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

The average rent for a studio apartment in Indianapolis is $1,183 per month.

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

One-bedroom apartment rentals in Indianapolis rent for $1,289 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 $1,494 per month.

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

134 rentals available

The Prairies Apartment Homes
$909
4555 North Arlington Avenue, Indianapolis, IN 46226
(317) 668-4084
Rent Savings
7 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Parking + more
Cost-Efficient
Spacious living, excellent amenities, peaceful neighborhood
Prairies offers a cost-effective lifestyle with rental prices notably below the metro average. Residents love the spacious, well-maintained apartments complete with high-end finishes. The community is highly rated for its amenities, including a popular swimming pool and fitness center. Situated in a quiet neighborhood, it's an ideal place for those seeking comfort and convenience.
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4.0
Courts
$839
4417 Linwood Ct, Indianapolis, IN 46201
(317) 653-6637
Rent Savings
Top rated for Location
“The children in my unit are loud all hours of the day and night. Constantly screaming, yelling, and throwing trash all around the apartment inside and outside”
9 units available
1 bed • 2 bed
Amenities
In unit laundry, Dishwasher, Pet friendly, 24hr maintenance, Carport, Recently renovated + more
Cost-Effective Comfort
Convenient, budget-friendly haven in Indianapolis
Nestled in the Near Eastside, Courts offers a cost-effective living experience in Indianapolis, being priced significantly below the metro average. Residents love the peaceful environment and the attentive, helpful staff. The property's prime location, directly behind Linwood Plaza, makes it perfect for those who enjoy walking to nearby amenities.
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4.5
The Cedars Apartment Homes
$969
3417 North Rybolt Avenue, Indianapolis, IN 46222
(317) 240-8812
Rent Savings
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 😊”
2 units available
1 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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5.0
The Grove on Harcourt
$979
8002 Harcourt Rd, Indianapolis, IN 46260
(317) 563-8605
Top rated for Location
“For the unit size I've got No problem. But the parking lot it's sad 😔.. The trees need to be managed..”
14 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Cable included + more
Vibrant Location
Ideal location enhances active and convenient lifestyle.
The Grove on Harcourt offers a vibrant living experience in Indianapolis. Enjoy proximity to diverse dining and shopping venues while residing in a community with outstanding amenities like a gym and swimming pool. Located within the renowned Washington Township School District, the Grove makes an excellent choice for those seeking a community-centric environment.
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Best market deals
These units are the best deal in town.
The Barton Center 801Sro
1 Bed • 1 Bath • 190 sqft
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1131 N Rural Street E
Studio • 1 Bath • 1172 sqft
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117 E Palmer Street E
1 Bed • 1 Bath • 3339 sqft
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520 N Moreland Avenue A
1 Bed • 1 Bath • 700 sqft
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2118 Spann Ave 1 Bed
1 Bed • 1 Bath
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May 18
The Hills Apartment Homes
$929
5500 Pleasant Hill Circle, Indianapolis, IN 46224
(312) 818-5489
Rent Savings
27 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Prime Location
Urban Living with Great Amenities
Hills Apartments in Indianapolis boast a fantastic urban location with easy access to shopping, dining, and transportation options. The property offers a variety of amenities, including a fitness center, pool, and pet-friendly policies for both cats and dogs. Residents praise the spacious apartments and the fast response to maintenance requests.
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The Fields Apartment Homes
$819
3215 North Alton Avenue, Indianapolis, IN 46222
(669) 342-0477
Rent Savings
14 units available
1 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Spacious Haven
Spacious comfort with cost-effective Indianapolis living.
Fields offers expansive one-bedroom apartments that are perfect for those seeking comfort and abundant space. Residents appreciate the swift response to maintenance requests and enjoy a peaceful and safe community. The property is a great value, priced significantly below the metro average by 37%.
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The Vineyards Apartment Homes
$809
10101 Montery Road, Indianapolis, IN 46235
(317) 342-1815
6 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Pet Paradise
Peaceful living near amenities and transit.
Vineyards offers a tranquil environment in Indianapolis, perfect for pet owners with both dogs and cats allowed. Residents love the responsive maintenance and professional management, ensuring a smooth living experience. Conveniently located near shopping centers and restaurants, daily tasks and commuting are a breeze.
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The Pines at SoBro
