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Cheap Apartments for Rent in Indianapolis, IN from $300 with Washer/Dryer (405 Rentals)Page 6 of 9
Search the lowest-cost Apartments available for rent right now in Indianapolis.
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2 Bedroom Apartments
The Jeffersonian Apartments Of Indianapolis
801 N Shortridge RdIndianapolis, IN 46219
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3 Bedroom Apartments
Canterbury House Apartments - Franklin Road
7955 Kingsmead DrIndianapolis, IN 46226
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1 to 2 Bedroom Apartments
Nora Commons on the Monon Senior Apartments
8905 Evergreen AveIndianapolis, IN 46240
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1 Bedroom Apartments
Bellagio Living ? - 9025 El Dorado Drive
9025 El Dorado PlIndianapolis, IN 46236
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1 to 2 Bedroom Apartments
Brookhaven at County Line Senior Apartments
940 Wild Indigo LnIndianapolis, IN 46227
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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 | $1,250 | $585 | $5,493 |
| Indianapolis 1 Bedroom Apartments | $1,427 | $335 | $4,510 |
| Indianapolis 2 Bedroom Apartments | $1,702 | $700 | $9,630 |
| Indianapolis 3 Bedroom Apartments | $1,999 | $1,000 | $8,833 |
| Indianapolis 4 Bedroom Apartments | $2,136 | $700 | $4,140 |
| Indianapolis 5 Bedroom Apartments | $4,569 | $2,135 | $10,000+ |
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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 $2,570.
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 2,370 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 $339 which is $2,231 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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
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.