Apartments for Rent in Indianapolis, IN Under $600 (51 Rentals)

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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727 Fairfield Ave
1 Bedroom Apartments

727 Fairfield Ave

727 Fairfield AveIndianapolis, IN 46205
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Butler Place
Studio to 1 Bedroom Apartments

Butler Place

5230 E Washington StIndianapolis, IN 46219
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VILLAGE AT FALL CREEK
Studio to 1 Bedroom Apartments

VILLAGE AT FALL CREEK

3520-3534 Fall Creek Parkway North DrIndianapolis, IN 46205
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Hampshire Court
1 to 2 Bedroom Apartments

Hampshire Court

2455 Rolls DrIndianapolis, IN 46268
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Marblehead
Studio to 2 Bedroom Apartments

Marblehead

3310 N Meridian StIndianapolis, IN 46208
  • Utilities Included

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.

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Rotherwood
Studio to 2 Bedroom Apartments

Rotherwood

1503 N Pennsylvania StIndianapolis, IN 46202
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Sherman Forest
Studio to 4 Bedroom Apartments

Sherman Forest

3615 Sherman Forest DrIndianapolis, IN 46205
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16 Park Apartments
1 to 4 Bedroom Apartments

16 Park Apartments

1621 N Park AveIndianapolis, IN 46202
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THE COURTS OF MONON
Studio to 1 Bedroom Apartments

THE COURTS OF MONON

3605-3609 Balsam AveIndianapolis, IN 46205
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Emerson Place
1 to 3 Bedroom Apartments

Emerson Place

2110 Emerson Knoll PlIndianapolis, IN 46218
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Parkside At Tarkington
1 to 2 Bedroom Apartments

Parkside At Tarkington

3901 N Meridian StIndianapolis, IN 46208
Senior Living

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Charmwood Terrace
1 to 2 Bedroom Apartments

Charmwood Terrace

3419 N Pennsylvania StIndianapolis, IN 46205
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34 North Apartments
Studio to 4 Bedroom Apartments

34 North Apartments

3402 N Meridian StIndianapolis, IN 46208
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New Bridge Apartments
Studio to 4 Bedroom Apartments

New Bridge Apartments

2372 Beckwith DrIndianapolis, IN 46218
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Fisher Apartments
Studio Apartments

Fisher Apartments

5125 W 10th StIndianapolis, IN 46224
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Addison Creek
1 to 4 Bedroom Apartments

Addison Creek

58 Port Ocall DrIndianapolis, IN 46224
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Colonial Park
1 to 2 Bedroom Apartments

Colonial Park

4421 E Washington StIndianapolis, IN 46201
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Check Out Indianapolis’s Best Affordable Neighborhoods

Learn about Indianapolis and the best places to live with original content written by our Local Expert Wendy Melton

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Breeza 32 Apartments
2 Bedroom Apartments

Breeza 32 Apartments

622 Wooddale TerGreenwood, IN 46142
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Arbor Manor
Studio to 3 Bedroom Apartments

Arbor Manor

212 Churchill DrMooresville, IN 46158
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Beacon Pointe Apartments
1 to 3 Bedroom Apartments

Beacon Pointe Apartments

1206 Beacon Pointe DrGreenwood, IN 46143
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Francis Apartments
1 to 2 Bedroom Apartments

Francis Apartments

1819 Main StBeech Grove, IN 46107
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Kinnley Court
1 to 2 Bedroom Apartments

Kinnley Court

3650 Clarks Creek RdPlainfield, IN 46168
Senior Living
  • Utilities Included
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Main Street Commons
1 to 2 Bedroom Apartments

Main Street Commons

635 E Main StGreenwood, IN 46143
Senior Living
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Indianapolis, IN Local Guide

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.

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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

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 $5,493 with an average price of $1,253.

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 $345 to $4,292 with an average monthly rent of $1,430.

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 $9,463. Today's average rental price for Two Bedrooms here is $1,714.

How expensive are Indianapolis Three Bedroom Apartments?

There are currently 434 Three Bedroom Apartments listings available in Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $1,010 to $9,674 - averaging $2,019 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.

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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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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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.

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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.