
Cheap Gated Apartments for Rent in Indianapolis, IN from $300 (178 Rentals) Page 4 of 4
Search the lowest-cost Apartments available for rent right now in Indianapolis.


Double Creek Flats Apartments

Madison at Greenwood

Emerald Lakes

The Ascent Apartments of Plainfield

Union Green

The Arbuckle

The State at Fishers Apartments

Nickel Plate Station

Wilshaw

Aria Apartments of Zionsville

Nese Apartments

Grove Crossing

BroadAcre Apartments of McCordsville

Wellington Place

Riley Crossing at Gateway Park

Flats at Stones Crossing

Carmel Center

The Seasons of Carmel

McCord Square Apartments

Alinium at Zionsville

The Hangar on Emerson

The Foundry at Heartland Crossing

Hobbs Station

Satori Flats

District South

Wentworth at WestClay Condominiums
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 | $1,176 | $448 | $5,271 |
| Indianapolis 1 Bedroom Apartments | $1,374 | $581 | $4,071 |
| Indianapolis 2 Bedroom Apartments | $1,654 | $563 | $5,706 |
| Indianapolis 3 Bedroom Apartments | $2,018 | $999 | $8,415 |
| Indianapolis 4 Bedroom Apartments | $1,854 | $600 | $8,416 |
| Indianapolis 5 Bedroom Apartments | $4,024 | $1,000 | $8,782 |
Explore Indianapolis
Getting Around Indianapolis, IN
Walk Score®
50 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
53 / 100
Bikeable
Some bike infrastructure
Transit Score®
29 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 the Cheapest Studio apartment in Indianapolis?
Currently the most affordable Cheap Studio Apartment in Indianapolis is at The Stratford listed at $520.
How much is rent for a Cheap One Bedroom Indianapolis Apartment?
The lowest price for a Cheap One Bedroom Indianapolis Apartment is $699 at Meridian Towers.
What is the lowest price for a Cheap Two Bedroom Indianapolis Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Indianapolis is starting from $563 at Line Lofts.
What is the most affordable Indianapolis Three Bedroom Apartment?
The best deal on a cheap Indianapolis Three Bedroom Apartment rental is at El Dorado Apartments and starts from $1,072.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

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!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
