
Cheap Pet Friendly Apartments for Rent in Indianapolis, IN from $543 (746 Rentals) Page 11 of 15
Pet Friendly Indianapolis Rentals.
Cheap Apartments in Indianapolis.


Saxony Court

Spruce Manor Apartments

Raleigh

Charleston East Apartments

PENN ARTS

1354 Shelby St

Van Dyke

Lawrence Glen

Chapel Hill Apartments

Nola Court Apartments

Foxhill Manor Cooperative

The Maryden

The Villages of Bent Tree Apartments

The George Apartment Homes

The Vue

7 Pointe Apartments

Proctor Place

Clifford Corners

Buffalo Creek Apartments

Estates of Creekside Apartments

Fountain Parc

St. James

Compton Court Apartments

Spink

The Haciendas

Grid

Harbour Pointe

Franklin Cove

Wyckford Commons

Forty Six Flats

Enclave at Eagle Creek Apartments

The McKay

Morton School Senior Apartments

Edge 35

The Jameson

Lakes of Georgetown

The Richelieu

Creekside Square Phase II

Aspen Pointe Apartments

Arborwood Apartments

Dakota Ridge

Stratford Place Apartments

Brookhaven at County Line Senior Apartments

Illinois Street Senior Apartments

Park Place Apartments

Crooked Creek

9000 Westfield Apartments

The Lodge Apartments

City's End
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+ |
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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 Central @ 29 which is listed at $543, 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.