18

Studio Condos for Rent in Indianapolis, IN

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  • /31

    $2,339 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Furnished Studio-Indianapolis - West 86th St.

    8520 Northwest Blvd, Indianapolis, IN 46278

    Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

    Furnished Studio-Indianapolis - West 86th St.

    8520 Northwest Blvd, Indianapolis, IN 46278
  • /35

    $1,590 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Furnished Studio-Indianapolis - Northwest - I-465

    9370 Waldemar Rd, Indianapolis, IN 46268

    Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

    Furnished Studio-Indianapolis - Northwest - I-465

    9370 Waldemar Rd, Indianapolis, IN 46268
  • /35

    $1,650 Per Month

    • Studio
    • 1 Bath
    • 317 Sq Ft
    • Furnished Studio-Indianapolis - Airport

    2730 Fortune Cir W, Indianapolis, IN 46241

    Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

    Furnished Studio-Indianapolis - Airport

    2730 Fortune Cir W, Indianapolis, IN 46241
  • /25

    $1,707 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Furnished Studio-Indianapolis - West

    8045 Rockville Rd, Indianapolis, IN 46214

    Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

    Furnished Studio-Indianapolis - West

    8045 Rockville Rd, Indianapolis, IN 46214
  • /28

    $1,990 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Furnished Studio-Indianapolis - Castleton

    7940 Shadeland Ave, Indianapolis, IN 46250

    Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

    Furnished Studio-Indianapolis - Castleton

    7940 Shadeland Ave, Indianapolis, IN 46250
  • /35

    $2,250 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Furnished Studio-Indianapolis - Airport - W. Southern Ave.

    5350 W Southern Ave, Indianapolis, IN 46241

    Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

    Furnished Studio-Indianapolis - Airport - W. Southern Ave.

    5350 W Southern Ave, Indianapolis, IN 46241
  • /23

    $1,079 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Furnished Studio-Indianapolis - Lawrence

    9515 Pendleton Pike, Indianapolis, IN 46236

    Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

    Furnished Studio-Indianapolis - Lawrence

    9515 Pendleton Pike, Indianapolis, IN 46236
  • /20

    $2,558

    Total Monthly Price

    • Studio
    • 1 Bath
    • 495 Sq Ft
    • Condo for Rent

    330 E Vermont St Unit SI ID1313967P, Indianapolis, IN 46204

    The advertised rate of $2,558/month is the lowest available price, based on a 30 day(s) stay with a move-in date of August 8, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    330 E Vermont St Unit SI ID1313967P, Indianapolis, IN 46204
  • /20

    $2,614

    Total Monthly Price

    • Studio
    • 1 Bath
    • 495 Sq Ft
    • Condo for Rent

    421 N Pennsylvania St Unit SI ID1312591P, Indianapolis, IN 46204

    The advertised rate of $2,615/month is the lowest available price, based on a 30 day(s) stay with a move-in date of August 27, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    421 N Pennsylvania St Unit SI ID1312591P, Indianapolis, IN 46204
  • /13

    $729 Per Month

    • Studio
    • 1 Bath
    • 517 Sq Ft
    • Condo for Rent

    1702 W Michigan St Unit 10, Indianapolis, IN 46222

    Explore the endless possibilities of urban living at 1702 W Michigan St Apt 10 in Indianapolis, IN. This multiplex rental property offers a vibrant and dynamic living experience in the heart of the city. Step into this 600 sq ft studio apartment and be greeted by a spacious and inviting layout. The full bath provides convenience and comfort, while the open floor plan allows for flexible living

    1702 W Michigan St Unit 10, Indianapolis, IN 46222
  • /16

    $1,399 Per Month

    • Studio
    • 1 Bath
    • 700 Sq Ft
    • Condo for Rent

    6148 Winthrop Ave Unit 5, Indianapolis, IN 46220

    Property Id: 2736184 Your Oasis in Broad Ripple! This is a gorgeous unit with cathedral ceilings, lots of natural light, completely and newly renovated, all stainless steel appliances, brass fixtures, all utilities included. Reserved off street parking. Granit countertops, custom made coffee table, each piece of furniture was carefully chosen for its beauty and comfort. You can walk to get

