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

140 rentals available

1 of 33
TGM Autumn Woods
$999
9075 Autumn Woods Drive, Indianapolis, IN 46250
(515) 500-2536
Rent Savings
50 units available
1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Dishwasher, Pet friendly, Parking, Recently renovated + more
Tranquil Living
Peaceful oasis in urban Castleton area
Enjoy a serene lifestyle at TGM Autumn Woods, nestled along the White River in Indianapolis. This property features luxurious amenities including a gym, pool, and media center. With a cost-effective price below the metro average, it's a true gem in a convenient location with quick access to top shopping and dining.
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Heathmoore
$950
5984 Heathmoore Dr, Indianapolis, IN 46237
(812) 203-2164
7 units available
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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Dogwood Glen Apartments
$735
2390 Woodglen Dr, Indianapolis, IN 46260
(317) 279-6838
12 units available
Studio • 1 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
$938+ 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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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
15 N Riley Avenue 1
Studio • 1 Bath • 1240 sqft
Base monthly rent
$625+
Available
Now
1106 N Gale Street 3
Studio • 1 Bath • 1196 sqft
Base monthly rent
$650+
Available
Now
4.0
The Maxwell Apartments
515 E. Market Street, Indianapolis, IN 46204
(443) 732-3086
$962+ 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.”
9 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
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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5.0
Lodge at Trails Edge
9535 Benchmark Drive, Indianapolis, IN 46240
(463) 232-7095
$986+ moTotal price12-mo lease
Rent Savings
Top rated for Location
“I have had no issues since moving here and highly reccomend.”
10 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Pet friendly, Garage + more
Trail Convenience
Prime location near Monon Trail and local amenities.
The Lodge at Trails Edge offers a vibrant lifestyle with its prime positioning along the popular Monon Trail, ideal for outdoor adventures like biking and walking. Residents enjoy the recently renovated spaces featuring modern kitchens with granite countertops. A short walk brings you to an array of shopping, dining, and entertainment options, ensuring convenience at your doorstep.
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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
“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.”
16 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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Oakbrook Village
$984
6098 Georgetown Road, Indianapolis, IN 46254
(727) 474-1312
Rent Savings
44 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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Estates of Creekside
$999
8055 Crossing Dr, Indianapolis, IN 46227
(507) 665-7293
Rent Savings
22 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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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
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
85 units available
Studio • 1 bed • 2 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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Meridian Court South
7266 Lockwood Ln, Indianapolis, IN 46217
(769) 666-6180
$900+ moTotal price12-mo lease
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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Spinnaker Court
3685 St Thomas Blvd, Indianapolis, IN 46214
(317) 659-7746
$950+ moTotal price12-mo lease
Rent Savings
23 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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Fountain Parc
4901 Whitton Place, Indianapolis, IN 46220
(765) 375-1497
$999+ moTotal price12-mo lease
Rent Savings
6 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Cats allowed, Recently renovated, Pool, Dog park, Air conditioning + more
Renovated Excellence
Newly renovated apartments offer vibrant city living.
Fountain Parc offers beautifully renovated apartments with fantastic amenities like in-unit laundry and a refreshing pool. Residents love the peaceful atmosphere and the friendly staff, creating a welcoming community. Located near the vibrant Broad Ripple area, enjoy easy access to restaurants, shops, and Downtown nightlife, just a short drive or walk away.
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A/62 Apartments
6111 Allisonville Road, Indianapolis, IN 46220
(463) 250-5328
$999+ moTotal price12-mo lease
6 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Carport, Gym + more
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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