
Cheap Loft Style Apartments for Rent in Indianapolis, IN from $300 (20 Rentals)
Loft Style Apartments in Indianapolis.
Cheap Apartments in Indianapolis.


Bristol Square

Lake Marina Apartments

Avia Lofts at Founders Road

The Residences on 56th Street
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.

Woods of Castleton

The Continental Towers at Vermont Place

Temple Lofts

Maxwell Apartments

The E'Laan

CityWay
What Exactly Is a Loft Style Apartment?
Apartments come in many varieties. Among these, the so-called ‘Loft Apartment’ usually features higher ceilings, and larger windows, and frequently includes industrial design elements.

THE GRANDE RESERVE AT GEIST

Ardmore Apartments

Canal Overlook Apartments
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.

The Depot At Nickel Plate

Alexandria of Carmel Apartments

OLD TOWN ON THE MONON
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 | $1,276 | $585 | $6,129 |
Indianapolis 1 Bedroom Apartments | $1,428 | $325 | $4,117 |
Indianapolis 2 Bedroom Apartments | $1,714 | $700 | $8,011 |
Indianapolis 3 Bedroom Apartments | $2,044 | $798 | $10,000+ |
Indianapolis 4 Bedroom Apartments | $2,111 | $550 | $4,850 |
Explore Indianapolis

Indianapolis, IN Local Guide
- Indianapolis Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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.
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 $610.
How much is rent for a Cheap One Bedroom Indianapolis Apartment?
The lowest price for a Cheap One Bedroom Indianapolis Apartment is $693 at East Village at Avondale Meadows Apartments.
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 $700 at Courts Apartments.
What is the most affordable Indianapolis Three Bedroom Apartment?
The best deal on a cheap Indianapolis Three Bedroom Apartment rental is at Grove on Harcourt and starts from $798.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.