Cheap 2 Bedroom Apartments for Rent in Indianapolis, IN from $650 (614 Rentals) Page 10 of 13

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done
close
View Me
550 Fletcher Ave
2 Bedroom Apartments

550 Fletcher Ave

550 Fletcher AveIndianapolis, IN 46203
close
View Me
Chelsea Manor
2 Bedroom Apartments

Chelsea Manor

1451 Central AveIndianapolis, IN 46202
  • Utilities Included
close
View Me
The Oasis
2 Bedroom Apartments

The Oasis

4900 Edinborough LnIndianapolis, IN 46241
close
View Me
Fountain Parc
2 Bedroom Apartments

Fountain Parc

4901 Whitton PlIndianapolis, IN 46220
close
View Me
Chateau in the Woods
2 Bedroom Apartments

Chateau in the Woods

4020 Monaco DrIndianapolis, IN 46220
Corporate Housing
close
View Me
The Lodge Apartments
2 Bedroom Apartments

The Lodge Apartments

4816 Alsuda DrIndianapolis, IN 46205
  • Utilities Included
close
View Me
Freeman Apartments
2 Bedroom Apartments

Freeman Apartments

9117 Briergate CtIndianapolis, IN 46229
  • Utilities Included
close
View Me
The Pennsylvania
2 Bedroom Apartments

The Pennsylvania

919 N Pennsylvania StIndianapolis, IN 46204
  • Utilities Included
close
View Me
PENN ARTS
2 Bedroom Apartments

PENN ARTS

111 E 16th StIndianapolis, IN 46202
close
View Me
The Jameson
2 Bedroom Apartments

The Jameson

1854 Century WayIndianapolis, IN 46260
close
View Me
Honey Creek Apartments
2 Bedroom Apartments

Honey Creek Apartments

3510 N High School RdIndianapolis, IN 46224
  • Utilities Included
close
View Me
1902 N Talbott St
2 Bedroom Apartments

1902 N Talbott St

1902 N Talbott StIndianapolis, IN 46202
close
View Me
Crestwood Village North
2 Bedroom Apartments

Crestwood Village North

9225 Garrison DrIndianapolis, IN 46240
Senior Living
  • Utilities Included
close
View Me
Slate Run Lofts
2 Bedroom Apartments

Slate Run Lofts

9555 International DrIndianapolis, IN 46268
  • Smoke Free
close
View Me
The Haciendas
2 Bedroom Apartments

The Haciendas

3816 Trilbey DrIndianapolis, IN 46235
  • Utilities Included
close
View Me
Franklin Cove
2 Bedroom Apartments

Franklin Cove

8505 Faywood DrIndianapolis, IN 46239
  • Utilities Included
close
View Me
Dakota Ridge
2 Bedroom Apartments

Dakota Ridge

1510 Dakota Ridge DrIndianapolis, IN 46217
close
View Me
Wyckford Commons
2 Bedroom Apartments

Wyckford Commons

7777 Wyckford CtIndianapolis, IN 46214
Corporate Housing
close
View Me
Arborwood Apartments
2 Bedroom Apartments

Arborwood Apartments

6702 Trunk WayIndianapolis, IN 46221
Corporate Housing
close
View Me
Forty Six Flats
2 Bedroom Apartments

Forty Six Flats

2511 E 46th StIndianapolis, IN 46205
close
View Me
Reflections Apartments
2 Bedroom Apartments

Reflections Apartments

7999 Silverleaf DrIndianapolis, IN 46260
Corporate Housing
close
View Me
Harbour Pointe
2 Bedroom Apartments

Harbour Pointe

4400 E Fall Creek Parkway North DrIndianapolis, IN 46205
Corporate Housing
close
View Me
Crooked Creek
2 Bedroom Apartments

Crooked Creek

3947 Point Bar RdIndianapolis, IN 46268
close
View Me
Windmill
2 Bedroom Apartments

Windmill

10705 E Us-136Indianapolis, IN 46234
close
View Me
1335 Central Ave
2 Bedroom Apartments

1335 Central Ave

1335 Central AveIndianapolis, IN 46202
close
View Me
Monon Lofts
2 Bedroom Apartments

Monon Lofts

1122 E 16th StIndianapolis, IN 46202
  • Utilities Included
close
View Me
Plaza at Central Greens
2 Bedroom Apartments

Plaza at Central Greens

3010 W Washington StIndianapolis, IN 46222
  • Utilities Included

Indianapolis, IN Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Wendy3+ years in Indianapolis

August 10, 2025

One 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 $699.

What is the price of a cheap apartment in Indianapolis?

The cheapest apartment in Indianapolis is Central @ 29 which is listed at $655, while the average apartment in Indianapolis costs $1,390.

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 6,057 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 $296 which is $1,094 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

decorative image for Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home article

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Written by: Wendy Melton

Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

decorative image for Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods article

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.

decorative image for Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters article

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

Articles, How-To's, and Tips

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.