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

168 rentals available

1 of 13
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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Emerson Village
5140 Emerson Village Pl, Indianapolis, IN 46237
(618) 836-8168
$952+ moTotal price15-mo lease
14 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
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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4.7
Southport at Buck Creek
$970
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 • 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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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
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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Estates of Creekside
$999
8055 Crossing Dr, Indianapolis, IN 46227
(507) 665-7293
Rent Savings
16 units available
1 bed • 2 bed • 3 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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Enclave at Eagle Creek
$984
5438 Holly Springs Dr W, Indianapolis, IN 46254
(812) 906-5115
Rent Savings
72 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Scenic Retreat
Nature-centric community near Eagle Creek Reservoir.
Enclave at Eagle Creek offers a scenic retreat for those who love nature, with the added perk of being priced below the metro average. This community is perfectly situated near Eagle Creek Park, providing easy access to outdoor activities like hiking and fishing. Residents adore the charming apartments and commend the efficient maintenance team, ensuring a comfortable living environment.
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Villages Of Bent Tree
$999
3210 Ramblewood Drive, Indianapolis, IN 46268
(507) 665-7295
59 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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Reflections
$649
7999 Silverleaf Drive, Indianapolis, IN 46260
(507) 616-7747
74 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
$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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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
3121 Baltimore Ave 3 Bed
3 Beds • 1 Bath • 1232 sqft
Base monthly rent
$7,865+
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
4.0
7 Pointe Apartments
$906
4724 Round Lake Road, Indianapolis, IN 46205
(912) 559-0623
Rent Savings
Top rated for Location
14 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Great Value
Convenient, spacious apartments with excellent amenities.
7 Pointe Apartments offers exceptional value, located just outside downtown Indianapolis. Residents love the renovated units featuring in-unit laundry, modern cabinetry, and select lake views. The community shines with top amenities like a gym, pool, playground, and a dedicated dog park, perfect for pet owners.
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Circle City Apartments
$975
1321 North Meridian Street, Indianapolis, IN 46202
(463) 232-8200
Rent Savings
93 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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Artistry Apartments
$996
451 East Market Street, Indianapolis, IN 46204
(317) 527-4730
Rent Savings
58 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Putting green, Patio / balcony, Granite counters, Hardwood floors, Dishwasher + more
Prime Location
Experience the artsy heart of Downtown Indianapolis.
Artistry Apartments offers a vibrant living experience in Downtown Indianapolis. Just steps away from Mass Ave and City Market, residents enjoy an array of nearby restaurants and entertainment. With pet-friendly amenities and a rooftop pool, this community is perfect for urban enthusiasts.
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Meridian Court South
$950
7266 Lockwood Ln, Indianapolis, IN 46217
(769) 666-6180
Rent Savings
19 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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Chateau de Ville Apartments
$923
5370 Rue de Ville, Indianapolis, IN 46220
(317) 548-0371
Rent Savings
28 units available
Studio • 1 bed • 2 bed • 3 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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Williamsburg North Apartments
$950
4430 Brookline Court, Indianapolis, IN 46220
(463) 842-1604
Rent Savings
5 units available
1 bed • 2 bed • 3 bed • 4 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, 24hr maintenance + more
Tranquil Living
Spacious units priced below metro average.
Williamsburg North Apartments offers a serene setting with modern amenities, just minutes from downtown Indianapolis. Residents enjoy spacious townhomes, modern kitchens, and in-unit washers. Priced below the metro average, this dog-friendly community provides great value with easy access to shopping and dining.
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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