
Cheap Homes for Rent in Indianapolis, IN from $300 (381 Rentals) Page 6 of 8
Search the lowest-cost Homes available for rent right now in Indianapolis.


4931 Karen Dr

4741 N Longworth Ave

1643 Columbia Ave

3259 Carrollton Ave

724 E Pleasant Run Parkway North Dr

2523 E 18th St

4014 Red Bird Dr

6721 Riverfront Ave, Unit Studio

2406 Indianapolis Ave

8161 Schoen Dr

8161 Schoen Dr

805 Berkley Rd

3357 Ashley Ln

8392 Punto Alto Dr

9143 E 34th St

3929 Roundwood Dr

1348 S Belmont Ave

3249 N Kenwood Ave

136 N Belmont Ave

Great Location - 3 Bedrooms

1413 Marlowe Ave

614 N Colorado Ave

1619 S Randolph St

136 S Webster Ave

601 N Oxford St

3715 N Meridian St

3248 Central Ave

3449 Boulevard Pl

501 Madison Ave

4850 Hillside Ave

Furnished Studio-Indianapolis - Plainfield

10308 Caribou Ct

6530 Lupine Terrace

4927 W Southern Ave

3518 N Layman Ave

4159 N Ridgeview Dr

1622 N Rural St

3539 Prospect St

3444 N Parker Ave

3446 N Parker Ave

1228 W 18th St

7458 Countrybrook Dr

4847 Mt Vernon Dr

1525 N Olney St

2956 Ruckle St

1049 S Sheffield Ave

118 N State Ave

2522 E 16th St
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 | $1,412 | $745 | $3,800 |
| Indianapolis 3 Bedroom Homes for Rent | $1,786 | $900 | $3,985 |
| Indianapolis 4 Bedroom Homes for Rent | $2,211 | $1,095 | $10,000+ |
| Indianapolis 5 Bedroom Homes for Rent | $2,786 | $1,550 | $7,900 |
| Indianapolis 6 Bedroom Homes for Rent | $3,296 | $2,040 | $6,000 |
| Indianapolis 7 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Top Homes for Rent in Indianapolis
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 1724 Apartments for Rent in Indianapolis, IN with pricing that ranges from $563 to $27,100. There are also 1868 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indianapolis ranging from $320 to $12,000.
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 $12,000 with an average monthly rent of $1,989.
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 $900 to $10,828, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $3,985. Four Bedroom Single-Family rentals are also available starting from $1,095 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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
