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Apartments for Rent in Indianapolis, IN Under $500(31 Rentals)
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from $4941 Bedroom Apartments Available Now
Canal Gardens
1249 Dr Martin Luther King Jr StIndianapolis, IN 46202
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from $4671 to 2 Bedroom Apartments
Lafayette Landing at Kessler
2333 Lafayette RdIndianapolis, IN 46222
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from $3561 to 2 Bedroom Apartments
Broadstone Pointe Senior Apartments
8121 McLavery WayBrownsburg, IN 46112
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from $3471 to 4 Bedroom Apartments
The Commons at Wynne Farms Apartments
2828 Redrock Rd WBrownsburg, IN 46112
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from $3261 to 2 Bedroom Apartments
Cottages at Sheek Road Apartments
1759 Sheek RdGreenwood, IN 46143
Showing Results 1-31, Page 1 of 1
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 $500 | $1,233 | $585 | $6,600 |
| Indianapolis 1 Bedroom Apartments Under $500 | $1,381 | $278 | $4,900 |
| Indianapolis 2 Bedroom Apartments Under $500 | $1,654 | $675 | $6,386 |
| Indianapolis 3 Bedroom Apartments Under $500 | $2,011 | $759 | $6,961 |
| Indianapolis 4 Bedroom Apartments Under $500 | $1,627 | $609 | $3,890 |
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Indianapolis, IN Local Guide
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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 221 Studio Apartments in Indianapolis with rent ranges from $585 to $6,600 with an average price of $1,233.
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 $278 to $4,900 with an average monthly rent of $1,381.
What does renting a Two Bedroom Apartment in Indianapolis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Indianapolis range from $675 to $6,386. Today's average rental price for Two Bedrooms here is $1,654.
How expensive are Indianapolis Three Bedroom Apartments?
There are currently 378 Three Bedroom Apartments listings available in Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $759 to $6,961 - averaging $2,011 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.
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.
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
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.
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.
Navigating the World of Low-Income Housing: A Comprehensive Guide
Written by: Kevin Ready
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.