How much is rent in Indianapolis?

In Indianapolis, the average rent is $1,184+ for a studio, $1,281+ for a 1-bedroom, $1,479+ for a 2-bedroom, and $1,790+ for a 3-bedroom.* *Based on base prices that don’t include fees

How can I find a cheap apartment in Indianapolis?

You can filter cheap apartments in Indianapolis by price: under $1,000 , or search by apartments that are offering move-in specials .

How can I find a pet-friendly apartment in Indianapolis?

You can use the pet-friendly filter to find Indianapolis apartments that allow pets.

How much should I pay for rent in Indianapolis?

The answer to this question depends on your household income and a couple of other factors. You can use our Rent Calculator to figure out how much you should spend on rent in Indianapolis.

How can I find off-campus housing in Indianapolis?

You can use the off-campus housing filters to find apartments near colleges located in or around Indianapolis. Some of the colleges and universities in the area include Indiana University-Purdue University-Indianapolis , Ivy Tech Community College , Butler University , Marian University , University of Indianapolis , and Franklin College .

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Apartments for Rent in Indianapolis, IN

790 rentals available

The Lodge Apartments
$1,090
4816 Alsuda Dr, Indianapolis, IN 46205
(317) 707-6803
13 units available
1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Carport + more
Convenient Location
Charming community in a strategic location.
Experience the charm and convenience of The Lodge Apartments, nestled against the scenic Fall Creek banks. This community offers easy access to Indianapolis' finest amenities and top educational institutions. Residents adore its modern layouts and top-notch management.
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Waterstone Place Apartments
$883
2755 Merlin Lake Dr, Indianapolis, IN 46229
(317) 978-5968
14 units available
1 bed • 2 bed • 3 bed
Amenities
24hr laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Carport + more
Lush Serenity
Comfortable, dog-friendly apartments in scenic East Indianapolis.
Waterstone Place Apartments offers a serene lifestyle in the peaceful Warren area of East Indianapolis, with spacious, stylish homes. Residents enjoy nearby conveniences like restaurants and shops, and dogs are welcome. The modern amenities and responsive management team enhance the living experience in this lovely apartment community.
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Penrose On Mass
$1,146
530 Massachusetts Ave, Indianapolis, IN 46204
(317) 449-2961
17 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Pet friendly, 24hr maintenance, Garage, Gym, Pool + more
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The Edge
$1,349
1835 Edge Boulevard, Indianapolis, IN 46240
(830) 444-4091
Rent Savings
72 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, New construction, 24hr maintenance + more
Luxury Living
Premier apartment living in Indianapolis
The Edge Apartments offer an exceptional living experience in Indianapolis with elegant interiors and a variety of upscale amenities. Residents enjoy a pet-friendly environment with both dogs and cats welcome, along with convenient access to nearby parks and entertainment options. The community boasts impressive features like a state-of-the-art gym, a luxurious pool, and a clubhouse perfect for social gatherings.
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The Waverley
$1,311
140 Pope Street, Indianapolis, IN 46202
(317) 676-9719
14 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Pet friendly, Garage, Walk in closets, Gym, Pool + more
Luxurious Living
Upscale apartments in central Indianapolis location.
Discover a luxurious living experience at The Waverley Apartments. Nestled in Downtown Indianapolis, it offers upscale amenities like a pool with views, in-unit laundry, and a well-equipped gym. With both cats and dogs allowed, it's a welcoming home for pet owners.
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Meridian Lakes
$940
7344 Meridian Hills Ct, Indianapolis, IN 46260
(317) 350-8609
28 units available
1 bed • 2 bed
Amenities
W/D hookup, Patio / balcony, Pet friendly, 24hr maintenance, Carport, Gym + more
Scenic Retreat
Peaceful living near dynamic Indianapolis destinations.
Meridian Lakes offers a serene escape in desirable Meridian Hills, combining tranquility with easy access to Indianapolis hotspots. Recently renovated apartments feature modern comforts and scenic views, with amenities like a pool and gym enhancing the community experience. Residents highlight the friendly atmosphere and attentive management.
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Woods of Castleton
$1,145
8281 Clearvista Parkway, Indianapolis, IN 46256
(317) 961-6314
38 units available
1 bed • 2 bed
Amenities
W/D hookup, Patio / balcony, Granite counters, Pet friendly, Carport, Walk in closets + more
Amenity-Rich
Ideal living with amenities and responsive service.
The Woods of Castleton provides a vibrant living experience with unmatched amenities. Enjoy the luxury of a swimming pool, fitness center, and a dog park for pet owners. Residents love the courteous and prompt maintenance, ensuring their comfort and peace of mind.
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Block 20
$1,193
428 East Michigan Street, Indianapolis, IN 46204
(317) 707-6750
19 units available
Studio • 2 bed
Amenities
Hardwood floors, Pet friendly, Garage, Walk in closets, Gym, Ceiling fan + more
Convenient Lifestyle
Prime Downtown location with modern amenities.
