close
View Me
3 Bedroom Apartments
East Ridge
2302 N Ritter AveIndianapolis, IN 46218
Cheap 3 Bedroom Apartments for Rent in Indianapolis, IN from $900 (76 Rentals) Page 2 of 2
close
View Me
3 Bedroom Apartments
Cavalier Court
9108 E 38th PlIndianapolis, IN 46235
close
View Me
3 Bedroom Apartments
Maison Gardens
8808 Rue Madeleine RueIndianapolis, IN 46226
close
View Me
3 Bedroom Apartments
Historic Audubon Court
5703 E Washington StIndianapolis, IN 46219
close
View Me
3 Bedroom Apartments
Charleston East Apartments
6938 E 10th StIndianapolis, IN 46219
close
View Me
3 Bedroom Apartments
Heather Ridge
3245 Heather Ridge DrIndianapolis, IN 46214
close
View Me
3 Bedroom Apartments
Summit at Keystone
6630 Glenbrook DrIndianapolis, IN 46220
close
View Me
3 Bedroom Apartments
Remington on Rockville
7455 Rockleigh AveIndianapolis, IN 46214
close
View Me
3 Bedroom Apartments
East Village at Avondale Meadows Apartments
3810 Cooper Square CtIndianapolis, IN 46205
close
View Me
3 Bedroom Apartments
9000 Westfield Apartments
9000 Westfield BlvdIndianapolis, IN 46240
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
close
View Me
3 Bedroom Apartments
Trenton House Apartments
5936 Radnor RdIndianapolis, IN 46226
close
View Me
3 Bedroom Apartments
South & Madison
1819 Madison Village DrIndianapolis, IN 46227
close
View Me
3 Bedroom Apartments
Sebring Court
1902 Parsons DrIndianapolis, IN 46224
close
View Me
3 Bedroom Apartments
Braeburn Village
2170 Braeburn East DrIndianapolis, IN 46219
close
View Me
3 Bedroom Apartments
Stonegate Apartments
1220-1226 N Illinois StIndianapolis, IN 46202
close
View Me
$1,181 - $1,7523 Bedroom Apartments Available Now
Beech Meadow Apartments
147 Diplomat CtBeech Grove, IN 46107
close
View Me
Rent Specials
$1,250 - $1,3003 Bedroom Apartments Available Now
Camby Crossing
7402 Camby Crossing DrCamby, IN 46113
close
View Me
$1,298 - $1,4903 Bedroom Apartments Contact Us For Availability
Gladden Farms
311 Country LnPlainfield, IN 46168
close
View Me
3 Bedroom Apartments
The Commons at Wynne Farms Apartments
2828 Redrock Rd WBrownsburg, IN 46112
close
View Me
3 Bedroom Apartments
Arbor Manor
212 Churchill DrMooresville, IN 46158
Check Out Indianapolis’s Best Affordable Neighborhoods
Learn about Indianapolis and the best places to live with original content written by our Local Expert Wendy Melton
close
View Me
3 Bedroom Apartments
Greenwood MHP
7248 W Stones Crossing RdGreenwood, IN 46143
close
View Me
3 Bedroom Apartments
Haven Homes
556 Ally BlvdPlainfield, IN 46168
close
View Me
3 Bedroom Apartments
Pebble Creek
225 Pebble Creek DrGreenwood, IN 46143
close
View Me
3 Bedroom Apartments
Beacon Pointe Apartments
1206 Beacon Pointe DrGreenwood, IN 46143
close
View Me
3 Bedroom Apartments
Cumberland Cottages
13995 Cumberland RdFishers, IN 46038
close
View Me
3 Bedroom Apartments
Cumberland Crossing
10225 Stage Coach TrlFishers, IN 46037
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 | $1,175 | $595 | $5,271 |
| Indianapolis 1 Bedroom Apartments | $1,380 | $597 | $5,253 |
| Indianapolis 2 Bedroom Apartments | $1,643 | $563 | $4,788 |
| Indianapolis 3 Bedroom Apartments | $2,026 | $900 | $10,000+ |
| Indianapolis 4 Bedroom Apartments | $1,652 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $14,534 | $1,000 | $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 $705.
What is the price of a cheap apartment in Indianapolis?
The cheapest apartment in Indianapolis is El Dorado Apartments which is listed at $1,008, while the average apartment in Indianapolis costs $2,920.
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 9,675 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 $359 which is $2,561 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
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!