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Serenity at Indianapolis (55+ Senior Community)
(463) 222-0945
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King's Reserve at College Park
(317) 751-2590
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Artistry Indy
(463) 465-1034
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Pangea Cedars
(877) 564-6570
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Pangea Vineyards
(844) 949-3518
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Meridian Towers Apartments
(812) 505-3484
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Pinnex
(833) 558-1938
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The MK
(855) 944-0543
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Hanna Village Apartments
(317) 781-1266
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Marten Court Apartments
(463) 300-6563
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The Vue Luxury Apartments
(844) 917-0421
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Pangea Groves
(812) 609-6349
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Edge 35
(217) 776-9870
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Fountainhead Apartments
(317) 922-1778
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The Enclave At Meridian Apartments
(574) 475-7311
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34 North Apartments
(317) 939-4264
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Riley Towers Apartments
(317) 434-1215
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Ardmore
(317) 638-4444
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M Club
(317) 542-1001
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5005 Lily Ln
(317) 820-2573
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6306 Hardegan St
(317) 316-3410
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Scarborough Lake Apartments
(844) 445-8296
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Indy Flats
(317) 653-3340
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Fishermans Village
(317) 740-1811
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Cambridge Commons
(317) 559-3836
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Lakeside Point At Nora
(317) 844-9991
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Circa Apartments
(833) 996-1843
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Lake Castleton
(855) 904-4492
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28 E 16Th St
(463) 777-2692
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Rosewood Commons
(317) 559-3832
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Studio Apartments in Indianapolis, IN

1 of 82 Results
38
$675 - 825
Serenity at Indianapolis (55+ Senior Community)
1123 North Edmondson Avenue Indianapolis, IN
Studio | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Virtual Tour
Senior Community
13
$1,075
King's Reserve at College Park
8810 Colby Blvd Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Senior Community
Air Conditioning
Balcony, Deck, Patio
47
$1,061 - 2,929
Artistry Indy
Deal
5.0
451 Emarket St Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony, Deck, Patio
Storage
Downtown Indianapolis
15
$624 - 796
Pangea Cedars
3417 N Rybolt Ave Indianapolis, IN
Studio | Mar. 24, 2023
Contact
Dog Friendly
Cat Friendly
Covered Parking
15
$673 - 857
Pangea Vineyards
10101 E Montery RD Indianapolis, IN
Studio | May. 2, 2023
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Balcony, Deck, Patio
14
$519 - 710
Meridian Towers Apartments
3710 N Meridian St Indianapolis, IN
Studio | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
52
$1,274 - 2,009
Pinnex
Deal
5.0
931 Fletcher Avenue Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
35
$1,391 - 2,264
The MK
Deal
3.4
5858 N College Ave Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony, Deck, Patio
22
Call for Pricing
Hanna Village Apartments
2.2
4020 Hanna Village Drive Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony, Deck, Patio
42
Call for Pricing
Marten Court Apartments
3.4
7852 Marten Ct Indianapolis, IN
Studio | Nov. 1, 2023
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony, Deck, Patio
50
$2,773
The Vue Luxury Apartments
718 E Georgia St. Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Balcony, Deck, Patio
Fitness Center
23
$719 - 959
Pangea Groves
5018 Lemans Dr Indianapolis, IN
Studio | Apr. 4, 2023
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony, Deck, Patio
Fitness Center
54
$1,017 - 2,198
Edge 35
Deal
4.0
1224 Prospect St Indianapolis, IN
Studio | May. 29, 2023
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Storage
55
$740
Fountainhead Apartments
2.2
8101 Laguna Drive Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Dishwasher
25
$458
The Enclave At Meridian Apartments
3.2
3777 N Meridian St Indianapolis, IN
Studio | Available Now
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Income Restricted
Fitness Center
Dishwasher
28
$799
34 North Apartments
3402 N Meridian St Indianapolis, IN
Studio | Available Now
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Income Restricted
Air Conditioning
Fitness Center
Storage
17
$867 - 1,127
Riley Towers Apartments
4.0
Indianapolis, IN
Studio | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
86
$1,280
Ardmore
Deal
231 N Pennsylvania St Indianapolis, IN
Studio | Apr. 17, 2023
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
In Unit Laundry
17
$649 - 749
M Club
1.0
7007 Courthouse Dr Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Balcony, Deck, Patio
Fitness Center
4
$769
5005 Lily Ln
Indianapolis, IN
Studio | May. 12, 2023
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony, Deck, Patio
16
$1,600
6306 Hardegan St
Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
12
$817 - 847
Scarborough Lake Apartments
6430 Maidstone Road Indianapolis, IN
Studio | Apr. 18, 2023
Contact
Dog Friendly
Cat Friendly
Fitness Center
Pool
25
$549 - 749
Indy Flats
2.0
1304 N. Delaware Street Indianapolis, IN
Studio | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Income Restricted
Section 8
Fitness Center
53
$869 - 1,119
Fishermans Village
2.8
2975 Coast Drive Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
Pool
8
$619 - 649
Cambridge Commons
2.8
4959 Oakhurst Drive Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
12
3D Tour
$449 - 489
Lakeside Point At Nora
Deal
9000 N College Avenue Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony, Deck, Patio
Pool
26
$1,410 - 1,606
Circa Apartments
617 North College Avenue Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony, Deck, Patio
Fitness Center
Pool
49
$750 - 825
Lake Castleton
3.6
7601 Carlton Arms Dr Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony, Deck, Patio
Fitness Center
4
$700 - 800
28 E 16Th St
Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony, Deck, Patio
Storage
Disability Access
10
$659 - 724
Rosewood Commons
4.0
5549 Rosewood Commons Dr. Indianapolis, IN
Studio | Available Now
Contact
Air Conditioning
Balcony, Deck, Patio
1 - 30 of 82 Results
  1. Home
  2. Indianapolis
  3. Studio Apartments

