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Studio Apartments for Rent in Indianapolis, IN

758 Rentals
.
  6. Rent Special
    Rent Special
    |
    STUDIO
    $1,031
    Total Monthly Price Total Monthly Price New
    Base Rent$947 - $1,065
    Required Monthly Fees$84 - $112
    Total Monthly Price$1,031 - $1,177

    Lake Castleton Apartments

    7601 Carlton Arms Dr, Indianapolis, IN 46256
    (463) 223-4261
  16. Rent Special
    Rent Special
    |
    STUDIO
    $1,264

    Pinnex

    931 Fletcher Ave, Indianapolis, IN 46203
    (463) 230-6846
  18. 1 Month Free
    1 Month Free
    |
    STUDIO
    $1,195

    Riverview

    460 N White River Pkwy West Dr, Indianapolis, IN 46222
    (463) 223-7576
  29. Good Value
    STUDIO
    $910
    Total Monthly Price Total Monthly Price New
    Base Rent$895 - $1,650
    Required Monthly Fees$15
    Total Monthly Price$910 - $1,665

    9 On Canal

    335 W 9th St, Indianapolis, IN 46202
    (463) 209-7169
Showing 42 of 186 results, Page 1 of 5

Living & Renting in Indianapolis

Indianapolis at a Glance

Average Rent

$1,119
(All bedrooms and property types)
Learn more about
Average Rent in Indianapolis
8

School Rating

out of 10 Rating
Learn more about
Schools in Indianapolis

Indianapolis, IN Apartments for Rent

Indianapolis, the "Crossroads of America," serves as Indiana's capital and largest city, strategically positioned where major interstates connect the Midwest to the rest of the nation. If you're searching for apartments for rent in Indianapolis, you'll discover an affordable market with one-bedroom units averaging $1,108 per month—making it a smart choice for budget-conscious renters who want quality housing without big-city price tags.

Renting in Indianapolis opens doors to diverse neighborhoods that match different lifestyles and preferences. Downtown's Mile Square district puts you steps from offices, entertainment venues, and the scenic Canal Walk, while Broad Ripple offers a more relaxed atmosphere with local shops and direct access to the popular Monon Trail for outdoor enthusiasts. The city's robust job market spans healthcare, manufacturing, and logistics sectors, with major employers offering stable career opportunities. You'll enjoy reasonable commute times of 20-30 minutes throughout the city, plus easy access to attractions like Lucas Oil Stadium, the Indianapolis Motor Speedway, Eagle Creek Park, and a thriving arts scene in neighborhoods like Fountain Square.

Renting in Indianapolis

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Indianapolis

(For 1 bedroom apartments)

Education

Public University
Public University
Public University
Private University
Private University
GreatSchools Rating
Franklin Central High School

Public High School

Public
Grades 9-12
3,319 Students
GreatSchools Rating
Perry Meridian High School

Public High School

Public
Grades 9-12
2,350 Students
GreatSchools Rating
Herron High School

Public High School

Public
Grades 9-12
995 Students
GreatSchools Rating
North Central High School

Public High School

Public
Grades 9-12
3,628 Students
GreatSchools Rating
Ben Davis University High School

Public High School

Public
Grades 9-12
358 Students
GreatSchools Rating
Franklin Central Junior High

Public Middle School

Public
Grades 6-8
1,711 Students
GreatSchools Rating
Paramount Cottage Home

Public Elementary School

Public
Grades K-5
265 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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Indianapolis Apartments for Rent in Your Budget

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