Homes for Rent in Indianapolis, IN Under $2,500 (1,581 Rentals)

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Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

property at 5121 Flame Way

$2,490

Total Monthly Price

Total Monthly Price

Base Rent
$2,479
Required Monthly Fees
$11

Total Monthly Price
$2,490

4 Bedroom, 2 Bath Rentals

Available Apr 13

5121 Flame Way

IndianapolisIN46254
property at 10483 Day Star Dr

$2,485

Total Monthly Price

Total Monthly Price

Base Rent
$2,474
Required Monthly Fees
$11

Total Monthly Price
$2,485

3 Bedroom, 2.5 Bath Rentals

Available Apr 13

10483 Day Star Dr

IndianapolisIN46234

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 8355 Burket Way

$2,449

Total Monthly Price

Total Monthly Price

Base Rent
$2,392
Required Monthly Fees
$57

Total Monthly Price
$2,449

4 Bedroom, 2 Bath Rentals

Available Apr 2

8355 Burket Way

IndianapolisIN46113
property at 5046 Bird Branch Dr

$2,410

Total Monthly Price

Total Monthly Price

Base Rent
$2,399
Required Monthly Fees
$11

Total Monthly Price
$2,410

3 Bedroom, 2.5 Bath Rentals

Available Apr 20

5046 Bird Branch Dr

IndianapolisIN46268
property at 5601 Skipping Stone Dr

$2,405

Total Monthly Price

Total Monthly Price

Base Rent
$2,405

Total Monthly Price
$2,405

3 Bedroom, 2.5 Bath Rentals

Available Now

5601 Skipping Stone Dr

IndianapolisIN46237

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

property at 10498 Wintergreen Way

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,389
Required Monthly Fees
$11

Total Monthly Price
$2,400

3 Bedroom, 2.5 Bath Rentals

Available Apr 20

10498 Wintergreen Way

IndianapolisIN46234
property at 10814 Albertson Dr

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,389
Required Monthly Fees
$11

Total Monthly Price
$2,400

4 Bedroom, 2.5 Bath Rentals

Available Apr 14

10814 Albertson Dr

IndianapolisIN46231
property at 8085 Lawrence Woods Blvd

$2,395

Total Monthly Price

Total Monthly Price

Base Rent
$2,384
Required Monthly Fees
$11

Total Monthly Price
$2,395

4 Bedroom, 2.5 Bath Rentals

Available Mar 6

8085 Lawrence Woods Blvd

IndianapolisIN46236

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

property at 2334 Layton Park Dr

$2,380

Total Monthly Price

Total Monthly Price

Base Rent
$2,369
Required Monthly Fees
$11

Total Monthly Price
$2,380

3 Bedroom, 2.5 Bath Rentals

Available Apr 21

2334 Layton Park Dr

IndianapolisIN46239
property at 6560 Hollingsworth Dr

$2,380

Total Monthly Price

Total Monthly Price

Base Rent
$2,369
Required Monthly Fees
$11

Total Monthly Price
$2,380

3 Bedroom, 2 Bath Rentals

Available Now

6560 Hollingsworth Dr

IndianapolisIN46268
property at 11419 Watts Bar Ct

$2,375

Total Monthly Price

Total Monthly Price

Base Rent
$2,364
Required Monthly Fees
$11

Total Monthly Price
$2,375

4 Bedroom, 2.5 Bath Rentals

Available Mar 17

11419 Watts Bar Ct

IndianapolisIN46229
property at 10758 Sedgegrass Dr

$2,370

Total Monthly Price

Total Monthly Price

Base Rent
$2,359
Required Monthly Fees
$11

Total Monthly Price
$2,370

4 Bedroom, 3 Bath Rentals

Available Apr 14

10758 Sedgegrass Dr

IndianapolisIN46235
property at 11333 Fairweather Pl

$2,360

Total Monthly Price

Total Monthly Price

Base Rent
$2,349
Required Monthly Fees
$11

Total Monthly Price
$2,360

4 Bedroom, 2.5 Bath Rentals

Available Mar 16

11333 Fairweather Pl

IndianapolisIN46229
property at 2006 Orchid Bloom Ln

$2,350

Total Monthly Price

Total Monthly Price

Base Rent
$2,339
Required Monthly Fees
$11

Total Monthly Price
$2,350

3 Bedroom, 2.5 Bath Rentals

Available Mar 31

2006 Orchid Bloom Ln

IndianapolisIN46231

Check Out Indianapolis’s Best Affordable Neighborhoods

Learn about Indianapolis and the best places to live with original content written by our Local Expert Wendy Melton

Indianapolis, IN Local Guide

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Indianapolis, IN Rentals by Map

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Indianapolis, IN Area Reviews

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Wendy3+ years in Indianapolis

August 10, 2025

One of Indiana's most beautiful cities!

Frequently Asked Questions about Indianapolis

What type of rentals are currently available in Indianapolis?

There are currently 1761 Apartments for Rent in Indianapolis, IN with pricing that ranges from $497 to $17,871. There are also 1831 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indianapolis ranging from $295 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 $295 to $15,000 with an average monthly rent of $1,768.

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 $795 to $9,966, while Three Bedroom Homes, Condos, and Townhomes for rent range from $945 to $15,000. Four Bedroom Single-Family rentals are also available starting from $1,230 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

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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.

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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.

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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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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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.

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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.

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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.