Apartments Under $500 in Indianapolis, IN

1 - 8 of 8 Results
25
$458
3777 N Meridian St Indianapolis, IN
Studio | Available Now
Contact
Income Restricted
Fitness Center
Dishwasher
4
$300
Indianapolis, IN
Studio | Available Now
Contact
$447
875 Massachusetts Ave Indianapolis, IN
1 BR | Available Now
Contact
Income Restricted
Surface Parking
In Unit Laundry
Balcony/Deck/Patio
Storage
12
$ Ask - 863
6430 Maidstone Road Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Pool
12
3D Tour
$449 - 489
9000 N College Avenue Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Pool
19
$ Ask - 1,689
2910 A White Knight Blvd Indianapolis, IN
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
Air Conditioning
Balcony/Deck/Patio
29
$ Ask - 950
311 S Lasalle St Santa Barbara, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
In Unit Laundry
Fitness Center
9
$ Ask - 1,230
1430 & 1420 Madison Ave. Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
1 - 8 of 8 Results
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Apartments Under $500 in Indianapolis, IN: June Rental Information

Welcome to the June 2024 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 2024 key findings and figures for the Indianapolis rental landscape.

Our experts analyze the inventory trends for apartments under $500 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Indianapolis and surrounding areas. This summary also provides insight into available features and amenities, as well as location options for apartments under $500 in Indianapolis.

If you're searching for an affordable apartment in Indianapolis, this report will provide you with valuable information and help you make an informed decision. Whether you're a student looking for a budget-friendly studio near a university or a young professional seeking an affordable one-bedroom in a vibrant neighborhood, the Rentable Apartment Report has got you covered. Stay tuned for the latest data and trends in the Indianapolis rental market.
0 15 30 45 60 <$700 $720 $760 $800 $840 $880 $920 $960 $1,000 $1,040 $1,080 $1,120 $1,160 $1,200 $1,240 $1,280 $1,320 $1,360 $1,400 $1,440 $1,480
This month, the typical cost to rent a one-bedroom apartment in Indianapolis stands at $1,020, with the majority falling between $670 and $1,540. Out of the 7,315 one-bedroom apartments currently on the market in Indianapolis, 27 are priced below $500, accounting for 0% of the total available one-bedroom units in Indianapolis.

Available Apartments Under $500: Indianapolis vs. Surrounding Areas

Indianapolis, IN
Greenwood, IN
39
3
Welcome to Rentable's "Apartments Under $500 in Indianapolis, IN" page. Here, you can find a comprehensive overview of the availability and rent prices of apartments in Indianapolis, IN, and the surrounding areas. As of June 2024, the chart above displays the number of available apartments priced under $500 in Indianapolis, IN, as well as the neighboring cities of 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 the entire Indianapolis, IN metro area, there are a total of 22 apartments currently available within this price range.

Apartments Under $500 Now vs. Last Month: Indianapolis and Surrounding Areas

City Apartments Under $500 in June M/M % Change
Indianapolis, IN 40 +1.0%
Greenwood, IN 3 +1.0%
Noblesville, IN 2 +1.0%
Lebanon, IN 2 +1.2%
Avon, IN 1 +1.0%
Plainfield, IN 1 +1.0%
McCordsville, IN 1 +1.0%
Greenfield, IN 1 +1.0%
Brownsburg, IN 1 +1.0%
Carmel, IN 1 +1.0%

Looking for Apartments Under $500 in Indianapolis?

Available apartments under $500 584
Top amenities Dishwasher, Refrigerator, Range / Oven, Microwave, High Speed Internet
Deals 2
Pet friendly 23
Utilities included 1
Studio 9
1 Bedroom 11
2 Bedroom 15

Where are Indianapolis Apartments Under $500?

Top Neighborhoods Downtown indianapolis, Upper canal, Herron morton
Downtown Indianapolis 1
Upper Canal 1
Herron Morton 1