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Studio Apartments for Rent in Indianapolis, IN
77 Rentals Available

  • Top Rated for Staff
    island with seating in kitchen at Edge 35, Indianapolis kitchen sink at Edge 35, Indianapolis, IN

    1224 Prospect Street, Indianapolis, IN 46203
    2 Units available
    Studio $1,046+
    Property reviews
    4/5 Anonymous on Jul 21, 2023

    Nice place to live. Building is clean, quiet and safe. Good location,

  • Top Rated for Location
    Kitchen sink and counterat The MK, Indianapolis Kitchen sink at The MK, Indianapolis, 46220

    5858 North College Avenue, Indianapolis, IN 46220
    Studio $1,276+
    Property reviews
    4/5 Tyler F. on May 22, 2023

    Its been great so far, just moved in! It is a great locationa dn jice utlitlites.

  • Top Rated for Location
    studio apartment living room living room in apartment

    747 N College Ave, Indianapolis, IN 46202
    Contact for availability
    Studio Ask for pricing
    Property reviews
    4.5/5 M on Nov 1, 2023

    747 is a greag apartment complex with an even better location. Rooms are spacious and complex is clean. Great spot!

    4/5 Anonymous on Sep 20, 2022

    Great experience overall! Best part is the staff (both maintenance and managers including the GM). Location and design really well thought out. Doors and windows could use some rethinking, but overall quality is solid.

  • Today

    931 Fletcher Avenue, Indianapolis, IN 46203
    Studio $1,211+
    • Washer/Dryer
    • Patio/Balcony
    • Pets Allowed
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    220 N. Meridian St., Indianapolis, IN 46204
    4 Units available
    Studio $1,583+

    Seize your chance to live in one of the premier luxury residences in downtown Indianapolis. Located just north of Monument Circle, directly on Indy’s most prestigious street, 220 Meridian is in the heart of the central business district, as well as steps away from all of the shopping, dining, and entertainment that Indianapolis has to offer. As a resident of our Indianapolis luxury apartments stunning landscapes, thoughtful amenities, and extraordinary services will make each day a delight. Take a look at our photo gallery and schedule your appointment or drop by and visit us for your personal tour. Reservations are filling up fast; make sure to secure your home today.

    • Air Conditioner
    • Washer/Dryer
    • Dishwasher
    • Garage
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    6000 Westlake Drive, Indianapolis, IN 46224
    Studio $770+
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    7601 Carlton Arms Dr, Indianapolis, IN 46256
    Studio $750
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    7007 Courthouse Dr, Indianapolis, IN 46226
    Studio $719+
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    255 S. Mccrea Street, Indianapolis, IN 46225
    Studio $1,185+
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    841 E 64Th St, INDIANAPOLIS, IN 46220
    Studio $676
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    10101 E Montery Rd, Indianapolis, IN 46235
    Studio $892+
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    3417 N Rybolt Ave, Indianapolis, IN 46222
    Studio $658+
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    30 East Georgia St. Ste. C, Indianapolis, IN 46204
    Studio $1,240+
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    632MLK Apartments, Indianapolis, IN 46202
    Studio $415
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    5505 Scarlet Drive, Indianapolis, IN 46224
    Studio $773+
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    The Delaware, Indianapolis, IN 46205
    Studio $1,015+
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    3402 Marabou Mills Dr., Indianapolis, IN 46214
    Studio $745
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    4959 Oakhurst Drive, Indianapolis, IN 46254
    Studio $719+
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    1515 Lewis Street, Indianapolis, IN 46202
    Studio $1,145
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    6430 Maidstone Road, Indianapolis, IN 46254
    Studio $796+
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    5549 Rosewood Commons Dr., Indianapolis, IN 46254
    Studio $704+
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    3001 Bavarian West Drive, Indianapolis, IN 46235
    Studio $860+
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    7980 Dunston Drive, Indianapolis, IN 46239
    Studio Ask for pricing
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    307 N Pennsylvania St, Indianapolis, IN 46204
    Studio $1,147+
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    718 E Georgia Street, Indianapolis, IN 46202
    Studio $1,214+

Popular searches Average rent Renters guide Demographics

Average rent in Indianapolis, IN

$1,191/mo Indianapolis, IN average rental price, July 2023
Image Average Rent

Apartments in Indianapolis, IN rent for $1,191 per month, on average.

Indianapolis, IN apartment rent ranges

4% of apartments in Indianapolis, IN are priced between $501-$700. About 29% charge rents in the $701-$1,000 range. Approximately 51% of Indianapolis’s apartment rentals are priced between $1,001-$1,500. Meanwhile, 13% of apartments are in the most expensive $1,501-$2,000 range.

