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

The average rent for a studio apartment in Indianapolis is $1,236.

How expensive are one-bedroom apartments in Indianapolis?

The average rent for a one-bedroom apartment rental in Indianapolis is $1,248.

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

The average monthly rent for a two-bedroom apartment in Indianapolis is $1,483.

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

130 rentals available

1 of 13
Alpine Studios
5818 Flight School Drive, Indianapolis, IN 46221
(443) 747-7061
$892+ moTotal price12-mo lease
9 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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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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Heathmoore
$775
5984 Heathmoore Dr, Indianapolis, IN 46237
(812) 203-2164
8 units available
Studio • 1 bed • 2 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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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
318 Parkway Ave # C 1 Bed
1 Bed • 1 Bath
Base monthly rent
$650+
Available
Now
1106 N Gale Street 3
Studio • 1 Bath • 1196 sqft
Base monthly rent
$650+
Available
Now
4.7
Southport at Buck Creek
$959
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.”
23 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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Oasis
$984
4900 Edinborough Ln, Indianapolis, IN 46241
(507) 616-7745
Rent Savings
14 units available
1 bed • 2 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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Oakbrook Village
$1,009
6098 Georgetown Road, Indianapolis, IN 46254
(727) 474-1312
Rent Savings
31 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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Reflections
$799
7999 Silverleaf Drive, Indianapolis, IN 46260
(507) 616-7747
Rent Savings
28 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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Villages Of Bent Tree
$999
3210 Ramblewood Drive, Indianapolis, IN 46268
(507) 665-7295
Rent Savings
39 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Garage + 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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Retreat at Riverbend Apartment Homes
8850 River Bend Parkway, Indianapolis, IN 46250
(317) 483-0759
$922+ moTotal price12-mo lease
Rent Savings
85 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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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, $6000
3 Beds • 5 Baths • 2734 sqft
Base monthly rent
$6,000+
Available
Now
8131 Bounty Court 5 Bed
5 Beds • 4 Baths • 5350 sqft
Base monthly rent
$4,000+
Available
Now
11102 Outrigger Court 4 Bed
4 Beds • 3 Baths • 4416 sqft
Base monthly rent
$3,600+
Available
Now
311 Jordan Road 0 Bed
Studio • 1 Bath • 3200 sqft
Base monthly rent
$3,500+
Available
Now
Spinnaker Court
$950
3685 St Thomas Blvd, Indianapolis, IN 46214
(317) 659-7746
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
$999
1321 North Meridian Street, Indianapolis, IN 46202
(463) 232-8200
Rent Savings
88 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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Summit at Keystone
6630 Glenbrook Drive, Indianapolis, IN 46220
(317) 483-8518
$949+ moTotal price12-mo lease
33 units available
1 bed • 2 bed • 3 bed
Amenities
Patio / balcony, Granite counters, Dishwasher, Pet friendly, 24hr maintenance, Carport + more
Pet Oasis
Pet-friendly haven near parks and shopping
Summit at Keystone offers a pet-friendly atmosphere with both dogs and cats welcomed. Residents enjoy the nearby parks and convenient access to shopping and dining options in Indianapolis. The peaceful environment, along with a dedicated dog park, provides a delightful setting for pet owners.
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Garfield Park
$699
360 Sandra Lane, Indianapolis, IN 46227
(463) 255-5912
Rent Savings
13 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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Fisherman's Village Apartments
$839
2975 Coast Drive, Indianapolis, IN 46214
(317) 942-3180
Rent Savings
30 units available
1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Garage + 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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Chateau de Ville Apartments
$971
5370 Rue de Ville, Indianapolis, IN 46220
(317) 548-0371
Rent Savings
27 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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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