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1 Bedroom Apartments
Blacherne Apartments
402 N Meridian StIndianapolis, IN 46204
Cheap 1 Bedroom Apartments for Rent in Indianapolis, IN from $497 (644 Rentals) Page 11 of 13
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The Retreat On Washington
2950 Kirkbride WayIndianapolis, IN 46222
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Spicewood
354 Spicewood DrIndianapolis, IN 46227
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Van Dyke
1229 N Pennsylvania StIndianapolis, IN 46202
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The 101
1001 N Delaware StIndianapolis, IN 46202
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Apollo & Aurora Apartments
1101 N Alabama StIndianapolis, IN 46202
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1 Bedroom Apartments
450 N Massachusetts Ave
450 N Massachusetts AveIndianapolis, IN 46204
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Wyndham on Delaware
1040 N Delaware StIndianapolis, IN 46202
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The Vue
718 E Georgia StIndianapolis, IN 46202
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Bradford Park
3940 Crystal Pond WayIndianapolis, IN 46234
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Colmar Apartments
1620 Central AveIndianapolis, IN 46202
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Shore Acres
1105 Westfield Ct WIndianapolis, IN 46240
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The Pointe on Mass
551 Massachusetts AveIndianapolis, IN 46204
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Alder Woods
6806 E County Line RdIndianapolis, IN 46237
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School 85
338 S Arlington AveIndianapolis, IN 46219
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Cox Creek at Reagan Crossing
10435 Cox PlIndianapolis, IN 46234
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Preserve at Willow Springs
2252 River Willow PlIndianapolis, IN 46260
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Whittier Place
1119 Sterling StIndianapolis, IN 46201
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Crestwood Village South
8809 Madison AveIndianapolis, IN 46227
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Harding Street Lofts
101 S Harding StIndianapolis, IN 46222
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Pinnex
931 Fletcher AveIndianapolis, IN 46203
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Garden Arch Apartments
726-728 N East StIndianapolis, IN 46202
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Grid
520 E Washington StIndianapolis, IN 46204
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Fletcher Place Lofts
410 S College AveIndianapolis, IN 46203
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$733 - $9241 Bedroom Apartments Contact Us For Availability
Stanford Court
1815 Foyt DrSpeedway, IN 46224
52 S Greenwood St
GreenwoodIN46142
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$8251 Bedroom Apartments Available Now
7046 E US Hwy 36
7046 E US Hwy 36Avon, IN 46123
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$860 - $8701 Bedroom Apartments Available Now
Stafford Pointe
800 Southfield DrPlainfield, IN 46168
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$871 - $1,4051 Bedroom Apartments Available Now
Polo Run Apartments
800 Kings Mill RdGreenwood, IN 46142
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$8851 Bedroom Apartments Contact Us For Availability
Waterbury Apartments
421 Waterbury StGreenwood, IN 46142
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$9001 Bedroom Apartments Available Feb 20
Beech Tree Glen Apartments
240 Grovewood PlBeech Grove, IN 46107
8947 Brigadier Dr
LawrenceIN46226
8946 Brigadier Dr
LawrenceIN46226
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$9251 Bedroom Apartments Available Now
7046 E US Hwy 36
7046 E US Hwy 36Avon, IN 46123
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$950 - $1,1101 Bedroom Apartments Available Now
Westminster Apartments and Townhomes
921 Parliament PlGreenwood, IN 46142
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$973 - $1,1331 Bedroom Apartments Available Now
Auburn Place
745 Wooddale TerGreenwood, IN 46142
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$975 - $1,1751 Bedroom Apartments Available Now
Yorktowne Farms Community
1570 Countryside DrGreenwood, IN 46143
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$990
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1 Bedroom Apartments Available NowTotal Monthly Price
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$775 - $1,230
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$215
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$990 - $1,445
LaCabreah Apartments
7130 LaCabreah DrBrownsburg, IN 46112
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$995 - $1,0251 Bedroom Apartments Contact Us For Availability
Somerset Place
136 Somerset DrGreenwood, IN 46143
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$9951 Bedroom Apartments Available Now
652 E Main St
652 E Main StPlainfield, IN 46168
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$9991 Bedroom Apartments Contact Us For Availability
Camby Crossing
7402 Camby Crossing DrCamby, IN 46113
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$999 - $1,5091 Bedroom Apartments Available Now
The Fairways at Valle Vista
610 Paradise CtGreenwood, IN 46143
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$1,008 - $1,163
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
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$988 - $1,651
Required Monthly Fees
$32
Total Monthly Price
$1,020 - $1,683
Summit Pointe
2400 E Main StGreenwood, IN 46143
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$1,010 - $2,845
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1 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
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$800 - $2,830
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$15
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$815 - $2,845
Clearview
715 Clearview DrGreenwood, IN 46143
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$1,014 - $1,2091 Bedroom Apartments Available Now
Willow Glen South
4880 Willow Glen DrBeech Grove, IN 46107
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$1,014 - $1,1541 Bedroom Apartments Available Now
Courts of Valle Vista
714 Connors DrGreenwood, IN 46143
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$1,060 - $1,1901 Bedroom Apartments Available Now
St. Andrews
1201 Carson WayGreenwood, IN 46143
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$1,105 - $1,5911 Bedroom Apartments Available Now
Ashmore Trace
902 Wallington CirGreenwood, IN 46143
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$1,111 - $1,1491 Bedroom Apartments Available Now
Stonehedge Apartments
1563 Stonehedge CtGreenwood, IN 46142
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$1,118 - $1,1781 Bedroom Apartments Available Now
Metropolitan Fishers
10190 Allisonville RdFishers, IN 46038
Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Indianapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Indianapolis Studio Apartments | $1,158 | $595 | $5,671 |
| Indianapolis 1 Bedroom Apartments | $1,371 | $497 | $4,842 |
| Indianapolis 2 Bedroom Apartments | $1,630 | $563 | $6,212 |
| Indianapolis 3 Bedroom Apartments | $2,029 | $825 | $10,000+ |
| Indianapolis 4 Bedroom Apartments | $1,651 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $9,642 | $1,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Indianapolis, IN Area Reviews
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Write a ReviewWendy • 3+ years in Indianapolis
August 10, 2025One of Indiana's most beautiful cities!
Frequently Asked Questions about Cheap Indianapolis Apartments
What is a cheap apartment in Indianapolis?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Indianapolis is under $700.
What is the price of a cheap apartment in Indianapolis?
The cheapest apartment in Indianapolis is Volrath which is listed at $649, while the average apartment in Indianapolis costs $2,634.
What types of apartments are the cheapest in Indianapolis?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9,222 regular apartments in Indianapolis that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Indianapolis?
Cheap apartments in Indianapolis have an average cost of $372 which is $2,262 cheaper than the average rent for all rentals in Indianapolis.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides
A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
Written by: Wendy Melton
Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.
Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.
Articles, How-To's, and Tips
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.