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Condos for Rent under $500 in Indianapolis IN - 12 Rentals

908 Sprague St Unit BEDROOM 2B - 688830

908 Sprague St Unit BEDROOM 2B - 688830, Indianapolis, IN 46217
1 / 5
$425

1 Bed, 1 Bath, 156 sq ft

Room for Rent
2121 Rouark Cir Unit BEDROOM 2A - 726672

2121 Rouark Cir Unit BEDROOM 2A - 726672, Indianapolis, IN 46229
1 / 5
$411

1 Bed, 1 Bath, 111 sq ft

Room for Rent
2914 W New York St Unit BEDROOM 2A - 694270

2914 W New York St Unit BEDROOM 2A - 694270, Indianapolis, IN 46222
1 / 5
$425

1 Bed, 1 Bath, 129 sq ft
7818 Knue Rd Unit BEDROOM 1A - 702296

7818 Knue Rd Unit BEDROOM 1A - 702296, Indianapolis, IN 46250
1 / 5
$274

1 Bed, 1 Bath, 99 sq ft

Room for Rent
1115 Cecil Ave Unit BEDROOM 1D - 753905

1115 Cecil Ave Unit BEDROOM 1D - 753905, Indianapolis, IN 46219
1 / 5
$412

1 Bed, 1 Bath, 200 sq ft

Room for Rent
8116 Wallingwood Dr Unit BEDROOM 1C - 710050

8116 Wallingwood Dr Unit BEDROOM 1C - 710050, Indianapolis, IN 46256
1 / 5
$383

1 Bed, 1 Bath, 152 sq ft

Room for Rent
3126 Wish Ave Unit BEDROOM 3D - 706349

3126 Wish Ave Unit BEDROOM 3D - 706349, Indianapolis, IN 46268
1 / 5
$446

1 Bed, 1 Bath, 120 sq ft

Room for Rent
5130 Daniel Dr Unit BEDROOM 2B - 734898

5130 Daniel Dr Unit BEDROOM 2B - 734898, Indianapolis, IN 46226
1 / 5
$411

1 Bed, 1 Bath, 197 sq ft

Room for Rent
7818 Knue Rd Unit BEDROOM 1E - 702327

7818 Knue Rd Unit BEDROOM 1E - 702327, Indianapolis, IN 46250
1 / 5
$307

1 Bed, 1 Bath, 128 sq ft

Room for Rent
2191 Rouark Cir Unit BEDROOM 1A - 726670

2191 Rouark Cir Unit BEDROOM 1A - 726670, Indianapolis, IN 46229
1 / 5
$392

1 Bed, 1 Bath, 158 sq ft

Room for Rent
1515 King Ave Unit Bedroom 2C - 838081

1515 King Ave Unit Bedroom 2C - 838081, Indianapolis, IN 46222
1 / 5
$436

1 Bed, 1 Bath, 150 sq ft
1711 Nelson Ave Unit BEDROOM 2A - 807997

1711 Nelson Ave Unit BEDROOM 2A - 807997, Indianapolis, IN 46203
1 / 5
$474

1 Bed, 1 Bath, 264 sq ft

Room for Rent

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Indianapolis, IN Condos for Rent Under $500

Search for condos for rent in Indianapolis, IN on Apartments.com. With 12 available, you can find the right condo with the floor plan and amenities that fit your needs. Many condo rentals are pet friendly and furnished to fit renters' lifestyles. When you rent a condo, you’ll likely rent from an individual owner rather than a property management company. This means units in the same building may have different features and layouts. Be sure to check out the photos and take a tour of the unit as you search for your Indianapolis home. There are some terrific Indianapolis neighborhoods with condos for rent, including Southeast Indianapolis. While the average rent for a condo in Indianapolis is $1,447, prices can vary by location, ranging anywhere from $274 to $6,200. If you’re looking for a budget-friendly condo to rent, try looking in affordable nearby cities like Lawrence.