Cheap 2 Bedroom Apartments for Rent in Indianapolis, IN from $563 (416 Rentals) Page 7 of 9

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Indianapolis is under $715.

The cheapest apartment in Indianapolis is One Somerset which is listed at $775, while the average apartment in Indianapolis costs $2,752.

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 9,351 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 $374 which is $2,378 cheaper than the average rent for all rentals in Indianapolis.