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

The average rent for a studio apartment in Indianapolis is $1,236 per month.

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

One-bedroom apartment rentals in Indianapolis rent for $1,248 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 $1,483 per month.

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How many bedrooms do you need?

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

132 rentals available

1 of 13
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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4.5
Beechmill Apartments
8580 Beechmill Ln, Indianapolis, IN 46227
(443) 747-7055
$985+ moTotal price12-mo lease
Top rated for Location
17 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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Heathmoore
$775
5984 Heathmoore Dr, Indianapolis, IN 46237
(812) 203-2164
8 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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Dogwood Glen Apartments
$700
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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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
223 S Gladstone Ave 2 Bed
2 Beds • 1 Bath • 850 sqft
Base monthly rent
$550+
Available
Now
The Barton Center 806Sro
1 Bed • 1 Bath • 190 sqft
Base monthly rent
$581+
Available
Now
318 Parkway Ave # C 1 Bed
1 Bed • 1 Bath
Base monthly rent
$650+
Available
Now
4.7
Southport at Buck Creek
$959
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.”
26 units available
1 bed • 2 bed • 3 bed
Amenities
On-site 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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Villages Of Bent Tree
$999
3210 Ramblewood Drive, Indianapolis, IN 46268
(507) 665-7295
Rent Savings
39 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Amenity-Rich
Elegant Community With Abundant Features
Villages of Bent Tree offers a delightful escape into a serene environment, complemented by a wealth of premium amenities like an innovative fitness center, expansive dog park, and inviting swimming pool. Positioned conveniently with great access to shopping, dining, and major highways, it ensures easy living. Residents love the peaceful surroundings enriched by lush greenery.
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Oasis
$984
4900 Edinborough Ln, Indianapolis, IN 46241
(507) 616-7745
Rent Savings
16 units available
1 bed • 2 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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Reflections
$799
7999 Silverleaf Drive, Indianapolis, IN 46260
(507) 616-7747
Rent Savings
30 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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The Stratford Apartments
$829
3201 Watergate Rd, Indianapolis, IN 46224
(385) 355-7674
14 units available
Studio • 1 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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Greentree Apartments
$889
2524 Tamarack Lane, Indianapolis, IN 46227
(781) 725-6935
10 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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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
Luxury Townhome in downtown Indianapolis! 3 Beds, 5 Baths, $5000
3 Beds • 5 Baths • 2734 sqft
Base monthly rent
$5,000+
Available
Now
640 E 10th Street 4 Bed
4 Beds • 4 Baths • 2146 sqft
Base monthly rent
$4,750+
Available
Now
8131 Bounty Court 5 Bed
5 Beds • 4 Baths • 5350 sqft
Base monthly rent
$4,000+
Available
Now
11102 Outrigger Court 4 Bed
4 Beds • 3 Baths • 4416 sqft
Base monthly rent
$3,600+
Available
Now
Lincolnshire Apartments
$875
6221 N College Ave, Indianapolis, IN 46220
(854) 458-6294
1 unit 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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The Vista Apartment Homes
$959
1366 North Arlington Avenue, Indianapolis, IN 46219
(320) 995-2400
6 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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Serenity Park
$794
9060 East 39th Place, Indianapolis, IN 46235
(812) 310-4501
3 units available
1 bed • 2 bed
Amenities
W/D hookup, Dishwasher, Pet friendly, Walk in closets, Gym, Pool + more
Spacious Living
Experience the ultimate in comfortable, pet-friendly spaces.
Serenity Park offers spacious layouts ideal for comfortable living. Residents love the convenience of in-unit washer and dryer hookups. Enjoy a pet-friendly environment with a fitness center and a pool for relaxation.
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The Prairies Apartment Homes
$709
4555 North Arlington Avenue, Indianapolis, IN 46226
(317) 668-4084
Rent Savings
43 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + 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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The Vineyards Apartment Homes
$889
10101 Montery Road, Indianapolis, IN 46235
(317) 342-1815
21 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
$839
5018 Lemans Drive, Indianapolis, IN 46205
(317) 542-3873
31 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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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