
Homes for Rent in Indianapolis, IN Under $1,500 (477 Rentals) Page 9 of 10


2226 1/2 Fulton St

3308 Central Ave

1126 E Bradbury Ave

3238 N Ralston Ave

942 N Bradley Ave

103 E 9th St, Unit 32

1346 Burdsal Pkwy

47 N Ewing St

2911 E Brookside Ave

1464 N Gladstone Ave

1462 N Gladstone Ave

521 N Gladstone Ave

932 N Leland Ave

4814 E 10th St

4310 E Michigan St

4312 E Michigan St

3304 N Harding St

521 S Arlington Ave

1346 S Sheffield Ave

2831 N Kenwood Ave

3754 Baltimore Ave

238 N Beville Ave

2002 1/2 Shelby St

1306 N Chester Ave

3617 Brookside Pkwy S Dr

238.5 N Beville Ave

3507 N Pennsylvania St, Unit 2

4522 E Washington St, Unit 2ND FLOOR

3507 N Pennsylvania St

521 N Gladstone Ave, Unit B

1535 Kappes St

1533 Kappes St

1111 Medford Ave

1702 W Michigan St, Unit 10

614 N Moreland Ave

328 N Elder Ave

1444 S Richland St

2209 E New York St, Unit B

2201 E New York St, Unit B

3165 Station St, Unit B

2209 E New York St

1538 N Grant Ave

2930 N Dearborn St

320 N Sherman Dr

318 N Sherman Dr

1131 N Rural St

8027 N Richardt Ave

8149 Trevellian Way

701 W Hanna Ave
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 | $1,438 | $850 | $3,750 |
| Indianapolis 3 Bedroom Homes for Rent | $1,908 | $850 | $10,000+ |
| Indianapolis 4 Bedroom Homes for Rent | $2,268 | $1,045 | $5,500 |
| Indianapolis 5 Bedroom Homes for Rent | $3,156 | $1,500 | $7,900 |
| 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 1734 Apartments for Rent in Indianapolis, IN with pricing that ranges from $513 to $25,413. There are also 1486 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 $1,856.
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 $799 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 $1,045 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.