
Cheap Senior Apartments for Rent in Indianapolis, IN from $300 (34 Rentals)
Senior Living Rental Options.
Cheap Apartments in Indianapolis.


Abbey Apartments - Affordable Senior Housing

Serenity Manor 55+ Independent Senior Living

King's Reserve College Park - 55+ Senior

Churchman Woods
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.

Sherman Village

Minnie Hartmann Center

Home Place Senior Living

The Towers at Crooked Creek Senior Housing

Benjamin Court

Wynbrooke Senior Apartments

Pleasant Run Senior 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.

Nora Commons on the Monon Senior Apartments

Georgetown Woods Senior Apartments

Brookhaven at County Line Senior Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

The Gallery Apartments

Grove Crossing

Outlook Hamilton 55+ Active Adult 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.
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 | $1,277 | $585 | $6,129 |
Indianapolis 1 Bedroom Apartments | $1,429 | $325 | $4,106 |
Indianapolis 2 Bedroom Apartments | $1,709 | $700 | $8,011 |
Indianapolis 3 Bedroom Apartments | $2,045 | $798 | $10,000+ |
Indianapolis 4 Bedroom Apartments | $2,111 | $550 | $4,850 |
Explore Indianapolis

Indianapolis, IN Local Guide
- Indianapolis Neighborhoods
- Nearby Cities
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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.