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

The average rent for a studio apartment in Indianapolis is $1,208 per month.

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

One-bedroom apartment rentals in Indianapolis rent for $1,256 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

167 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
Rent Savings
Top rated for Location
16 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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TGM Autumn Woods
$999
9075 Autumn Woods Drive, Indianapolis, IN 46250
(515) 500-2536
Rent Savings
65 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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Heathmoore
$945
5984 Heathmoore Dr, Indianapolis, IN 46237
(812) 203-2164
8 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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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
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
3763 Broadway Street 3
1 Bed • 1 Bath • 2202 sqft
Base monthly rent
$645+
Available
Now
Dogwood Glen Apartments
$700
2390 Woodglen Dr, Indianapolis, IN 46260
(317) 279-6838
16 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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4.7
Southport at Buck Creek
$855
1451 E Southport Rd #5385, Indianapolis, IN 46227
(317) 406-4420
Rent Savings
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.”
42 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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Oasis
$984
4900 Edinborough Ln, Indianapolis, IN 46241
(507) 616-7745
17 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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Reflections
$854
7999 Silverleaf Drive, Indianapolis, IN 46260
(507) 616-7747
16 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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Oakbrook Village
$959
6098 Georgetown Road, Indianapolis, IN 46254
(727) 474-1312
Rent Savings
41 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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Monon Walk
$895
6115 Winthrop Avenue, Indianapolis, IN 46220
(218) 325-9678
Rent Savings
4 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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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
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
VITRA Apartments 1167
1 Bed • 1.5 Baths • 1400 sqft
Base monthly rent
$2,448+
Available
Now
Chateau de Ville Apartments
$821
5370 Rue de Ville, Indianapolis, IN 46220
(317) 548-0371
Rent Savings
23 units available
Studio • 1 bed • 2 bed
Amenities
W/D hookup, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Community Charm
Conveniently located with friendly community and spacious apartments.
Chateau de Ville Apartments offers a warm, friendly community atmosphere that residents truly appreciate. With cost-effective living, these spacious apartments are a standout feature for the area. Nestled in a convenient location, residents enjoy easy access to downtown Indianapolis and various nearby amenities.
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Fisherman's Village Apartments
$849
2975 Coast Drive, Indianapolis, IN 46214
(317) 942-3180
Rent Savings
16 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Garage + more
Serene Escape
Experience lakeside tranquility with convenient city access.
Fisherman's Village Apartments offers stunning lake views, a 24-hour fitness center, and easy access to downtown Indianapolis and major highways. Residents enjoy the serene living environment with beautifully maintained surroundings and an array of top-notch amenities. The property is in proximity to diverse dining options, parks, and schools, ensuring a vibrant and convenient lifestyle.
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Meridian Court South
7266 Lockwood Ln, Indianapolis, IN 46217
(769) 666-6180
$980+ moTotal price12-mo lease
Rent Savings
22 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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The Hills Apartment Homes
$949
5500 Pleasant Hill Circle, Indianapolis, IN 46224
(312) 818-5489
Rent Savings
13 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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Garfield Park
$810
360 Sandra Lane, Indianapolis, IN 46227
(463) 255-5912
Rent Savings
8 units available
1 bed • 2 bed
Amenities
On-site laundry, Pet friendly, 24hr maintenance, Parking, Gym, Pool + 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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The Fields Apartment Homes
$859
3215 North Alton Avenue, Indianapolis, IN 46222
(669) 342-0477
5 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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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