
Apartments for Rent in Indianapolis, IN Under $1,500 (810 Rentals)Page 3 of 17


Quarry at River North

Somerset Lakes

The Landing Apartments

Versa

The Edge

Avia Lofts at Founders Road

Nine+Eighteen

The Timbers Apartments

Lockerbie Lofts

The Maywood at Speedway

The Elliott at College Park Apartment Homes

Latitudes Apartments

Warren Harbor Apartments

Lakeside Crossing at Eagle Creek Apartments and Townhomes

Sawmill Apartments

The Lodge at Trails Edge

Lakeshore Reserve Off 86th Apartments and Townhomes

Reserve at Franklin Glen

Penn Street Tower Apartments

The Villages of Bent Tree Apartments

The George Apartment Homes

Wyckford Commons

Parc Bordeaux Apartments

Avery Point Apartments

Aura Apartments

Deercross Apartments

Crooked Creek

Overlook at Valley Ridge Apartments

The Masters Apartments

Harbour Pointe

Oakbrook Village

Riley Towers

Ashton Pointe

Woods at Oak Crossing

Estates at Crystal Bay

The Avenue

Fox Club

The Preserve on Allisonville Townhomes

Aspen Pointe Apartments

Buckingham & Balmoral

Fishermans Village

Williamsburg North

Ralston Apartments

The Life at Creekside Reserve

5700 Madison Apartments & Edgewood on Madison

Capital Place

Timber Point Apartments

Strawbridge Green
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 Under $1500 | $1,244 | $585 | $6,201 |
Indianapolis 1 Bedroom Apartments Under $1500 | $1,422 | $285 | $4,072 |
Indianapolis 2 Bedroom Apartments Under $1500 | $1,720 | $700 | $7,871 |
Indianapolis 3 Bedroom Apartments Under $1500 | $2,018 | $899 | $8,137 |
Indianapolis 4 Bedroom Apartments Under $1500 | $2,045 | $700 | $5,850 |
Indianapolis 5 Bedroom Apartments | $5,926 | $2,450 | $10,000+ |
Browse Top Apartments in Indianapolis
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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 Indianapolis
How much are Studio apartments in Indianapolis?
There are currently 258 Studio Apartments in Indianapolis with rent ranges from $585 to $6,201 with an average price of $1,244.
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 $285 to $4,072 with an average monthly rent of $1,422.
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 $7,871. Today's average rental price for Two Bedrooms here is $1,720.
How expensive are Indianapolis Three Bedroom Apartments?
There are currently 441 Three Bedroom Apartments listings available in Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $899 to $8,137 - averaging $2,018 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.

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.

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.