Cheap 1 Bedroom Apartments for Rent in Indianapolis, IN from $597 (565 Rentals) Page 8 of 12

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Indianapolis is under $700.

The cheapest apartment in Indianapolis is Meridian Towers which is listed at $699, while the average apartment in Indianapolis costs $2,342.

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 3,639 regular apartments in Indianapolis that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

Cheap apartments in Indianapolis have an average cost of $368 which is $1,974 cheaper than the average rent for all rentals in Indianapolis.