
Homes for Rent in the 46201 ZIP Code of Indianapolis, IN Under $1,500 (95 Rentals)


43 N Randolph St

4522 E Washington St

416 N Hamilton Ave

717 N Grant Ave

4930 Elliott Ave

23 N Gray St

4630 Farrington Ave

Completely renovated 2BR/1BA single family home minutes from Downtown Indy!

931 N Beville Ave
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.

929 N Beville Ave

59 S Lasalle St

1111 N Dearborn St

1551 English

4931 Orion Ave

426 N Bradley Ave

447 N Beville Ave

1205 N Grant Ave

4522 E Washington St

3159 E Washington St
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.

852 N Rural St

2031 Southeastern Ave

1129-1131 Keystone Ave

47 S Lasalle St

25 N Drexel Ave

1320 N Beville Ave

22 N Euclid Ave

420 Eastern Ave

784 Woodruff Pl E Dr

1338 N Olney St
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.

608 Lasalle St

408 N Oakland Ave

1119 N Dearborn St

325 N Gladstone Ave

323 N Gladstone Ave

783 Woodruff Pl E Dr, Unit 783

447 N Sherman Dr

119 N Grant Ave

110 N Grant Ave

1119 N Tuxedo St
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.

431 N Oakland Ave

1117 N Tuxedo St

324 N Linwood Ave

2310 E 12th St

601 N Sherman Dr

614 N Colorado Ave

515 N Oxford St

2509 E 10th St

608 N Oakland Ave

846 N Bradley Ave
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

How much does it cost to rent an apartment in Indianapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 46201 2 Bedroom Homes for Rent | $1,255 | $515 | $3,583 |
| 46201 3 Bedroom Homes for Rent | $1,332 | $925 | $2,223 |
| 46201 4 Bedroom Homes for Rent | $5,457 | $770 | $10,145 |
Browse Homes for Rent in the 46201 Zip Code of Indianapolis
Explore Indianapolis
Frequently Asked Questions about the 46201 ZIP Code
How much are larger Three and Four Bedroom Rentals in 46201?
For those who are looking for larger living arrangements, Three Bedroom Apartments in 46201 range from $850 to $8,449, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $2,223. Four Bedroom Single-Family rentals are also available starting from $770 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.
Articles, How-To's, and Tips

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.

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.