Is a studio or 1-bedroom apartment a better value in Indianapolis?

In Indianapolis, studios average $961/mo versus $1,031/mo for a 1-bedroom. For solo renters on a tight budget, compare both filters on Rentler before applying. If you work from home or spend significant time in your apartment, the extra separation of a larger unit may be worth the difference.

Are studio apartments in Indianapolis pet-friendly?

Pet policies on studio apartments vary by landlord and building — there's no blanket rule. Use Rentler's pet-friendly filter to narrow your search, then confirm breed, weight, and deposit requirements directly with the landlord before applying.

Can I find furnished studios in Indianapolis, IN?

Furnished studios are available in Indianapolis but represent a smaller share of total inventory compared to unfurnished units. Use Rentler's furnished filter to surface move-in-ready options. Furnished units are most common in newer construction buildings and in complexes that cater to corporate or short-term renters.

How much should I earn to rent a studio in Indianapolis?

Most landlords in Indianapolis require gross monthly income of 2.5–3x the monthly rent. For a studio at Indianapolis's current average of $961/mo, that means demonstrating roughly 2.5–3x that amount in gross income. If you're below that threshold, a co-signer, larger security deposit, or prepaid rent may be accepted by some landlords — always worth asking.

Studio Apartments for Rent in Indianapolis, IN

93 Results

$749

Studio1 bathApartment

2372 Beckwith Dr S1, Indianapolis, IN, 46218

$1,400

Studio1 bath450 sqftApartment

4707 E. Washington St 1, Indianapolis, IN, 46201

$825

Studio1 bath283 sqftApartment

26 E 14th St 106, Indianapolis, IN, 46202

$750

Studio1 bath275 sqftCondo

2831 North Kenwood Avenue Unit 3, Indianapolis, IN, 46208

$3,000

Studio2 baths2,125 sqftHouse

33 West Saint Clair Street, Indianapolis, IN, 46204

$1,162

Studio1 bath357 sqftCondo

1202 S Meridian Unit 513, Indianapolis, IN, 46225

$760

Studio1 bath420 sqftApartment

28 E 16th St 706, Indianapolis, IN, 46202

$750

Studio1 bath435 sqftApartment

5230 E Washington St G5, Indianapolis, IN, 46219

$721

Studio1 bath442 sqftApartment

28 E 16th St 705, Indianapolis, IN, 46202

$721

Studio1 bath442 sqftApartment

28 E 16th St 605, Indianapolis, IN, 46202

$750

Studio1 bath275 sqftCondo

2831 North Kenwood Avenue Unit 7, Indianapolis, IN, 46208

$756

Studio1 bath420 sqftApartment

28 E 16th St 806, Indianapolis, IN, 46202

$746

Studio1 bath462 sqftApartment

3528 E Fall Creek Pkwy N C, Indianapolis, IN, 46205

$700

Studio1 bathApartment

1015 W. 31st Street, Indianapolis, IN, 46208

$825

Studio1 bath283 sqftApartment

26 E 14th St, Indianapolis, IN, 46202

$1,390

Studio1 bath491 sqftApartment

231 N. Pennsylvania Street, Indianapolis, IN, 46204

$829

Studio1 bath417 sqftApartment

3417 N Rybolt Ave, Indianapolis, IN, 46222

$795

Studio1 bath550 sqftApartment

5005 Lily Lane, Indianapolis, IN, 46254

$759

Studio1 bath363 sqftApartment

3201 Watergate Road, Indianapolis, IN, 46224

$750

Studio1 bathApartment

1015 W. 31st Street, Indianapolis, IN, 46208

$1,442

Studio1 bath484 sqftApartment

231 N. Pennsylvania Street, Indianapolis, IN, 46204

$725

Studio1 bath550 sqftApartment

3524 N Pennsylvania Street, Indianapolis, IN, 46205

$789

Studio1 bath414 sqftApartment

10101 E Montery Rd 4001-4035 N Mitthoeffer Rd, Indianapolis, IN, 46235

$849

Studio1 bath420 sqftApartment

5018 Lemans Dr, Indianapolis, IN, 46205

Showing 24 of 93 results

What to Know Before Renting a Studio in Indianapolis, IN

Studio apartments are a smart move for solo renters, minimalists, and anyone looking to maximize their budget in Indianapolis by cutting square footage they don't actually use. In most markets, a studio runs 20–35% cheaper than a comparable 1-bedroom in the same building — a meaningful difference when you're budgeting monthly. The tradeoff is that everything happens in one room, so layout matters more than it does in a larger unit. Before signing, check the kitchen size (a narrow galley kitchen in a small studio gets old fast), closet and storage space, and whether there's a dedicated sleeping area or alcove to create separation. In-unit laundry and a second-floor unit are both worth prioritizing if available in Indianapolis — shared laundry in a studio building means frequent trips, and ground-floor studios in urban areas can feel less secure. Studios in Indianapolis work best for people who spend more time out than in and treat their apartment as a home base rather than a living space.