
Homes for Rent in Indianapolis, IN Under $1,000 (129 Rentals) Page 2 of 3


3058 Brookside Pkwy N Dr, Unit 3058 Brookside Parkway N.

906 Laurel St

1531 N Grant Ave

1909 N Colorado Ave

1465 W 34th St

2511 Turner Ave

35#B Dequincy Street, 46201; #713375 - 713375

5624 Wynridge Ct, Unit C

471 N State 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.

6119 Nimitz Dr

2339 Valley Creek W Ln

515 N Oxford St

932 N Leland Ave

3286 Hovey St

1444 S Richland St

2318 E 36th St

3553 W Michigan St, Unit 3553

4804 E 34th St

2060 N Delaware St, Unit 6
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.

125 E 17th St, Unit 1

125 E 17th St

47 N Ewing St

3725 N Sherman Dr, Unit 7

970 Edgemont Ave

2909 E Brookside Ave

2060 N Delaware St, Unit 10

2827 E Brookside Ave

607 N Tibbs Ave

316 W 29th St

1306 N Chester Ave

5143 Washington St

4312 E Michigan St

4310 E Michigan St

2145 Singleton St

419 S Arlington Ave

2002 1/2 Shelby St

943 N Drexel Ave

833 N Gladstone Ave

2209 E New York St

2831 N Kenwood Ave

628 N Oxford St

4537 Fletcher Ave

3235 N Kenwood Ave

1111 Medford Ave

1702 W Michigan St

1702 W Michigan St, Unit 10

623 N Tibbs Ave

340 Prospect St

1038 N Tuxedo 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 | $1,445 | $595 | $3,800 |
| Indianapolis 3 Bedroom Homes for Rent | $1,871 | $500 | $4,500 |
| Indianapolis 4 Bedroom Homes for Rent | $2,300 | $1,195 | $5,500 |
| Indianapolis 5 Bedroom Homes for Rent | $3,022 | $1,540 | $8,500 |
| Indianapolis 6 Bedroom Homes for Rent | $3,081 | $2,495 | $4,250 |
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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 1774 Apartments for Rent in Indianapolis, IN with pricing that ranges from $518 to $14,232. There are also 1538 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indianapolis ranging from $295 to $8,500.
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 $295 to $8,500 with an average monthly rent of $1,837.
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 $799 to $9,205, while Three Bedroom Homes, Condos, and Townhomes for rent range from $500 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

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.

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.

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.

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.
Articles, How-To's, and Tips

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.