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Apartments for Rent in Indianapolis, IN under $1500

1,480 Rentals Available
Apartments for Rent in Indianapolis, IN under $1500. 1,480 Rentals Available
  • a living room with a couch and a coffee table
    Today

    6104 Compton Street, Indianapolis, IN 46220
    STUDIO $1,105+
    1 BED $1,295+
    2 BEDS $1,420+
  • a living room with blue couches and a fireplace
    Today

    951 Carlyle Lane, Indianapolis, IN 46240
    1 BED $732+
    2 BEDS $956+
  • a living room with a couch and a coffee table
    Today

    7266 Lockwood Lane, Indianapolis, IN 46217
    1 BED $940+
    2 BEDS $1,170+
  • a dining room with a table and chairs and a kitchen
    Today

    4560 Ocean Street, Indianapolis, IN 46205
    1 BED $1,390
  • a living room with a blue couch and a futon
    Today

    2148 Augusta Drive East, Indianapolis, IN 46224
    1 BED $697
    2 BEDS $958+
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  • a kitchen with stainless steel appliances and wooden cabinets
    Today

    2602 Mansion Drive, Indianapolis, IN 46222
    1 BED Ask for Pricing
    2 BEDS $1,267
  • a living room with a couch and a table
    Today

    5549 Rosewood Commons Dr., Indianapolis, IN 46254
    STUDIO Ask for Pricing
    1 BED $879+
    2 BEDS $1,199
  • a living room and dining room with a table and chairs and an open floor plan
    Today

    6046 E 21St Street, Suite 1B Management Office, Indianapolis, IN 46219
    1 BED $686+
    2 BEDS $689+
  • a house with the words images coming soon on top of it
    Today

    2821 Rouark Cir, Indianapolis, IN 46229
    4 BEDS $1,415
  • a living room with a fireplace and a table and chairs
    Today

    7251 Windsor Lakes Drive, Indianapolis, IN 46237
    1 BED $1,170+
    2 BEDS $1,350+
  • a living room and dining room with a table and chairs
    Today

    9230 Memorial Park Drive, #1, Indianapolis, IN 46216
    1 BED $1,185
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  • a kitchen with a stove and a refrigerator
    Today

    3621 Lawnview Lane, Indianapolis, IN 46222
    1 BED $859
    2 BEDS $999
    3 BEDS $1,300
  • a small brick house with a lawn in front of it
    Today

    10360 East Fairhaven Court, Indianapolis, IN 46229
    3 BEDS $1,405
  • a living room with a white couch and a rug
    Today

    5836 Hunnewell Dr, Indianapolis, IN 46254
    1 BED $1,016+
    2 BEDS $1,194+
    3 BEDS $1,375+
  • a living room with a kitchen and a couch and a table
    Today

    1224 Prospect Street, Indianapolis, IN 46203
    STUDIO $1,359+
    1 BED $1,469+
  • a brick house with a porch and a lawn
    Today

    7320 E 34Th St, Indianapolis, IN 46226
    3 BEDS $1,500
  • a living room with couches and chairs and a television
    Today

    8901 River Crossing Blvd, Indianapolis, IN 46240
    STUDIO $1,401+
  • a living room and dining room with a couch and a table
    Today

    6111 Allisonville Road, Indianapolis, IN 46220
    1 BED $1,000+
    2 BEDS $1,450
  • a living room with a couch and a table
    Today

    531 Virginia Ave, Indianapolis, IN 46203
    1 BED $1,274+
  • the living room of an apartment with a couch and a table
    Today

    5350 E. 21St St.,, Indianapolis, IN 46218
    1 BED $683+
    2 BEDS $685+
  • a living room with a couch and a table
    Today

    2638 Cold Spring Manor Dr, Indianapolis, IN 46222
    1 BED $971+
    2 BEDS $916+
    3 BEDS Ask for Pricing
  • an empty living room with a brick fireplace
    Today

    9414 San Miguel Drive, Indianapolis, IN 46250
    1 BED $1,008+
    2 BEDS $1,204+
  • a living room with a couch and a table
    Today

    4958 Dawn Drive, Indianapolis, IN 46268
    STUDIO Ask for Pricing
    1 BED $829+
    2 BEDS $1,104+
  • a living room with couches chairs and a table
    Today

    39 E 9Th Street, Indianapolis, IN 46204
    1 BED $1,022+
  • a living room with a white couch and a television
    Today

    459 Massachusetts Avenue, Indianapolis, IN 46204
    1 BED $1,267+
    2 BEDS $1,429+
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You viewed 385 of 1480 rentals.

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Local Guides for Renters

Getting around in Indianapolis, IN

57 /100
Somewhat Walkable
46 /100
Some Transit
88 /100
Very Bikeable
Walk Score®: 57, Transit Score®: 46, Bike Score®: 88

Frequently asked questions

When were prices and availability in Indianapolis, IN last updated?

Prices and availability in Indianapolis, IN were last updated on 23 Feb 2026.

What are the best apartments in Indianapolis, IN?

The best apartments in Indianapolis, IN are: Monon Court, Managed by Buckingham Monon Living, Carlyle Court, Meridian Court South, The Retreat at Carmel and Monon 46.

What type of rental buildings are in Indianapolis, IN?

In Indianapolis, 45% of the residents are renting compared to 55% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 11% of Indianapolis's rentals, 61% are small-scale complexes with under 50 units, and 27% are single-family rentals.

Renting apartments in Indianapolis, IN under $1,500

Are you looking for a smart space where you can easily combine comfort with convenience? You will surely find the property that perfectly fits your needs with this variety of options. RentCafe offers you 1,480 apartments for rent in Indianapolis, IN from 198 modern buildings, so you’ll certainly find something suitable for you. If you want to live alone or with your partner, you might want to look for a studio or browse through our selection of 1 bedroom apartments. If you need more space but you don’t want to spend more than necessary on a monthly rent, check out our 2 bedroom or 3 bedroom apartments for less than $1,500, and make the most out of your budget.

Finding the best rental near you

Indianapolis, IN is an amazing place to call home, with several rentals under $1,500 for you to choose from. There are many options and filters you can apply to your search to make the process easier and to find your next apartment faster and more efficiently. Asking yourself ‘are there any cheap apartments near me’? With our helpful filters, you can easily find the home of your dreams that also fits within your budget. With rent prices as low as $683 in Indianapolis, IN, you can find affordable and appealing apartments that match your requirements. Sort your search by ‘Rent’ ascending to see the cheapest ones at the top of the list. As soon as you find your perfect apartment, make sure to contact the property to check for availability or apply online directly on RentCafe.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!