Block 20 boasts a prime Downtown Indianapolis location, offering unparalleled access to vibrant dining, shopping, and entertainment along Mass Ave. Residents enjoy modern apartments with up-to-date fixtures and amenities such as a rooftop lounge and garage. Plus, cats and dogs are welcome, making Block 20 a great place for pet lovers.
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Slate Run Lofts & Apartments
$950
9555 International Circle, Indianapolis, IN 46268
(317) 676-4738
9 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Pet friendly, Stainless steel, Walk in closets + more
Modern Living
Contemporary charm in Indianapolis' quiet locale.
Slate Run Lofts offer sophisticated living with modern interiors. Enjoy granite countertops, spacious walk-in closets, and the convenience of in-unit laundry. Located on Indy's northwest side, this community provides easy access to major highways and shopping centers.
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College Courts of Nora
$1,044
9301 Yale Drive, Indianapolis, IN 46240
(317) 659-6551
37 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, 24hr maintenance, Garage, Recently renovated, Walk in closets + more
Modern Comfort
Spacious living with modern amenities in Nora.
College Courts of Nora offers spacious, well-maintained apartments with modern amenities including in-unit laundry, a 24-hour gym, and a pool. Residents love the community's friendly staff and efficient maintenance team. Located in a peaceful neighborhood with convenient access to shopping and dining, it's an ideal place to call home.
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North Willow
$1,379
1844 Pemberton Ln, Indianapolis, IN 46260
(317) 751-2633
16 units available
2 bed
Amenities
On-site laundry, Patio / balcony, 24hr maintenance, Carport, Walk in closets, Gym + more
Spacious Living
Prime location near shopping and entertainment in Indianapolis.
North Willow is nestled in a highly desirable Indianapolis location. Just across from St. Vincent Hospital, it's surrounded by premier shopping, dining, and entertainment. The community offers oversized apartments with unique design features and beautifully landscaped grounds.
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Creek Bay at Meridian Woods
$1,140
6650 Creek Bay Drive, Indianapolis, IN 46217
(317) 961-2433
42 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Pet friendly, Garage, Gym + more
Modern Comforts
Exceptional amenities and convenient location near shopping.
Creek Bay at Meridian Woods offers luxurious living with modern interiors and convenient amenities. Residents love the fully equipped kitchens and in-unit laundry. The community's location ensures quick access to Greenwood Park Mall for shopping and dining experiences, enhancing everyday convenience.
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Waterside at Castleton
$1,065
8380 Whipporwill Dr, Indianapolis, IN 46256
(317) 434-1588
65 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Pet friendly, Carport, Walk in closets + more
Resort Amenities
Outstanding amenities and dedicated resident services.
Waterside at Castleton offers exceptional amenities including a gym, pool, and dog park. Residents value the caring staff and quick maintenance service, creating a welcoming and home-like atmosphere. Recent improvements in infrastructure and security add to the comfort and satisfaction of long-term residents.
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Broad Ripple Flats
$1,176
6018 North College Avenue, Indianapolis, IN 46220
(888) 681-8283
5 units available
2 bed
Amenities
In unit laundry, Hardwood floors, Dishwasher, Cats allowed, 24hr maintenance, Carport + more
Vibrant Locale
Experience Broad Ripple's unparalleled walkability and community vibe.
Broad Ripple Flats offers a vibrant setting in Indianapolis with easy access to local eateries, shops, and the scenic Monon Trail. Residents enjoy a sense of community with numerous festivals and events, making the neighborhood lively and engaging year-round. Cats are allowed in this recently renovated and amenity-rich property, providing both comfort and convenience.
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South Haven Village Apartments
$1,400
1542 Citrin Pl, Indianapolis, IN 46227
(888) 865-7913
4 units available
2 bed • 3 bed
Amenities
W/D hookup, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Renovated Luxury
Spacious apartments with convenient shopping access
South Haven Village Apartments offers spacious residences with attached garages that feel more like homes. Within minutes of Greenwood Mall and I-465, residents enjoy easy commutes and convenient shopping. The community is pet friendly, providing a warm and inviting atmosphere for both pets and owners.
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4.5
The Cedars Apartment Homes
$779
3417 North Rybolt Avenue, Indianapolis, IN 46222
(317) 240-8812
Top rated for Amenities
“Management are always very helpful, Rosa is the best! And I just love the location. Maintenance service a plus. I feel at home 😊”
5 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Parking + more
Peaceful Living
Tranquil spaces in a cost-effective price range.
Cedars Apartments offers a peaceful and quiet living environment, praised by residents for its tranquility and friendly community. Located in Eagledale, Indianapolis, this pet-friendly oasis provides fantastic value, priced significantly below the metro average. Enjoy the convenience of nearby amenities with numerous restaurants, grocery stores, and parks within a short walk.
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The average rent for a 1 bedroom apartment in Indianapolis is $1,281+, while the average rent for a 2 bedroom apartment is $1,479+. Rent rates updated 4 days ago

