How expensive is it to rent a studio apartment in Indianapolis?

The average rent for a studio apartment in Indianapolis is $1,238 per month.

How much is rent for a one-bedroom apartment in Indianapolis?

One-bedroom apartment rentals in Indianapolis rent for $1,286 per month.

What is the typical rent for a two-bedroom apartments in Indianapolis?

The average rent for a two-bedroom apartment in Indianapolis is $1,489 per month.

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How many bedrooms do you need?

Apartments for Rent in Indianapolis, IN under $1,000

187 rentals available

1 of 21
4.5
Beechmill Apartments
8580 Beechmill Ln, Indianapolis, IN 46227
(443) 747-7055
$985+ moTotal price12-mo lease
Rent Savings
Top rated for Location
14 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Renovated Paradise
Luxury living in Indy with all the amenities you need.
Beechmill Apartments offers a luxurious lifestyle with newly renovated units featuring air conditioning, fireplaces, and private balconies with lake views. Residents love the community's tranquility, abundant greenery, and friendly neighbors. Located in Southport, you're conveniently close to shopping, dining, and entertainment, creating a perfect blend of relaxation and accessibility.
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Alpine Studios
5818 Flight School Drive, Indianapolis, IN 46221
(443) 747-7061
$892+ moTotal price12-mo lease
10 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Granite counters, Hardwood floors, Dishwasher, Pet friendly, New construction + more
Modern Comfort
Convenience and luxury in a prime location.
Alpine Studios offers modern, well-maintained facilities in Valley Mills, Indianapolis. Enjoy an active lifestyle with easy access to local amenities, schools, and parks—all within walking distance. The welcoming community and responsive management create a delightful living environment.
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TGM Avalon Lake
$999
6724 Greenshire Drive, Indianapolis, IN 46220
(972) 200-1636
Rent Savings
39 units available
1 bed • 2 bed • 3 bed
Amenities
On-site laundry, Patio / balcony, Dishwasher, Pet friendly, Carport, Recently renovated + more
Favorite Locale
Charming tranquility near city excitement.
TGM Avalon Lake is a favorite among residents for its tranquility and welcoming community vibe. Located in Indianapolis's Devonshire neighborhood, it combines the charm of a quiet area with proximity to downtown excitement. Families will appreciate the close proximity to quality schools, and pet owners will love the onsite dog park.
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Heathmoore
$790
5984 Heathmoore Dr, Indianapolis, IN 46237
(812) 203-2164
6 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Pet friendly, E-payments, Extra storage, Online portal + more
Pet Paradise
Cost-effective pet-friendly Indianapolis haven.
Discover Heathmoore Apartments, where cost-effective living meets pet paradise. Nestled in Indianapolis, enjoy spacious floor plans and pet-friendly amenities. Quick access to major highways simplifies commuting, and local parks and restaurants are just minutes away.
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Best market deals
These units are the best deal in town.
1131 N Rural Street E
Studio • 1 Bath • 1172 sqft
Base monthly rent
$500+
Available
Now
320 N Sherman Drive A
Studio • 1 Bath • 750 sqft
Base monthly rent
$525+
Available
Now
318 N Sherman Drive A
Studio • 1 Bath • 750 sqft
Base monthly rent
$525+
Available
Now
The Barton Center 809Sro
1 Bed • 1 Bath • 190 sqft
Base monthly rent
$581+
Available
Now
634 E 37th Street 4
2 Beds • 1 Bath • 8793 sqft
Base monthly rent
$625+
Available
Now
Dogwood Glen Apartments
$700
2390 Woodglen Dr, Indianapolis, IN 46260
(317) 279-6838
16 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Pet friendly, E-payments, Extra storage, Online portal + more
Cost-Effective Haven
Charming residence below metro average in Indianapolis.
Dogwood Glen Apartments in Indianapolis offers a welcoming community atmosphere enriched by friendly management and efficient maintenance. The spacious units with ample storage make it an ideal choice for comfortable living. Residents love the quiet environment with a private patio for relaxation and the convenience of onsite laundry and easy online rent payment.
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4.7
Southport at Buck Creek
$930
1451 E Southport Rd #5385, Indianapolis, IN 46227
(317) 406-4420
Top rated for Amenities
“The first time I visited this apartment complex, I loved the layout / design of the apartments. The space I have now is ideal for a person such as myself. The location is nice, because I am close to the destinations I spend majority of my time at on a regular basis. The leasing and maintenance staff are professional and polite. I am genuinely happier now that I live here as opposed to the last apartment location I previously resided at in the past.”
33 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Lifestyle Oasis
Impressive amenities and vibrant local amenities.
Experience an elevated lifestyle at Southport at Buck Creek, where spacious apartments and townhomes offer modern living with stylish upgrades. Residents love the convenient access to local shopping, dining, and entertainment options, enhancing their day-to-day life. Cats and dogs are welcome, adding to the community's charm.
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Reflections
$834
7999 Silverleaf Drive, Indianapolis, IN 46260
(507) 616-7747
Rent Savings
20 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Pet friendly, Parking, Recently renovated, Walk in closets + more
Ultimate Comfort
Premium living with unmatched convenience and features.
