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Apartments Under $1,000 in Indianapolis, IN

1 - 30 of 265 Results
35
3D Tour
$949
Lawrence Landing
Deal
4.4
6875 Faris Avenue Indianapolis, IN
1 BR | May. 26, 2026
Contact
Virtual Tour
Luxury
Air Conditioning
Surface Parking
In Unit Laundry
63
$979 - 999
PER
ROOM
The Avenue
930 W 10th St Indianapolis, IN
2 - 4 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Student
Luxury
17
$910
Woodbrook
4.2
5302 Woodbrook Dr Indianapolis, IN
1 BR | Jun. 2, 2026
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
22
3D Tour
$350
PER
ROOM
Tranquil Perry Township Home on a Quiet Cul-de-Sac
Deal
8109 Johnstown Ct Indianapolis, IN
1 BR | Available Now
Contact
Heat Included
House
In Unit Laundry
22
3D Tour
$325
PER
ROOM
Goldenrod Drive Charmer with Large Backyard Oasis
Deal
1252 Goldenrod Dr Indianapolis, IN
1 BR | Available Now
Contact
Heat Included
House
In Unit Laundry
21
3D Tour
$355
PER
ROOM
Charming Indianapolis Bungalow Near Garfield Park
Deal
701 W Hanna Ave Indianapolis, IN
1 BR | May. 18, 2026
Contact
Heat Included
House
In Unit Laundry
21
3D Tour
$325 - 370
PER
ROOM
Eastwind Court Haven with Modern Updates & Space to Grow
Deal
3321 Eastwind Ct Indianapolis, IN
1 BR | Available Now
Contact
Heat Included
House
In Unit Laundry
20
3D Tour
$370 - 475
PER
ROOM
Inviting urban haven with vintage charm and modern touches
Deal
1043 N Holmes Ave Indianapolis, IN
1 BR | Available Now
Contact
Heat Included
House
In Unit Laundry
18
3D Tour
$355 - 375
PER
ROOM
Vibrant Indianapolis haven with retro charm and contemporary updates
Deal
6115 Redcoach Ln Indianapolis, IN
1 BR | Available Now
Contact
Heat Included
House
In Unit Laundry
22
3D Tour
$435
PER
ROOM
Charming Indianapolis home close to Fort Harrison State Park and trails
Deal
8027 N Richardt Ave Indianapolis, IN
1 BR | Jun. 5, 2026
Contact
Heat Included
House
In Unit Laundry
26
$925
Marten Court Apartments
3.4
7852 Marten Ct Indianapolis, IN
1 BR | Available Now
Contact
Balcony/Deck/Patio
Dishwasher
8
$771
N Keystone Ave
Indianapolis, IN
1 BR | Ask for Availability
Contact
12
$549 - 899
Covington Square Apartments
115 S. High School Rd. Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
2
$540 - 799
Capital Place Apartments
4100 Continental Ct Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Balcony/Deck/Patio
Storage
6
$849
Spacious 1 Bed 1 Bath In The Heart Of Speedway!
5921 W 25th St Indianapolis, IN
1 BR | Available Now
Contact
8
$819 - 999
Harrison Point Apartments
9093 E Bourbon St Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
0
$850 - 899
English Village Apartments
545 English Village Dr Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
11
$849 - 999
Sawmill Apartments
3708 Lickridge Lane Dr Indianapolis, IN
1 - 2 BR | Available Now
Contact
Air Conditioning
9
$774 - 824
Nola Court Apartments
N Indianola Ave Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
8
$598 - 659
Central State Mansion
202 Steeples Blvd Indianapolis, IN
Studio | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Fitness Center
27
3D Tour
$798 - 1,294
Scarborough Lake Apartments
6430 Maidstone Rd Indianapolis, IN
Studio - 1 BR | May. 19, 2026
Contact
Virtual Tour
Air Conditioning
Fitness Center
Pool
5
$1,000
The Reese Apartments
5750 E Washington St Indianapolis, IN
1 BR | Jun. 10, 2026
Contact
Dog Friendly
Cat Friendly
15
$794 - 804
Penn Plaza
3671 N Pennsylvania St Indianapolis, IN
2 BR | May. 31, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
13
$999 - 1,527
5220 Luzzane Ln
Indianapolis, IN
1 BR | May. 29, 2026
Contact
Dog Friendly
Cat Friendly
Covered Parking
Surface Parking
Balcony/Deck/Patio
11
$569 - 1,105
East Village at Avondale Meadows Apartments
3810 Cooper Square Court Indianapolis, IN
2 BR | Available Now
Contact
Luxury
Income Restricted
Section 8
Air Conditioning
In Unit Laundry
5
$674 - 802
Balsam Avenue Apartments - The Courts
3605-3609 Balsam Indianapolis, IN
Studio - 1 BR | May. 25, 2026
Contact
Dog Friendly
Cat Friendly
Fitness Center
5
$875 - 1,000
Garden Pointe Apartments
5005 Lily Ln Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
22
$996
Lynhurst Park Apartments
2.6
3215 Joey Way Indianapolis, IN
1 BR | Available Now
Dog Friendly
Cat Friendly
Senior Community
Income Restricted
Air Conditioning
15
$849 - 905
Lakes At Crossbridge
2.8
7925 Crossbridge Dr Downtown Indianapolis, IN
1 - 2 BR | Available Now
Dog Friendly
Cat Friendly
Income Restricted
Air Conditioning
Fitness Center
37
$898 - 1,227
Waterstone Place Apartments
Deal
2755 Merlin Lake Drive Indianapolis, IN
1 BR | Available Now
Contact
Air Conditioning
Covered Parking
Balcony/Deck/Patio
Dishwasher
Pool
1 - 30 of 265 Results
  1. Home
  2. Indianapolis
  3. Apartments Under $1,000
Frequently Asked Questions

