
Homes for Rent in Indianapolis, IN Under $1,500 (579 Rentals) Page 2 of 12


935 N Gibson Ave

3232 Wellington Ave

5101 Patricia St

1339 Wade St

1311 S Senate Ave

3050 Acoma Dr

6902 Echo Ln

10100 E 63rd St

4517 E 16th St

8283 Sobax Dr

7601 Carlton Arms Dr

8074 Hague Rd

819 W 43rd St

812 Coolee Ln

1226 Tecumseh St

6111 Allisonville Rd

6111 Allisonville Rd

6111 Allisonville Rd

5012 E 41st St

239 Legends Creek Way

906 42nd St

3622 Breen Dr

3755 N Wittfield St

1802 Sugar Grove Ave

2645 N College Ave

77 W Westfield Blvd

2645 N College Ave

5244 E 10th St

4026 Baker Dr

1837 E Legrande Ave

6111 Allisonville Rd

6111 Allisonville Rd

4929 Katherine Dr

3945 Central Ave

2038 E Maryland St

1021 Hervey St

3222 Tempe Dr

1129-1131 Keystone Ave

2910 Heatherlea Dr

311 Burke Ave

5226 Sweet River Way

5717 Simmul Ln

3337 Yuma Ct

403 N Hamilton Ave

3614 Donald Ave

248 N Walcott St

3620 N Gladstone Ave

8515 Georgiana 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 | $1,469 | $749 | $3,800 |
| Indianapolis 3 Bedroom Homes for Rent | $1,829 | $899 | $4,000 |
| Indianapolis 4 Bedroom Homes for Rent | $2,173 | $1,000 | $4,700 |
| Indianapolis 5 Bedroom Homes for Rent | $2,856 | $1,600 | $8,975 |
| Indianapolis 6 Bedroom Homes for Rent | $3,613 | $1,875 | $6,000 |
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 1710 Apartments for Rent in Indianapolis, IN with pricing that ranges from $563 to $10,657. There are also 2001 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indianapolis ranging from $310 to $8,975.
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 $310 to $8,975 with an average monthly rent of $1,863.
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 $999 to $8,315, while Three Bedroom Homes, Condos, and Townhomes for rent range from $899 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $600.
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.

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!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
