
Homes for Rent in Indianapolis, IN Under $2,500 (1,238 Rentals) Page 2 of 25


3532 Caroline Ave

10440 Wintergreen Way

10463 Hunters Crossing Blvd

4744 Altar Ct

6024 Hillside Ave E Dr

10703 Regis Ct

423 E Michigan St, Unit SI ID1026478P

10567 Secretariat Dr

50 N Illinois St, Unit SI ID1014588P
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

12338 Teacup Way

3903 Winthrop Ave

9225 Concert Way

429 N Pennsylvania St

3035 Guilford Ave

1523 S East St

2125 Coretta Way

11818 Moorfield Ln

10348 Hunters Crossing Blvd

11818 Moorfield Ln

6116 Buck Blvd

2611 N Delaware St

10483 Day Star Dr

423 E Michigan St, Unit SI ID1032105P

5036 E 76th St Ct

8039 Bach Dr

5015 Sylvan Rd

5555 Wild Horse Dr

5532 Floating Leaf Dr

4061 Central Ave

6032 Pennyworth Cir

4031 Pittman Pl

1045 Orange St

238 Eastern Ave

1045 Orange St

405 Keystone Ave

1063 Hosbrook St

1118 E St Clair St

1728 N Delaware St

2925 Bolton Square Blvd

11714 Cotterill Wy

8355 Burket Way

5896 Monticello Square Ln

Wide Open Spaces - 3 Bedroom 2.5 Bath Townhome on the South side of Indy. Home built in 2020.

517 E 23rd St

4930 N Illinois St

3002 S Rybolt Ave

2709 N College Ave

1235 Kappes St

8450 Ash Grove Dr
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 | $1,453 | $725 | $4,000 |
| Indianapolis 3 Bedroom Homes for Rent | $1,867 | $750 | $5,000 |
| Indianapolis 4 Bedroom Homes for Rent | $2,267 | $1,195 | $4,500 |
| Indianapolis 5 Bedroom Homes for Rent | $3,319 | $1,400 | $9,000 |
| Indianapolis 6 Bedroom Homes for Rent | $5,166 | $2,500 | $8,000 |
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 1701 Apartments for Rent in Indianapolis, IN with pricing that ranges from $495 to $14,540. There are also 1433 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indianapolis ranging from $320 to $9,000.
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 $9,000 with an average monthly rent of $2,277.
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 $8,332, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,195 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

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.

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.