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$1,260 - $2,1201 to 3 Bedroom Apartments Available Now
The Fort Apartments
9230 Memorial Park DrIndianapolis, IN 46216
Cheap Pet Friendly Apartments for Rent in Indianapolis, IN from $300 (583 Rentals) Page 7 of 12
Pet Friendly Indianapolis Rentals.
Cheap Apartments in Indianapolis.
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$1,262 - $3,1231 to 3 Bedroom Apartments Available Now
Bayview Club Apartments
7545 Bayview Club DrIndianapolis, IN 46250
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$1,265 - $1,935Studio to 2 Bedroom Apartments Available Now
The E'Laan
515 E Market StIndianapolis, IN 46204
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$1,266 - $1,975Studio to 2 Bedroom Apartments Available Now
Canal Overlook Apartments
430 N Indiana AveIndianapolis, IN 46202
1801 N Broadway St
IndianapolisIN46202
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$1,275 - $1,9751 to 2 Bedroom Apartments Available Now
The Marott Apartments
2625 N Meridian StIndianapolis, IN 46208
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$1,275 - $2,6831 to 2 Bedroom Apartments Available Now
Monon 46
4560 Ocean StIndianapolis, IN 46205
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$1,275 - $2,500Studio to 2 Bedroom Apartments Available Now
The Leo
748 Bates StIndianapolis, IN 46202
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$1,275 - $1,3501 Bedroom Apartments Available Now
Colmar Apartments
1620 Central AveIndianapolis, IN 46202
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$1,282 - $1,3332 Bedroom Apartments Available Now
Edgewater Apartments
6701 N College AveIndianapolis, IN 46220
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$1,285 - $1,7901 to 2 Bedroom Apartments Available Now
Pleasant Run Senior Apartments
4701 Todd RdIndianapolis, IN 46237
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$1,286 - $3,125Studio to 2 Bedroom Apartments Available Now
Cosmopolitan on the Canal
310 W Michigan StIndianapolis, IN 46202
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$1,289 - $2,3381 Bedroom Apartments Available Now
333 Penn Apartments
333 N Pennsylvania StIndianapolis, IN 46204
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$1,299 - $2,3141 to 2 Bedroom Apartments Available Now
VITRA Apartments
8785 Keystone XingIndianapolis, IN 46240
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$1,292 - $1,6362 to 4 Bedroom Apartments Available Now
The Reserve at Franklin Glenn I LP
8016 Louisville DrIndianapolis, IN 46226
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$1,294 - $1,8501 to 2 Bedroom Apartments Available Now
Park 66 Flats
888 E 66th StIndianapolis, IN 46220
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$1,295 - $3,095Studio to 2 Bedroom Apartments Available Now
The Coil
6349 N College AveIndianapolis, IN 46220
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$1,298 - $2,1341 to 3 Bedroom Apartments Available Now
The Timbers Apartments
4545 Scarlet Oak WayIndianapolis, IN 46237
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$1,2992 Bedroom Apartments Available Now
Mansion Row - Where Historic Charm Meets Modern
2602 Mansion DrIndianapolis, IN 46222
237 Villa Ave
IndianapolisIN46201
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1 to 4 Bedroom Apartments
Canterbury House Apartments - Franklin Road
7955 Kingsmead DrIndianapolis, IN 46226
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Studio to 2 Bedroom Apartments
Northside Flats Apartments
1503 N Pennsylvania StIndianapolis, IN 46202
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1 to 3 Bedroom Apartments
East Village at Avondale Meadows Apartments
3810 Cooper Square CtIndianapolis, IN 46205
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Studio to 1 Bedroom Apartments
VILLAGE AT FALL CREEK
3520-3534 Fall Creek Parkway North DrIndianapolis, IN 46205
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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 | $515 | $5,274 |
| Indianapolis 1 Bedroom Apartments | $1,349 | $597 | $4,292 |
| Indianapolis 2 Bedroom Apartments | $1,618 | $563 | $5,706 |
| Indianapolis 3 Bedroom Apartments | $1,997 | $801 | $10,000+ |
| Indianapolis 4 Bedroom Apartments | $1,703 | $550 | $6,781 |
| Indianapolis 5 Bedroom Apartments | $5,104 | $2,750 | $8,992 |
Explore Indianapolis
Let everyone know!
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If you’re an expert on all things Indianapolis, tell us what you love (and don't) by rating it and writing a review.
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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
Do you know the Indianapolis area?
Let everyone know!
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 Clearview which is listed at $659, while the average apartment in Indianapolis costs $2,388.
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 3,621 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 $352 which is $2,036 cheaper than the average rent for all rentals in Indianapolis.
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.
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.