Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.
Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
Indianapolis Studio Apartments | $1,190 | $590 | $5,277 |
| Indianapolis 1 Bedroom Apartments | $1,388 | $497 | $4,071 |
| Indianapolis 2 Bedroom Apartments | $1,649 | $545 | $5,655 |
| Indianapolis 3 Bedroom Apartments | $2,029 | $626 | $8,554 |
| Indianapolis 4 Bedroom Apartments | $1,806 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $7,296 | $950 | $10,000+ |
There are currently 6011 available Studio apartment units from neighborhoods all over Indianapolis, IN that range in price from $590 to $5,277. Downtown Indianapolis, Cottage Home and Holy Cross are the neighborhoods that currently have the most Studio availability. Here is today's list of the top neighborhoods in Indianapolis with the most available Studio apartments:
| Neighborhood | Available Units | Median Price | Min Price |
|---|---|---|---|
| Downtown Indianapolis | 145 | $1,182 | $595 |
| Cottage Home | 124 | $1,205 | $655 |
| Holy Cross | 123 | $1,203 | $655 |
| Martindale | 112 | $1,105 | $590 |
| Herron Morton Place | 110 | $1,095 | $595 |
| Market East | 104 | $1,261 | $774 |
| North Meridian | 104 | $1,261 | $774 |
| Irish Hill | 103 | $1,265 | $774 |
| The Canal | 103 | $1,263 | $665 |
| Riverside | 98 | $1,012 | $595 |
The largest available Studio apartment unit in Indianapolis, IN is found at River House in the Nora neighborhood and is 1,815 square feet priced from $5,271. The Stella in the Near North Indianapolis neighborhood has the second largest Studio, which is sized at 804 square feet and currently listed start at $1,399. Here is today’s list of the largest available Studio units in Indianapolis:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| River House | Suite 200 | 1,815 Sq Ft | $5,271 |
| The Stella | Vega | 804 Sq Ft | $1,399 |
| Rise on Meridian | The Abbi | 708 Sq Ft | $1,534 |
| The Coil | S-A2 | 704 Sq Ft | $1,295 |
| South & Madison | E2 | 681 Sq Ft | $809 |
| Avant | S2 Studio | 677 Sq Ft | $1,412 |
| Lofts on Madison | Studio | 675 Sq Ft | $1,099 |
| Versa | Exhibit | 671 Sq Ft | $1,574 |
| Muse Carmel | Fox | 656 Sq Ft | $1,680 |
| The Vue | STUDIO APARTMENT | 530 Sq Ft | $1,258 |
As of April 04, 2026 the lowest priced Studio apartment unit in Indianapolis, IN is the 0 Bedroom 1 Bath - 23033 Model starting from $575 at D&T Nest in the Southeast Indianapolis neighborhood. The second most affordable Indianapolis Studio is the 0.1-p Model at The Villages at Mill Crossing starting at $590 in the Martindale neighborhood. The average price for all Studio apartments in Indianapolis is currently $1,190. Here is today’s list of the cheapest available Studio options in Indianapolis:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| D&T Nest | 0 Bedroom 1 Bath - 23033 | $575 |
| The Villages at Mill Crossing | 0.1-p | $590 |
| The Stratford | Studio | $620 |
| Meridian Towers | Studio Apartment | $629 |
| Glenstone Studios | Studio | $649 |
| INDY FLATS | Sherwood Std D | $655 |
| King's Reserve College Park 55+ Active Living | Studio King | $699 |
| Maple Creek Village | Studio | $700 |
| Dogwood Glen | Studio 1 Bath | $715 |
| Serenity Manor 55+ Independent Active Living | Studio | $715 |
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDiscover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleMoving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleDiscover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleLearn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
Read ArticleThe 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.
Indiana’s capital, Indianapolis, is the state’s largest city and it ranks 13th in the country for size. It sits near the convergence of the White River and Fall Creek. Recently, Forbes ranked Indianapolis as having one of the best downtowns in the country because of its appealing appearance as well as amenities like movie theaters, museums, art galleries, parks, retail shops and entertainment. Indianapolis has experienced moderate growth in the last few years, and currently has a population of nearly 840,000 residents.
In Indianapolis, if you are a sports fan, you are in luck. The city boasts many sports-related venues and activities. There is a lot to do if you love history, art, and the outdoors as well (in the warmer months, of course!). Here are some of the highlights the city has to offer:
See the most popular apartments and homes in Indianapolis, IN
Let everyone know!
Write a ReviewOne of Indiana's most beautiful cities!
Currently the most affordable Studio in Indianapolis is at D&T Nest listed at $575.
The average rent for a Studio Apartment in Indianapolis is $1,190.
Today's apartment with the most square footage in Indianapolis is a 1,815 square feet unit starting from $5,271 at River House.
The average size for a Studio rental in Indianapolis is currently 18,498 sq ft.
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.
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.
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.
Written by: Wendy Melton
My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
We'll check your Indianapolis review to ensure it meets our Review Guidelines.
Thank you!
