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Apartments for Rent in Indianapolis, IN under $500

Apartments for Rent in Indianapolis, IN under $500. 2 Rentals Available
2 Rentals Available
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  • A living room with a grey couch and a wooden coffee table.
    Ask for pricing
    Verified Listing

    4301 Falcon Creek Blvd, Indianapolis, IN 462542
    Pet friendly
  • the front of a brick house with a lawn and a driveway
    1 bd $500
    Base rent
    Verified Listing

    4.0 (7)
    5719 Massachusetts Ave, Indianapolis, IN 46218
2-0-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 16 Jun 2026.

What are the best apartments in Indianapolis, IN?

The best apartments in Indianapolis, IN are: 7 Pointe Apartments, Lawrence Landing, The Sterling, Thompson Village Apartments and 220 Meridian.

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.