Studio: $1,184+Trending up
1 Bed: $1,281+Trending up
2 Beds: $1,479+Trending up
3+ Beds: $1,790+Trending up

* Averages are based on the rental prices of properties listed on Apartment List that don’t include fees

Top neighborhoods in Indianapolis

Near Eastside
View 96 listings
What it’s like to live in Near Eastside
Artists and urban pioneers find their community in Near Eastside Indianapolis, where historic homes and converted industrial spaces offer architectural character at surprisingly accessible price points. The neighborhood's renaissance continues through creative initiatives including community murals and popup markets showcasing local makers. Unlike gentrified areas, you'll find authentic diversity and grassroots community organizations working toward inclusive development. Many properties feature unexpected architectural details from leaded glass windows to built-in bookshelves unavailable in contemporary construction. When seeking urban agriculture connections, the neighborhood's community gardens offer growing space for apartment dwellers, with several plots specifically reserved for rental residents.
Great for
Families
Retirees
Professionals
Young Renters
Commuters
Neighborhood vibe
Mixed-Use
Peaceful
Mixed-Use & Commercial
View 96 listings
Eastside
View 43 listings
What it’s like to live in Eastside
Industrial revival thrives in converted factories near Massachusetts Avenue's art galleries. Renters love exposed brick aesthetics but note sparse AC units struggling during humid Midwest summers.
Great for
Families
Retirees
Professionals
Young Renters
Commuters
Neighborhood vibe
Mixed-Use
Peaceful
Mixed-Use & Commercial
View 43 listings
Chapel Hill - Ben Davis
View 11 listings
What it’s like to live in Chapel Hill - Ben Davis
First-time renters discover exceptional value in Chapel Hill-Ben Davis, where garden apartments and modest homes offer significantly more space than downtown options. The neighborhood provides perfect positioning between downtown employment and airport access, creating reasonable commutes in multiple directions. Chapel Hill Park offers recreational facilities including sports fields and playground equipment, while the commercial district along Rockville Road includes practical amenities from grocery stores to medical offices serving daily needs. The area's affordability comes with corresponding trade-offs in architectural distinction and walkability, but the practical advantages of functional layouts and included parking create compelling benefits for budget-conscious renters. Most residents appreciate the neighborhood's unpretentious authenticity compared to trendier districts with their often inflated pricing.
Great for
Families
Retirees
Professionals
Young Renters
Commuters
Neighborhood vibe
Mixed-Use
Peaceful
Mixed-Use & Commercial
View 11 listings

Neighborhoods

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Indianapolis Short-term Apartments (98)

Find an apartment for rent in Indianapolis, IN

Searching for an apartment for rent in Indianapolis, IN? Look no further! Apartment List will help you find a perfect apartment near you. There are 790 available rental units listed on Apartment List in Indianapolis. Click on listings to see photos, floorplans, amenities, prices and availability, and much more!

The average rent in Indianapolis is $1,184 for a studio, $1,281 for a one-bedroom apartment, and $1,479 for a two-bedroom apartment. If you are looking for a deal, keep an eye out for a red pulsing icon that indicates rent specials.

Tired of browsing? Take our personalized quiz. You’ll answer a couple of simple questions and we’ll put together a list of Indianapolis apartments that are best for you. We’ll also factor in your commute, budget, and preferred amenities. Looking for a pet-friendly rental, or an apartment with in-unit washer and dryer? No problem, we’ll provide you with apartments that match that criteria.

You can trust Apartment List to help you find your next Indianapolis, IN apartment rental! After all, everyone deserves a home they love.

Apartments for Rent in Indianapolis, IN

The Lodge Apartments

Waterstone Place Apartments

Penrose On Mass

The Edge

The Waverley

Meridian Lakes

Woods of Castleton

Block 20

Slate Run Lofts & Apartments

College Courts of Nora

North Willow

Creek Bay at Meridian Woods

Waterside at Castleton

Broad Ripple Flats

South Haven Village Apartments

The Cedars Apartment Homes

Average rent in Indianapolis, Indiana

Top neighborhoods in Indianapolis

Near Eastside

What it’s like to live in Near Eastside

Great for

Neighborhood vibe

Eastside

What it’s like to live in Eastside

Great for

Neighborhood vibe

Chapel Hill - Ben Davis

What it’s like to live in Chapel Hill - Ben Davis

Great for

Neighborhood vibe

More Rental Options

Find an apartment for rent in Indianapolis, IN

Frequently Asked Questions (FAQs)