
According to rental site Zumper, median rents for a one-bedroom in Indianapolis are hovering around $600. But how does the low-end pricing on an Indianapolis rental look these days — and what might you get for your money?
We took a look at local listings for studios and one-bedroom apartments to find out what budget-minded apartment seekers can expect to find.
Take a look at the cheapest listings available right now, below. (Note: prices and availability are subject to change.)
Hoodline offers data-driven analysis of local happenings and trends across cities. Links included in this article may earn Hoodline a commission on clicks and transactions.
10101 Montery Road
Listed at $438/month, this 414-square-foot studio, located at 10101 Montery Road in Far Eastside, is 41.6 percent less than the median rent for a studio in Indianapolis, which is currently estimated at around $750/month.
The building features assigned parking, a swimming pool and on-site laundry. In the unit, expect air conditioning, a porch and a dishwasher. Cats and dogs are not welcome. There's no leasing fee required for this rental.
According to Walk Score's assessment, the area around this address requires a car for most errands, is somewhat bikeable and has some transit options.
(See the complete listing here.)
109 N. Euclid Ave.
Here's a one-bedroom, one-bathroom at 109 N. Euclid Ave. in Near Eastside, which, at 400 square feet, is going for $450/month.
In the unit, expect to find air conditioning and hardwood floors. Luckily for pet owners, both dogs and cats are permitted. There isn't a leasing fee associated with this rental, and the owner pays all utilities.
According to Walk Score's assessment, the area around this address is moderately walkable, is very bikeable and has a few nearby public transportation options.
(See the full listing here.)
11023 Elmtree Park Drive
Next up is this 288-square-foot studio, located at 11023 Elmtree Park Drive and listed for $475/month.
When it comes to building amenities, expect on-site management and extra storage space. In the unit, you'll find high ceilings, a dishwasher and in-unit laundry. Both cats and dogs are permitted.
According to Walk Score's assessment, the area around this address isn't very walkable and isn't particularly bikeable.
(Here's the listing.)
316 W. 29th St., #1
This one-bedroom, one-bathroom living space, situated at 316 W. 29th St., #1 in Mapleton-Fall Creek, is listed for $495/month for its 1,336 square feet of space.
In the unit, you're promised air conditioning, carpeted floors and a fireplace. Pets are not welcome. There isn't a leasing fee associated with this rental.
Walk Score indicates that the area around this address requires a car for most errands, is quite bikeable and has some transit options.
(See the listing here.)
1316 Medford Ave.
Over at 1316 Medford Ave. in Near Westside, there's this 630-square-foot one-bedroom, one-bathroom dwelling, going for $499/month.
In the unit, you're promised central air conditioning, hardwood flooring and in-unit laundry. Both cats and dogs are allowed. The rental doesn't require a leasing fee.
Walk Score indicates that this location is moderately walkable, is bikeable and has a few nearby public transportation options.
(View the listing here.)
This story was created automatically using local real estate data, then reviewed by an editor. Click here for more about what we're doing. Got thoughts? Go here to share your feedback.









