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Indianapolis
2,075
APARTMENTS
20
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Rent Trends for Apartments in Indianapolis
May 2026
| Bedroom count | Indianapolis | vs Last Month |
|---|---|---|
| Studio | $939 |  down 6.10% |
| 1 Bedroom | $1,009 | No change |
| 2 Bedroom | $1,275 |  up 2.00% |
| 3 Bedroom | $1,622 | up 1.44% |
| 4 Bedroom | $1,985 | down 0.50% |
Median rent as of May 3, 2026
This May, we've analyzed our 2,075 listings in Indianapolis to determine the rent trend. We're updating our tables in real time to give you the most up to date Indianapolis median apartment rent prices by bedroom count.
The median rent for a studio apartment decreased by 0.42% to $939, while the median rent for a 1 bedroom apartment decreased by 1.56% to $1,009.
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Find Your Dream Apartment for Rent in Indianapolis
PadMapper has 2,075 condos, houses, and apartments for rent in Indianapolis. Specifically, 107 studio apartments, 502 one-bedroom apartments, 547 two-bedroom apartments, 527 three-bedroom apartments are currently available for rent.
We have options to filter by price, bedroom count, bathroom count, long-term or short-term, housing type, pet friendly, no broker fee, and you can search for an apartment by custom keywords.
Indianapolis IN Cheap Apartments for Rent
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1,400 Results
$650
1 Bedroom Apartment · Near Southeast, Indianapolis
$650
2 Bedrooms · 1 Bathroom Apartment · Near Southeast, Indianapolis
5+ Days Ago
$650
1 Bedroom · 1 Bathroom Apartment · Near Eastside, Indianapolis
5+ Days Ago
$659–$1,555
Studio–2 Bedrooms Apartments · North Perry, Indianapolis
$659–$1,359
Studio–3 Bedrooms Apartments · Eagledale, Indianapolis
$665
Studio Apartment · Downtown Indianapolis, Indianapolis
$674–$802
Studio–1 Bedroom Apartments · Mapleton - Fall Creek, Indianapolis
$675
1 Bedroom · 1 Bathroom Apartment · Near Eastside, Indianapolis
5+ Days Ago
$690
1 Bedroom · 2 Bathrooms Apartment · Near Eastside, Indianapolis
2 Days Ago
$690
1 Bedroom · 1 Bathroom Apartment · Near Eastside, Indianapolis
5+ Days Ago
$693–$847
1 Bedroom Apartments · Irvington, Indianapolis
$695
1 Bedroom · 1 Bathroom Apartment · Arlington Woods, Indianapolis
5+ Days Ago
$768–$1,570
1–2 Bedrooms Apartments · Aspen Ridge, Indianapolis
$699–$999
1–3 Bedrooms Apartments · Near Northwest - Riverside, Indianapolis
$700
Studio Apartment · Near Northwest - Riverside, Indianapolis
$700
1 Bedroom Apartment · Fairgrounds, Indianapolis
$700
1 Bedroom · 1 Bathroom Apartment · Near Northside, Indianapolis
5+ Days Ago
$700
1 Bedroom · 1 Bathroom Apartment · Near Eastside, Indianapolis
5+ Days Ago
$700
1 Bedroom · 1 Bathroom Apartment · Near Eastside, Indianapolis
5+ Days Ago