Studio Apartments for Rent in Indianapolis, IN (239 Rentals)

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Indianapolis, IN Local Guide

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Written By:
Justin Habersaat
Editing Staff

Indianapolis Studio Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: February 26, 2025

There are currently 79199 available Studio apartment units from neighborhoods all over Indianapolis, IN that range in price from $585 to $6,600. Downtown Indianapolis, Wholesale District and Fletcher Place 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:

NeighborhoodAvailable UnitsMedian PriceMin Price
Downtown Indianapolis2004$1,243$585
Wholesale District1599$1,296$992
Fletcher Place1509$1,327$992
Near Southside1509$1,309$699
Chatham Arch1404$1,282$992
Southern Wayne1368$1,255$775
Brookside1362$1,300$992
Barrington1357$1,299$992
Fountain Square1355$1,309$992
Lockerbie Square1349$1,196$605

Largest Available Indianapolis Studio Apartments

The largest available Studio apartment unit in Indianapolis, IN is found at River House in the Warfleigh neighborhood and is 1,665 square feet priced from $5,271. Overture at Proscenium Apartments in the Beacon Point neighborhood has the second largest Studio, which is sized at 835 square feet and currently listed start at $1,415. Here is today’s list of the largest available Studio units in Indianapolis:

Apartment ListingModel NameSquare FootagePriced From
River HouseSuite 1001,665 Sq Ft$5,271
Overture at Proscenium ApartmentsLona835 Sq Ft$1,415
The State at Fishers ApartmentsCreative 0.1739 Sq Ft$1,379
Cosmopolitan on the CanalChicago721 Sq Ft$1,365
Rise on MeridianThe Abbi708 Sq Ft$1,470
Canal Overlook ApartmentsStudio694 Sq Ft$1,506
AYRBoutique677 Sq Ft$1,385
Pulliam SquareS2661 Sq Ft$1,362
The VueSTUDIO APARTMENT530 Sq Ft$1,065
Lockerbie FlatsStudio521 Sq Ft$1,095

Cheapest Available Indianapolis Studio Apartments

As of February 26, 2025 the lowest priced Studio apartment unit in Indianapolis, IN is the Studio Model starting from $699 at Glenstone Studios in the Meridian-Kessler neighborhood. The second most affordable Indianapolis Studio is the Studio Model at Pinnacle West starting at $699 in the West Wayne neighborhood. The average price for all Studio apartments in Indianapolis is currently $1,275. Here is today’s list of the cheapest available Studio options in Indianapolis:

Apartment ListingModel NamePriced From
Glenstone StudiosStudio$699
Pinnacle WestStudio$699
Meridian TowersStudio Apartment$699
Cambridge CommonsStudio$709
Franklin StudiosStudio$725
Rosewood CommonsStudio$739
5700 Madison Apartments & Edgewood on MadisonEdgewood - Cypress$740
Autumn Trails ApartmentsThe Maple$749
Waterbury ApartmentsStudio$750
Ashgrove ApartmentsStudio$750

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Indianapolis Overview

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.

Why live in Indianapolis, IN?

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:

Pet Friendly Lifestyle
Indianapolis, IN

Ranked #1

Among cities in Indiana for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Indianapolis, IN Rentals by Map

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See the most popular apartments and homes in Indianapolis, IN

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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 Studio Indianapolis Apartments

What is the Cheapest apartment in Indianapolis with Studio?

Currently the most affordable Studio in Indianapolis is at Glenstone Studios listed at $699.

How much is the average rent for a Studio Indianapolis Apartment?

The average rent for a Studio Apartment in Indianapolis is $1,275.

What is the largest available Studio Indianapolis Apartment for rent?

Today's apartment with the most square footage in Indianapolis is a 1,665 square feet unit starting from $5,271 at River House.

What is the average size for Indianapolis Studio Apartments for rent?

The average size for a Studio rental in Indianapolis is currently 530 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.

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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.

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How Your Move-In Inspection Can Protect Your Security Deposit

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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.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.

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What to Know About Fees and Fines When Renting

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When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.