
Cheap Apartments for Rent in Indianapolis, IN from $300 with Washer/Dryer (422 Rentals) Page 6 of 9
Search the lowest-cost Apartments available for rent right now in Indianapolis.


The Grounds

The Jacob

445 W 29th St

3926 Malibu Dr

Canterbury House Apartments - Franklin Road

Addison Creek

Stonekey Apartments

Arlington Terrace Apartments

Emerson Place

16 Park Apartments

Sherman Forest

Lakes at Crossbridge

Hopeside I

Whispering Pines

Cloverleaf Apartments & Townhomes

Pinewood Village Apartments

Mayfield Green Cooperative

Stone Lake

Cavalier Court

Red Maple Grove

Remington on Rockville

Sunstone at Arlington Woods

Maison Gardens

Estate View

Sebring Court

Guion Creek Apartments

The Regal Apartments

The Jeffersonian Apartments Of Indianapolis

Markwood Terrace Apartments

Ritter Apartments

Carlyle Court

50 - SAXONY COURT APARTMENTS

Nola Court Apartments

1 & 2 Bedroom Apartments in Downtown Indianapolis - Meridian Plaza Awaits You!

Atrium Village

The Meridian North

South & Madison

Monon Park, Managed by Buckingham Monon Living

Point on Fall Creek I

Lake Camelot Apartments

Farhill Lake Apartments

The Reserve at White River

Spicewood

Central State Mansion

Nora Commons on the Monon Senior Apartments

Pickwick Farms Apartments

Lafayette Landing at Kessler

Bellagio Living ? - 9025 El Dorado Drive

Braeburn Village
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 | $1,157 | $595 | $5,600 |
| Indianapolis 1 Bedroom Apartments | $1,371 | $497 | $4,874 |
| Indianapolis 2 Bedroom Apartments | $1,631 | $563 | $6,212 |
| Indianapolis 3 Bedroom Apartments | $2,029 | $825 | $10,000+ |
| Indianapolis 4 Bedroom Apartments | $1,650 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $9,610 | $1,000 | $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 Stratford listed at $620.
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 $579 at East Village at Avondale Meadows Apartments.
What is the most affordable Indianapolis Three Bedroom Apartment?
The best deal on a cheap Indianapolis Three Bedroom Apartment rental is at El Dorado Apartments and starts from $999.
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.