
Homes for Rent in Indianapolis, IN Under $1,500 (587 Rentals) Page 4 of 12


7533 Placing Rd

2026 S State Ave

4137 Arcadia St

1037 N Parker Ave

2427 N Kenwood Ave

1009 E Raymond St

2425 N Kenwood Ave

3045 Skylar Ln

3179 N Kenwood Ave

133 S Sheridan Ave

2609 Baltimore Ave

1315 W 34th St

515 N Oxford St

5525 Roxbury Terrace

6120 E 24th St

2850 N Chester Ave

1437 Kappes St

4202 Carrollton Ave

3018 Alice Ave

4225 N Ritter Ave

1022 N Tuxedo St

3848 E Pleasant Run Parkway North Dr

2049 Alabama St

5041 W 13th St

55 S Harding St

101 N State Ave

101 N State Ave

5602 Culver St

3139 Guilford Ave

2923 Grassy Creek Dr

8209 E 37th Pl

2804 N Moreland Ave

6642 E 46th St

77 W Westfield Blvd

6012 Castleford Dr

2956-2956 Central Ave

Franklin Township Three Bedroom Ranch

2954 Ruckle St

2854 S Keystone Ave

7414 E 30th St

9045 E 18th St

2945 N Denny St

2028 Lexington Ave

5169 Caroline Ave

933 N Dearborn St

8515 Georgiana Ln

913 Massachusetts Ave

1411 N Belleview Pl

5344 Fletcher 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 | $1,406 | $745 | $3,800 |
| Indianapolis 3 Bedroom Homes for Rent | $1,782 | $900 | $3,985 |
| Indianapolis 4 Bedroom Homes for Rent | $2,219 | $1,095 | $10,000+ |
| Indianapolis 5 Bedroom Homes for Rent | $2,825 | $1,550 | $7,900 |
| Indianapolis 6 Bedroom Homes for Rent | $3,296 | $2,040 | $6,000 |
| Indianapolis 7 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Top Homes for Rent in Indianapolis
Explore Indianapolis
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 1721 Apartments for Rent in Indianapolis, IN with pricing that ranges from $563 to $26,878. There are also 1892 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indianapolis ranging from $320 to $12,000.
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 $12,000 with an average monthly rent of $2,149.
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 $900 to $11,046, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $3,985. Four Bedroom Single-Family rentals are also available starting from $1,095 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.
Articles, How-To's, and Tips

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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!