
Top Rated Cheap Apartments for Rent in Indianapolis, IN from $300 (195 Rentals) Page 4 of 4
Top Rated Apartments in Indianapolis.
Cheap Apartments in Indianapolis.


Reveal on Cumberland Apartments

The Flats at Fishers Marketplace

Central Park Apartments

Flats at Switch

Reserve at Williams Glen

Arbuckle

Nickel Plate Station

Wilshaw

Total Monthly Price
Copper Chase at Stones Crossing

Double Creek Flats Apartments

Total Monthly Price
The Hangar on Emerson

Westhaven Luxury Apartments

Alinium at Zionsville

Nese Apartments

Hobbs Station

Carmel Center

McCord Square Apartments

Satori Flats

Apex at Perry Crossing

Depot at Nickel Plate

VER at Proscenium Apartments

Arlington Farms

Residences on Ronald Reagan

Village Crossing

Old Town On The Monon

Echo Park at Perry Crossing

Muse Carmel

Flats at Stones Crossing

Sunrise on the Monon

The Residences at Carmel City Center

The Hamilton at Fishers

Mezz 42

The Gables

Boulevard at Anson I

Bayshore Apartments

Barton Farms

Sugar Creek Apartments

Bexley Village

Mosaic Apartments

The District

Harmony Apartment Homes

Spark Apartments

Penn Circle

Midtown Flats
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 | $1,195 | $200 | $5,277 |
| Indianapolis 1 Bedroom Apartments | $1,379 | $544 | $4,071 |
| Indianapolis 2 Bedroom Apartments | $1,641 | $545 | $6,669 |
| Indianapolis 3 Bedroom Apartments | $2,031 | $626 | $8,289 |
| Indianapolis 4 Bedroom Apartments | $1,872 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $9,136 | $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 The Villages at Mill Crossing listed at $590.
How much is rent for a Cheap One Bedroom Indianapolis Apartment?
The lowest price for a Cheap One Bedroom Indianapolis Apartment is $640 at Maison Gardens 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 $545 at The Villages at Mill Crossing.
What is the most affordable Indianapolis Three Bedroom Apartment?
The best deal on a cheap Indianapolis Three Bedroom Apartment rental is at The Villages at Mill Crossing and starts from $626.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.