$749
5018 Lemans Drive, Indianapolis, IN 46205
(317) 542-3873
Rent Savings
16 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Parking + more
Great Value
Convenient living near Monon Trail and downtown access.
Enjoy a cost-effective lifestyle at Pines at Sobro, where the price is below the metro average. Residents rave about the friendly staff and the spacious, comfortable apartments featuring amenities like vaulted ceilings. The community benefits from easy access to the Monon Trail and it is surrounded by a wealth of dining options.
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Garfield Park
$705
360 Sandra Lane, Indianapolis, IN 46227
(463) 255-5912
17 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Pet friendly, 24hr maintenance, Parking, Stainless steel, Gym + more
Cost-Effective Living
Great value with fantastic amenities and local convenience.
Garfield Park offers a standout living experience with excellent value, priced 32% below the metro average. Residents enjoy the convenience of on-site amenities like a fitness center and swimming pool. With parks, schools, and entertainment within walking distance, it's perfect for those seeking an active and engaging lifestyle.
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Pine Glen
$849
4259 Burkhart Dr, Indianapolis, IN 46227
(463) 222-0980
9 units available
1 bed • 2 bed
Amenities
On-site laundry, Pet friendly, 24hr maintenance, Parking, Pool, Playground + more
Value Choice
Great value with comprehensive amenities.
Pine Glen offers a remarkable value at 23% below the metro average. Located in North Perry, this community boasts desirable amenities like a pool, playground, and pet-friendly policies. Within a mile, enjoy convenient access to schools, parks, and dining options, making it a well-rounded choice for residents.
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Luxury apartments
Top units for an elevated lifestyle.
6337 Cardinal Lane 5 Bed
5 Beds • 3 Baths • 4078 sqft
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519 Fulton Street 3 Bed
3 Beds • 5 Baths • 1830 sqft
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River House 105
Studio • 1 Bath • 1815 sqft
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333 Massachusetts Avenue 305
2 Beds • 2 Baths • 2148 sqft
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818 Union Street 4 Bed
4 Beds • 4 Baths • 2624 sqft
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Broad Ripple Trails Commons
$849
5220 Luzzane Lane, Indianapolis, IN 46220
(463) 232-6746
8 units available
1 bed • 2 bed
Amenities
On-site laundry, Pet friendly, 24hr maintenance, Parking, Gym, Pool + more
Trail Access
Vibrant Community Near Broad Ripple Village
Broad Ripple Trails Commons is perfectly positioned near the Monon Trail, ideal for biking and walking. Residents enjoy a vibrant mix of dining and entertainment options nearby at Broad Ripple Village. The property boasts well-maintained amenities like a gym, pool, and clubhouse, all enhancing the living experience.
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Parkhaven Apartments
$889
7936 Timber Ridge Dr, Indianapolis, IN 46219
(516) 715-4120
7 units available
1 bed • 2 bed
Amenities
On-site laundry, Pet friendly, 24hr maintenance, Parking, Pool, E-payments + more
Parklike Retreat
Resort-style living in lush, green surroundings.
Parkhaven Apartments offers a serene park-like setting with 11 acres of lush landscaping. Residents love the peaceful and clean community atmosphere. The pet-friendly environment is complemented by updated kitchens and spacious homes, perfect for a comfortable lifestyle.
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Dogwood Glen Apartments
$695
2390 Woodglen Dr, Indianapolis, IN 46260
(317) 279-6838
15 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
$870
1451 E Southport Rd #5385, Indianapolis, IN 46227
(317) 406-4420
Rent Savings
Top rated for Amenities
“Dasha from the office is amazing, but I have had an experience of talking to an unpleasant office personnel. Maintainence takes their time 90% of the time but there’s one really nice maintenance man who brings treats to my cat when he comes. The neighbors are kinda loud but you don’t get to choose your neighbors. Also the apartments are raising their rent even after the police shot and k*lled someone in these apartments just 2 months ago???”
25 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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Alpine Studios
$892
5818 Flight School Drive, Indianapolis, IN 46221
(443) 747-7061
13 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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Emerson Village
$921
5140 Emerson Village Pl, Indianapolis, IN 46237
(618) 836-8168
23 units available
1 bed • 2 bed
Amenities
W/D hookup, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Scenic Amenities
Tranquil living with top-notch amenities and scenic views.
Emerson Village impresses with its manicured grounds and abundant amenities, offering a pet-friendly environment perfect for cat and dog owners. Residents love the spacious apartments with private balconies or patios and full-size washer/dryer connections. Ideally located, the property provides convenient access to dining and shopping in Indianapolis.
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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