
Cheap 2 Bedroom Homes for Rent in Indianapolis, IN from $695 (129 Rentals)


630 N Parker Ave

442 N Bradley Ave

1230 N Belmont Ave

2246 N Leland Ave

212 S Emerson Ave

915 N Bosart Ave

1106 N Gale St

3554 N Washington Blvd
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.

628 Wooddale Terrace

2826 S Pennsylvania St

6264 Eastridge Dr

1948 Shelby St

4100 N Arlington Ave

6262 Eastridge Dr

1801 N Linwood Ave

2002 Shelby St
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.

5121 E Burgess Ave

3613 Clifton St

3 E Washington St

634 Wooddale Terrace

2948 Shelby St

6101 W 25th St

1604 E Legrande Ave

1702 E 25th St

615 E Thompson Rd

416 N Linwood Ave

3627 N Capitol Ave

3426 N Temple Ave

2106 Singleton St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

5915 Devington Rd

1959 N Ritter Ave

6050 Laurel Hall Dr

1130 N Oxford St

2007 Westview Dr

329 W 41st St

146 E 19th St
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

2519 Southeastern Ave

5123 E Burgess Ave

5956 Radnor Rd

4013 Kenneth Ave

11108 E Washington St

1730 N Colorado Ave

1134 Blaine Ave

1803 Westview Dr

1920 N Lesley Ave

2715 S Moreland Ave

2742 Shelby St

2811 N Hawthorne Ln

1521 N Tacoma Ave
Indianapolis, IN Local Guide

How much does it cost to rent a home in Indianapolis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Indianapolis 2 Bedroom Homes for Rent | $1,536 | $695 | $4,700 |
Indianapolis 3 Bedroom Homes for Rent | $1,894 | $899 | $6,200 |
Indianapolis 4 Bedroom Homes for Rent | $2,501 | $1,150 | $7,000 |
Indianapolis 5 Bedroom Homes for Rent | $2,706 | $1,445 | $4,250 |
Indianapolis 6 Bedroom Homes for Rent | $2,973 | $750 | $5,500 |
Indianapolis 7 Bedroom Homes for Rent | $5,900 | $5,900 | $5,900 |
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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.
Frequently Asked Questions about Indianapolis
What type of rentals are currently available in Indianapolis?
There are currently 1661 Apartments for Rent in Indianapolis, IN with pricing that ranges from $325 to $16,920. There are also 1492 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indianapolis ranging from $595 to $7,000.
What is the current price range for Rental Homes in Indianapolis?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Indianapolis ranges from $595 to $7,000 with an average monthly rent of $2,701.
How much are larger Three and Four Bedroom Rentals in Indianapolis?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Indianapolis range from $798 to $9,784, while Three Bedroom Homes, Condos, and Townhomes for rent range from $899 to $6,200. Four Bedroom Single-Family rentals are also available starting from $1,150 and Four Bedroom Apartments start at $600.
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 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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.