How many apartments under $1,000 are available in Indianapolis, IN on Rentable.co?

There are 265 apartments under $1,000 in Indianapolis currently available for rent on Rentable.co.

How many studio apartments under $1,000 are available in Indianapolis?

Rentable.co has 608 studio apartments under $1,000 available for rent in Indianapolis.

How many one-bedroom apartments under $1,000 are available in Indianapolis?

Rentable.co has 4,560 one-bedroom apartments under $1,000 available for rent in Indianapolis.

How many two-bedroom apartments under $1,000 are available in Indianapolis?

Rentable.co has 4,790 two-bedroom apartments under $1,000 available for rent in Indianapolis.

Can I afford a apartment under $1,000 in Indianapolis, IN?

To comfortably afford a apartment under $1,000 in Indianapolis based on average rent prices, a household would need an annual income of $35,000.

Which neighborhoods have the most apartments under $1,000 for rent in Indianapolis, IN?

  1. Old Northside
  2. Herron Morton
  3. Downtown Indianapolis
  4. Upper Canal
  5. Mapelton

Apartments Under $1,000 in Indianapolis, IN: May Rental Information

Welcome to the May 2026 Indianapolis Rent Report. In this comprehensive overview of the local rental market, Rentable's team of data scientists and rental experts dive into the key findings and figures for apartments priced under $1,000 in Indianapolis.

Our experts analyze the rental trends for apartments under $1,000, including the overall distribution of rent prices, availability based on the number of bedrooms, and month-over-month comparisons. This summary also provides insights into the available features, amenities, and location options for apartments under $1,000 in Indianapolis.

Whether you're a student searching for an affordable studio close to campus or a young professional looking for a budget-friendly one-bedroom apartment near downtown, this report will give you a valuable overview of the rental market for apartments under $1,000 in Indianapolis.
0 22 45 67 90 <$700 $740 $820 $900 $980 $1,060 $1,140 $1,220 $1,300 $1,380 $1,460 $1,540 >$1,620
This month, the typical cost to rent a one-bedroom apartment in Indianapolis stands at $1,100, with the majority falling between $740 and $1,570. Out of the 8,529 one-bedroom apartments currently on the market in Indianapolis, 3,568 are priced below $1,000, accounting for 42% of the total available one-bedroom units in Indianapolis.

Available Apartments Under $1,000: Indianapolis vs. Surrounding Areas

Indianapolis, IN
Speedway, IN
Lebanon, IN
Greenwood, IN
302
4
4
3
The chart above displays the number of available apartments under $1,000 in Indianapolis, IN and its surrounding cities for the month of May, 2026. The cities included in the chart, besides Indianapolis, are Westfield, Speedway, Whiteland, Cumberland, Avon, Danville, Plainfield, McCordsville, Meridian Hills, Brownsburg, Fishers, Carmel, Noblesville, Greenfield, Lawrence, Greenwood, Lebanon, Bargersville, Camby, Cicero, North Salem, Whitestown, Zionsville, Fortville, Ingalls, Hendricks, Beech Grove, Pittsboro, and New Palestine. In total, there are 308 apartments in the Indianapolis metro area that are priced under $1,000, offering a variety of options for renters searching for affordable housing in this region.

Apartments Under $1,000 Now vs. Last Month: Indianapolis and Surrounding Areas

City Apartments Under $1,000 in May M/M % Change
Indianapolis, IN 303 +1.04%
Speedway, IN 4 +0.96%
Lebanon, IN 4 +0.68%
Greenwood, IN 3 +1.1%
Beech Grove, IN 3 +1.06%
Noblesville, IN 3 +0.75%
Carmel, IN 2 +0.92%
Westfield, IN 2 +1.08%
Brownsburg, IN 2 +1.0%
Lawrence, IN 2 +1.08%

Looking for Apartments Under $1,000 in Indianapolis?

Available apartments under $1,000 10,468
Top amenities Fitness Center, Dishwasher, On Site Laundry, Refrigerator, Range / Oven
Deals 87
Pet friendly 563
Utilities included 62
Furnished 32
Studio 96
1 Bedroom 359
2 Bedroom 262
Square footage 254 - 1,300

Where are Indianapolis Apartments Under $1,000?

Top Neighborhoods Old northside, Herron morton, Downtown indianapolis, Upper canal, Mapelton
Old Northside 7
Herron Morton 6
Downtown Indianapolis 5
Upper Canal 5
Mapelton 5
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