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Apartments for Rent in Indianapolis, IN under $1000 – 652 Rentals available

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Indianapolis, IN Demographics

  • Total Population864,447
  • Female 416,893
    Male 447,554
  • Median Age34.2

Average Rent in Indianapolis, IN

  • Indianapolis, IN Average Rental Price, May 2021 $956 /mo

Indianapolis, IN Apartment Rent Ranges

  • $501-$70017%
  • $701-$1,00049%
  • $1,001-$1,50029%
  • $1,501-$2,0003%
  • > $2,0001%

Indianapolis, IN Rent Trends

Average Rent Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Mar / 2021 May / 2021
Indianapolis, IN $820 $839 $850 $857 $875 $887 $905 $915 $933 $940 $956
National $1,314 $1,345 $1,354 $1,358 $1,390 $1,397 $1,400 $1,392 $1,396 $1,407 $1,428
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Check out the average rent prices in Indianapolis by neighborhood.

Indianapolis, IN Households

  • Total Number of Households338,208
  • Family 183,037
    Non-family 155,171
  • Children 93,309
    No Children 244,899
  • Average People Per Household2.51
  • Median Household Income$47,873
  • Median Housing Costs Per Month$923

Indianapolis, IN Education Statistics

  • No High School4%
  • Some High School37%
  • Some College23%
  • Associate Degree7%
  • Bachelor Degree19%
  • Graduate Degree9%

The best apartments in Indianapolis, IN under $1,000

We know that comfort and convenience are essential elements to your well-being, and that is why we selected the best apartments for rent in Indianapolis, IN. The monthly rent does vary on the property type, but you can find cheap luxury apartments listed for up to $3,985. Exclusively designed to satisfy your needs, these modern apartments include high-level amenities and a décor designed to provide the utmost in convenience. Offering quality living and comfort, our stylish apartments for less than $1,000 present a unique lifestyle for anyone who is looking to take it to the next level.

How to find the best rental near you

If searching for your perfect apartment gets a little bit too overwhelming, use the RENTCafé filters and you’ll find something for your taste. If you’d rather sacrifice space for a good location, search for a studio or a 1-bedroom apartment in one of the city’s top-rated neighborhoods. If you want to share or if you need more space, choose from our selection of spacious 2-bedroom or 3-bedroom apartments. Asking yourself “how do I find desirable apartments near me?” is quite a challenge, but RENTCafé can help by making your apartment search an enjoyable experience. Make the most of your money by selecting whatever you consider suitable, knowing that the apartments come with thoughtful amenity packages and are located in well-maintained, modern buildings.

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