
Cheap 1 Bedroom Apartments for Rent in Indianapolis, IN from $438 (535 Rentals) Page 3 of 11


4012 Mann Rd

Meridian Lakes

Freeman Apartments

Pine Glen

Parkhaven Apartments

The George Apartment Homes

Cherry Glen

Williamsburg North

Jade North Apartments

Christian Place Apartments

Lockefield Gardens

Park View at Beech Grove

Woodbrook Apartments

Suncrest

Idlewood Apartments

Pebble Point

Woodbridge Castleton

7988 N Michigan Rd

Deercross Apartments

The Sycamores

Warren Harbor Apartments

Beechmill Apartments

The Maywood at Speedway

Oakbrook Village

Pickwick Farms Apartments

Auburn Hills Apartments

Devonshire Apartments in Downtown Indianapolis

Sherbrook

Waterford Place Apartments

Aura Apartments

Keeneland Crest Apartments

A62 Apartments

CityView on Meridian

Grove on 79th

Home Place Senior Living

Aspen Chase

Eagle’s Edge

Fishermans Village
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 | $1,249 | $595 | $5,278 |
Indianapolis 1 Bedroom Apartments | $1,406 | $438 | $4,292 |
Indianapolis 2 Bedroom Apartments | $1,683 | $650 | $8,242 |
Indianapolis 3 Bedroom Apartments | $2,057 | $1,095 | $10,000+ |
Indianapolis 4 Bedroom Apartments | $1,536 | $550 | $4,831 |
Indianapolis 5 Bedroom Apartments | $5,128 | $2,745 | $9,070 |
Explore Indianapolis
Getting Around Indianapolis, IN
Walk Score®
50 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
53 / 100
Bikeable
Some bike infrastructure
Transit Score®
29 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $710.
What is the price of a cheap apartment in Indianapolis?
The cheapest apartment in Indianapolis is Harpers Crossing which is listed at $438, while the average apartment in Indianapolis costs $2,252.
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 3,443 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 $389 which is $1,863 cheaper than the average rent for all rentals in Indianapolis.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.