
Homes for Rent in the University Heights Neighborhood of Indianapolis, IN Under $1,500 (27 Rentals)


2231 Union St

2337 Calhoun St

2018 Boyd Ave

910 Gilbert Ave

4825 Hyperion Ct
Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

2224 S Keystone Ave

4929 Mt Vernon Dr

1825 E Legrande Ave

2342 E Legrande Ave

2036 Calhoun St

2517 Villa Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

1524 E Legrande Ave

1013 E Legrande Ave

615 E Thompson Rd

3135 Wade St

1944 Shelby St

2527 Shelby St
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.

2002 1/2 Shelby St

2826 S Pennsylvania St

89 N 16th Ave

61 S 6th Ave, Unit 61 S 6th Ave

416 Ada Ln

53 N 5th Ave
University Heights - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

91 S 5th Ave

2121 Main St

84 S 6th Ave
University Heights, Indianapolis, IN Local Guide

How much does it cost to rent a home in University Heights?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Heights 2 Bedroom Homes for Rent | $1,242 | $899 | $1,800 |
| University Heights 3 Bedroom Homes for Rent | $1,499 | $800 | $1,960 |
| University Heights 4 Bedroom Homes for Rent | $1,657 | $1,450 | $1,900 |
Browse Homes for Rent in this Neighborhood
There are currently 27 rentals with your search options within a 2 mile radius of the University Heights Neighborhood of Indianapolis, IN.
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Frequently Asked Questions about University Heights
What type of rentals are currently available in University Heights?
There are currently 83 Apartments for Rent in University Heights, IN with pricing that ranges from $775 to $2,697. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Heights ranging from $700 to $1,960.
What is the current price range for Rental Homes in University Heights?
Today's rental pricing for Homes for Rent, Condos and Townhomes in University Heights ranges from $700 to $1,960 with an average monthly rent of $1,324.
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

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.

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.
Articles, How-To's, and Tips

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.