
Homes for Rent in Indianapolis, IN Under $1,000 (105 Rentals) Page 2 of 3


1460 W 32nd St

410 E 16th St

833 N Gladstone Ave

3016 N New Jersey St

336 Prospect St

925 N Gladstone Ave

1308 N Chester Ave

1306 N Chester Ave

3623 Graceland Ave, Unit 3623 Graceland Ave
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

2211 E New York St, Unit B

1450 N Gladstone Ave

2722 N Olney St

2238 Admiral Dr

1114 N Dearborn St

1165 N Concord St

896 N Gladstone Ave

1450 N Gladstone Ave

1510 N Gladstone Ave

1036 N Tuxedo St

245 S Randolph St

927 N Chester Ave

4643 Rookwood Ave

3235 N Kenwood Ave

3554 N Washington Blvd, Unit 2

3014 W 10th St, Unit 2

3014 W 10th St

518 S State Ave

6005 Dickson Rd

2826 S Pennsylvania St

1540 N Grant Ave

1538 N Grant Ave

840 N Rural St

1755 W Morris St

415 N Oxford St

1106 N Gale St

3022-3024 English Ave

2142 S Garfield Dr

4985 N Franklin Rd, Unit 1

15 N Riley Ave

890 N Gladstone Ave

2932 N Dearborn St

2930 N Dearborn St

2932 N Dearborn St, Unit B

2930 N Dearborn St, Unit B

320 N Sherman Dr

1131 N Rural St

8027 N Richardt Ave

1043 N Holmes Ave

6115 Redcoach Ln
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 | $1,442 | $650 | $3,800 |
| Indianapolis 3 Bedroom Homes for Rent | $1,878 | $750 | $6,000 |
| Indianapolis 4 Bedroom Homes for Rent | $2,327 | $1,295 | $4,955 |
| Indianapolis 5 Bedroom Homes for Rent | $3,721 | $1,622 | $10,000+ |
| Indianapolis 6 Bedroom Homes for Rent | $5,000 | $5,000 | $5,000 |
Browse Top Homes for Rent in Indianapolis
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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 $495 to $14,794. There are also 1408 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indianapolis ranging from $320 to $12,900.
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 $12,900 with an average monthly rent of $2,309.
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 $9,886, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $6,000. Four Bedroom Single-Family rentals are also available starting from $1,295 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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.