
Homes for Rent in Indianapolis, IN Under $1,500 (477 Rentals) Page 7 of 10


1524 E Legrande Ave

39 N Catherwood Ave

37 N Catherwood Ave

2746 Shelby St

1327 W 32nd St

4939 Katherine Dr

100 N Muessing St

3877 Strathmore Dr

2230 N Goodlet Ave

3854 S Sherman Dr

4006 Millersville Dr

264 N Holmes Ave

538 W 29th St

3821 Biscayne Rd

4326 Crittenden Ave

2733 Lasalle St

3829 Biscayne Rd

2616 E 17th St

822 N Bradley Ave

5801 W 25th St

1230 W 18th St

2862 Highland Pl

6011 W 25th St

228 N Tacoma Ave

6808 East 21st St

4124 E 11th St

3015 S Holt Rd

832 Waldemere Ave

1814 Calvin St

506 Woodruff Place Middle Dr, Unit 506.5

1119 Bacon St

1666 E Naomi St

538 W 29th St

2201 E New York St, Unit D

1314 W 26th St

35 N Bradley Ave

2201 E New York St

774 Dequincy St

3241 Guilford Ave

119 W 39th St

37 S Lynhurst Dr

537 E 11th St

2001 E 38th St

615 E Thompson Rd

143 W 35th St

6214 Eastridge Dr

3021 N Olney St

1801 W 10th St

3214 Hovey 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 | $1,429 | $795 | $3,750 |
| Indianapolis 3 Bedroom Homes for Rent | $1,871 | $850 | $10,000+ |
| Indianapolis 4 Bedroom Homes for Rent | $2,263 | $1,145 | $5,500 |
| Indianapolis 5 Bedroom Homes for Rent | $3,218 | $1,500 | $8,000 |
| Indianapolis 6 Bedroom Homes for Rent | $3,483 | $2,500 | $4,250 |
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 1820 Apartments for Rent in Indianapolis, IN with pricing that ranges from $513 to $23,499. There are also 1664 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indianapolis ranging from $300 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 $300 to $10,000 with an average monthly rent of $1,823.
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 $795 to $7,822, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $10,000. Four Bedroom Single-Family rentals are also available starting from $1,145 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

Welcome to Indy: A Local Expert's Guide to the City's Best Short-Term Rental Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I am the local expert for ApartmentHomeLiving.com in the Indianapolis area. Being born and raised in Indiana, I know the true meaning of Hoosier hospitality.

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.

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.

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.
Articles, How-To's, and Tips

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.