
Homes for Rent in Indianapolis, IN Under $1,500 (470 Rentals)


3474 Birchwood Ave

4731 Grace St

4732 E 18th St

2034-B E Maryland St

10 N Randolph St

2249 Yandes St

1335 Central Ave

3634 N Kenwood Ave

5275 N College Ave

4660 E 39th St

3340 N Sherman Dr

5651 N Illinois St

6061 Evanston Ave

367 S Grand Ave

5838 Rosslyn Ave

3541 Grant Ave

8803 Balboa Ct

3659 Margaret Ave

6037 E 43rd St

6602 Lennington Dr

3131 E Minnesota St

2426 N Capitol Ave

4833 W Morris St

4023 N Elizabeth St

1321 Schleicher Ave

4921 Graceland Ave, Unit 4921 Graceland Ave

3504 E 10th St

2950 N Ritter Ave

5248 Bluff View Dr

8546 Palo Verde Terrace

5508 Winship Ct

2917 Ruckle St

2038 E Maryland St

1921 Cornell Ave

2356 Stuart St

5233 Traditions Rd

10856 Orchard Valley Way

1756 S Delaware St

1351 S Pershing Ave

1129-1131 Keystone Ave

164 W Arizona St

7601 Carlton Arms Dr

5301 E 19th Pl

1663 Nelson Ave

3452 Oliver Ave

7695 Harbour Is, Unit 7695 Harbour Isle
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 | $1,437 | $793 | $4,700 |
Indianapolis 3 Bedroom Homes for Rent | $1,888 | $900 | $4,950 |
Indianapolis 4 Bedroom Homes for Rent | $2,359 | $1,095 | $5,000 |
Indianapolis 5 Bedroom Homes for Rent | $3,363 | $1,445 | $10,000+ |
Indianapolis 6 Bedroom Homes for Rent | $3,745 | $2,180 | $5,500 |
Browse Top Homes for Rent in Indianapolis
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Quick Rent Budget Calculator
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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.
Frequently Asked Questions about Indianapolis
What type of rentals are currently available in Indianapolis?
There are currently 1636 Apartments for Rent in Indianapolis, IN with pricing that ranges from $550 to $11,670. There are also 1734 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indianapolis ranging from $355 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 $355 to $12,900 with an average monthly rent of $2,144.
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 $1,015 to $11,670, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $4,950. Four Bedroom Single-Family rentals are also available starting from $1,095 and Four Bedroom Apartments start at $550.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.