
Homes for Rent in Indianapolis, IN Under $1,500 (405 Rentals) Page 8 of 9


1510 N Gladstone Ave

1036 N Tuxedo St

245 S Randolph St

927 N Chester Ave

4643 Rookwood Ave

3014 W 10th St, Unit 2

3014 W 10th St

2826 S Pennsylvania St

518 S State Ave

6005 Dickson Rd

1538 N Grant Ave

1540 N Grant Ave

415 N Oxford St

2142 S Garfield Dr

1106 N Gale St

4985 N Franklin Rd, Unit 1

890 N Gladstone Ave

15 N Riley Ave

2932 N Dearborn St

2932 N Dearborn St, Unit B

2930 N Dearborn St, Unit B

2930 N Dearborn St

117 E Palmer St

1755 W Morris St

320 N Sherman Dr

1131 N Rural St

1043 N Holmes Ave

8027 N Richardt Ave

6115 Redcoach Ln

3321 Eastwind Ct

8149 Trevellian Way

1060 Winton Ave, Unit 1062 Winton, Unit 1062 Winton

88 Keran Manor Ct

129 Green Acre Dr, Unit 129

741 N Rangeline Rd

410 N 20th Ave

812 W Smith Valley Rd

501 E Main St

670 Cleveland St

Furnished Studio-Indianapolis - Greenwood

4610 Karen Dr

93 S 5th Ave

3125 Clover Dr

3125 Clover Dr

409 Samuel Moore Pkwy

12840 University Crescent

1347 Norfolk Cir

413 Samuel Moore Pkwy

16148 Lavina Ln
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 | $1,474 | $725 | $3,800 |
| Indianapolis 3 Bedroom Homes for Rent | $1,884 | $750 | $6,000 |
| Indianapolis 4 Bedroom Homes for Rent | $2,342 | $1,295 | $10,000+ |
| Indianapolis 5 Bedroom Homes for Rent | $3,548 | $1,622 | $9,000 |
| Indianapolis 6 Bedroom Homes for Rent | $5,000 | $5,000 | $5,000 |
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 1704 Apartments for Rent in Indianapolis, IN with pricing that ranges from $200 to $14,783. There are also 1381 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indianapolis ranging from $320 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 $320 to $10,000 with an average monthly rent of $2,312.
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 $8,289, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.