RdIndianapolis, IN 46224
Top Rated Apartments for Rent in Indianapolis, IN Under $700 (12 Rentals)
Apartments in Indianapolis with the best features, newest construction, and richest amenities.
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$660 - $1,150Studio to 2 Bedroom Apartments Available Now
Serenity Manor 55+ Independent Active Living
1123 N Edmondson AveIndianapolis, IN 46219
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$595 - $930Studio to 2 Bedroom Apartments Available Now
The Sheldrake Apartments
2258 N Meridian StIndianapolis, IN 46208
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$518 - $1,4501 to 2 Bedroom Apartments Available Now
1010 Central
1010 Central AveIndianapolis, IN 46202
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1 to 3 Bedroom Apartments
Remington on Rockville
7455 Rockleigh AveIndianapolis, IN 46214
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1 to 3 Bedroom Apartments
East Ridge
2302 N Ritter AveIndianapolis, IN 46218
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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1 to 2 Bedroom Apartments
The Historic Bauer
3720 N Meridian StIndianapolis, IN 46208
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1 to 3 Bedroom Apartments
Whispering Pines
4444 Mission DrIndianapolis, IN 46254
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1 to 2 Bedroom Apartments
Hampshire Court
2455 Rolls DrIndianapolis, IN 46268
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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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1 to 2 Bedroom Apartments
Arlington Terrace Apartments
5931 E 12th StIndianapolis, IN 46219
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Studio to 3 Bedroom Apartments
Shore Acres
1105 Westfield Ct WIndianapolis, IN 46240
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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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 | $1,224 | $590 | $5,869 |
| Indianapolis 1 Bedroom Apartments | $1,379 | $518 | $4,452 |
| Indianapolis 2 Bedroom Apartments | $1,665 | $545 | $8,266 |
| Indianapolis 3 Bedroom Apartments | $2,017 | $626 | $9,756 |
| Indianapolis 4 Bedroom Apartments | $2,188 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $9,082 | $1,300 | $10,000+ |
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Indianapolis, IN Local Guide
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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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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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Wendy • 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 525 Studio Apartments in Indianapolis with rent ranges from $545 to $5,869 with an average price of $2,721.
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 $4,452 with an average monthly rent of $1,379.
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 $8,266. Today's average rental price for Two Bedrooms here is $1,665.
How expensive are Indianapolis Three Bedroom Apartments?
There are currently 522 Three Bedroom Apartments listings available in Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $626 to $9,756 - averaging $2,017 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
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.
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.
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.
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
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
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.
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.
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.