
Cheap Apartments for Rent in Indianapolis, IN from $300 with Swimming Pool (285 Rentals)Page 4 of 6
Cheap Apartments in Indianapolis.


Murphy's Landing

Solana Apartments

Waterfront Pointe

Center Point Apartments

EAGLE CHASE APARTMENTS

Edison at Meridian Hills

Lakeshore Apartments

Artistry Indy

River Crossing

Latitudes Apartments

Lenox Apartments

Lakes of Windsor

Rise on Meridian

Berkley Commons

Riverchase Apartments

9 on Canal

Reserve at Franklin Glen

The Residence at White River Apartments

The Timbers Apartments

Southern Dunes

Autumn Chase

Bayview Club Apartments

Gardens of Canal Court

Wesmont

The Domino

82 Flats At The Crossing

Sundance Apartments

Quarry at River North

Lockerbie Lofts

The Fort Apartments

The Continental Towers at Vermont Place

Chelsea Village

THE GRANDE RESERVE AT GEIST

Nook Nine

Wesley Place

Fountain Parc

Cox Creek at Reagan Crossing

The Marott Apartments

7601 Carlton Arms Dr

The Otis at Fort Ben Apartments

AYR Apartments

7601 Carlton Arms Dr

ARLO Apartments

Castle Creek Apartments

Industry Indianapolis

Lake Clearwater Apartments

Monon Living
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 | $1,253 | $585 | $5,493 |
Indianapolis 1 Bedroom Apartments | $1,422 | $335 | $4,500 |
Indianapolis 2 Bedroom Apartments | $1,692 | $700 | $9,703 |
Indianapolis 3 Bedroom Apartments | $1,982 | $1,000 | $8,833 |
Indianapolis 4 Bedroom Apartments | $2,132 | $700 | $4,140 |
Indianapolis 5 Bedroom Apartments | $4,571 | $2,135 | $10,000+ |
Explore Indianapolis
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 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 $725.
What is the price of a cheap apartment in Indianapolis?
The cheapest apartment in Indianapolis is Stone Lake which is listed at $650, while the average apartment in Indianapolis costs $2,568.
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 2,334 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 $315 which is $2,253 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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.