Cheap 2 Bedroom Apartments for Rent in Indianapolis, IN from $545 (563 Rentals) Page 10 of 12

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St. Joseph Flats
2 Bedroom Apartments

St. Joseph Flats

126 E St. Joseph StIndianapolis, IN 46202
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707 North
2 Bedroom Apartments

707 North

707 E North StIndianapolis, IN 46202
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Northview
2 Bedroom Apartments

Northview

8607 Cholla RdIndianapolis, IN 46240
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Alder Woods
2 Bedroom Apartments

Alder Woods

6806 E County Line RdIndianapolis, IN 46237
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The 101
2 Bedroom Apartments

The 101

1001 N Delaware StIndianapolis, IN 46202
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Bradford Park
2 Bedroom Apartments

Bradford Park

3940 Crystal Pond WayIndianapolis, IN 46234
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The Whittier
2 Bedroom Apartments

The Whittier

411 E 16th StIndianapolis, IN 46202
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Summit Pointe
$1,284 - $1,504
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Total Monthly Price

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$1,182 - $1,632
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2 Bedroom Apartments Available Now

Summit Pointe

2400 E Main StGreenwood, IN 46143
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Grove Crossing
Rent Specials
$1,395 - $1,720
Total Monthly Price

Total Monthly Price

Base Rent
$1,395 - $1,720
Total Monthly Price
$1,395 - $1,720
2 Bedroom Apartments Available Now

Grove Crossing

1680 Grove Crossing BlvdGreenwood, IN 46143
Senior Living
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Showing Results 451-500, Page 10 of 12

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Wendy • 3+ 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 The Villages at Mill Crossing which is listed at $545, while the average apartment in Indianapolis costs $2,728.

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 9,706 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 $416 which is $2,312 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

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Articles, How-To's, and Tips

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

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