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

918 Fort Wayne Ave. | Photo: Zumper
By Hoodline - Published on June 30, 2020.

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 affordable apartments in Indianapolis with a budget of up to $1,500/month.

Read on for the listings. (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.


7905 States Bend Drive (Five Points)

Photo: Zumper
Photo: Zumper

Listed at $1,415/month, this 1,792-square-foot three-bedroom, two-bathroom abode is located at 7905 States Bend Drive.

The residence offers a walk-in closet and a fireplace. The building has garage parking and a swimming pool. Pet owners, take heed: This rental is both dog-friendly and cat-friendly.

According to Walk Score's assessment, the area around this address is car-dependent, isn't particularly bikeable and doesn't offer many public transit options.

(See the complete listing here.)

918 Fort Wayne Ave. (Downtown)

Photo: Zumper

Next, there's this one-bedroom, one-bathroom spot over at 918 Fort Wayne Ave. It's listed for $1,425/month for its 739 square feet.

The building offers assigned parking. You can also expect to find a mix of hardwood floors and carpeting, a walk-in closet, in-unit laundry and a dishwasher in the unit. Pet owners, take heed: This property is both dog-friendly and cat-friendly.

Walk Score indicates that the area around this address is very walkable, is easy to get around on a bicycle and has good transit options.

(Take a gander at the complete listing here.)

5030 Thompson Park Blvd. (Galludet)

Photo: Zumper
Photo: Zumper

Here's a three-bedroom, two-bathroom residence at 5030 Thompson Park Blvd. that's going for $1,445/month.

The building features a swimming pool and assigned parking. Pet lovers are in luck: The rental is both dog-friendly and cat-friendly.

Walk Score indicates that this location is car-dependent, is somewhat bikeable and offers limited transit options.

(Check out the complete listing here.)

1399 Shadow Ridge Road

Photo: Zumper
Photo: Zumper

Listed at $1,450/month, this 1,350-square-foot two-bedroom, two-bathroom condo is located at 1399 Shadow Ridge Road.

Building amenities include garage parking. In the condo, you can expect hardwood flooring, a dishwasher and in-unit laundry. For those with furry friends in tow, this property is pet-friendly. There isn't a leasing fee associated with this rental.

Per Walk Score ratings, the surrounding area requires a car for most errands and is relatively bikeable.

(Take a look at the complete listing here.)

7643 Hidden Valley Lane (Raymond Park)

Photo: Zumper
Photo: Zumper

Finally, there's this three-bedroom, two-bathroom unit located at 7643 Hidden Valley Lane. It's  listed for $1,450/month for its 1,304 square feet.

The residence comes with a walk-in closet and a deck. When it comes to building amenities, anticipate outdoor space and garage parking. Pet lovers are in luck: This rental is both dog-friendly and cat-friendly.

Walk Score indicates that the surrounding area requires a car for most errands, is somewhat bikeable and doesn't offer many public transit options.

(Take a gander at 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, get free local real estate marketing ideas and tools for agents, brokers and more.

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