
Homes for Rent in Indianapolis, IN Under $1,500 (381 Rentals) Page 4 of 8


439 N Forest Ave

1424 N Denny St

1514 Ringgold Ave

1119 N Dearborn St

10166 Southeastern Ave

4320 E 30th St

2314 Union St

47 S Lasalle St

325 N Gladstone Ave

323 N Gladstone Ave

3201 Ralston Ave

5234 E 20th St

4002 Rookwood Ave, Unit 2, Unit 2

6536 Lupine Terrace

520 N Gladstone Ave

2159-2159 Bellefontaine St, Unit 2157

1117 N Tuxedo St

1119 N Tuxedo St

945 Fox Hill Dr

230 E 9th St, Unit 304, Unit 304

4206 N Whittier Pl

1227 W 29th St

350 S Oxford St

2644 Foltz St

2650 Kristen Dr

1402-1404 Charles St

10207 Penrith Dr

783 Woodruff Pl E Dr, Unit 783, Unit 783

2045 N Dearborn St

5109 W Raymond St

3962 Strathmore Dr

801 N Gladstone Ave

5005 Indianola Ave

1415 W Pruitt St

5005 Indianola Ave

1415 W Pruitt St

312 E 13th St

4622 E 30th St

525 N Belmont Ave

3706 N Kenwood Ave

3708 N Kenwood Ave

6012 Castleford Dr

3516 N Hawthorne Ln

4318 Spann Ave

3301 Mardenna Ave

3202 Ruckle St

3469 Graceland Ave

1620 Palmer St

822 N Bradley Ave
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.