
Homes for Rent in Indianapolis, IN Under $1,500 (381 Rentals) Page 3 of 8


3730 Carson Ave

241 S Temple Ave

2905 Dietz St

3658 Marseille Rd

3338 Tara Ln

55 S Harding St, Unit 210, Unit 210

1364 S Talbott St

538 W 29th St

3413 N Capitol Ave

1918 W Washington St, Unit 10

3440 N Harding St

3413 N Capitol Ave

1364 S Talbott St

3139 Guilford Ave

2031 Southeastern Ave

4314 Bertrand Rd

3139 Guilford Ave

3107 N Fuller Dr

1933 Dequincy St

420 Eastern Ave

953 N Linwood Ave

704 Sanders St

25 N Drexel Ave

418 Eastern Ave

3918 N Webster Ave

528 S Bosart Ave

6302 Rucker Rd

1408 Broadway St, Unit D

6262 E 24th St

5169 Caroline Ave

6302 Rucker Rd, Unit 6302-B, Unit 6302-B

1202 Hoefgen St, Unit 1202, Unit 1202

10540 E 25th St

1621 N Livingston Ave

3147 Keswick Rd

784 Woodruff Pl E Dr

14 N Euclid Ave

852 N Rural St

771 Haugh St

1315 W 34th St

55 S Harding St

321 E 31st St

1529 E Ohio St

944 E Minnesota St

1018 N Tuxedo St

1529 E Ohio St

944 E Minnesota St

3815 Biscayne Rd

608 Lasalle 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 | $1,474 | $725 | $3,800 |
| Indianapolis 3 Bedroom Homes for Rent | $1,884 | $750 | $6,000 |
| Indianapolis 4 Bedroom Homes for Rent | $2,342 | $1,295 | $10,000+ |
| Indianapolis 5 Bedroom Homes for Rent | $3,548 | $1,622 | $9,000 |
| 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 1705 Apartments for Rent in Indianapolis, IN with pricing that ranges from $200 to $14,783. There are also 1375 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indianapolis ranging from $320 to $10,000.
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 $10,000 with an average monthly rent of $2,312.
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 $8,289, 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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.