Indianapolis

Apartments for rent in Indianapolis: What will $1,500 get you?

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Published on December 19, 2019
Apartments for rent in Indianapolis: What will $1,500 get you?8446 Silverado Drive | Photo: Zumper

Curious just how far your dollar goes in Indianapolis?

We've rounded up the latest places for rent via rental sites Zumper and Apartment Guide to get a sense of what to expect when it comes to hunting down affordable apartments in Indianapolis if you've got a budget of up to $1,500/month.

Read on for the listings. (Note: Prices and availability are subject to change.)

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50 N. Illinois St. (Downtown)

Photo: Apartment Guide
Photo: Apartment Guide

First, there's this two-bedroom, two-bathroom apartment over at 50 N. Illinois St. It's listed for $1,410/month for its 992 square feet.

The building has secured entry and garage parking. You can also expect hardwood flooring and a dishwasher in the apartment. Pet owners, take heed: This rental is both dog-friendly and cat-friendly.

According to Walk Score, the surrounding area is extremely walkable, is a "biker's paradise" and has good transit options.

(See the complete listing here.)

8446 Silverado Drive (South Franklin)

Photo: Zumper
Photo: Zumper

And here's a 2,144-square-foot three-bedroom, two-bathroom unit at 8446 Silverado Drive that's going for $1,415/month.

In the unit, the listing promises large windows and a deck. When it comes to building amenities, expect garage parking and outdoor space. Pet owners, take heed: This property is both dog-friendly and cat-friendly.

According to Walk Score, this location requires a car for most errands, is somewhat bikeable and doesn't offer many public transit options.

(See the full listing here.)

7936 States Bend Lane (Five Points)

Photo: Zumper
Photo: Zumper

Next, check out this 2,016-square-foot three-bedroom, 2.5-bathroom abode that's located at 7936 States Bend Lane. It's also listed for $1,415/month.

The building boasts outdoor space, garage parking and a swimming pool. Also, expect to find a deck in the unit. Good news for pet lovers: The property is both dog-friendly and cat-friendly.

According to Walk Score's assessment, the area around this address requires a car for most errands, has minimal bike infrastructure and offers limited transit options.

(Take a look at the complete listing here.)

3914 Lake Clearwater Place (Castleton)

Photo: Apartment Guide
Photo: Apartment Guide

Then, located at 3914 Lake Clearwater Place, here's a 1,192-square-foot two-bedroom, two-bathroom apartment that's listed for $1,420/month.

The unit offers hardwood flooring, a walk-in closet and a dishwasher. The building has secured entry and garage parking. For those with furry friends in tow, this property is pet-friendly.

Per Walk Score ratings, the area around this address is somewhat walkable, has some bike infrastructure and has a few nearby public transportation options.

(Take a gander at the complete listing here.)

4917 Graceland Ave.

Photo: Zumper
Photo: Zumper

Last but not least, listed at $1,425/month, this three-bedroom, two-bathroom apartment is located at 4917 Graceland Ave.

When it comes to building amenities, expect garage parking, additional storage space and on-site management. In the unit, you can expect central air conditioning and hardwood flooring. Neither cats nor dogs are welcome.

Per Walk Score ratings, this location is somewhat walkable, has some bike infrastructure and has some transit options.

(See the complete listing here.)


This story was created automatically using local real estate data from Zumper and Apartment Guide, then reviewed by an editor. Click here for more about what we're doing. Additionally, read on for five marketing tips for real estate agents to showcase local market expertise.

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