What is the typical rent for a studio apartment in Indianapolis?

The average rent for a studio apartment in Indianapolis is $1,189.

How expensive are one-bedroom apartments in Indianapolis?

The average rent for a one-bedroom apartment rental in Indianapolis is $1,270.

How much is rent for two-bedroom apartments in Indianapolis?

The average monthly rent for a two-bedroom apartment in Indianapolis is $1,470.

Are there any properties that are currently offering move-in specials in Indianapolis?

Yes, you can filter your apartment search to only include properties in Indianapolis that are offering move-in specials .

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Cheap Apartments for Rent in Indianapolis, IN

133 rentals available

1 of 42
Emerson Village
5140 Emerson Village Pl, Indianapolis, IN 46237
(618) 836-8168
$927+ 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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4.0
The Maxwell Apartments
515 E. Market Street, Indianapolis, IN 46204
(443) 732-3086
$927+ moTotal price14-mo lease
Top rated for Location
“I’ve had to call maintenance twice for the same issues and multiple tickets have been marked as completed, but the issue remains. The parking that is included, but not in a gated parking garage seemed like a good value, but people have had their windshield smashed in, and I’ve only lived there less than two months.”
8 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Downtown Oasis
Luxury living in vibrant Downtown Indianapolis.
Experience luxury living in the heart of Downtown Indianapolis. The Maxwell Apartments offer a unique blend of modern amenities and a vibrant city lifestyle. Residents enjoy close proximity to top dining, shopping, and entertainment venues, making it a popular choice for those seeking an urban oasis.
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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
12 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
$841
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???”
15 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
6052 E Washington Street 1 Bed
1 Bed • 1 Bath • 1720 sqft
Base monthly rent
$575+
Available
Now
The Barton Center 806Sro
1 Bed • 1 Bath • 190 sqft
Base monthly rent
$581+
Available
Now
15 N Riley Avenue 1
Studio • 1 Bath • 1240 sqft
Base monthly rent
$625+
Available
Now
Oasis
$984
4900 Edinborough Ln, Indianapolis, IN 46241
(507) 616-7745
19 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
$799
7999 Silverleaf Drive, Indianapolis, IN 46260
(507) 616-7747
Rent Savings
88 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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Estates of Creekside
$999
8055 Crossing Dr, Indianapolis, IN 46227
(507) 665-7293
Rent Savings
20 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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The Life at Creekside Reserve
4514 Candletree Cir, Indianapolis, IN 46254
(229) 471-8813
$900+ moTotal price6-mo lease
7 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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Greentree Apartments
$889
2524 Tamarack Lane, Indianapolis, IN 46227
(781) 725-6935
5 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 Stratford Apartments
$659
3201 Watergate Rd, Indianapolis, IN 46224
(385) 355-7674
5 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
1507 Broadway St 4 Bed
4 Beds • 3 Baths • 6434 sqft
Base monthly rent
$4,955+
Available
Now
6337 Cardinal Lane 5 Bed
5 Beds • 3 Baths • 4078 sqft
Base monthly rent
$4,950+
Available
Now
333 Massachusetts Avenue 305
2 Beds • 2 Baths • 2148 sqft
Base monthly rent
$4,000+
Available
Now
Castleton Manor
$999
5850 Laketon Dr, Indianapolis, IN 46220
(317) 342-7197
31 units available
1 bed • 2 bed • 3 bed
Amenities
W/D hookup, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Spacious Living
Ample space with top-notch management and amenities
Castleton Manor offers exceptionally spacious floor plans that residents love, coupled with a proactive management team known for their attentiveness. Strategically located near Castleton Square and Keystone at the Crossing, it provides convenient access to premier shopping and dining options. The property includes desirable amenities like a fitness center, swimming pool, and pet park, enhancing your living experience.
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Lincolnshire Apartments
$875
6221 N College Ave, Indianapolis, IN 46220
(854) 458-6294
2 units available
Studio
Amenities
On-site laundry, Hardwood floors, Pet friendly, 24hr maintenance, E-payments, Some paid utils + more
Historic Charm
Charming apartment with prime Broad Ripple location.
Lincolnshire Apartments embrace the historic charm of a bygone era. Situated in the lively Broad Ripple neighborhood, residents enjoy unparalleled access to trendy restaurants and exciting entertainment. The apartment's pet-friendly policy welcomes both cats and dogs, making it ideal for pet lovers.
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The Meadows Apartment Homes
$829
5505 Scarlet Drive, Indianapolis, IN 46224
(773) 985-6329
6 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Convenient Serenity
Peaceful living with nearby shopping and dining options.
Meadows offers a serene and safe environment, ideal for those seeking peace and proximity to amenities. With its strategic location, residents enjoy easy access to vibrant shopping and dining options. The property is also cost-effective, priced significantly below the metro average, providing great value for your rental choice.
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The Vista Apartment Homes
$919
1366 North Arlington Avenue, Indianapolis, IN 46219
(320) 995-2400
7 units available
2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Pet-Friendly Oasis
Charming Locale with Ample Conveniences
Nestled in a serene area of Indianapolis, Vistas offers residents a peaceful and calm atmosphere with a wealth of conveniences nearby. Cats and dogs are welcome, making it perfect for pet lovers. Residents commend the maintenance team for being efficient and the staff for their friendly and understanding nature.
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The Grove on 79th
$939
2000 W 79th St, Indianapolis, IN 46260
(503) 966-5597
1 unit available
1 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, 24hr maintenance + more
Community Appeal
Spacious homes with unmatched amenities and convenience.
The Grove on 79th offers a spacious and community-oriented living experience in Crooked Creek. Residents praise the proactive management and delight in amenities like a pool, gym, and tennis courts. Its strategic location provides easy access to shopping, dining, and transportation, ensuring a connected lifestyle.
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Monon Walk
$895
6115 Winthrop Avenue, Indianapolis, IN 46220
(218) 325-9678
Rent Savings
6 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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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