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Studio to 3 Bedroom Apartments
Reflections Apartments
7999 Silverleaf DrIndianapolis, IN 46260
Cheap Apartments for Rent in Indianapolis, IN from $300 with Washer/Dryer (512 Rentals) Page 7 of 11
Search the lowest-cost Apartments available for rent right now in Indianapolis.
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1 Bedroom Apartments
Point on Fall Creek I
2717 Anna LnIndianapolis, IN 46205
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1 to 2 Bedroom Apartments
Farhill Lake Apartments
4927 Encore DrIndianapolis, IN 46237
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1 to 3 Bedroom Apartments
Lake Camelot Apartments
6475 Excalibur CtIndianapolis, IN 46268
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1 to 2 Bedroom Apartments
The Reserve at White River
2774 Pixel RdIndianapolis, IN 46222
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1 to 3 Bedroom Apartments
Central State Mansion
202 Steeples BlvdIndianapolis, IN 46222
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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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Studio to 3 Bedroom Apartments
Pickwick Farms Apartments
1540 Handball LnIndianapolis, IN 46260
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1 to 2 Bedroom Apartments
Lafayette Landing at Kessler
2333 Lafayette RdIndianapolis, IN 46222
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1 to 2 Bedroom Apartments
Saxony Court
29-49 S Audubon RdIndianapolis, IN 46219
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1 to 2 Bedroom Apartments
Bellagio Living I
9025 El Dorado PlIndianapolis, IN 46236
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1 to 2 Bedroom Apartments
Monon Lofts
1122 E 16th StIndianapolis, IN 46202
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Studio to 3 Bedroom Apartments
Ninth Avenue Apartments
4651 Mimi DrIndianapolis, IN 46237
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Studio to 4 Bedroom Apartments
Chateau De Ville
5303 Rue De VilleIndianapolis, IN 46220
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Studio to 3 Bedroom Apartments
Fountain Lake Villas
2220 E Stop 13 RdIndianapolis, IN 46227
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Studio to 2 Bedroom Apartments
Slate Run Lofts
9555 International DrIndianapolis, IN 46268
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2 Bedroom Apartments
Markwood Terrace Apartments
920 E Markwood AveIndianapolis, IN 46227
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2 Bedroom Apartments
Campus Townhomes
531 Ransom StIndianapolis, IN 46202
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2 Bedroom Apartments
60 - ADDISON APARTMENTS
7155 E 21st StIndianapolis, IN 46219
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1 to 3 Bedroom Apartments
Oakbrook Village
6098 Georgetown RdIndianapolis, IN 46254
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1 to 3 Bedroom Apartments
The George
5810 Sebring DrIndianapolis, IN 46254
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1 to 2 Bedroom Apartments
Lawrence Landing
6875 Faris AveIndianapolis, IN 46226
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Studio to 3 Bedroom Apartments
Stonegate Apartments
1220-1226 N Illinois StIndianapolis, IN 46202
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1 to 2 Bedroom Apartments
Stetson Senior Apartments
703 E 30th StIndianapolis, IN 46205
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1 to 2 Bedroom Apartments
Grand Oaks
7215 Grand Ritz LnIndianapolis, IN 46237
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1 to 3 Bedroom Apartments
10 West Apartments
7855 Cimarron TrlIndianapolis, IN 46214
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Studio to 2 Bedroom Apartments
Aspen Pointe Apartments
5838 W Mooresville RdIndianapolis, IN 46221
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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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2 Bedroom Apartments
Broadway Heights
1927 Broadway StIndianapolis, IN 46202
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1 to 3 Bedroom Apartments
The Oasis
4900 Edinborough LnIndianapolis, IN 46241
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1 to 3 Bedroom Apartments
7 Pointe Apartments
4724 Round Lake RdIndianapolis, IN 46205
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1 to 3 Bedroom Apartments
Proctor Place
240 N Warman AveIndianapolis, IN 46222
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1 Bedroom Apartments
1354 Shelby St
1354 Shelby StIndianapolis, IN 46203
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2 to 3 Bedroom Apartments
Charleston East Apartments
6938 E 10th StIndianapolis, IN 46219
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1 to 3 Bedroom Apartments
Estates of Creekside Apartments
8055 Crossing DrIndianapolis, IN 46227
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1 to 2 Bedroom Apartments
Lawrence Glen
8633 E 46th StIndianapolis, IN 46226
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1 to 2 Bedroom Apartments
Kelker Hause
5360 Julian AveIndianapolis, IN 46219
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1 to 4 Bedroom Apartments
Chapel Hill Apartments
7452 Bentley DrIndianapolis, IN 46214
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1 to 3 Bedroom Apartments
Monon Park, Managed by Buckingham Monon Living
5801 N Olney StIndianapolis, IN 46220
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1 to 2 Bedroom Apartments
Buffalo Creek Apartments
720 Buffalo Run DrIndianapolis, IN 46227
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1 to 2 Bedroom Apartments
College Manor
1450 N College AveIndianapolis, IN 46202
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2 Bedroom Apartments
Compton Court Apartments
6126 Compton StIndianapolis, IN 46220
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Studio to 2 Bedroom Apartments
The Congress at Library Square
923 N Meridian StIndianapolis, IN 46204
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Studio to 2 Bedroom Apartments
Grid
520 E Washington StIndianapolis, IN 46204
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1 to 4 Bedroom Apartments
Franklin Cove
8505 Faywood DrIndianapolis, IN 46239
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Studio to 2 Bedroom Apartments
Morton School Senior Apartments
2101 N College AveIndianapolis, IN 46202
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1 to 2 Bedroom Apartments
Harbour Pointe
4400 E Fall Creek Parkway North DrIndianapolis, IN 46205
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1 to 3 Bedroom Apartments
Wyckford Commons
7777 Wyckford CtIndianapolis, IN 46214
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1 to 4 Bedroom Apartments
Arborwood Apartments
6702 Trunk WayIndianapolis, IN 46221
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1 to 2 Bedroom Apartments
The Richelieu
610 N East StIndianapolis, IN 46202
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 | $1,189 | $495 | $5,277 |
| Indianapolis 1 Bedroom Apartments | $1,387 | $497 | $4,071 |
| Indianapolis 2 Bedroom Apartments | $1,647 | $545 | $5,655 |
| Indianapolis 3 Bedroom Apartments | $2,026 | $626 | $8,554 |
| Indianapolis 4 Bedroom Apartments | $1,804 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $7,296 | $950 | $10,000+ |
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Indianapolis, IN Area Reviews
Do you know the Indianapolis area?
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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 $655.
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 $2,862.
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 10,456 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 $389 which is $2,473 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.
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
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.