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

The average rent for a studio apartment in Indianapolis is $1,161 per month.

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

One-bedroom apartment rentals in Indianapolis rent for $1,251 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 $1,477 per month.

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How many bedrooms do you need?

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

162 rentals available

1 of 28
Greentree Apartments
$889
2524 Tamarack Lane, Indianapolis, IN 46227
(781) 725-6935
7 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Pet friendly, 24hr maintenance, Recently renovated, Dog park + more
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The Stratford Apartments
$819
3201 Watergate Rd, Indianapolis, IN 46224
(385) 355-7674
20 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
Patio / balcony, Pet friendly, E-payments, Online portal, and CC payments
Pet-Friendly Comfort
Spacious living with superb amenities and management.
The Stratford Apartments offers spacious homes with standout amenities. Positioned near major highways, residents enjoy easy access to dining, shopping, and entertainment. Residents love the comfort and excellent service provided by a dedicated management team.
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Monon Station Apartments
$975
4554 Winthrop Avenue, Indianapolis, IN 46205
(877) 698-2397
2 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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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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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
117 E Palmer Street E
1 Bed • 1 Bath • 3339 sqft
Base monthly rent
$550+
Available
Now
6052 E Washington Street 1 Bed
1 Bed • 1 Bath • 1720 sqft
Base monthly rent
$575+
Available
Now
The Barton Center 809Sro
1 Bed • 1 Bath • 190 sqft
Base monthly rent
$581+
Available
Now
The Meadows Apartment Homes
$849
5505 Scarlet Drive, Indianapolis, IN 46224
(773) 985-6329
7 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Convenient Serenity
Peaceful living with nearby shopping and dining options.
Meadows offers a serene and safe environment, ideal for those seeking peace and proximity to amenities. With its strategic location, residents enjoy easy access to vibrant shopping and dining options. The property is also cost-effective, priced significantly below the metro average, providing great value for your rental choice.
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The Vista Apartment Homes
$929
1366 North Arlington Avenue, Indianapolis, IN 46219
(320) 995-2400
7 units available
2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Pet-Friendly Oasis
Charming Locale with Ample Conveniences
Nestled in a serene area of Indianapolis, Vistas offers residents a peaceful and calm atmosphere with a wealth of conveniences nearby. Cats and dogs are welcome, making it perfect for pet lovers. Residents commend the maintenance team for being efficient and the staff for their friendly and understanding nature.
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The Grove on 79th
$959
2000 W 79th St, Indianapolis, IN 46260
(503) 966-5597
14 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, 24hr maintenance + more
Community Appeal
Spacious homes with unmatched amenities and convenience.
The Grove on 79th offers a spacious and community-oriented living experience in Crooked Creek. Residents praise the proactive management and delight in amenities like a pool, gym, and tennis courts. Its strategic location provides easy access to shopping, dining, and transportation, ensuring a connected lifestyle.
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Monon Walk
$895
6115 Winthrop Avenue, Indianapolis, IN 46220
(218) 325-9678
5 units 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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Emerson Village
5140 Emerson Village Pl, Indianapolis, IN 46237
(618) 836-8168
$904+ moTotal price15-mo lease
16 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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4.5
Beechmill Apartments
8580 Beechmill Ln, Indianapolis, IN 46227
(443) 747-7055
$985+ moTotal price12-mo lease
Top rated for Location
13 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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Luxury apartments
Top units for an elevated lifestyle.
429 W 86th Street 5 Bed
5 Beds • 5 Baths • 3958 sqft
Base monthly rent
$10,000+
Available
Now
Luxury Townhome in downtown Indianapolis! 3 Beds, 5 Baths, $6000
3 Beds • 5 Baths • 2734 sqft
Base monthly rent
$6,000+
Available
Now
River House 105
Studio • 1 Bath • 1815 sqft
Total monthly rent
$5,274
Available
Now
6337 Cardinal Lane 5 Bed
5 Beds • 3 Baths • 4078 sqft
Base monthly rent
$4,950+
Available
Now
333 Massachusetts Avenue 305
2 Beds • 2 Baths • 2148 sqft
Base monthly rent
$4,000+
Available
Now
The Prairies Apartment Homes
$909
4555 North Arlington Avenue, Indianapolis, IN 46226
(317) 668-4084
Rent Savings
30 units available
1 bed • 2 bed • 3 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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4.5
The Cedars Apartment Homes
$879
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 😊”
7 units available
Studio • 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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The Vineyards Apartment Homes
$889
10101 Montery Road, Indianapolis, IN 46235
(317) 342-1815
10 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Parking + 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 Fields Apartment Homes
$849
3215 North Alton Avenue, Indianapolis, IN 46222
(669) 342-0477
13 units available
1 bed • 2 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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4.0
Courts
$929
4417 Linwood Ct, Indianapolis, IN 46201
(317) 653-6637
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”
14 units available
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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The Pines at SoBro
$809
5018 Lemans Drive, Indianapolis, IN 46205
(317) 542-3873
33 units available
Studio • 1 bed • 2 bed • 3 bed • 4 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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Frequently Asked Questions (FAQs)

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