    6148 Winthrop Ave Unit 5, Indianapolis, IN 46220
  • /8

    $665 Per Month

    • Studio
    • 1 Bath
    • 250 Sq Ft
    • Condo for Rent

    4985 N Franklin Rd Unit 1, Indianapolis, IN 46226

    *Now Accepting Housing Assistance*Welcome to 4985 N Franklin Rd, where comfort meets convenience! These efficient 250 sq. ft. studio apartments are perfect for anyone seeking an affordable, low-maintenance living space in a well-connected location.Located just minutes from shopping, dining, and major roadways, this property offers easy access to everything you need while

    4985 N Franklin Rd Unit 1, Indianapolis, IN 46226
  • /20

    $2,614

    Total Monthly Price

    • Studio
    • 1 Bath
    • 495 Sq Ft
    • Condo for Rent

    421 N Pennsylvania St Unit SI ID1313954P, Indianapolis, IN 46204

    The advertised rate of $2,615/month is the lowest available price, based on a 30 day(s) stay with a move-in date of August 27, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    421 N Pennsylvania St Unit SI ID1313954P, Indianapolis, IN 46204
  • /20

    $2,558

    Total Monthly Price

    • Studio
    • 1 Bath
    • 495 Sq Ft
    • Condo for Rent

    330 E Vermont St Unit SI ID1312604P, Indianapolis, IN 46204

    The advertised rate of $2,558/month is the lowest available price, based on a 30 day(s) stay with a move-in date of August 8, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    330 E Vermont St Unit SI ID1312604P, Indianapolis, IN 46204
  • /14

    $599 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Condo for Rent

    2930 N Dearborn St Unit B, Indianapolis, IN 46218

    "Accepting Section 8""All utilities included"Unit B at 2930 N Dearborn St, Indianapolis, IN 46218 — a smart, no-fuss studio built for easy city living.This 300 sq ft studio features an open layout and a full bath—everything you need, nothing you don't. Clean, efficient, and designed to make the most of every inch.Utilities are included for just $185/month, making

    2930 N Dearborn St Unit B, Indianapolis, IN 46218
  • /6

    $1,250

    Total Monthly Price

    • Studio
    • 1.5 Baths
    • 1,200 Sq Ft
    • Condo for Rent

    7302 E Washington St Unit A, Indianapolis, IN 46219

    Newly remodeled to finish end of June 2021 with high end materials. No carpet. Desks in bedrooms. Big closets. Just bring you suitcases. All inclusive. Fast WIFI.

    7302 E Washington St Unit A, Indianapolis, IN 46219
  • /11

    $750 Per Month

    • Studio
    • 1 Bath
    • 275 Sq Ft
    • Condo for Rent

    2831 N Kenwood Ave Unit 8, Indianapolis, IN 46208

    Looking for a bright, clean studio for a bargain? Conveniently located within walking distance of Ivy Tech, this is prime student housing! WASHER/DRYER IN UNIT, along with new appliances, fresh finishes and laminate flooring throughout! EASY TO FIND PARKING ON STREET AND OFF STREET AVAILABLE!Flat water/sewer fee of $50 a monthPets: $250/ea refundable deposit, then

    2831 N Kenwood Ave Unit 8, Indianapolis, IN 46208
  • /11

    $699 Per Month

    • Studio
    • 1 Bath
    • 768 Sq Ft
    • "Chic Studio Living: Spacious 768 Sq Ft Gem in Indianapolis!"

    3165 Station St Unit B, Indianapolis, IN 46218

    "Accepting Section 8"Live where convenience meets comfort at 3165 Station Street, Unit A. This 2-bedroom, 768 sq ft rental offers a smart layout, cozy vibe, and everything you need for easy city living.Located in a vibrant Indianapolis neighborhood, you'll be close to local dining, shopping, and everyday essentials. Enjoy comfortable bedrooms, a functional kitchen, and a space

    3165 Station St Unit B, Indianapolis, IN 46218

Frequently Asked Questions

How much does it cost to rent a condo in Indianapolis, IN?
The median rent for a condo in Indianapolis, IN is $1,475 per month, though prices vary by neighborhood, size, and property type. As of July 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Indianapolis, IN?
To comfortably afford the median rent in Indianapolis, IN, a household needs to earn roughly $66,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,650 per month in Indianapolis, IN, renters typically need to show $4,950 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Indianapolis, IN?
In Indianapolis, IN, the price-to-rent ratio is 13.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Condos for Rent
18
Median Condo Rent
$1,475
Median 1 Bedroom Condo Rent
$997
Median 2 Bedroom Condo Rent
$1,463
Median 3 Bedroom Condo Rent
$1,700
How to Rent a Home