
Cheap Corporate Apartments for Rent in Indianapolis, IN from $300 (133 Rentals) Page 2 of 3
Corporate Rentals in Indianapolis.
Cheap Apartments in Indianapolis.


Chateau in the Woods

Park at Eagle Creek

Buffalo Creek Apartments

Mozzo apartments

Pier 39 Apartments & Townhomes

Country Lake Estates

The Residences on 56th Street

The 85Twenty

Keeneland Crest Apartments
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.

Enclave at Eagle Creek Apartments

Wesmont

Harbour Pointe

Wyckford Commons

The Villages of Bent Tree Apartments

The Life at Belhaven Place

Oak Park

Arborwood Apartments

Riverchase Apartments

Axis
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

Sundance Apartments

Center Point

Stone Ridge Flats and Townhomes

Ralston Apartments

Nook Nine

Heritage Apartments

Covington Square

Southern Dunes

Riverview

Broad Ripple Flats

Lakeshore Apartments

Latitudes Apartments

9 On Canal

CityWay

Monon Living

River Crossing

Murphy's Landing

The Timbers Apartments

Grande Reserve at Geist

Lake Clearwater Apartments

Circa Apartments

North Willow

The Grounds

The Jacob

Monon Park, Managed by Buckingham Monon Living

The Congress at Library Square
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 | $1,192 | $595 | $5,274 |
| Indianapolis 1 Bedroom Apartments | $1,371 | $597 | $4,488 |
| Indianapolis 2 Bedroom Apartments | $1,639 | $563 | $8,691 |
| Indianapolis 3 Bedroom Apartments | $2,034 | $925 | $10,000+ |
| Indianapolis 4 Bedroom Apartments | $1,714 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $22,166 | $10,000 | $10,000+ |
Explore Indianapolis
Indianapolis, IN Area Reviews
Wendy • 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 Volrath which is listed at $649, while the average apartment in Indianapolis costs $2,598.
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 9,212 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 $377 which is $2,221 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.
Articles, How-To's, and Tips

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.

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!



