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

The average rent for a studio apartment in Indianapolis is $1,199 per month.

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

One-bedroom apartment rentals in Indianapolis rent for $1,258 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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Apartments for Rent in Indianapolis, IN under $1,000

131 rentals available

1 of 13
Dogwood Glen Apartments
$720
2390 Woodglen Dr, Indianapolis, IN 46260
(317) 279-6838
Rent Savings
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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Emerson Village
5140 Emerson Village Pl, Indianapolis, IN 46237
(618) 836-8168
$968+ 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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Alpine Studios
5818 Flight School Drive, Indianapolis, IN 46221
(443) 747-7061
$876+ moTotal price12-mo lease
6 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
15 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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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 806Sro
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
318 Parkway Ave # C 1 Bed
1 Bed • 1 Bath
Base monthly rent
$650+
Available
Now
4.7
Southport at Buck Creek
$956
1451 E Southport Rd #5385, Indianapolis, IN 46227
(317) 406-4420
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???”
14 units available
1 bed • 2 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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Oakbrook Village
$959
6098 Georgetown Road, Indianapolis, IN 46254
(727) 474-1312
Rent Savings
42 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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Oasis
$984
4900 Edinborough Ln, Indianapolis, IN 46241
(507) 616-7745
Rent Savings
20 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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Estates of Creekside
$999
8055 Crossing Dr, Indianapolis, IN 46227
(507) 665-7293
Rent Savings
13 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Recently renovated + more
Modern Comfort
Stylish Renovations Near Shopping & Dining
Estates of Creekside offers a newly renovated, pet-friendly community in South Perry, Indianapolis. Its prime location provides access to Greenwood Park Mall, major highways, and numerous dining options. Residents love the professional service and the peaceful environment where neighbors care for each other.
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Reflections
$749
7999 Silverleaf Drive, Indianapolis, IN 46260
(507) 616-7747
Rent Savings
47 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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Spinnaker Court
3685 St Thomas Blvd, Indianapolis, IN 46214
(317) 659-7746
$830+ moTotal price12-mo lease
Rent Savings
27 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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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, $6000
3 Beds • 5 Baths • 2734 sqft
Base monthly rent
$6,000+
Available
Now
6337 Cardinal Lane 5 Bed
5 Beds • 3 Baths • 4078 sqft
Base monthly rent
$4,950+
Available
Now
Industry Indianapolis 1212
3 Beds • 2 Baths • 1521 sqft
Total monthly rent
$4,115
Available
Now
311 Jordan Road 0 Bed
Studio • 1 Bath • 3200 sqft
Base monthly rent
$3,500+
Available
Now
Pickwick Farms Apartments
1540 Handball Ln, Indianapolis, IN 46260
(317) 943-6718
$900+ moTotal price15-mo lease
Rent Savings
18 units available
Studio • 1 bed • 2 bed
Amenities
W/D hookup, Patio / balcony, Dishwasher, Pet friendly, Recently renovated, Gym + more
Spacious Living
Ample Room and Prime Amenities Await
Pickwick Farms Apartments offers extraordinary living with spacious units, ideal for those with large furniture. Pets are welcome, with amenities like a dog park and a refreshing pool for relaxation. Located less than a mile from dining and local attractions, it's a delightful place to call home.
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Circle City Apartments
$975
1321 North Meridian Street, Indianapolis, IN 46202
(463) 232-8200
Rent Savings
91 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Granite counters, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Central Charm
Downtown living with vibrant amenities.
Located in the heart of Indianapolis, Circle City Apartments offers a prime downtown experience. Residents enjoy easy access to Mass Avenue's vibrant shopping and dining scene. With recent renovations and modern amenities like stainless steel appliances, it's a blend of history and contemporary comfort. Both cats and dogs are welcome, making it a perfect home for pet lovers.
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Chateau de Ville Apartments
$923
5370 Rue de Ville, Indianapolis, IN 46220
(317) 548-0371
Rent Savings
30 units available
Studio • 1 bed • 2 bed • 3 bed • 4 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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Summit at Keystone
6630 Glenbrook Drive, Indianapolis, IN 46220
(317) 483-8518
$949+ moTotal price12-mo lease
34 units available
1 bed • 2 bed • 3 bed
Amenities
Patio / balcony, Granite counters, Dishwasher, Pet friendly, 24hr maintenance, Carport + more
Pet Oasis
Pet-friendly haven near parks and shopping
Summit at Keystone offers a pet-friendly atmosphere with both dogs and cats welcomed. Residents enjoy the nearby parks and convenient access to shopping and dining options in Indianapolis. The peaceful environment, along with a dedicated dog park, provides a delightful setting for pet owners.
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The Fields Apartment Homes
$849
3215 North Alton Avenue, Indianapolis, IN 46222
(669) 342-0477
8 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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Garfield Park
$649
360 Sandra Lane, Indianapolis, IN 46227
(463) 255-5912
Rent Savings
19 units available
Studio • 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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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