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2 Bedroom Apartments
PENN ARTS
111 E 16th StIndianapolis, IN 46202
Cheap 2 Bedroom Apartments for Rent in Indianapolis, IN from $563 (500 Rentals) Page 9 of 10
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2 Bedroom Apartments
Freeman Apartments
9117 Briergate CtIndianapolis, IN 46229
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2 Bedroom Apartments
Honey Creek Apartments
3510 N High School RdIndianapolis, IN 46224
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2 Bedroom Apartments
Slate Run Lofts
9555 International DrIndianapolis, IN 46268
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2 Bedroom Apartments
Forest Ridge Apartment Homes
7676 Horsetail DrIndianapolis, IN 46260
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2 Bedroom Apartments
Franklin Cove
8505 Faywood DrIndianapolis, IN 46239
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2 Bedroom Apartments
Dakota Ridge
1510 Dakota Ridge DrIndianapolis, IN 46217
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2 Bedroom Apartments
Park Place Apartments
1349 Saddlebrook CtIndianapolis, IN 46228
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2 Bedroom Apartments
Lighthouse Landings
6640 Heron Neck DrIndianapolis, IN 46217
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2 Bedroom Apartments
Lakes of Georgetown
6335 Sandyside DrIndianapolis, IN 46268
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2 Bedroom Apartments
Stratford Place Apartments
6050 Castleford DrIndianapolis, IN 46203
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2 Bedroom Apartments
The Davlan
430 Massachusetts AveIndianapolis, IN 46204
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2 Bedroom Apartments
Windmill
10705 E Us-136Indianapolis, IN 46234
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2 Bedroom Apartments
The Overlook at Riverdale- Marian University
3200 Cold Spring RdIndianapolis, IN 46222
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2 Bedroom Apartments
Historic Irvington Flats
222 S Downey AveIndianapolis, IN 46219
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2 Bedroom Apartments
Private Reserve Townhomes
1941 Suffolk LnIndianapolis, IN 46260
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2 Bedroom Apartments
Monon Lofts
1122 E 16th StIndianapolis, IN 46202
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2 Bedroom Apartments
The Steeples on Washington
2910 Steeples DrIndianapolis, IN 46222
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2 Bedroom Apartments
Ohio Street TownHomes
1052 E Ohio StIndianapolis, IN 46202
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2 Bedroom Apartments
Fairfax Duplexes
2123 Fairfax RdIndianapolis, IN 46227
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$920 - $1,0152 Bedroom Apartments Contact Us For Availability
Waterbury Apartments
421 Waterbury StGreenwood, IN 46142
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$941 - $2,2422 Bedroom Apartments Available Now
Polo Run Apartments
800 Kings Mill RdGreenwood, IN 46142
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Rent Specials
$949 - $1,3362 Bedroom Apartments Available Now
Beech Meadow Apartments
147 Diplomat CtBeech Grove, IN 46107
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$1,000 - $1,0752 Bedroom Apartments Available Now
Beech Tree Glen Apartments
240 Grovewood PlBeech Grove, IN 46107
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$1,000 - $2,785
Total Monthly Price
2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$800 - $2,830
Required Monthly Fees
$15
Total Monthly Price
$815 - $2,845
Clearview
715 Clearview DrGreenwood, IN 46143
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$1,004 - $1,4282 Bedroom Apartments Contact Us For Availability
Stanford Court
1815 Foyt DrSpeedway, IN 46224
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$1,011 - $1,2532 Bedroom Apartments Available Now
Auburn Place
745 Wooddale TerGreenwood, IN 46142
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$1,015 - $1,3252 Bedroom Apartments Available Now
Stafford Pointe
800 Southfield DrPlainfield, IN 46168
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$1,050 - $1,6052 Bedroom Apartments Available Now
Yorktowne Farms Community
1570 Countryside DrGreenwood, IN 46143
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$1,074 - $1,3942 Bedroom Apartments Available Now
Courts of Valle Vista
714 Connors DrGreenwood, IN 46143
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$1,075 - $1,2002 Bedroom Apartments Contact Us For Availability
Camby Crossing
7402 Camby Crossing DrCamby, IN 46113
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$1,0942 Bedroom Apartments Contact Us For Availability
Somerset Place
136 Somerset DrGreenwood, IN 46143
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$1,095 - $1,220
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$775 - $1,230
Required Monthly Fees
$215
Total Monthly Price
$990 - $1,445
LaCabreah Apartments
7130 LaCabreah DrBrownsburg, IN 46112
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$1,098 - $1,1982 Bedroom Apartments Available Mar 1
Sugar Creek Apartments
4291-4298 Eclipse WayNew Palestine, IN 46163
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$1,1202 Bedroom Apartments Contact Us For Availability
Hunter Ridge Apartments
250 N East StPlainfield, IN 46168
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$1,124 - $1,1692 Bedroom Apartments Contact Us For Availability
The Brixton
4929 Red Robin DrBeech Grove, IN 46107
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$1,145
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,145
Total Monthly Price
$1,145
Lakeside at Walnut Hills
644 Lakeside DrPlainfield, IN 46168
4465-4467 E 550 S
LebanonIN46052
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$1,150 - $1,4752 Bedroom Apartments Available Now
Westminster Apartments and Townhomes
921 Parliament PlGreenwood, IN 46142
231 Lark Dr
CarmelIN46032
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$1,200 - $1,3322 Bedroom Apartments Available Now
Dublin Glen Apartments
510 Enderly AveBrownsburg, IN 46112
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$1,204 - $1,5792 Bedroom Apartments Available Now
Willow Glen South
4880 Willow Glen DrBeech Grove, IN 46107
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$1,209 - $1,523
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$988 - $1,651
Required Monthly Fees
$32
Total Monthly Price
$1,020 - $1,683
Summit Pointe
2400 E Main StGreenwood, IN 46143
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$1,220 - $1,4502 Bedroom Apartments Available Now
St. Andrews
1201 Carson WayGreenwood, IN 46143
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$1,225 - $1,5252 Bedroom Apartments Available Now
Washington Village Apartments
4211 W Potomac DrGreenfield, IN 46140
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$1,230 - $1,2502 Bedroom Apartments Available Now
Crown Plaza
1995 Crown Plaza BlvdPlainfield, IN 46168
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$1,259 - $1,3392 Bedroom Apartments Available Now
Stonehedge Apartments
1563 Stonehedge CtGreenwood, IN 46142
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$1,275 - $1,3752 Bedroom Apartments Available Now
Park Madison Apartments
614 Madison RdGreenwood, IN 46142
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$1,280 - $1,5612 Bedroom Apartments Available Now
Carmel Woods
1010 Clubhouse CtCarmel, IN 46032
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$1,282 - $2,6002 Bedroom Apartments Available Now
Honey Creek
1786 Honey LnGreenwood, IN 46143
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 | $1,158 | $595 | $5,671 |
| Indianapolis 1 Bedroom Apartments | $1,371 | $497 | $4,842 |
| Indianapolis 2 Bedroom Apartments | $1,630 | $563 | $6,212 |
| Indianapolis 3 Bedroom Apartments | $2,029 | $825 | $10,000+ |
| Indianapolis 4 Bedroom Apartments | $1,651 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $9,642 | $1,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Indianapolis, IN Area Reviews
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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 $700.
What is the price of a cheap apartment in Indianapolis?
The cheapest apartment in Indianapolis is East Village at Avondale Meadows Apartments which is listed at $579, while the average apartment in Indianapolis costs $2,634.
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 9,222 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 $372 which is $2,262 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.
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.