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Apartments for Rent in Indianapolis, IN under $1500


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  • 19 units available
    1 bd $950+
    2 bd $1,150
    3 bd $1,500
    Base rent
    Verified Listing

    The Abby

    3.5 (17)
    4656 Edwardian Circle, Indianapolis, IN 46254
    Apply online • Pet friendly • Parking
  • Rent specials 10 units available
    1 bd $934+
    2 bd $1,094+
    Base rent
    Verified Listing

    Lawrence Landing

    6875 Faris Avenue, Indianapolis, IN 46226
    Apply online • Pet friendly • Fitness center
  • 1 bd $900
    2 bd $1,075+
    Base rent
    Verified Listing

    The Sterling

    4.0 (5)
    8020 Madison Avenue, Indianapolis, IN 46227
    Apply online • Pet friendly • Patio/Balcony
  • 19 units available
    2 bd $1,119+
    3 bd $1,349+
    Base rent
    Verified Listing

    7 Pointe Apartments

    4.0 (13)
    4724 Round Lake Rd, Indianapolis, IN 46205
    Apply online • Pet friendly • Fitness center
  • Rewards 18 units available
    1 bd $850
    2 bd $1,050
    Base rent Income restricted
    4.0 (12)
    139 Thompson Way, Indianapolis, IN 46227
    Apply online • Pet friendly • Parking
  • Rent specials 40 units available
    1 bd $949+
    2 bd $1,027+
    3 bd $1,339
    Base rent
    Verified Listing

    Summit At Keystone

    4.5 (13)
    6630 Glenbrook Drive, Indianapolis, IN 46220
    Apply online • Pet friendly • Fitness center
  • Rent specials
    1 bd $919+
    2 bd $1,189+
    Base rent
    Verified Listing

    CityView On Meridian

    3.0 (1)
    3801 N. Meridian St, Indianapolis, IN 46208
    Apply online • Pet friendly • Parking
  • Rewards Only 2 units left
    Studio $1,383+
    Base rent
    Verified Listing

    Quarry At River North

    5.0 (4)
    8901 River Crossing Blvd, Indianapolis, IN 46240
    Apply online • Pet friendly • Parking
  • Rent specials
    1 bd $1,268+
    2 bd $1,428+
    Base rent
    Verified Listing

    Latitudes Apartments

    4.5 (41)
    8940 Latitudes Drive, Indianapolis, IN 46237
    Apply online • Pet friendly • Parking
  • Rent specials Rewards
    1 bd $1,188+
    2 bd $1,209+
    Base rent
    Verified Listing

    Chelsea Village

    4.5 (26)
    9280 Chelsea Village Drive, Indianapolis, IN 46260
    Apply online • Pet friendly • Fitness center
  • Rent specials
    Studio $1,301+
    1 bd $1,428+
    Total monthly cost
    Verified Listing

    Nook Nine

    9433 Avant Ave, Indianapolis, IN 46240
    Apply online • Pet friendly • Parking
  • Rewards 14 units available
    1 bd $957+
    2 bd $1,290+
    Base rent
    Verified Listing

    Ashton Pointe

    4.5 (19)
    42 Lawndale Avenue, Indianapolis, IN 46224
    Apply online • Pet friendly • Pool
  • Rent specials 40 units available
    1 bd $949+
    2 bd $1,027+
    3 bd $1,339
    Base rent
    Verified Listing

    Summit At Keystone

    4.5 (13)
    6630 Glenbrook Drive, Indianapolis, IN 46220
    Apply online • Pet friendly • Fitness center
  • 1 bd $1,309+
    Base rent
    Verified Listing

    Gardens Of Canal Court

    4.0 (37)
    434 Canal Ct S Dr, Indianapolis, IN 46202
    Apply online • Pet friendly • Parking
  • Rent specials 7 units available
    Studio $1,157+
    1 bd $1,301+
    Base rent
    Verified Listing

    Edge 35

    4.5 (3)
    1224 Prospect Street, Indianapolis, IN 46203
    Apply online • Pet friendly • Fitness center
  • 1 bd $994+
    2 bd $1,328
    Base rent
    Verified Listing

    Lockefield Gardens

    3.5 (33)
    737 Lockefield Lane, Indianapolis, IN 46202
    Apply online • Pet friendly • Parking
  • Rent specials
    Studio $845+
    1 bd $945+
    2 bd $1,035+
    Base rent
    4.0 (37)
    6430 Maidstone Road, Indianapolis, IN 46254
    Apply online • Pet friendly • Fitness center
  • Rent specials
    1 bd $919+
    2 bd $1,189+
    Base rent
    Verified Listing

    CityView On Meridian

    3.0 (1)
    3801 N. Meridian St, Indianapolis, IN 46208
    Apply online • Pet friendly • Parking
  • 1 bd $768+
    2 bd $1,050+
    Base rent
    Verified Listing

    Windsor Court

    3.5 (13)
    7302 Queen Anne Court, Indianapolis, IN 46227
    Apply online • Pet friendly • Parking
  • Rent specials
    1 bd $1,123+
    2 bd $1,210+
    3 bd $1,344+
    Base rent
    Verified Listing

    Monon Living

    5934 Carvel Avenue, Indianapolis, IN 46220
    Apply online • Pet friendly • Pool
  • Rent specials 35 units available
    1 bd $1,280+
    2 bd $1,430+
    Base rent
    Verified Listing

    Lakes Of Windsor

    5.0 (14)
    7251 Windsor Lakes Drive, Indianapolis, IN 46237
    Apply online • Pet friendly • Fitness center
  • Rent specials
    Studio $1,357+
    Base rent
    Verified Listing

    The MK

    4.5 (11)
    5858 North College Avenue, Indianapolis, IN 46220
    Apply online • Pet friendly • In unit laundry
  • Rewards Only 2 units left
    Studio $1,383+
    Base rent
    Verified Listing

    Quarry At River North

    5.0 (4)
    8901 River Crossing Blvd, Indianapolis, IN 46240
    Apply online • Pet friendly • Parking
  • 1 bd $802+
    2 bd $1,071+
    Base rent
    Verified Listing

    Carlyle Court

    4.0 (31)
    951 Carlyle Lane, Indianapolis, IN 46240
    Apply online • Pet friendly • Parking
  • Rent specials
    Studio $1,274+
    Base rent
    Verified Listing

    The Whit Apartments

    4.0 (29)
    307 N Pennsylvania St, Indianapolis, IN 46204
    Apply online • Pet friendly • Parking
  • 243-0-city

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Frequently asked questions

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

Prices and availability in Indianapolis, IN were last updated on 13 Nov 2026.

What are the best apartments in Indianapolis, IN?

The best apartments in Indianapolis, IN are: The Abby, Lawrence Landing, The Sterling, 7 Pointe Apartments and Thompson Village Apartments.

What type of rental buildings are in Indianapolis, IN?

In Indianapolis 44% of the housing is rented out compared to 56% of homes are owned, according to the most recent Census Bureau estimates. 12% of Indianapolis's apartments are found in large buildings of 50 units or more, 62% are located in smaller apartment complexes with less than 50 units, and 25% 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 2,685 apartments for rent in Indianapolis, IN from 243 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 $748 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.