Gated Apartments for Rent in Indianapolis, IN Under $500 (1 Rental)
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 | $1,254 | $585 | $5,493 |
Indianapolis 1 Bedroom Apartments | $1,426 | $280 | $4,550 |
Indianapolis 2 Bedroom Apartments | $1,699 | $700 | $9,442 |
Indianapolis 3 Bedroom Apartments | $1,987 | $1,000 | $8,454 |
Indianapolis 4 Bedroom Apartments | $2,087 | $700 | $4,140 |
Indianapolis 5 Bedroom Apartments | $3,854 | $1,600 | $10,000+ |
Explore Indianapolis

Indianapolis, IN Local Guide
- Indianapolis Neighborhoods
- Nearby Cities
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Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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 Gated Indianapolis Apartments
What is the Cheapest Gated apartment in Indianapolis?
Currently the most affordable Gated Apartment in Indianapolis is at The Sheldrake Apartments listed at $585.
How much is the average rent for a Gated Indianapolis Apartment?
The average rent for a Gated Apartment in Indianapolis is $1,673.
What is the largest Gated Indianapolis Apartment for rent?
Today's Gated apartment with the most square footage in Indianapolis is a 3,058 square feet unit starting from $1,164 at Solana Apartments.
What is the average size for Indianapolis Gated Apartments for rent?
The average size for a Gated rental in Indianapolis is currently at 626 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.

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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.