Indianapolis
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Indianapolis
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Rent Trends for Apartments in Indianapolis

November 2026
Bedroom countIndianapolisvs Last Month
Studio$995up 8.98%
1 Bedroom$1,040down 0.76%
2 Bedroom$1,295down 0.38%
3 Bedroom$1,645up 0.61%
4 Bedroom$1,949down 2.31%
Median rent as of November 1, 2026
This November, we've analyzed our 2,666 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 increased by 2.05% to $995, while the median rent for a 1 bedroom apartment decreased by 0.86% to $1,040.

Find Your Dream Apartment for Rent in Indianapolis

PadMapper has 2,666 condos, houses, and apartments for rent in Indianapolis. Specifically, 126 studio apartments, 618 one-bedroom apartments, 755 two-bedroom apartments, 662 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.
Search  ›  Indiana  ›  Indianapolis  ›  Cheap

Indianapolis IN Cheap Apartments for Rent

Rent
$0
$5,000+
Length 
Bedrooms
1,779 Results
$721–$1,135Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
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1 Bedroom Apartment · Near Northside, Indianapolis
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$725Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
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1 Bedroom · 1 Bathroom Apartment · Augusta - New Augusta, Indianapolis
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$725Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
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Studio Apartment · Near Northwest - Riverside, Indianapolis
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$725–$885Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
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Studio–2 Bedrooms Apartments · Mapleton - Fall Creek, Indianapolis
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$725Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
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1 Bedroom · 1 Bathroom Apartment · Arlington Woods, Indianapolis
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$725Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
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2 Bedrooms · 1 Bathroom Apartment · Near Northwest - Riverside, Indianapolis
5+ Days Ago
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$725Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
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1 Bedroom · 1 Bathroom Apartment · Indianapolis, IN
5+ Days Ago
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$725Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
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1 Bedroom · 1 Bathroom Apartment · Near Westside, Indianapolis
5+ Days Ago
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$731–$1,574Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
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Studio–2 Bedrooms Apartments · I69-Fall Creek, Indianapolis
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$745–$949Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
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1–2 Bedrooms Apartments · North Perry, Indianapolis
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$749–$1,689Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.
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Studio–3 Bedrooms Apartments · Eagledale, Indianapolis
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$749Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
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1 Bedroom · 1 Bathroom Apartment · Near Eastside, Indianapolis
1 Day Ago
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$749Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
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1 Bedroom · 1 Bathroom Apartment · Near Southside, Indianapolis
5+ Days Ago
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$750Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
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1 Bedroom Apartments · Near Southeast, Indianapolis
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$750Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
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1 Bedroom Apartment · Near Northwest - Riverside, Indianapolis
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$750Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
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1 Bedroom · 1 Bathroom Apartment · Martindale - Brightwood, Indianapolis
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$750Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
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1 Bedroom Apartment · Garfield Park, Indianapolis
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$750Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
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Studio · 1 Bathroom Apartment · Broad Ripple, Indianapolis
5+ Days Ago
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$750Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
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1 Bedroom · 1 Bathroom Apartment · Near Northwest - Riverside, Indianapolis
5+ Days Ago
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$750Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
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1 Bedroom · 1 Bathroom Apartment · Near Eastside, Indianapolis
5+ Days Ago