Take a Look at 5 Great Apartments for Rent in Indianapolis Around $750/Month

Indy 500 drivers aren’t the only ones shifting into the fast lane. Young professionals are racing to snap up jobs in Indianapolis. Bloomberg Business has named it the top city in the country for college grads, and Forbes also ranks it the top ten “Best Places for Business and Careers” in 2015. The booming employment opportunities and equally bustling character of the city all add to the appeal of living here.

Renting in Indy for approx. $750/month

But that’s not all! With Indy’s cost of living below the national average, it’s no surprise that rents are also more reasonable here. The city’s average rent sits somewhere around $760/month – that’s $400 less than the national average, as Yardi Matrix data shows.

In case you’re wondering what you can get within this budget, we’ve hand-picked five apartments for rent in Indianapolis, all asking around $750/month:

Eagle Lake Landing, Speedway: $723 / month for a 1-bed apartment, 845 sq. ft.

Who doesn’t love spacious floor plans and upgraded amenities? Add a private balcony and views overlooking the lake, and you’ll be sold on the apartments at Eagle Lake Landing. These pet-friendly 1-bedroom apartments boast hardwood-style flooring, large closets, and washer/dryer combos in each unit. Besides business and fitness centers, there’s also a community clubhouse and a pool for leisure. Park your car on one of the 415 parking places on the perimeter, or pay $60 extra each month for a detached garage.

Eagle Lake Landing is conveniently located in West Indianapolis, near the Speedway Shopping Center, a variety of restaurants, and several major highways.

$723/month for a 1-bed apartment at Eagle Lake Landing, Indianapolis. Images via RentCafe

East Village, Meadows: $317-$740/month for a 2-bed apartment, 1095 sq. ft.

East Village Apartments are located in Near Eastside Indianapolis, just four miles north of downtown. The brand new apartments feature spacious, award-winning floor plans that include wood grain and ceramic tile flooring, walk-in closets, Energy Star rated appliances, and more. You can enjoy the outdoor gazebo and gardening area, lounge by the pool and sundeck, or hit the state-of-the-art fitness center. There’s also complimentary Wi-Fi throughout the business center and clubhouse for a full range of activities.

$740/month for a 2-bedroom apartment at East Village, Indianapolis. Images via RentCafe.

Stonybrook Commons, Cherry Lake: from $730/month for a 3-bed apartment, 1,075 sq. ft.

The 2- and 3-bedroom apartments at Stonybrook Commons in East Indianapolis are perfect for anyone looking for a family home with lots of space. These classically elegant homes are totally electric, and come cable ready – geared to cut your utility costs and keep you comfortable. Units also offer beautiful carpeting, large closets and patio storage, and efficient appliances.

As a community that values family, there is an on-site playground and a nearby public park. Some of the best schools are also in this area, and excellent shopping, dining, and entertainment venues are just minutes away. For easy access to downtown Indianapolis, I-465 and I-70 are close-by.

$730/month for a 3-bedroom apartment at Stonybrook Commons, Indianapolis. Images via RentCafe

Abney Lake, Wildwood Village – West Indianapolis: $710/month for a 2-bed apartment, 1,000 sq. ft.

Colonial style architecture, manicured lawns, and glistening lakes are hallmarks of the apartment homes at Abney Lake. Surrounded by this picturesque setting, residents can enjoy peaceful views from the comfort of their private patios, or up close along the jogging trails throughout the community. These 2-bedroom apartments feature conveniences including dishwashers, garbage disposals, and washer/dryer connections, along with bonus comforts like built-in bookshelves and roaring fireplaces.

Athletic types can take advantage of the fitness center, tennis and volleyball courts. Additionally, the community has both full-sized and baby pools to accommodate the little ones. Kids will also love the three on-site playgrounds for hours of fun. There’s plenty of things to do within the community, but you’re also just minutes from shopping, downtown, the airport, and more.

$710/month for a 2-bedroom apartment at Abney Lake, Indianapolis. Images via RentCafe.

Lakes of Windsor, Southern Springs: $815/month for a 1-bed apartment, 805 sq. ft.

Renters looking for modern luxury and beautiful scenery will love the apartments at the Lakes of Windsor. The apartments are nestled in 44 acres of lush foliage, giving the community a resort-like feel. 1-bedroom apartments start at $815/month and feature high ceilings, large closets, and in-home washers and dryers. This community in Southeast Indianapolis boasts basketball and tennis courts, a business center, and even complimentary notary services. To make things even easier, Greenwood and Circle Center Malls are nearby.

$815/month for a 1-bedroom apartment at Lakes of Windsor, Indianapolis. Images via RentCafe

Whether you’re looking for your first home or one for the whole family, Indy has the widest range of apartments for all types of renters. Explore more inexpensive apartments for rent in Indianapolis, and find the perfect place to call your own.