
Homes for Rent in Indianapolis, IN Under $1,500 (448 Rentals) Page 4 of 9


55 S Harding St

5169 Caroline Ave

431 N Oakland Ave

2159-2159 Bellefontaine St

2640 Guilford Ave

6821 Wildwood Ct

3818 Central Ave

3926 Malibu Dr

1117 Canterbury Ct

10166 Southeastern Ave

4134 N Grand Ave

3614 Donald Ave

3915 Hillside Ave

608 Lasalle St

1501 Union St

10231 Bayton Ct

1514 Ringgold Ave

2850 N Chester Ave

408 N Oakland Ave

1119 N Dearborn St

1019 Churchman Ave

5234 E 20th St

325 N Gladstone Ave

323 N Gladstone Ave

711 N Exeter Ave

2809 N Hawthorne Ln

2036 W Kessler Blvd N Dr

1840 W Maryland St

829 N Pennsylvania St

350 S Oxford St

945 Fox Hill Dr

110 N Grant Ave

701 Ferndale Ct, Unit 701 Ferndale Court

2178 White Ave

783 Woodruff Pl E Dr, Unit 783

1362 W Pruitt St

1350 W 32nd St

1227 W 29th St

1119 N Tuxedo St

1117 N Tuxedo St

447 N Sherman Dr

8709 Montery Rd

1058 W 31st St

119 N Grant Ave

3910 E 34th St

230 E 9th St

6301 Nimitz Dr

2623 Guilford Ave

1415 W Pruitt 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 | $1,445 | $650 | $4,000 |
| Indianapolis 3 Bedroom Homes for Rent | $1,853 | $850 | $4,000 |
| Indianapolis 4 Bedroom Homes for Rent | $2,305 | $875 | $4,650 |
| Indianapolis 5 Bedroom Homes for Rent | $3,257 | $1,450 | $7,900 |
| Indianapolis 6 Bedroom Homes for Rent | $3,122 | $1,850 | $4,500 |
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 1700 Apartments for Rent in Indianapolis, IN with pricing that ranges from $497 to $16,267. There are also 1504 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indianapolis ranging from $320 to $7,900.
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 $320 to $7,900 with an average monthly rent of $1,868.
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 $870 to $8,552, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $4,000. Four Bedroom Single-Family rentals are also available starting from $875 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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.