Cheap 2 Bedroom Apartments for Rent in Indianapolis, IN from $545 (564 Rentals) Page 11 of 12

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Breeza 32 Apartments
2 Bedroom Apartments

Breeza 32 Apartments

622 Wooddale TerGreenwood, IN 46142
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Francis Apartments
2 Bedroom Apartments

Francis Apartments

1819 Main StBeech Grove, IN 46107
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Main Street Commons
2 Bedroom Apartments

Main Street Commons

635 E Main StGreenwood, IN 46143
Senior Living
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Blackstone
2 Bedroom Apartments

Blackstone

611 N Meridian StGreenwood, IN 46143
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Arbor Manor
2 Bedroom Apartments

Arbor Manor

212 Churchill DrMooresville, IN 46158
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Greenwood MHP
2 Bedroom Apartments

Greenwood MHP

7248 W Stones Crossing RdGreenwood, IN 46143
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Kinnley Court
2 Bedroom Apartments

Kinnley Court

3650 Clarks Creek RdPlainfield, IN 46168
Senior Living
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Haven Homes
2 Bedroom Apartments

Haven Homes

556 Ally BlvdPlainfield, IN 46168
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Clearview
2 Bedroom Apartments

Clearview

715 Clearview DrGreenwood, IN 46143
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Harpers Crossing
2 Bedroom Apartments

Harpers Crossing

311 Harpers CrossingPlainfield, IN 46168
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The Gables
2 Bedroom Apartments

The Gables

826 Ryland StGreenwood, IN 46143
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Brickyard Flats
2 Bedroom Apartments

Brickyard Flats

6363 Hollister DrSpeedway, IN 46224
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Camby Crossing
2 Bedroom Apartments

Camby Crossing

7402 Camby Crossing DrCamby, IN 46113
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The U
2 Bedroom Apartments

The U

2425 Albany StBeech Grove, IN 46107
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Stonehedge Apartments
2 Bedroom Apartments

Stonehedge Apartments

1563 Stonehedge CtGreenwood, IN 46142
Corporate Housing
Showing Results 501-550, Page 11 of 12

Indianapolis, IN Area Reviews

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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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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.

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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.

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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.

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

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

Articles, How-To's, and Tips

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

Written by: Lauren Harrington

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

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

Written by: Lauren Harrington

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

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.