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The Crossroads of America boasts plentiful amenities in a convenient locale

  • Walkable
  • Affordable
  • Hospitable
  • Convenient

Located right in the heart of Indiana, Indianapolis is the most populated city in Indiana as well as its capital. Nicknamed the Crossroads of America, Indianapolis is the hub for several major Interstate highways that traverse Indiana and connect its residents to the rest of the country. Indianapolis is also home to the first new international airport designed and built after 9/11 in the United States, the Indianapolis International Airport.

Ranked the #1 Best City for Renters in 2017 by Forbes, Indianapolis has a lot to offer residents and visitors alike. Should you choose to rent in Indianapolis, you will have the option to see the Indianapolis Symphony Orchestra perform at Hilbert Circle Theatre, cheer on the Indianapolis Colts at Lucas Oil Stadium, peruse the stores in Circle Centre Mall, meet orangutans at the Indianapolis Zoo, explore the engaging exhibitions at the Indianapolis Museum of Art, and hike the trails at Eagle Creek Park. You can also attend the world’s largest single-day sporting event, the Indy 500, after you take the kids to the world’s largest children’s museum, the Children’s Museum of Indianapolis.

Explore the City

Downtown Skyline

Birch Bayh Federal Building

Rent Trends

As of May 2018, the average apartment rent in Indianapolis, IN is $635 for a studio, $749 for one bedroom, $864 for two bedrooms, and $1,020 for three bedrooms. Apartment rent in Indianapolis has increased by 2.3% in the past year.

Beds Avg Sq Ft Avg Rent
Studio 454 $635
1 BR 695 $749
2 BR 990 $864
3 BR 1,303 $1,020


45 Walk Score® Car-Dependent
29 Transit Score® Some Transit
51 Bike Score® Bikeable


41 Apartments Available

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Apartments for Rent Under $400 in Indianapolis, IN

You searched for apartments in Indianapolis, IN. Let help you find the perfect rental near you. Click to view any of these 41 available rental units in Indianapolis to see photos, reviews, floor plans and verified information about schools, neighborhoods, unit availability and more. has the most extensive inventory of any apartment search site, with over 149 thousand currently available apartments for rent. You can trust to find your next Indianapolis rental under $400.

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