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Studio Apartments for Rent in Indianapolis, IN - 117 Rentals available

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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 RENTCafé 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, RENTCafé allows you to find the best fit for you - so, let's find your new home!

Frequently Asked Questions

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

The price range of a studio apartment is between $359 and $2,903. Search our studio apartments in Indianapolis, IN.

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

There are 83 studio rentals available on RENTCafé. Prices and availability in Indianapolis, IN were last updated on 15 Jan 2021.

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

The average Indianapolis, IN studio apartment size is 401 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 RENTCafé apartments for rent in Indianapolis, IN.

Indianapolis, IN Demographics

  • Total Population857,637
  • Female 413,806
    Male 443,831
  • Median Age34.2

Average Rent in Indianapolis, IN

  • Indianapolis, IN Average Rental Price, October 2020 $925 /mo

Indianapolis, IN Apartment Rent Ranges

  • $501-$70020%
  • $701-$1,00051%
  • $1,001-$1,50025%
  • $1,501-$2,0003%
  • > $2,0001%

Indianapolis, IN Rent Trends

Average Rent Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Oct / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Oct / 2020
Indianapolis, IN $818 $820 $839 $850 $857 $875 $887 $887 $905 $915 $925
National $1,377 $1,380 $1,417 $1,426 $1,430 $1,466 $1,466 $1,473 $1,474 $1,461 $1,464
/

Check out the average rent prices in Indianapolis by neighborhood.

Indianapolis, IN Households

  • Total Number of Households335,373
  • Family 184,496
    Non-family 150,877
  • Children 94,966
    No Children 240,407
  • Average People Per Household2.51
  • Median Household Income$46,442
  • Median Housing Costs Per Month$898

Indianapolis, IN Education Statistics

  • No High School5%
  • Some High School38%
  • Some College23%
  • Associate Degree7%
  • Bachelor Degree18%
  • Graduate Degree9%

Renting a studio apartment in Indianapolis, IN

If you’re a fan of living big on a budget, reducing your ecological footprint, and are determined to find an efficiency apartment in Indianapolis, IN, we have great news: on RENTCafé you have 117 small apartment units to choose from in 48 different properties. You may be surprised to know that studio apartments come in a variety of shapes and types. Once you decide on what your must-haves are, you can choose the right studio. If you’ll want your kitchen in the main room, why not aim for the most affordable one room apartments you can find? If you pride yourself on being frugal and always bragging to your friends about the great discounts and sales you just discovered, then put those skills to good use in your search for your next apartment. With the average rent currently at $956, opting for a cheap studio for as low as $515 is certainly a decision you’ll be able to gloat about and your wallet will thank you for.

Top tip: an efficiency apartment can be comfortable

Efficiency apartments may have just one multi-functional room, but it can be pretty spacious. You can get creative with the space, combine furniture and accent design elements in a harmonious and practical way, and you will end up with a very comfortable apartment where you can relax and unwind. If you’re not on a tight budget, you should definitely check out some bachelor flats that have a separate kitchen. You wouldn’t believe the difference it makes. While they don’t cost an arm and a leg, they are typically more expensive than a normal single bedroom apartment, so it’s probably a good idea to aim for the higher end of the price range—the highest price for a studio in Indianapolis, IN is currently $2,903.

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