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$1,499
Total Monthly Price
3 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$999 - $1,499
Total Monthly Price
$999 - $1,499
1701 Fletcher Ave
1701 Fletcher AveIndianapolis, IN 46203
Cheap 3 Bedroom Apartments for Rent in Indianapolis, IN from $799 (165 Rentals) Page 3 of 4
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$1,5003 Bedroom Apartments Available Now
5652 E 19th St, Unit 2
5652 E 19th StIndianapolis, IN 46218
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$1,5003 Bedroom Apartments Available Now
The Abby
4656 Edwardian CirIndianapolis, IN 46254
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$1,500 - $1,6003 Bedroom Apartments Contact Us For Availability
Spanish Oaks
3645 Wingate CtIndianapolis, IN 46235
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$1,5003 Bedroom Apartments Contact Us For Availability
Waterfront Terrace
3510 Kebil DrIndianapolis, IN 46224
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$1,5003 Bedroom Apartments Available Now
Warren Harbor Apartments
9300 E 21st StIndianapolis, IN 46229
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$1,500 - $1,7003 Bedroom Apartments Available Now
Eagle’s Edge
4301 Falcon Creek BlvdIndianapolis, IN 46254
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3 Bedroom Apartments
The Villages at Mill Crossing
3615 Sherman Forest DrIndianapolis, IN 46205
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Maplewood
12451 Pendleton PikeIndianapolis, IN 46236
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Garfield Parkside Townhomes
401 E Southern AveIndianapolis, IN 46225
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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3 Bedroom Apartments
Emerson Place
2110 Emerson Knoll PlIndianapolis, IN 46218
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Mayfield Green Cooperative
5537 W 44th StIndianapolis, IN 46254
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Addison Creek
58 Port Ocall DrIndianapolis, IN 46224
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Valley Brook MHC
4620 S High School RdIndianapolis, IN 46241
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Cloverleaf Apartments & Townhomes
835 Cloverleaf TerIndianapolis, IN 46241
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Deerfield Acres
4000 Foltz StIndianapolis, IN 46221
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Maison Gardens Apartments
8808 Rue Madeleine RueIndianapolis, IN 46226
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Brownstone Apartments
3360 N Meridian StIndianapolis, IN 46208
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Red Maple Grove
2901 E Tabor StIndianapolis, IN 46203
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Pinewood Village Apartments
5402 Norfolk WayIndianapolis, IN 46224
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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3 Bedroom Apartments
Whispering Pines
4444 Mission DrIndianapolis, IN 46254
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Cavalier Court
9108 E 38th PlIndianapolis, IN 46235
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Historic Audubon Court
5703 E Washington StIndianapolis, IN 46219
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Charleston East Apartments
6938 E 10th StIndianapolis, IN 46219
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Proctor Place
240 N Warman AveIndianapolis, IN 46222
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Postbrook East Apartments
9265 E 41st StIndianapolis, IN 46235
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Heather Ridge
3245 Heather Ridge DrIndianapolis, IN 46214
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East Village at Avondale Meadows Apartments
3810 Cooper Square CtIndianapolis, IN 46205
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Remington on Rockville
7455 Rockleigh AveIndianapolis, IN 46214
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9000 Westfield Apartments
9000 Westfield BlvdIndianapolis, IN 46240
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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3 Bedroom Apartments
Trenton House Apartments
5936 Radnor RdIndianapolis, IN 46226
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South & Madison
1819 Madison Village DrIndianapolis, IN 46227
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Stonegate Apartments
1220-1226 N Illinois StIndianapolis, IN 46202
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Fountain Lake Villas
2220 E Stop 13 RdIndianapolis, IN 46227
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Chapel Hill Apartments
7452 Bentley DrIndianapolis, IN 46214
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418 Eastern Ave
418 Eastern AveIndianapolis, IN 46201
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3 Bedroom Apartments
550 Fletcher Ave
550 Fletcher AveIndianapolis, IN 46203
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Dakota Ridge
1510 Dakota Ridge DrIndianapolis, IN 46217
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Oakbrook Village
6098 Georgetown RdIndianapolis, IN 46254
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Sebring Court
1902 Parsons DrIndianapolis, IN 46224
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Pickwick Farms Apartments
1540 Handball LnIndianapolis, IN 46260
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Lake Camelot Apartments
6475 Excalibur CtIndianapolis, IN 46268
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Monon Park, Managed by Buckingham Monon Living
5801 N Olney StIndianapolis, IN 46220
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Franklin Cove
8505 Faywood DrIndianapolis, IN 46239
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10 West Apartments
7855 Cimarron TrlIndianapolis, IN 46214
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Estates of Creekside Apartments
8055 Crossing DrIndianapolis, IN 46227
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$1,177 - $1,6433 Bedroom Apartments Available Sep 30
Beech Meadow Apartments
147 Diplomat CtBeech Grove, IN 46107
7355 Westchester Dr
LawrenceIN46226
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$1,349 - $1,5253 Bedroom Apartments Available Now
Westminster Apartments and Townhomes
921 Parliament PlGreenwood, IN 46142
4610 Karen Dr
LawrenceIN46226
Renting Smart: Lease Basics Every Renter Needs
Demystify Your Rental Lease. Learn the basics about renting, deposits, and tenant/landlord responsibilities. Rent smart and avoid surprises. | Renter University at ApartmentHomeLiving.com
Showing Results 101-150, Page 3 of 4
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 | $1,212 | $556 | $6,128 |
| Indianapolis 1 Bedroom Apartments | $1,388 | $543 | $4,663 |
| Indianapolis 2 Bedroom Apartments | $1,667 | $650 | $10,000+ |
| Indianapolis 3 Bedroom Apartments | $2,003 | $799 | $8,628 |
| Indianapolis 4 Bedroom Apartments | $2,294 | $600 | $7,441 |
| Indianapolis 5 Bedroom Apartments | $5,847 | $2,800 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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 $699.
What is the price of a cheap apartment in Indianapolis?
The cheapest apartment in Indianapolis is Maison Gardens Apartments which is listed at $870, while the average apartment in Indianapolis costs $1,392.
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 5,799 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 $285 which is $1,107 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
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.
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.
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.
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.
Articles, How-To's, and Tips
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.