
Cheap 2 Bedroom Homes for Rent in Indianapolis, IN from $725 (113 Rentals) Page 2 of 3


1122 S Meridian St

3729 N Kenwood Ave

823 Iowa St

1637 Hoefgen St

723 Clarendon Pl

413 Samuel Moore Pkwy

3907 Hoyt Ave

1911 Wilcox St

1051 E Edwards Ave
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.

1824 N Riley Ave

1269 Farley Dr, Unit 1269

8218 E 50th St

86 N Holmes Ave

2949 Adams St

1347 Norfolk Cir

340 S Dearborn St

729 N Bosart Ave

729 N Bosart Ave

515 N Oxford 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.

2343 E Adams St

2341 E Adams St

614 N Colorado Ave

1228 W 18th St

1737 Terrace Ave

2036 Calhoun St

3202 Ruckle St

1407 S Alabama St

3469 Graceland Ave

1620 Palmer 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.

2310 E 12th St

409 Samuel Moore Pkwy

264 N Holmes Ave

1506 N Grant Ave

1112 N Rural St, Unit 1110 N Rural

3706 N Kenwood Ave

3708 N Kenwood Ave

6012 Castleford Dr

3125 Clover Dr

3125 Clover Dr
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

1409 S Alabama St

5005 Indianola Ave

5005 Indianola Ave

4002 Rookwood Ave, Unit Unit 2, Unit Unit 2

6536 Lupine Terrace

2650 Kristen Dr

10207 Penrith Dr

2159-2159 Bellefontaine St, Unit 2157

2644 Foltz St

945 Fox Hill Dr
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 | $1,468 | $725 | $3,800 |
| Indianapolis 3 Bedroom Homes for Rent | $1,862 | $750 | $4,500 |
| Indianapolis 4 Bedroom Homes for Rent | $2,332 | $1,195 | $10,000+ |
| Indianapolis 5 Bedroom Homes for Rent | $3,542 | $1,595 | $9,000 |
| Indianapolis 6 Bedroom Homes for Rent | $4,450 | $3,900 | $5,000 |
Explore Indianapolis
Indianapolis, IN Area Reviews
Wendy • 3+ years in Indianapolis
August 10, 2025One of Indiana's most beautiful cities!
Frequently Asked Questions about Indianapolis
What type of rentals are currently available in Indianapolis?
There are currently 1707 Apartments for Rent in Indianapolis, IN with pricing that ranges from $200 to $14,957. There are also 1433 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indianapolis ranging from $320 to $10,000.
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 $320 to $10,000 with an average monthly rent of $2,227.
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 $626 to $8,289, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,195 and Four Bedroom Apartments start at $600.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.