close
View Me
2 Bedroom Apartments
Addison Creek
58 Port Ocall DrIndianapolis, IN 46224
Cheap 2 Bedroom Apartments for Rent in Indianapolis, IN from $545 (542 Rentals) Page 7 of 11
close
View Me
2 Bedroom Apartments
Parkside At Tarkington
3901 N Meridian StIndianapolis, IN 46208
close
View Me
2 Bedroom Apartments
Stonekey Apartments
1504 Renton StIndianapolis, IN 46203
close
View Me
2 Bedroom Apartments
Arlington Terrace Apartments
5931 E 12th StIndianapolis, IN 46219
close
View Me
2 Bedroom Apartments
East Village at Avondale Meadows Apartments
3810 Cooper Square CtIndianapolis, IN 46205
close
View Me
2 Bedroom Apartments
Three Fountains West Cooperative
5501 W 43rd StIndianapolis, IN 46254
close
View Me
2 Bedroom Apartments
Brownstone Apartments
3360 N Meridian StIndianapolis, IN 46208
close
View Me
2 Bedroom Apartments
Emerson Place
2110 Emerson Knoll PlIndianapolis, IN 46218
close
View Me
2 Bedroom Apartments
Hopeside I
2005 E 25th StIndianapolis, IN 46218
close
View Me
2 Bedroom Apartments
Lakes at Crossbridge
7925 Crossbridge DrIndianapolis, IN 46226
close
View Me
2 Bedroom Apartments
16 Park Apartments
1621 N Park AveIndianapolis, IN 46202
close
View Me
2 Bedroom Apartments
Whispering Pines
4444 Mission DrIndianapolis, IN 46254
close
View Me
2 Bedroom Apartments
Cloverleaf Apartments & Townhomes
835 Cloverleaf TerIndianapolis, IN 46241
close
View Me
2 Bedroom Apartments
Garfield Place
2236 Ransdell StIndianapolis, IN 46225
close
View Me
2 Bedroom Apartments
Mayfield Green Cooperative
5537 W 44th StIndianapolis, IN 46254
close
View Me
2 Bedroom Apartments
Charmwood Terrace
3419 N Pennsylvania StIndianapolis, IN 46205
close
View Me
2 Bedroom Apartments
The Jeffersonian Apartments Of Indianapolis
801 N Shortridge RdIndianapolis, IN 46219
close
View Me
2 Bedroom Apartments
SUITES OF IRVINGTON
5730 E Washington StIndianapolis, IN 46219
close
View Me
2 Bedroom Apartments
Sunstone at Arlington Woods
5620 E 30th StIndianapolis, IN 46218
close
View Me
2 Bedroom Apartments
Wexford on Bishops Pond
6352 Buoy LnIndianapolis, IN 46268
close
View Me
2 Bedroom Apartments
Maison Gardens Apartments
8808 Rue Madeleine RueIndianapolis, IN 46226
close
View Me
2 Bedroom Apartments
Red Maple Grove
2901 E Tabor StIndianapolis, IN 46203
close
View Me
2 Bedroom Apartments
East Ridge
2302 N Ritter AveIndianapolis, IN 46218
close
View Me
2 Bedroom Apartments
Marblehead
3310 N Meridian StIndianapolis, IN 46208
close
View Me
2 Bedroom Apartments
Atrium Village
2636 N Mitthoeffer RdIndianapolis, IN 46229
close
View Me
2 Bedroom Apartments
Hampshire Court
2455 Rolls DrIndianapolis, IN 46268
close
View Me
2 Bedroom Apartments
Historic Audubon Court
5703 E Washington StIndianapolis, IN 46219
close
View Me
2 Bedroom Apartments
Nola Court Apartments
4502 Indianola AveIndianapolis, IN 46205
close
View Me
2 Bedroom Apartments
The Regal Apartments
3603 N Washington BlvdIndianapolis, IN 46205
close
View Me
2 Bedroom Apartments
Cavalier Court
9108 E 38th PlIndianapolis, IN 46235
close
View Me
2 Bedroom Apartments
Crossroads at Southgreen
5030 Southgreen DrIndianapolis, IN 46227
close
View Me
2 Bedroom Apartments
Garfield Terrace Apartments
2401 S Shelby StIndianapolis, IN 46203
close
View Me
2 Bedroom Apartments
Reserves at Warren Park
9136 E 10th StIndianapolis, IN 46229
close
View Me
2 Bedroom Apartments
Canal Gardens
1249 Dr Martin Luther King Jr StIndianapolis, IN 46202
close
View Me
2 Bedroom Apartments
Pinewood Village Apartments
5402 Norfolk WayIndianapolis, IN 46224
close
View Me
2 Bedroom Apartments
Pleasant Creek Apartments
2816 E County Line RdIndianapolis, IN 46227
close
View Me
2 Bedroom Apartments
Trenton House Apartments
5936 Radnor RdIndianapolis, IN 46226
close
View Me
2 Bedroom Apartments
Stone Lake
2913 E Hanna AveIndianapolis, IN 46227
close
View Me
2 Bedroom Apartments
Overlook at the Fairgrounds
1720 E 38th StIndianapolis, IN 46218
close
View Me
2 Bedroom Apartments
Monon Station Apartments
4554 Winthrop AveIndianapolis, IN 46205
close
View Me
2 Bedroom Apartments
Admiral
3025 N Meridian StIndianapolis, IN 46208
close
View Me
2 Bedroom Apartments
Markwood Terrace Apartments
920 E Markwood AveIndianapolis, IN 46227
close
View Me
2 Bedroom Apartments
Canterbury House Apartments - Franklin Road
7955 Kingsmead DrIndianapolis, IN 46226
close
View Me
2 Bedroom Apartments
Campus Townhomes
531 Ransom StIndianapolis, IN 46202
close
View Me
2 Bedroom Apartments
Abbey Meadows
259 N Shortridge RdIndianapolis, IN 46219
close
View Me
2 Bedroom Apartments
The Sterling
8020 Madison AveIndianapolis, IN 46227
close
View Me
2 Bedroom Apartments
60 - ADDISON APARTMENTS
7155 E 21st StIndianapolis, IN 46219
close
View Me
2 Bedroom Apartments
Farhill Lake Apartments
4927 Encore DrIndianapolis, IN 46237
close
View Me
2 Bedroom Apartments
Braeburn Village
2170 Braeburn East DrIndianapolis, IN 46219
close
View Me
2 Bedroom Apartments
Saxony Court
29-49 S Audubon RdIndianapolis, IN 46219
Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Indianapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Indianapolis Studio Apartments | $1,189 | $495 | $5,277 |
| Indianapolis 1 Bedroom Apartments | $1,387 | $497 | $4,071 |
| Indianapolis 2 Bedroom Apartments | $1,647 | $545 | $5,655 |
| Indianapolis 3 Bedroom Apartments | $2,026 | $626 | $8,554 |
| Indianapolis 4 Bedroom Apartments | $1,804 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $7,296 | $950 | $10,000+ |
Explore Indianapolis
Let everyone know!
Do you know the Indianapolis area?
If you’re an expert on all things Indianapolis, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Indianapolis, IN Area Reviews
Do you know the Indianapolis area?
Let everyone know!
Write a ReviewWendy • 3+ years in Indianapolis
August 10, 2025One 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 $655.
What is the price of a cheap apartment in Indianapolis?
The cheapest apartment in Indianapolis is Postbrook East Apartments which is listed at $485, while the average apartment in Indianapolis costs $2,862.
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 10,456 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 $389 which is $2,473 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
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.
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.
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.
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.
Articles, How-To's, and Tips
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.