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

The average rent for a studio apartment in Indianapolis is $1,218.

How expensive are one-bedroom apartments in Indianapolis?

The average rent for a one-bedroom apartment rental in Indianapolis is $1,257.

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

The average monthly rent for a two-bedroom apartment in Indianapolis is $1,477.

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

154 rentals available

1 of 13
Dogwood Glen Apartments
$700
2390 Woodglen Dr, Indianapolis, IN 46260
(317) 279-6838
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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Alpine Studios
5818 Flight School Drive, Indianapolis, IN 46221
(443) 747-7061
$892+ moTotal price12-mo lease
11 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
17 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
$952
1451 E Southport Rd #5385, Indianapolis, IN 46227
(317) 406-4420
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.”
30 units available
1 bed • 2 bed • 3 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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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
223 S Gladstone Ave 2 Bed
2 Beds • 1 Bath • 850 sqft
Base monthly rent
$550+
Available
Now
The Barton Center 806Sro
1 Bed • 1 Bath • 190 sqft
Base monthly rent
$581+
Available
Now
Studio Apartment on S Brookville Rd & S Arlington Ave Studio, 1 Bath, $625
Studio • 1 Bath • 500 sqft
Base monthly rent
$625+
Available
Now
Reflections
$824
7999 Silverleaf Drive, Indianapolis, IN 46260
(507) 616-7747
24 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
$1,009
6098 Georgetown Road, Indianapolis, IN 46254
(727) 474-1312
37 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
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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Retreat at Riverbend Apartment Homes
8850 River Bend Parkway, Indianapolis, IN 46250
(317) 483-0759
$1,006+ moTotal price12-mo lease
Rent Savings
69 units available
1 bed • 2 bed
Amenities
In unit laundry, Nest technology, Golf room, Patio / balcony, Dishwasher, Pet friendly + more
Modern Comfort
Convenient living with top-notch amenities.
Experience modern living at Riverbend Apartments, where comfort and convenience come together. Enjoy spacious layouts, stainless steel appliances, and private patios. With amenities like a fitness center, pool, and on-site dog park, it's a community designed for a vibrant lifestyle.
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Spinnaker Court
3685 St Thomas Blvd, Indianapolis, IN 46214
(317) 659-7746
$830+ 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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Circle City Apartments
$975
1321 North Meridian Street, Indianapolis, IN 46202
(463) 232-8200
Rent Savings
80 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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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, $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
311 Jordan Road 0 Bed
Studio • 1 Bath • 3200 sqft
Base monthly rent
$3,500+
Available
Now
1225 Hoyt Avenue 3 Bed
3 Beds • 3 Baths • 2002 sqft
Base monthly rent
$3,300+
Available
Now
Fisherman's Village Apartments
$859
2975 Coast Drive, Indianapolis, IN 46214
(317) 942-3180
Rent Savings
28 units available
Studio • 1 bed • 2 bed
Amenities
Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Garage, Recently renovated + 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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Garfield Park
$799
360 Sandra Lane, Indianapolis, IN 46227
(463) 255-5912
Rent Savings
10 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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Williamsburg North Apartments
$850
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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The Prairies Apartment Homes
$709
4555 North Arlington Avenue, Indianapolis, IN 46226
(317) 668-4084
Rent Savings
42 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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The Hills Apartment Homes
$949
5500 Pleasant Hill Circle, Indianapolis, IN 46224
(312) 818-5489
Rent Savings
12 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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The Fields Apartment Homes
$859
3215 North Alton Avenue, Indianapolis, IN 46222
(669) 342-0477
11 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