Indianapolis/ Real Estate & Development
Published on April 28, 2020
Apartments for rent in Indianapolis: What will $1,500 get you? 2858 Ludwig 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 finding apartment rentals in Indianapolis if you don't want to spend more than $1,500/month on rent.

Take a look at the listings, below. (Note: Prices and availability are subject to change.)

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7247 Vista Circle (Southdale)

Photo: Apartment Guide
Photo: Apartment Guide

Listed at $1,401/month, this 1,470-square-foot three-bedroom, two-bathroom apartment is located at 7247 Vista Circle.

In the apartment, you can anticipate hardwood flooring, a dishwasher and a fireplace. The building has garage parking. Pet owners, take heed: This property is both dog-friendly and cat-friendly. Be prepared for a $150 pet deposit.

Per Walk Score ratings, the area around this address is car-dependent, has minimal bike infrastructure and offers limited transit options.

(Take a look at the complete listing here.)

360 E. Market St. (Downtown)

Photo: Apartment Guide
Photo: Apartment Guide

Here's a 570-square-foot studio apartment at 360 E. Market St. that's going for $1,415/month.

The unit has a dishwasher and hardwood flooring. The building offers garage parking and secured entry. Pet lovers are in luck: This property is both dog-friendly and cat-friendly.

According to Walk Score, the area around this address is a "walker's paradise," is easy to get around on a bicycle and offers many nearby public transportation options.

(See the full listing here.)

50 N. Illinois St. (Downtown)

Photo: Apartment Guide
Photo: Apartment Guide

Located at 50 N. Illinois St., here's a 1,043-square-foot two-bedroom, two-bathroom apartment that's listed for $1,425/month.

The unit comes furnished and offers a dishwasher, a walk-in closet and hardwood flooring. The building boasts garage parking and secured entry. Pet lovers are in luck: The property is both dog-friendly and cat-friendly.

According to Walk Score, the area around this address is extremely walkable, is easy to get around on a bicycle and offers many nearby public transportation options.

(Take a gander at the complete listing here.)

551 Massachusetts Ave. (Downtown)

Photo: Apartment Guide
Photo: Apartment Guide

Listed also at $1,425/month, this 1,045-square-foot one-bedroom, one-bathroom apartment is located at 551 Massachusetts Ave.

The building has a swimming pool. You can also expect to find a balcony, a dishwasher and hardwood flooring in the apartment. Pet lovers are in luck: The property is both dog-friendly and cat-friendly. Look out for a $250 pet deposit.

According to Walk Score, the area around this address is a "walker's paradise," is easy to get around on a bicycle and offers many nearby public transportation options.

(Take a look at the complete listing here.)

2858 Ludwig Drive (Five Points)

Photo: Zumper

Last but not least, there's this three-bedroom, two-and-a-half-bathroom abode located at 2858 Ludwig Drive. It's listed for $1,425/month for its 1,792 square feet.

In the unit, you can expect a walk-in closet and a ceiling fan. Amenities offered in the building include garage parking and outdoor space. Good news for animal lovers: This rental is both dog-friendly and cat-friendly.

Per Walk Score ratings, the surrounding area isn't very walkable, isn't particularly bikeable and doesn't offer many public transit options.

(Check out 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, if you’re an agent or a broker, read on for real estate marketing ideas to promote your local listing.

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