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

The average rent for a studio apartment in Indianapolis is $1,164 per month.

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

One-bedroom apartment rentals in Indianapolis rent for $1,259 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 $1,464 per month.

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How many bedrooms do you need?

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

145 rentals available

1 of 33
TGM Autumn Woods
$999
9075 Autumn Woods Drive, Indianapolis, IN 46250
(515) 500-2536
53 units available
1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Dishwasher, Pet friendly, Parking, Recently renovated + more
Tranquil Living
Peaceful oasis in urban Castleton area
Enjoy a serene lifestyle at TGM Autumn Woods, nestled along the White River in Indianapolis. This property features luxurious amenities including a gym, pool, and media center. With a cost-effective price below the metro average, it's a true gem in a convenient location with quick access to top shopping and dining.
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Dogwood Glen Apartments
$740
2390 Woodglen Dr, Indianapolis, IN 46260
(317) 279-6838
Rent Savings
15 units available
Studio • 1 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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Heathmoore
$925
5984 Heathmoore Dr, Indianapolis, IN 46237
(812) 203-2164
10 units available
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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Emerson Village
5140 Emerson Village Pl, Indianapolis, IN 46237
(618) 836-8168
$908+ moTotal price15-mo lease
15 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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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
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
Garfield Park 122-091
Studio • 1 Bath • 449 sqft
Base monthly rent
$649+
Available
Now
Alpine Studios
5818 Flight School Drive, Indianapolis, IN 46221
(443) 747-7061
$876+ 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
11 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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Meridian Court South
7266 Lockwood Ln, Indianapolis, IN 46217
(769) 666-6180
$1,000+ moTotal price12-mo lease
Rent Savings
18 units available
1 bed • 2 bed
Amenities
In unit laundry, Nest technology, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly + more
Lakeside Living
Experience tranquil lakeside living with modern amenities.
Meridian Court South offers a serene environment with beautiful on-site lakes and wooded trails, perfect for leisurely walks. The community provides a peaceful suburban feel while being conveniently located near I-465, offering easy access to Indianapolis. Residents praise the attentive maintenance team and enjoy truly cost-effective living with spacious, well-designed apartments.
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Spinnaker Court
3685 St Thomas Blvd, Indianapolis, IN 46214
(317) 659-7746
$920+ moTotal price12-mo lease
Rent Savings
26 units available
1 bed • 2 bed
Amenities
In unit laundry, Nest technology, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly + more
Exceptional Amenities
Ideal lifestyle in Indianapolis' Aspen Ridge neighborhood
Spinnaker Court offers a blend of comfort and convenience in Indianapolis' charming Aspen Ridge neighborhood. Residents praise the peaceful, well-maintained environment featuring lush landscaping and quiet surroundings. The community is known for its wonderful amenities, including an updated swimming pool and a state-of-the-art fitness center.
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A/62 Apartments
6111 Allisonville Road, Indianapolis, IN 46220
(463) 250-5328
$999+ moTotal price12-mo lease
Rent Savings
7 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Carport, Gym + 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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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
1507 Broadway St 4 Bed
4 Beds • 3 Baths • 6434 sqft
Base monthly rent
$4,455+
Available
Now
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 Life at Harrison Trails
$859
5350 Cider Mill Lane, Indianapolis, IN 46229
(463) 465-5783
Rent Savings
12 units available
1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Convenient Living
15% Below Market Average in Indianapolis
The Life at Harrison Trails offers a comfortable haven just minutes from downtown Indianapolis. Nestled near major highways, the community provides easy access to vibrant city life. Residents enjoy spacious apartments, impressive amenities like a 24-hour gym and dog park, and the welcoming atmosphere cultivated by the attentive management team.
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The Life at Northwest Gardens
$709
5816 West 38th Street, Indianapolis, IN 46254
(218) 403-3977
Rent Savings
5 units available
1 bed • 2 bed • 3 bed
Amenities
On-site laundry, Patio / balcony, Granite counters, Pet friendly, 24hr maintenance, Recently renovated + more
Convenient Location
Spacious apartments near lively downtown Indy.
Experience the dynamic life at The Life at Northwest Gardens. Nestled in Indianapolis, this property offers excellent value, just minutes from downtown Indy. Enjoy the convenience of proximity to shopping centers, restaurants, and public transportation. With easily accessible dog-friendly amenities and a helpful management team, it's a perfect home for pet lovers.
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The Life at Creekside Reserve
$900
4514 Candletree Cir, Indianapolis, IN 46254
(229) 471-8813
6 units available
1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Granite counters, Hardwood floors, Pet friendly, 24hr maintenance + more
Urban Convenience
Comfort and accessibility in vibrant Indianapolis.
The Life at Creekside Reserve offers a harmonious blend of comfort and urban convenience. Located near key areas like Georgetown Road, it's easy to access shopping and dining venues such as Walmart and Planet Fitness. With cats and dogs allowed, this community is perfect for pet lovers.
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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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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