How much does it cost to rent an apartment in Indianapolis?

Indianapolis Apartments
Bed Type Average Rent Range
Studio $840 $520 - $1,520
1BR $980 $650 - $1,630
2BR $1,100 $730 - $1,910
3BR $1,400 $820 - $2,280
4+BR $1,550 $830 - $3,200
Frequently Asked Questions

How many apartments are available in Indianapolis, IN on Rentable.co?

Rentable.co has over 46,612 apartments available in Indianapolis.

What is the average rent for a studio apartment in Indianapolis, IN?

The average rent for a studio apartment in Indianapolis is around $840 per month.

What is the average rent for a one-bedroom apartment in Indianapolis, IN?

The average rent for a one-bedroom apartment in Indianapolis is around $980 per month.

What is the average rent for a two-bedroom apartment in Indianapolis, IN?

The average rent for a two-bedroom apartment in Indianapolis is around $1,100 per month.

How expensive is living in Indianapolis, IN?

Based on average rent prices in Indianapolis, to afford a studio apartment you would need an annual salary of $34,000 to live comfortably.

How many studio apartments are available in Indianapolis, IN on Rentable.co?

Rentable.co has 82 studio apartments available for rent in Indianapolis.

Which neighborhoods have the most studio apartments for rent in Indianapolis, IN?

  1. Old Northside
  2. Fletcher Place
  3. Downtown Indianapolis
  4. Upper Canal
  5. Woodruff Place

Asset 2
Apartments by Bedrooms
1 Bedroom Apartments
2 Bedroom Apartments
3 Bedroom Apartments
4 Bedroom Apartments
Studio Apartments
Apartments by Affordability
Cheap Apartments
Apartments Under $500
Apartments Under $600
Apartments Under $700
Apartments Under $800
Apartments Under $900
Apartments Under $1,000
Apartments Under $1,200
Apartments with Amenities
Apartments With Utilities Included
Furnished Apartments
Pet Friendly Apartments
Virtual Tour Apartments
Apartments with Move In Specials
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Student Apartments
Houses For Rent
Senior Apartments and Housing
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Condos For Rent

Indianapolis:
March Rent Report

Welcome to the March 2023 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2023 key findings and figures for the Indianapolis rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Indianapolis and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Indianapolis average rent prices in the chart below.

Monthly Rent Report

Indianapolis Rent Prices Increase From February to March

Indianapolis rent prices increased over the last month. From February to March, the city experienced a 0.21% increase for the price of a one-bedroom apartment. The rent price for a Indianapolis one-bedroom apartments currently stands at $944.0.

When we take a look at the two-bedroom comparison from February to March, Indianapolis experienced a -1.46% decrease for the price of a two-bedroom apartment. The rent price for a Indianapolis two-bedroom apartments currently stands at $1,216.0.

March Prices: Indianapolis vs. Surrounding Areas

Rent Prices in Indianapolis and Surrounding Areas

Rent prices have increased in Indianapolis over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 2 of the Indianapolis suburbs increased last month. On the other hand, 4 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Greenwood, IN, Camby, IN .

  • Rent decreased in Carmel, IN, Westfield, IN, Noblesville, IN, Lawrence, IN.

  • 4 suburbs are currently priced higher than the city of Indianapolis.

  • 2 suburbs are currently priced lower than the city of Indianapolis.

March 2023 Pricing Trends: Indianapolis vs. National Comparisons

Indianapolis Rent Prices More Affordable Than Major Cities

Rent growth in Indianapolis over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Indianapolis average rent prices appear to be relatively affordable for local residents.

The price for a Indianapolis one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Indianapolis and surrounding area rent prices, take a look at the complete data set below.

Data set for Indianapolis and suburbs

1 BR March 1 BR M/M % Change 2 BR March 2 BR M/M % Change
Indianapolis, IN $942.0 -0.42% $1,234.0 -2.06%
Carmel, IN $1,431.0 -0.49% $1,635.0 -1.86%
Greenwood, IN $915.0 2.58% $1,311.0 -1.58%
Westfield, IN $1,336.0 -7.29% $1,702.0 -2.69%
Noblesville, IN $1,195.0 0.00% $1,621.0 -0.12%
Lawrence, IN $850.0 0.00% $995.0 0.00%
Camby, IN $1,101.0 1.01% $1,448.0 0.28%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.