
Apartments for Rent in the 46205 ZIP Code of Indianapolis, IN Under $1,500 (117 Rentals)


Historic Marcy Village

Total Monthly Price
2322 Guilford Ave, Unit A

3326 Ruckle St, Unit Rear Apartment

Total Monthly Price
The Delaware Apartments

The Meadows

Total Monthly Price
3229 Dr Andrew J Brown Ave, Unit 3229 Dr Andrew J Brown Av

Willow Brook

Harbour Pointe

The Domino
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.

4901 N Washington Blvd

The Meridian

The Pines at SoBro

Maple Court

Sherman Forest

809 E 52nd St

2619 Guilford Ave

906 42nd St

2901 N Talbott St

3110 Guilford 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.

2821 N New Jersey St

3139 Guilford Ave

5169 Caroline Ave

2640 Guilford Ave

3818 Central Ave

3513 N Pennsylvania St

3513 N Pennsylvania St

2623 Guilford Ave

5161 Caroline Ave

2956-2956 Central Ave
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.

3915 Hillside Ave

3632-3634 Birchwood Ave

4239 Crittenden Ave

4306 Norwaldo Ave

4256 Crittenden Ave

3141 N Park Ave

1829 E 49th St

115 E 36th St

3528 E Fall Creek Pkwy N Dr

3534 E Fall Creek Pkwy N Dr
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.

3609 Balsam Ave

Ashton Park

The Lodge Apartments

Hubbard Gardens

7 Pointe Apartments

Stetson Senior Apartments

Monon Station Apartments

Meier House Apartments

Point on Fall Creek I

Birchwood Place
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.
Indianapolis, IN Local Guide

How much does it cost to rent an apartment in 46205?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 46205 Studio Apartments | $1,120 | $590 | $1,467 |
| 46205 1 Bedroom Apartments | $1,245 | $520 | $1,863 |
| 46205 2 Bedroom Apartments | $1,318 | $545 | $6,254 |
| 46205 3 Bedroom Apartments | $1,511 | $626 | $5,352 |
| 46205 4 Bedroom Apartments | $1,152 | $1,090 | $2,455 |
Browse Apartments in the 46205 Zip Code of Indianapolis
Explore Indianapolis

Frequently Asked Questions about the 46205 ZIP Code
How much are Studio apartments in 46205?
There are currently 93 Studio Apartments in 46205 with rent ranges from $590 to $1,467 with an average price of $1,120.
What is the current price range for One Bedroom 46205 Apartments for rent?
Today's rental pricing for One Bedroom Apartments in 46205 ranges from $520 to $1,863 with an average monthly rent of $1,245.
What does renting a Two Bedroom Apartment in 46205 cost?
The monthly rent prices of Two Bedroom Apartments currently available in 46205 range from $545 to $6,254. Today's average rental price for Two Bedrooms here is $1,318.
How expensive are 46205 Three Bedroom Apartments?
There are currently 35 Three Bedroom Apartments listings available in 46205 on ApartmentHomeLiving.com. The pricing ranges from $626 to $5,352 - averaging $1,511 for the location.
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

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.