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Indianapolis
2,075
APARTMENTS
20
NEIGHBORHOODS
Rent Trends for Apartments in Indianapolis
May 2026
| Bedroom count | Indianapolis | vs Last Month |
|---|---|---|
| Studio | $947 | |
| 1 Bedroom | $1,000 | No change |
| 2 Bedroom | $1,275 | |
| 3 Bedroom | $1,615 | |
| 4 Bedroom | $1,980 |
Median rent as of May 10, 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 increased by 0.85% to $947, while the median rent for a 1 bedroom apartment decreased by 0.89% to $1,000.
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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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1,398 Results
$825
Studio · 1 Bathroom Apartment · Mapleton - Fall Creek, Indianapolis
5+ Days Ago
$825
2 Bedrooms · 1 Bathroom Apartment · Near Southside, Indianapolis
5+ Days Ago
$825
1 Bedroom · 1 Bathroom Apartment · Irvington, Indianapolis
5+ Days Ago
$825
1 Bedroom · 1 Bathroom Apartment · Near Eastside, Indianapolis
5+ Days Ago
$825
3 Bedrooms · 1 Bathroom Apartment · Near Northwest - Riverside, Indianapolis
5+ Days Ago
$828–$915
Studio–1 Bedroom Apartments · Near Northwest - Riverside, Indianapolis
$829–$1,579
1–3 Bedrooms Apartments · Eagledale, Indianapolis
$829–$1,359
1–3 Bedrooms Apartments · North High School, Indianapolis
$839–$1,189
1–2 Bedrooms Apartments · Marian - Cold Springs, Indianapolis
$845
1 Bedroom Apartment · Near Eastside, Indianapolis
$845–$945
1–2 Bedrooms Apartments · Indianapolis, IN
$845
2 Bedrooms · 1 Bathroom Apartment · Near Northside, Indianapolis
5+ Days Ago
$846
2 Bedrooms · 1 Bathroom Apartment · Downtown Indianapolis, Indianapolis
5+ Days Ago
$847
1 Bedroom · 1 Bathroom Apartment · Near Northwest - Riverside, Indianapolis
5+ Days Ago
$849–$1,029
1–2 Bedrooms Apartments · Devington, Indianapolis
$849
1 Bedroom · 1 Bathroom Apartment · Near Northside, Indianapolis
5+ Days Ago
$850
1 Bedroom · 1 Bathroom Apartment · West Indianapolis, Indianapolis
4 Hours Ago
$850–$1,150
1–2 Bedrooms Apartments · Irvington, Indianapolis
$850
3 Bedrooms · 1 Bathroom Apartment · Eastside, Indianapolis
4 Days Ago