
Homes for Rent in Indianapolis, IN Under $1,500 (445 Rentals) Page 7 of 9


2522 N Harding St

1339 W Lee St

621 Tecumseh St

6203 E 11th St

3618 N Hawthorne Ln

1519 W 28th St

Furnished Studio-Indianapolis - Lawrence

1707 E Tabor St

832 S Pershing Ave

4210 Graceland Ave

6214 Eastridge Dr

5207 E 34th St

4256 Crittenden Ave

1626 Lawton Ave

6134 Nelson Pl

3513 Caroline Ave

2813 W 10th St

1829 E 49th St

1829 E 49th St

3601 Brookside Pkwy S Dr

3249 N Kenwood Ave

5134 E University Ave

1017 Laurel St

245 S Randolph St

2373 N Oxford St

4021 Clarendon Rd

6060 E 16th St

6060 E 16th St

6050 E 16th St

3502 Brouse Ave

1022 N Rural St

615 E Thompson Rd

2234 N Kitley Ave

2426 N Kitley Ave

820 N Oakland Ave

314 N Denny St

4913 E Michigan St

1329 N Gladstone Ave

802 N Bradley Ave

4023 Clarendon Rd

214 S Emerson Ave

10038 Hawkins Ct

3121 Eastern Ave

1918 W Washington St

3254 Guilford Ave

10301 Medallion Dr

824 Harlan St

8763 E 46th St

4305 Rockville Rd
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 |
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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 1704 Apartments for Rent in Indianapolis, IN with pricing that ranges from $497 to $16,267. There are also 1490 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.