1 Bedroom Apartments for Rent in Indianapolis, IN Under $1,500 (658 Rentals)

Industry Indianapolis

Meridian Court South

Lake Clearwater Apartments

TGM Autumn Woods

Bishop Pond Residences Apartments

Kingston Square Apartments

Eagle Lake Landing

9 on Canal

Serenity Park Apartments
Check Out Indianapolis’s Best Affordable Neighborhoods
Learn about Indianapolis and the best places to live with original content written by our Local Expert Wendy Melton

Brookwood Apartments

Lake Castleton

The Meridian North and South

Iron Trail Apartments & Townhomes

Residence on Penn

Gathyr Apartments

Wesmont

Pinnex

10 West Apartments

Enclave at Eagle Creek Apartments

Lakes of Windsor

Artistry Indy

Stadium Lofts & Flats

Chateau in the Woods

The Fort Apartments

Edison at Meridian Hills

Ironworks at Keystone

CityWay

The Sycamores

Knoll Ridge Townhomes & Apartments

Bayview Club Apartments

Parkside at Castleton Square Apartments and Townhomes

Solana Apartments

Circa Apartments

Scandia Apartments

Keeneland Crest Apartments

Martinique Terrace

Aspen Lakes

Cosmopolitan on the Canal

Idlewood Apartments

The Lakes Apartments

Willow Lake Apartments

Park at Eagle Creek

Castle Creek Apartments

Canal Square
Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Indianapolis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Indianapolis Studio Apartments | $1,277 | $585 | $6,600 |
Indianapolis 1 Bedroom Apartments | $1,440 | $307 | $4,900 |
Indianapolis 2 Bedroom Apartments | $1,740 | $699 | $7,903 |
Indianapolis 3 Bedroom Apartments | $2,080 | $899 | $8,118 |
Indianapolis 4 Bedroom Apartments | $1,663 | $699 | $3,890 |
Indianapolis 5 Bedroom Apartments | $1,830 | $1,830 | $1,830 |
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Indianapolis, IN Local Guide
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Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Getting Around Indianapolis, IN
Walk Score®
50 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
53 / 100
Bikeable
Some bike infrastructure
Transit Score®
29 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about 1 Bedroom Indianapolis Apartments
What is the Cheapest apartment in Indianapolis with 1 Bedroom?
Currently the most affordable 1 Bedroom in Indianapolis is at 1531 N Downey Ave listed at $285.
How much is the average rent for a 1 Bedroom Indianapolis Apartment?
The average rent for a 1 Bedroom Apartment in Indianapolis is $1,440.
What is the largest available 1 Bedroom Indianapolis Apartment for rent?
Today's apartment with the most square footage in Indianapolis is a 1,499 square feet unit starting from $1,347 at Ralston Apartments.
What is the average size for Indianapolis 1 Bedroom Apartments for rent?
The average size for a 1 Bedroom rental in Indianapolis is currently 731 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
Written by: Wendy Melton
Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.