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$1,342 - $3,2161 to 2 Bedroom Apartments Available Now
The Olivia
W Main St & Old Meridian StCarmel, IN 46032
Cheap Apartments for Rent in Indianapolis, IN from $300 with Washer/Dryer (492 Rentals) Page 10 of 10
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$1,349 - $2,479Studio to 3 Bedroom Apartments Available Now
Nese Apartments
7071 Helm StWhitestown, IN 46075
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$1,350 - $2,2851 to 3 Bedroom Apartments Available Now
BroadAcre Apartments of McCordsville
5871 BroadAcre DrMcCordsville, IN 46055
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$1,380 - $1,8941 to 2 Bedroom Apartments Available Now
Pullman Pointe
11110 Lantern RdFishers, IN 46038
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$1,389 - $1,9471 to 2 Bedroom Apartments Available Now
Wilshaw
1525 N Main StSpeedway, IN 46224
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$1,394 - $2,745Studio to 3 Bedroom Apartments Available Now
Wild Air Landing
8476 Archer DrZionsville, IN 46077
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$1,395 - $2,1451 to 3 Bedroom Apartments Available Now
Arlington Farms
2755 Red Bloom DrGreenwood, IN 46143
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$1,395 - $3,195
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,207 - $3,007
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$188
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$1,395 - $3,195
Carmel Center
675 Beacon StCarmel, IN 46032
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$1,3992 Bedroom Apartments Available Now
Library Park
1613 Library BlvdGreenwood, IN 46143
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$1,400 - $1,950
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$1,365 - $1,915
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$35
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$1,400 - $1,950
Riley Crossing at Gateway Park
6857 Poetry PlGreenfield, IN 46140
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$1,400 - $1,8451 to 2 Bedroom Apartments Available Now
The Arbuckle
7249 Arbuckle CommonsBrownsburg, IN 46112
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Cottages at Sheek Road Apartments
1759 Sheek RdGreenwood, IN 46143
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Main Street Commons
635 E Main StGreenwood, IN 46143
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SouthPointe Village Apartments
11245 Lantern RdFishers, IN 46038
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Broadstone Pointe Senior Apartments
8121 McLavery WayBrownsburg, IN 46112
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The Commons at Wynne Farms Apartments
2828 Redrock Rd WBrownsburg, IN 46112
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Beacon Pointe Apartments
1206 Beacon Pointe DrGreenwood, IN 46143
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Arbor Manor
212 Churchill DrMooresville, IN 46158
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Haven Homes
556 Ally BlvdPlainfield, IN 46168
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Cumberland Cottages
13995 Cumberland RdFishers, IN 46038
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The Gables
826 Ryland StGreenwood, IN 46143
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The Blvd at Anson
6290 Central BlvdWhitestown, IN 46075
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Pebble Creek
225 Pebble Creek DrGreenwood, IN 46143
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Trotters Pointe Apartments
2600 Santa Anita DrGreenwood, IN 46143
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Barton Farms
1630 Saddle WayGreenwood, IN 46143
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Twin Lakes Apartments
616 Ransburg Dr SCarmel, IN 46032
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Parkside Apartments
1100 Holly CtPlainfield, IN 46168
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Meridian Oaks
187 Love AveGreenwood, IN 46142
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Bexley Village
700 Bexley PlGreenwood, IN 46143
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Harpers Crossing
311 Harpers CrossingPlainfield, IN 46168
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The Village at Sandstone Apartments
1039 N Paz DrGreenwood, IN 46142
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Bayshore Apartments
1534 Sandy Bay DrGreenwood, IN 46142
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Hunters Point Apartments
1422 Hunter's Point DrZionsville, IN 46077
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Preserve Of Avon
563 W Edge TrlAvon, IN 46123
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Midtown Flats
591 Monon BlvdCarmel, IN 46032
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Emerald Lakes
1180 Emerald Lakes DrGreenwood, IN 46143
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Harmony Apartment Homes
1601 Waterleaf DrWestfield, IN 46074
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Verge
764 Greenwood Springs DrGreenwood, IN 46143
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Spark Apartments
8800 North StFishers, IN 46038
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Highpointe on Meridian
13415 Highpointe BlvdCarmel, IN 46032
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Runaway Bay Apartments
2030 Runaway Bay DrSpeedway, IN 46224
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Randall Residence at Gateway Park
6338 W Quiet RdGreenfield, IN 46140
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 | $1,158 | $595 | $5,671 |
| Indianapolis 1 Bedroom Apartments | $1,371 | $497 | $4,842 |
| Indianapolis 2 Bedroom Apartments | $1,630 | $563 | $6,212 |
| Indianapolis 3 Bedroom Apartments | $2,029 | $825 | $10,000+ |
| Indianapolis 4 Bedroom Apartments | $1,651 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $9,642 | $1,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Indianapolis, IN Area Reviews
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Write a ReviewWendy • 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 $700.
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 $2,634.
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 9,222 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 $372 which is $2,262 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.