Top Rated Apartments for Rent in Indianapolis, IN Under $1,500 (172 Rentals)Page 3 of 4
Apartments in Indianapolis with the best features, newest construction, and richest amenities.

632 MLK Apartments

Brookhaven at County Line Senior Apartments

Arlington Farms

Muse Carmel

Sunrise on the Monon

Outlook Hamilton 55+ Active Adult Apartments

The Olivia

Courts of Valle Vista

Carmel Center

The Arbuckle

The Fishers District

The Madison at Greenwood

Hobbs Station

Apex at Perry Crossing

Nickel Plate Station

Copper Chase at Stones Crossing

The Ascent

Bayberry Place Apartments

Alinium at Zionsville

The Hangar on Emerson Apartments

Echo Park at Perry Crossing

Pullman Pointe

Double Creek Flats Apartments

Alexandria of Carmel Apartments

Reveal on Cumberland Apartments

Sunlake Apartments

Providence at Old Meridian

Ritchey Reserve

Westhaven Luxury Apartments

McCord Square Apartments

The Brixton

Sanctuary at Fishers

Residences on Ronald Reagan

Brownsburg Crossing
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 | $1,251 | $585 | $6,201 |
Indianapolis 1 Bedroom Apartments | $1,420 | $280 | $4,072 |
Indianapolis 2 Bedroom Apartments | $1,712 | $700 | $9,992 |
Indianapolis 3 Bedroom Apartments | $2,008 | $836 | $6,168 |
Indianapolis 4 Bedroom Apartments | $2,059 | $700 | $5,080 |
Indianapolis 5 Bedroom Apartments | $4,471 | $2,249 | $10,000+ |
Explore Indianapolis
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 Indianapolis
How much are Studio apartments in Indianapolis?
There are currently 253 Studio Apartments in Indianapolis with rent ranges from $462 to $6,201 with an average price of $2,153.
What is the current price range for One Bedroom Indianapolis Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Indianapolis ranges from $280 to $4,072 with an average monthly rent of $1,420.
What does renting a Two Bedroom Apartment in Indianapolis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Indianapolis range from $700 to $9,992. Today's average rental price for Two Bedrooms here is $1,712.
How expensive are Indianapolis Three Bedroom Apartments?
There are currently 437 Three Bedroom Apartments listings available in Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $836 to $6,168 - averaging $2,008 for the location.
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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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.