
5 Bedroom Homes for Rent in Indianapolis, IN (52 Rentals)


620 Berkley Rd

818 W 43rd St

1123 Olive St

1409 Linden St

3225 Abaca Ct

7413 Brayton Ct

24 N Euclid Ave

3236 N Capitol Ave

2012 Olive St
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.

5084 Emmert Dr

5933 Dollar Hide S Dr

1741 N Riley Ave

230 W 29th St

941 E Raymond St

4721 Rookwood Ave

116 Bennington Rd

906 Villa Ave

2025 Mansfield St

1235 Tecumseh St
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.

503 W 46th St

6241 Buck Blvd

1034 N Tacoma Ave

6337 Cardinal Ln

429 W 86th St

3768 E Carmel Dr

235 3rd Ave NE

3766 White Cliff Way

4796 W Mineral Ln

12587 Majestic Way
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.

8125 Lomas Pass

2332 S Carlota Dr

1044 Hazelwood Dr

3410 S Cordell Rd

2285 S Bingham Pl

4628 W Mineral Ln

14182 Moonlight Path

13820 N Cardonia Dr

770 Carolina Way

2835 Woods Edge Dr
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.

5508 Woods Pointe Dr

2407 Pne Vly Dr

411 Mari Way

12599 Majestic Way

5134 Golden Grv Dr

13800 Stanford Dr

14175 Charity Chase Cir

13668 Fossil Dr

15445 Hurst Rd

14414 Bishop Birch Pl
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
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 | $1,445 | $650 | $4,000 |
| Indianapolis 3 Bedroom Homes for Rent | $1,853 | $850 | $4,000 |
| Indianapolis 4 Bedroom Homes for Rent | $2,305 | $875 | $4,650 |
| Indianapolis 5 Bedroom Homes for Rent | $3,257 | $1,450 | $7,900 |
| Indianapolis 6 Bedroom Homes for Rent | $3,122 | $1,850 | $4,500 |
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Indianapolis, IN Local Guide
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleYour 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
Read ArticleQuick 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.
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
What type of rentals are currently available in Indianapolis?
There are currently 1704 Apartments for Rent in Indianapolis, IN with pricing that ranges from $497 to $16,267. There are also 1490 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indianapolis ranging from $320 to $7,900.
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 $7,900 with an average monthly rent of $1,868.
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 $870 to $8,552, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $4,000. Four Bedroom Single-Family rentals are also available starting from $875 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.
Articles, How-To's, and Tips

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.