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$539 - $1,3961 to 2 Bedroom Apartments Available Now
Minnie Hartman
3734 E Vermont StIndianapolis, IN 46201
Cheap Senior Apartments for Rent in Indianapolis, IN from $300 (42 Rentals)
Senior Living Rental Options.
Cheap Apartments in Indianapolis.
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$563 - $1,3112 Bedroom Apartments Available Now
Line Lofts
1145 E Washington StIndianapolis, IN 46202
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$699 - $1,639Studio to 2 Bedroom Apartments Available Now
King's Reserve College Park 55+ Active Living
8810 Colby BlvdIndianapolis, IN 46268
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$699 - $975Studio to 3 Bedroom Apartments Available Now
Cambridge Commons
4959 Oakhurst DrIndianapolis, IN 46254
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$715 - $1,150Studio to 2 Bedroom Apartments Available Now
Serenity Manor 55+ Independent Active Living
1123 N Edmondson AveIndianapolis, IN 46219
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$759 - $1,529
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$595 - $1,365
Required Monthly Fees
$164
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$759 - $1,529
Pinnacle West
230 Welcome Way BlvdIndianapolis, IN 46214
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$7781 Bedroom Apartments Available Now
Abbey Apartments - Affordable Senior Housing
4012 S Mann RdIndianapolis, IN 46221
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$779 - $1,224Studio to 2 Bedroom Apartments Available Now
Stonehenge
7980 Dunston DrIndianapolis, IN 46239
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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$809 - $1,2491 to 3 Bedroom Apartments Available Now
Covered Bridge
4909 Covered Bridge RdIndianapolis, IN 46268
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$845 - $9451 to 2 Bedroom Apartments Available Now
Churchman Woods
5350 Churchman AveIndianapolis, IN 46203
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Rent Specials
$944 - $1,380
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$934 - $1,370
Required Monthly Fees
$10
Total Monthly Price
$944 - $1,380
Benjamin Court
5810 Lee RdIndianapolis, IN 46216
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$949 - $1,324Studio to 2 Bedroom Apartments Available Now
River West Flats
1150 N White River Pkwy West DrIndianapolis, IN 46222
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$1,000 - $1,5001 to 2 Bedroom Apartments Available Now
Home Place Senior Living
6734 Millside DrIndianapolis, IN 46221
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$1,000 - $1,1191 to 2 Bedroom Apartments Available Now
Willow Brook
2111 E 52nd StIndianapolis, IN 46205
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$1,008 - $1,1211 to 2 Bedroom Apartments Available Now
The Towers at Crooked Creek Senior Housing
7988 N Michigan RdIndianapolis, IN 46268
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$1,029 - $1,969Studio to 3 Bedroom Apartments Available Now
The Manning Apartment Homes
8101 Laguna DrIndianapolis, IN 46260
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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$1,081 - $1,2921 to 2 Bedroom Apartments Contact Us For Availability
Wyndham Hall Senior
1910 Wellesley BlvdIndianapolis, IN 46219
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$1,099 - $2,2091 to 3 Bedroom Apartments Available Now
Edison at Meridian Hills
811 Antique CtIndianapolis, IN 46260
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$1,155 - $1,3721 to 2 Bedroom Apartments Available Now
Cedar Ridge
3820 Cedar Ridge RdIndianapolis, IN 46235
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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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$1,379 - $2,0092 to 3 Bedroom Apartments Available Now
Everly at Meridian Hills
832 Park Central CtIndianapolis, IN 46260
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1 to 2 Bedroom Apartments
Parkside At Tarkington
3901 N Meridian StIndianapolis, IN 46208
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2 Bedroom Apartments
Hopeside I
2005 E 25th StIndianapolis, IN 46218
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Studio to 2 Bedroom Apartments
Spicewood
354 Spicewood DrIndianapolis, IN 46227
When Life Happens: Your Options for Ending a Rental Lease Early
Unexpected life events can force you to break your lease. Learn how to communicate with your landlord, negotiate a solution, and understand your legal options for early termination.
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1 to 2 Bedroom Apartments
The Reserve at White River
2774 Pixel RdIndianapolis, IN 46222
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1 to 2 Bedroom Apartments
Nora Commons on the Monon Senior Apartments
8905 Evergreen AveIndianapolis, IN 46240
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Studio to 2 Bedroom Apartments
Crestwood Village North
9225 Garrison DrIndianapolis, IN 46240
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Studio to 3 Bedroom Apartments
Fountain Lake Villas
2220 E Stop 13 RdIndianapolis, IN 46227
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1 to 2 Bedroom Apartments
Stetson Senior Apartments
703 E 30th StIndianapolis, IN 46205
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1 to 2 Bedroom Apartments
Brookhaven at County Line Senior Apartments
940 Wild Indigo LnIndianapolis, IN 46227
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1 to 2 Bedroom Apartments
Georgetown Woods Senior Apartments
5360 Georgetown RdIndianapolis, IN 46254
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Studio to 2 Bedroom Apartments
Morton School Senior Apartments
2101 N College AveIndianapolis, IN 46202
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.
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Studio to 2 Bedroom Apartments
Illinois Street Senior Apartments
1352 N Illinois StIndianapolis, IN 46202
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1 to 2 Bedroom Apartments
The Retreat On Washington
2950 Kirkbride WayIndianapolis, IN 46222
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Studio to 2 Bedroom Apartments
Crestwood Village South
8809 Madison AveIndianapolis, IN 46227
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Rent Specials
$999 - $1,8491 to 2 Bedroom Apartments Available Now
The Fairways at Valle Vista
610 Paradise CtGreenwood, IN 46143
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1 to 2 Bedroom Apartments
Clary Crossing Senior Villas
3226 Clary BlvdGreenwood, IN 46143
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1 to 2 Bedroom Apartments
Main Street Commons
635 E Main StGreenwood, IN 46143
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1 to 2 Bedroom Apartments
Kinnley Court
3650 Clarks Creek RdPlainfield, IN 46168
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1 to 2 Bedroom Apartments
Thornbury Pointe Senior Apartment Homes
1055 Banham CtAvon, IN 46123
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.
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Studio to 3 Bedroom Apartments
The Blvd at Anson
6290 Central BlvdWhitestown, IN 46075
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Studio to 2 Bedroom Apartments
Randall Residence at Gateway Park
6338 W Quiet RdGreenfield, IN 46140
Showing Results 1-42, Page 1 of 1
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 | $1,161 | $595 | $5,203 |
| Indianapolis 1 Bedroom Apartments | $1,377 | $497 | $4,895 |
| Indianapolis 2 Bedroom Apartments | $1,634 | $563 | $6,227 |
| Indianapolis 3 Bedroom Apartments | $2,043 | $950 | $9,966 |
| Indianapolis 4 Bedroom Apartments | $1,979 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $7,478 | $1,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Explore Indianapolis
Indianapolis, IN Local Guide
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleYour Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
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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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 Volrath which is listed at $649, while the average apartment in Indianapolis costs $2,691.
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 9,424 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 $363 which is $2,328 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
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.
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.
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.
Articles, How-To's, and Tips
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.