
Homes for Rent in Indianapolis, IN Under $1,500 (445 Rentals) Page 8 of 9


1623 N Rural St

2522 Adams St

5905 Devington Rd

1344 S Belmont Ave

1531 N Grant Ave

2060 N Delaware St

1644 Dr Andrew J Brown Ave

2060 N Delaware St

6209 E 12th St

37 West St Clair Street

115 E 36th St

2910 E Brookside Ave

3047 Foltz St

5376 W 10th St

2339 Valley Creek W Ln

2805 Boulevard Pl

5143 Washington St

3308 Central Ave

1640 Asbury St

1011 Lasalle St

4114 E Washington St

413 N Oxford St

125 E 17th St

125 E 17th St

2211 E New York St

410 E 16th St

2722 N Olney St

5145 Mecca St

2248 N Leland Ave

2248 N Leland Ave

4 N Butler Ave

2007 E 38th St

1335 N Ewing St

1709.5 E Michigan St

1114 N Dearborn St

1846 E Brookside Ave

2866 N Dearborn St

2532 N Temple Ave

6005 Dickson Rd

8231 Bold Forbes Ct

1538 N Grant Ave

1540 N Grant Ave

263 S Chester Ave

1736 W Minnesota St

1434 N Denny St

1122 S Dearborn St

3609 E Vermont St

3611 E Vermont St

316.5 W 29th 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 |
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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.