Studio Apartments for Rent in Indianapolis, IN(223 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: December 26, 2024

There are currently 2866 available Studio apartment units from neighborhoods all over Indianapolis, IN that range in price from $495 to $6,600. Downtown Indianapolis, Wholesale District and Near Southside 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 Indianapolis78$1,199$550
Wholesale District55$1,255$999
Near Southside48$1,275$699
Fletcher Place47$1,282$999
Riverside47$1,115$515
Circle City46$1,146$550
Lockerbie Square46$1,146$550
Mass Ave Arts District46$1,160$550
Riley43$1,144$550
St Joseph43$1,135$550

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 $5,283. Wheeler Lofts in the Concord neighborhood has the second largest Studio, which is sized at 1,021 square feet and currently listed start at $1,359. Here is today’s list of the largest available Studio units in Indianapolis:

Apartment ListingModel NameSquare FootagePriced From
River HouseSuite 1001,665 Sq Ft$5,283
Wheeler LoftsA1,021 Sq Ft$1,359
The Coil1-A7956 Sq Ft$1,499
Overture at Proscenium ApartmentsLona835 Sq Ft$1,405
Broad Ripple TrailsSTUD-S752 Sq Ft$839
The State at FishersCreative - 0.1739 Sq Ft$1,359
The Whit ApartmentsWalnut II739 Sq Ft$1,260
Notch at NoraStudio723 Sq Ft$1,399
Rise on MeridianThe Abbi708 Sq Ft$1,470
The VueSTUDIO APARTMENT530 Sq Ft$1,303

Cheapest Available Indianapolis Studio Apartments

As of December 26, 2024 the lowest priced Studio apartment unit in Indianapolis, IN is the Studio Apartment Model starting from $659 at Meridian Towers in the Martindale 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 $1,230. Here is today’s list of the cheapest available Studio options in Indianapolis:

Apartment ListingModel NamePriced From
Meridian TowersStudio Apartment$659
Pinnacle WestStudio$699
Autumn Trails ApartmentsThe Maple$699
Ashgrove ApartmentsStudio$705
Franklin StudiosStudio$725
Cambridge CommonsStudio$725
Rosewood CommonsStudio$729
The WashingtonStudio$740
Waterbury ApartmentsStudio$749
Glenstone StudiosStudio$749

Quick Rent Budget Calculator

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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:

Indianapolis, IN
Population: 867,125

Ranked #17

in US Census Population by City

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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 Meridian Towers listed at $659.

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

The average rent for a Studio Apartment in Indianapolis is $1,230.

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 $5,283 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 520 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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Signing Your Apartment Lease: The Basics

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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.

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Real Estate Term Glossary: Your Guide to The A to Zs of Renting

Written by: Kevin Ready

Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.

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Navigating the World of Low-Income Housing: A Comprehensive Guide

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Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.