
Cheap 1 Bedroom Apartments for Rent in Indianapolis, IN from $497 (642 Rentals) Page 7 of 13


Gardens of Canal Court

82 Flats At The Crossing

Stone Ridge Flats and Townhomes

3326 Ruckle St, Unit Rear Apartment

1338 Barth Ave

River Ridge

1801 N Broadway St

Lake Clearwater Apartments

Monon 46

Penn Street Tower Apartments

Historic Marcy Village

Pleasant Run Senior Apartments

Mozzo apartments

The Otis at Fort Ben Apartments

Bluff Crossing Apartments

Canal Square

VITRA Apartments

The Grounds

The Domino

Total Monthly Price
Residence on Penn

The Fort Apartments

LINDEN SQUARE

Nine+Eighteen

The Continental Towers at Vermont Place

Riverview

Total Monthly Price
Center Point

River House

Riley Towers

Shore Acres

Total Monthly Price
The Delaware Apartments

946 MLK

AYR Apartments

Temple Lofts

Total Monthly Price
CityWay

4901 Whitton Pl

333 Penn Apartments

4901 Whitton Pl

Total Monthly Price
Industry Indianapolis

Quarry at River North

4901 Whitton Pl

4901 Whitton Pl

4901 Whitton Pl

4901 Whitton Pl

The Marott Apartments

Castle Creek Apartments

Edge 35

Union Square

The Lakes Apartments

The Block
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+ |
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Indianapolis, IN Area Reviews
Wendy • 3+ years in Indianapolis
August 10, 2025One of Indiana's most beautiful cities!
Frequently Asked Questions about Cheap Indianapolis Apartments
What is the Cheapest Studio apartment in Indianapolis?
Currently the most affordable Cheap Studio Apartment in Indianapolis is at Volrath listed at $649.
How much is rent for a Cheap One Bedroom Indianapolis Apartment?
The lowest price for a Cheap One Bedroom Indianapolis Apartment is $649 at Volrath.
What is the lowest price for a Cheap Two Bedroom Indianapolis Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Indianapolis is starting from $649 at Volrath.
What is the most affordable Indianapolis Three Bedroom Apartment?
The best deal on a cheap Indianapolis Three Bedroom Apartment rental is at Volrath and starts from $649.
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.