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

The average rent for a studio apartment in Indianapolis is $1,207 per month.

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

One-bedroom apartment rentals in Indianapolis rent for $1,261 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 $1,488 per month.

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How many bedrooms do you need?

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

161 rentals available

Heathmoore
$805
5984 Heathmoore Dr, Indianapolis, IN 46237
(812) 203-2164
2 units available
Studio • 1 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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The Life at Northwest Gardens
$879
5816 West 38th Street, Indianapolis, IN 46254
(218) 403-3977
Rent Savings
7 units available
1 bed • 2 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 Pines at SoBro
$919
5018 Lemans Drive, Indianapolis, IN 46205
(317) 542-3873
Rent Savings
37 units available
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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Arlington Green
$720
6046 E 21st Street, Suite 1B Management Office, Indianapolis, IN 46219
(317) 747-2827
Rent Savings
8 units available
1 bed • 2 bed
Amenities
W/D hookup, Pet friendly, 24hr maintenance, Parking, Recently renovated, Gym + more
Value Gem
Cost-effective perfection with all-around convenience.
Arlington Green stands out with a pricing advantage, coming in at 32% below the metro average, making it a superb deal for those seeking value. With newly renovated units, residents are treated to modern finishes and efficient appliances. Ideal for pet lovers, both cats and dogs are warmly welcomed. Additionally, a location close to downtown and across from the bus line ensures easy commutes.
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Best market deals
These units are the best deal in town.
The Barton Center 801Sro
1 Bed • 1 Bath • 190 sqft
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1129 N Rural Street E
Studio • 1 Bath • 1172 sqft
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1131 N Rural Street E
Studio • 1 Bath • 1172 sqft
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117 E Palmer Street E
1 Bed • 1 Bath • 3339 sqft
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520 N Moreland Avenue A
1 Bed • 1 Bath • 700 sqft
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Monon Living
$756
5934 Carvel Avenue, Indianapolis, IN 46220
(808) 425-9598
19 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Vibrant Living
Experience dynamic, upscale living near Broad Ripple.
Monon Living presents a vibrant atmosphere with its prime location near Broad Ripple, known for its free-spirited vibe and variety of eateries and shops. Residents appreciate the efficient maintenance services and well-maintained community amenities like a saltwater pool and 24-hour gym. Cats and dogs are welcome here, making it a great choice for pet lovers.
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The Park at Greenhill
$901
59 Port Ocall Dr, Indianapolis, IN 46224
(314) 916-3524
Rent Savings
27 units available
1 bed • 2 bed • 3 bed • 4 bed
Amenities
W/D hookup, Patio / balcony, Hardwood floors, Dishwasher, Cats allowed, Garage + more
Serene Convenience
Spacious and serene west-side apartment community.
The Park at Greenhill provides a peaceful escape with spacious accommodations, located conveniently on Indianapolis's west side. Residents love the well-maintained gym and pool, offering a touch of leisure within a serene setting. Cats and dogs are welcome, enhancing the welcoming community vibe amidst 55 acres of greenery and mature trees. Easy access to I-465 and public transport make it ideal for commuters.
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The Life at Creekside Reserve
$900
4514 Candletree Cir, Indianapolis, IN 46254
(229) 471-8813
8 units available
1 bed • 2 bed • 3 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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Dogwood Glen Apartments
$720
2390 Woodglen Dr, Indianapolis, IN 46260
(317) 279-6838
11 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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The Prairies Apartment Homes
$879
4555 North Arlington Avenue, Indianapolis, IN 46226
(317) 668-4084
Rent Savings
6 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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Barrington Estates
$950
8717 Old Town West Dr, Indianapolis, IN 46260
(317) 434-8776
Rent Savings
17 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Garage + more
Convenient Living
Ideal location with abundant dining and shopping.
Barrington Estates offers a convenient urban lifestyle in Indianapolis. Enjoy numerous dining options within walking distance and exceptional shopping avenues a short drive away. Revamped amenities like a swimming pool, renovated gym, and stylish interiors ensure a modern and comfortable living experience.
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Luxury apartments
Top units for an elevated lifestyle.
1210 Golden Hill Drive 4 Bed
4 Beds • 5 Baths • 5331 sqft
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429 W 86th Street 5 Bed
5 Beds • 5 Baths • 3958 sqft
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River House 105
Studio • 1 Bath • 1815 sqft
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3750 Totem Ln 4 Bed
4 Beds • 4 Baths • 4528 sqft
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818 Union Street 4 Bed
4 Beds • 4 Baths • 2624 sqft
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Riverbend Apartments
$905
8850 River Bend Parkway, Indianapolis, IN 46250
(607) 625-7819
Rent Savings
184 units available
1 bed • 2 bed
Amenities
In unit laundry, Golf room, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance + more
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Chateau de Ville Apartments
$923
5370 Rue de Ville, Indianapolis, IN 46220
(317) 548-0371
Rent Savings
25 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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Circle City Apartments
$990
1321 North Meridian Street, Indianapolis, IN 46202
(317) 674-1337
55 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + 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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Meridian Court South
$980
7266 Lockwood Ln, Indianapolis, IN 46217
(769) 666-6180
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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Martinique Terrace
$999
6789 South East Street, Indianapolis, IN 46227
(317) 942-3031
21 units available
1 bed • 2 bed • 3 bed
Amenities
On-site laundry, Patio / balcony, Dishwasher, 24hr maintenance, Recently renovated, and Gym
Peaceful Community
Tranquil, well-maintained living in Edgewood, Indianapolis.
Martinique Terrace offers a peaceful and meticulously maintained community in Edgewood, Indianapolis. With spacious apartments and friendly management, renters praise the efficient maintenance and serene environment. Modern amenities like in-unit laundry and a gym enhance the lifestyle experience.
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Spinnaker Court
$828
3685 St Thomas Blvd, Indianapolis, IN 46214
(317) 659-7746
19 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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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