close
View Me
Rent Specials
$1,199Studio Apartments Available Now
Residence on Penn
2801 S Pennsylvania StIndianapolis, IN 46225
Studio Apartments for Rent in the University Heights Neighborhood of Indianapolis, IN (19 Rentals)
close
View Me
$919Studio Apartments Available Feb 3, 2026
Ninth Avenue Apartments
4651 Mimi DrIndianapolis, IN 46237
close
View Me
Rent Specials
$850 - $905Studio Apartments Available Now
Parc Bordeaux Apartments
3410 Rue ChanelIndianapolis, IN 46227
close
View Me
Contact Us For PricingStudio Apartments Contact Us For Availability
Cherry Glen
2760 Cherry Glen WayIndianapolis, IN 46227
524 E Raymond St
IndianapolisIN46203
close
View Me
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.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
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.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
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.
close
View Me
Showing Results 1-19, Page 1 of 1
University Heights, Indianapolis, IN Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in University Heights?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
University Heights Studio Apartments | $951 | $850 | $1,199 |
| University Heights 1 Bedroom Apartments | $1,000 | $775 | $1,499 |
| University Heights 2 Bedroom Apartments | $1,165 | $775 | $3,262 |
| University Heights 3 Bedroom Apartments | $1,441 | $1,090 | $2,200 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the University Heights Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
University Heights, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Largest Available University Heights Studio Apartments
The largest available Studio apartment unit in the University Heights area of Indianapolis, IN is found at Residence on Penn and is listed at 497 square feet priced from $1,199. Here is today’s list of the largest available 2 Bedroom units in the area:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Residence on Penn | 0BR/1.0BA | 497 Sq Ft | $1,199 |
| Parc Bordeaux Apartments | Studio | 400 Sq Ft | $850 |
| Spicewood | Studio | 288 Sq Ft | $849 |
Cheapest Available University Heights Studio Apartments
Currently the lowest priced Studio apartment unit University Heights of Indianapolis, IN is the Studio Model starting from $849 at Spicewood. The average price for all Studio apartments in University Heights is currently $951. Here is today’s list of the cheapest available Studio options in the area:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Spicewood | Studio | $849 |
| Parc Bordeaux Apartments | Studio | $850 |
| Residence on Penn | 0BR/1.0BA | $1,199 |
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.
Read Article
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.
Read ArticleCash 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.
Read ArticleYour 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
Read ArticleQuick 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.
Let everyone know!
Do you know the University Heights area?
If you’re an expert on all things University Heights, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including University Heights, Indianapolis, and the greater Indianapolis area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, pet-friendly features, family-friendly amenities, proximity to transit, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Studio University Heights Apartments
What is the Cheapest apartment in University Heights with Studio?
Currently the most affordable Studio in University Heights is at Spicewood listed at $849.
How much is the average rent for a Studio University Heights Apartment?
The average rent for a Studio Apartment in University Heights is $951.
What is the largest available Studio University Heights Apartment for rent?
Today's apartment with the most square footage in University Heights is a 497 square feet unit starting from $1,199 at Residence on Penn.
What is the average size for University Heights Studio Apartments for rent?
The average size for a Studio rental in University Heights is currently 500 sq ft.
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
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!