
Cheap Apartments for Rent in Indianapolis, IN from $300 with Swimming Pool (320 Rentals) Page 3 of 7
Search the lowest-cost Apartments available for rent right now in Indianapolis.


Total Monthly Price
Chateau in the Woods

Martinique Terrace

Veridian Castleton

A62 Apartments

CityView on Meridian

Estates of Creekside Apartments

Northwood on the Trail

The Sycamores

City Heights

Woodlake

Castleton Manor Apartments

The Lenox Apartment Homes

Riverside

Ashton Pointe

Woodbridge Castleton

The Manning Apartment Homes

The Masters Apartments

Total Monthly Price
The Elliott at College Park Apartment Homes

Pier 39 Apartments & Townhomes

College Courts

Buffalo Creek Apartments

Aura Apartments

Total Monthly Price
Creek Bay

Country Lake Estates

Westpark Townhomes

Riley Towers

Oak Park

Artistry Indy

Oak Lake at Crooked Creek

Abney Lake

Stone Ridge Flats and Townhomes

Waterside at Castleton

The Lodge at Trails Edge

Total Monthly Price
Parkside at Castleton Square Apartments and Townhomes

Total Monthly Price
Avery Point Apartments

The Villages of Bent Tree Apartments

Fox Club

Fallwood

Solana Apartments

Vetra 5480

The Residences on 56th

Edison at Meridian Hills

Arborwood Apartments

Wyckford Commons

Autumn Chase

Total Monthly Price
Wesley Place

Harbour Pointe

Shore Acres

Cedar Ridge
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 | $1,169 | $590 | $4,832 |
| Indianapolis 1 Bedroom Apartments | $1,380 | $497 | $4,086 |
| Indianapolis 2 Bedroom Apartments | $1,632 | $545 | $6,254 |
| Indianapolis 3 Bedroom Apartments | $2,033 | $626 | $8,543 |
| Indianapolis 4 Bedroom Apartments | $1,863 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $10,422 | $950 | $10,000+ |
Explore Indianapolis
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 the Cheapest Studio apartment in Indianapolis?
Currently the most affordable Cheap Studio Apartment in Indianapolis is at D&T Nest listed at $575.
How much is rent for a Cheap One Bedroom Indianapolis Apartment?
The lowest price for a Cheap One Bedroom Indianapolis Apartment is $649 at Volrath.
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 $485 at Postbrook East Apartments.
What is the most affordable Indianapolis Three Bedroom Apartment?
The best deal on a cheap Indianapolis Three Bedroom Apartment rental is at Maison Gardens Apartments and starts from $870.
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.

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.
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.