
Cheap Apartments for Rent in Indianapolis, IN from $300 with Utilities Included (190 Rentals) Page 3 of 4
Apartments with Utilities Included.
Cheap Apartments in Indianapolis.


The Whitaker

Indy Christian Place Apartments LLC

Waterstone Place Apartments

Saxony Court

Canal Gardens

Madison Apartments

Linwood Manor

Utomin Apartments

4901 N Washington Blvd
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.

Heather Ridge

Villa Del Sol Apartments

Monon Lofts

Monon Station Apartments

Chelsea Manor

Mayleeno

Lafayette Landing at Kessler

The Reserve at White River

Lawrence Landing

The Seminole
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.

Eastgate Terrace Apartments

Magnolia Living

Stonegate Apartments

Abbey Meadows

Indy Downtown Colonial Apartments

60 - ADDISON APARTMENTS

Grand Oaks

Crestwood Village North

CrossRoads @ Southgreen

Freeman Apartments
Who Pays for Utilities? Landlord or Tenant?
Your Guide to Understanding Who is Responsible for Which Utilities for When Renting. Click Below to Read More

Lake Camelot Apartments

Spruce Manor Apartments

Charleston East Apartments

Kelker Hause

Foxhill Manor Cooperative

Georgetown Woods Senior Apartments

St. James

Compton Court Apartments

The Haciendas

Franklin Cove
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
What are amenity fees and are they optional? This guide breaks down everything you need to know about apartment amenity fees, including when you can opt out and how you might be able to lower your rent.

Apollo & Aurora Apartments

Creekside Square Phase II

Hubbard Gardens

Stratford Place Apartments

Brookhaven at County Line Senior Apartments

9000 Westfield Apartments

The Lodge Apartments

Ohio Street TownHomes

The Steeples on Washington

Plaza at Central Greens
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 | $1,192 | $556 | $6,490 |
| Indianapolis 1 Bedroom Apartments | $1,382 | $518 | $4,113 |
| Indianapolis 2 Bedroom Apartments | $1,669 | $650 | $10,000+ |
| Indianapolis 3 Bedroom Apartments | $2,047 | $799 | $9,205 |
| Indianapolis 4 Bedroom Apartments | $2,425 | $600 | $8,585 |
| Indianapolis 5 Bedroom Apartments | $6,114 | $950 | $10,000+ |
Browse Top Apartments in Indianapolis
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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 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 1010 Central which is listed at $518, while the average apartment in Indianapolis costs $1,390.
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 5,864 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 $301 which is $1,089 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

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.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
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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.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
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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.

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
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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.
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First Apartment Regrets: Real Renters Share What They'd Do Differently
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.