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


1635 Cruft St

1748 N Bancroft St

3321 Eastwind Ct

3712 Oil Creek Dr

1252 Goldenrod Dr

1531 N Downey Ave

5329 Hedgerow Dr

6115 Redcoach Ln

701 W Hanna Ave
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.

1043 N Holmes Ave

8149 Trevellian Way

6702 Georgetown Rd

VILLAGE AT FALL CREEK
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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
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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

The Commons at Wynne Farms Apartments
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 $600 | $1,253 | $585 | $5,493 |
Indianapolis 1 Bedroom Apartments Under $600 | $1,430 | $345 | $4,292 |
Indianapolis 2 Bedroom Apartments Under $600 | $1,714 | $700 | $9,463 |
Indianapolis 3 Bedroom Apartments Under $600 | $2,019 | $1,010 | $9,674 |
Indianapolis 4 Bedroom Apartments Under $600 | $2,189 | $700 | $4,620 |
Indianapolis 5 Bedroom Apartments | $4,732 | $2,135 | $10,000+ |
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Indianapolis, IN Local Guide
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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 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.

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
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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 Budget: Calculating What You Can Realistically Afford When Renting
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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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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.