Reflections Apartments provide an unmatched living experience, offering spacious and well-maintained interiors. Residents enjoy the convenience of in-unit laundry, large closets, and a welcoming environment. The location offers easy access to shopping, dining, and public transportation.
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10 West
$984
7855 Cimarron Trail, Indianapolis, IN 46214
(507) 704-4262
Rent Savings
31 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, New construction + more
Pet Paradise
Ideal central location with pet-friendly amenities.
Welcome to 10 West, a haven in the heart of Indianapolis. This pet-friendly oasis offers residents a mix of comfort and convenience with its modern amenities. Residents enjoy the lovely outdoor spaces, including private balconies and a community pool, nestled in a peaceful neighborhood setting.
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Oakbrook Village
$949
6098 Georgetown Road, Indianapolis, IN 46254
(727) 474-1312
Rent Savings
40 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Outstanding Amenities
Great value near parks and top schools.
Oakbrook Village offers exquisite living with fully upgraded interiors and a remarkable recreational package, including fitness facilities and a coffee bar. Residents love the courteous staff and efficient maintenance team, contributing to the exceptional community experience. Positioned just minutes from I-465 and Eagle Creek Park, it's perfect for those seeking accessibility and natural beauty.
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Oasis
$984
4900 Edinborough Ln, Indianapolis, IN 46241
(507) 616-7745
Rent Savings
15 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Parking + more
Comprehensive Amenities
Features rich living in quiet Park Fletcher.
Oasis offers a remarkable living experience in Park Fletcher with spacious floor plans and a wealth of amenities. Residents love the in-unit laundry, balcony, and pet-friendly setup accommodating both dogs and cats. On-site amenities like a gym, pool, and basketball court further enhance the vibrant community lifestyle.
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Luxury apartments
Top units for an elevated lifestyle.
429 W 86th Street 5 Bed
5 Beds • 5 Baths • 3958 sqft
Base monthly rent
$8,500+
Available
Now
4242 Norwaldo Ave 3 Bed
3 Beds • 2 Baths • 1154 sqft
Base monthly rent
$6,000+
Available
Now
640 E 10th Street 4 Bed
4 Beds • 4 Baths • 2146 sqft
Base monthly rent
$4,750+
Available
Now
311 Jordan Road 0 Bed
Studio • 1 Bath • 3200 sqft
Base monthly rent
$3,500+
Available
Now
VITRA Apartments 1173
1 Bed • 1.5 Baths • 1400 sqft
Base monthly rent
$2,581+
Available
Now
Lincolnshire Apartments
$875
6221 N College Ave, Indianapolis, IN 46220
(854) 458-6294
2 units available
Studio
Amenities
On-site laundry, Hardwood floors, Pet friendly, 24hr maintenance, E-payments, Some paid utils + more
Historic Charm
Charming apartment with prime Broad Ripple location.
Lincolnshire Apartments embrace the historic charm of a bygone era. Situated in the lively Broad Ripple neighborhood, residents enjoy unparalleled access to trendy restaurants and exciting entertainment. The apartment's pet-friendly policy welcomes both cats and dogs, making it ideal for pet lovers.
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Monon Station Apartments
$975
4554 Winthrop Avenue, Indianapolis, IN 46205
(877) 698-2397
Rent Savings
4 units available
2 bed
Amenities
On-site laundry, Pet friendly, 24hr maintenance, Online portal, and Bathtub
Pet Haven
Spacious apartments with pet-friendly policies and great location.
Monon Station Apartments provides spacious studio and two-bedroom options. With both cats and dogs allowed without breed restrictions, you can enjoy a pet-friendly environment. The location is steps away from the vibrant dining and entertainment of Broad Ripple, plus the scenic Monon Trail for outdoor adventures.
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Monon Walk
$965
6115 Winthrop Avenue, Indianapolis, IN 46220
(218) 325-9678
Rent Savings
1 unit available
Studio
Amenities
In unit laundry, Hardwood floors, Pet friendly, 24hr maintenance, Parking, E-payments + more
Vibrant Lifestyle
Walkable access to dining and entertainment hub.
Monon Walk offers a vibrant lifestyle in Broad Ripple. With direct access to the Monon Trail, outdoor activities are at your doorstep. Enjoy modern amenities like in-unit laundry and a saltwater pool, amid a community-focused, pet-friendly environment.
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Parkside Apartments
$700
2900 South Pennsylvania Street, Indianapolis, IN 46225
(463) 240-3027
3 units available
1 bed
Amenities
Pet friendly
Recently updated units
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Llanhurst Apartments
$799
3541 North Meridian Street, Indianapolis, IN 46208
(463) 946-0493
2 units available
1 bed • 2 bed
Amenities
Dishwasher, Pet friendly, All utils included, Range, and Refrigerator
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1515-1517 E Michigan Street
$750
1515 East Michigan Street, Indianapolis, IN 46201
(463) 258-8656
2 units available
1 bed
Amenities
W/D hookup, Pet friendly, Air conditioning, Range, and Refrigerator
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City Guide for Indianapolis, IN

Indianapolis, fondly known as "Indy," is renowned for its sports culture, notably the Indianapolis 500, a centerpiece of local pride and an international renown. Indianapolis is also the proud home of the Colts and the Pacers. It also boasts a vibrant arts scene, including an array of museums, theaters, and the famous Indianapolis Symphony Orchestra. The Madame Walker Legacy Center, home to the Madame Walker Theater, is a historical gem positioned in the heart of the city near Indiana University Indianapolis.

If you're looking to rent in Indy, there's a few things you should know

View Indianapolis City Guide