Indianapolis, IN rent trends

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

What is the price of a studio apartment in Indianapolis, IN?

The price range of a studio apartment is between $676 and $4,129. Search our studio apartments in Indianapolis, IN.

How many studio apartments for rent are available in Indianapolis, IN on RentCafe?

There are 161 studio rentals available on RentCafe. Prices and availability in Indianapolis, IN were last updated on 4 Dec 2023.

What is the average size of a studio apartment in Indianapolis, IN?

The average Indianapolis, IN studio apartment size is 413 sq. ft.

What are the advantages of renting a studio apartment in Indianapolis, IN?

Studio apartments in Indianapolis, IN tend to be more affordable than other apartments and they have lower utility costs.

What are the downsides of renting a studio apartment in Indianapolis, IN?

One of the downsides of living in a studio apartment is the limited storage space. You might be interested in 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RentCafe apartments for rent in Indianapolis, IN.

Living and Renting in Indianapolis, IN

Living in location

Indianapolis, often referred to as the "Crossroads of America", is a vibrant city offering a quality life, filled with an abundance of recreational opportunities, cultural attractions, and diverse rental options. Whether you're looking for a chic downtown apartment or a spacious house in the suburbs, you'll find a plethora of choices in Indianapolis. Furthermore, Indiana's landlord-tenant laws ensure the protection of renters' rights, adding an extra layer of security to the renting experience in the city.

Known for the world-renowned Indianapolis Motor Speedway, the city also offers a wide range of entertainment options including the Indianapolis Zoo, Children's Museum of Indianapolis, and a lively downtown scene with a range of dining and shopping choices.

Studio Apartments for Rent in Indianapolis, IN

Studio apartments in Indianapolis are a popular choice, particularly among young professionals, students, and those seeking a compact, easy-to-maintain living space. These units provide a cost-effective and efficient living solution without sacrificing on comfort and style.

Moreover, studio apartments here typically come with a range of amenities, including fully equipped kitchens, in-unit laundry facilities, and access to community perks such as fitness centers, swimming pools, and social lounges.

Popular neighborhoods like Broad Ripple Village and Downtown Indianapolis offer many studio apartments, placing renters within close proximity of local amenities, attractions, and a diverse dining scene.

If you're looking for studio apartments in Indianapolis, IN, you can use RentCafe.com to find the ideal place for you. You can filter your search by location, amenities, price, and more. You can also view photos and floor plans and read reviews of different properties.

Things for renting

Look for studio apartments near me

Are you looking to land a small but cool studio apartment near you? Is an unbeatable location more important to you than lots of space? You can now browse through all available RentCafe listings, to find the perfect studio apartment near you, in your favorite neighborhood, ZIP code, or in another city or state in the U.S. wherever life takes you. Check the ratings and reviews of properties with studio apartments, filter them based on your criteria, and find the one that suits your needs.

Compare the size, price and location, as well as amenities, both inside and outside the apartment. Whether you are looking for a more modern studio near you, or one in a charming old building, or maybe you want to be close to a certain park, the downtown area of your city, or near family or friends, RentCafe allows you to find the best fit for you - so, let's find your new home!

Renting a studio apartment in Indianapolis, IN

The bad news is that the hip neighborhoods are typically not the places to look for truly affordable homes for rent, and Indianapolis, IN is no exception. That is unless you are willing to give up the (real or imagined) benefits of multiple rooms and experience the minimalist simplicity of a small apartment located smack dab in the middle of the action. Leaf through 48 listings with a total of 77 units, and you’ll be sure to find at least a couple of cheap studios that will make you wonder whether having one or two extra rooms is really worth the difference in price and commute time. Already a fan of living small? Why don’t you check out our selection of one room apartments—there’s always a better deal out there, you just have to know where to look for it (Rivoli Park is the cheapest neighborhood in town—wink wink).

They are called efficiency apartments for a reason

In case you’re still wondering, the time and effort put into finding an efficiency apartment does pay off. Literally, and pretty fast too. The Indianapolis, IN average rent is currently at $1,204, but a single-bedroom apartment in Indianapolis, IN can be yours for as low as $415 per month. While the cheapest bachelor units normally have a small bath and one bigger, multifunctional space (meaning that the hall and the kitchen in the main room, basically), you don’t need to have that if it’s not your thing. You can find plenty of one-room apartments in Indianapolis, IN with a separate kitchen. These are still well under the price of an apartment with multiple rooms, but slightly more expensive than your average studio, so it’s a good idea to aim for the higher end of the price range. The currently the most expensive studio apartment in Indianapolis, IN costs a monthly $7,398.

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