
Homes for Rent in Indianapolis, IN Under $1,500 (371 Rentals) Page 7 of 8


4919 Orion Ave

3058 Brookside Pkwy N Dr, Unit 3058 Brookside Parkway N.

471 N State Ave

821 N Bradley Ave

6149 Commodore Dr

1442-1444 S Richland St

5143 Washington St

6119 Nimitz Dr

3146 Asbury St

970 Edgemont Ave

1512 N Gladstone Ave

1038 N Tuxedo St

833 N Gladstone Ave

336 Prospect St

2316 Indianapolis Ave

1306 N Chester Ave

8056 Pebble Creek Ct

423 Villa Ave

224 N Tacoma Ave

1327 N Chester Ave

2238 Admiral Dr

4537 Fletcher Ave

628 N Oxford St

2103 Ringgold Ave

2010 E 25th St

4720 Munter Ln

2831 N Kenwood Ave

39 N Forest Ave

528 E Raymond St

1036 N Tuxedo St

263 S Chester Ave

3014 W 10th St, Unit 1

3165 Station St, Unit B

2211 E New York St, Unit B

2826 S Pennsylvania St

1518 N Chester Ave

1250 N Colorado Ave

1538 N Grant Ave

1106 N Gale St

415 N Oxford St

5013 N Kitley Ave

4985 N Franklin Rd, Unit 1

320 N Sherman Dr

1131 N Rural St

6115 Redcoach Ln

1043 N Holmes Ave

701 W Hanna Ave

8149 Trevellian Way

3321 Eastwind Ct
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 | $1,490 | $700 | $2,950 |
| Indianapolis 3 Bedroom Homes for Rent | $1,880 | $800 | $6,000 |
| Indianapolis 4 Bedroom Homes for Rent | $2,382 | $1,295 | $6,800 |
| Indianapolis 5 Bedroom Homes for Rent | $3,627 | $1,720 | $9,500 |
| Indianapolis 6 Bedroom Homes for Rent | $5,361 | $1,450 | $10,000+ |
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 1747 Apartments for Rent in Indianapolis, IN with pricing that ranges from $544 to $14,189. There are also 1352 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indianapolis ranging from $315 to $15,000.
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 $315 to $15,000 with an average monthly rent of $2,184.
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 $9,756, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.