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Carmel Woods
1010 Clubhouse CtCarmel, IN 46032
Cheap Apartments for Rent in Indianapolis, IN from $300 with Washer/Dryer (508 Rentals) Page 9 of 11
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$1,191 - $1,7971 to 3 Bedroom Apartments Available Now
Sanctuary at Fishers
11400 Gables DrFishers, IN 46038
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$1,199 - $1,3501 to 2 Bedroom Apartments Available Now
Grace Lane Apartments
42 Manor DrGreenfield, IN 46140
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$1,202 - $2,0861 to 3 Bedroom Apartments Available Now
Ashmore Trace
902 Wallington CirGreenwood, IN 46143
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$1,204 - $1,9521 to 2 Bedroom Apartments Available Now
Canyon Club at Perry Crossing
2720 Canyon Club DrPlainfield, IN 46168
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$1,205 - $1,6951 to 3 Bedroom Apartments Available Now
Avon Creek
291 Great Lakes Cir WAvon, IN 46123
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$1,220 - $2,4991 to 3 Bedroom Apartments Available Now
Sunblest Apartments
11757 Garden Cir EFishers, IN 46038
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$1,231 - $1,8521 to 2 Bedroom Apartments Available Now
Pullman Pointe
11110 Lantern RdFishers, IN 46038
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$1,234 - $2,0791 to 3 Bedroom Apartments Available Now
Woodland Springs Apartment Homes
3008 Warren WayCarmel, IN 46033
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$1,235 - $2,305
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,135 - $2,205
Required Monthly Fees
$100
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$1,235 - $2,305
Wellington Place
8800 Bradwell PlFishers, IN 46037
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$1,238 - $3,0911 to 3 Bedroom Apartments Available Now
Bella Vista Apartments
10732 Bella Vista DrFishers, IN 46038
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$1,242 - $2,225
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,184 - $2,167
Required Monthly Fees
$58
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$1,242 - $2,225
Prairie Lakes
14260 Bald Eagle DrNoblesville, IN 46060
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$1,246 - $3,9171 to 3 Bedroom Apartments Available Now
Devonshire Apartments
1100 Devonshire E DrGreenwood, IN 46143
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$1,246 - $2,749
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,226 - $2,729
Required Monthly Fees
$20
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$1,246 - $2,749
Alexandria of Carmel Apartments
1411 Fairfax Manor DrCarmel, IN 46032
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$1,250 - $2,4991 to 3 Bedroom Apartments Available Now
Sunlake Apartments
12347 Windsor East DrFishers, IN 46038
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$1,259 - $1,9851 to 2 Bedroom Apartments Available Now
The Ascent Apartments of Plainfield
2471 Ascent WayPlainfield, IN 46168
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$1,260 - $1,7601 to 2 Bedroom Apartments Available Now
The Barlow
234 E Main StPlainfield, IN 46168
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$1,265 - $1,9401 to 3 Bedroom Apartments Available Now
Residences on Ronald Reagan
10531 Kings Row DrAvon, IN 46123
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$1,267 - $1,6441 to 3 Bedroom Apartments Available Now
Bayberry Place Apartments
711 Greenridge PkyBrownsburg, IN 46112
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$1,275 - $1,7591 to 3 Bedroom Apartments Available Now
Regency Preserve
1971 Carlton BlvdAvon, IN 46123
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$1,280 - $1,9851 to 3 Bedroom Apartments Available Now
Woods of Britton
13791 Old Oak DrFishers, IN 46038
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$1,295 - $1,950
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$1,260 - $1,915
Required Monthly Fees
$35
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$1,295 - $1,950
Riley Crossing at Gateway Park
6857 Poetry PlGreenfield, IN 46140
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$1,296 - $1,9421 to 3 Bedroom Apartments Available Now
The Rail at 1380
1380 Saylor DrZionsville, IN 46077
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$1,296 - $1,777
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,272 - $1,753
Required Monthly Fees
$24
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$1,296 - $1,777
Lakes of Carmel
382 Arbor DrCarmel, IN 46032
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$1,299 - $1,9901 to 2 Bedroom Apartments Available Now
Kensington Gardens
7298 Kensington WayMcCordsville, IN 46055
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$1,299 - $2,0221 to 2 Bedroom Apartments Available Now
Wilshaw
1525 N Main StSpeedway, IN 46224
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$1,301 - $1,961
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$1,172 - $1,832
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Copper Chase at Stones Crossing
2345 Thorium DrGreenwood, IN 46143
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$1,304 - $2,616
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,217 - $2,529
Required Monthly Fees
$87
Total Monthly Price
$1,304 - $2,616
Providence at Old Meridian
300 Providence BlvdCarmel, IN 46032
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$1,305 - $2,408Studio to 2 Bedroom Apartments Available Now
Nickel Plate Station
11671 Maple StFishers, IN 46038
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$1,305 - $2,2601 to 2 Bedroom Apartments Available Now
McCord Square Apartments
5812 Main StMcCordsville, IN 46055
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$1,312 - $1,7111 to 2 Bedroom Apartments Available May 2
Union Green
5793 Green StBrownsburg, IN 46112
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$1,319 - $1,9691 to 3 Bedroom Apartments Available Now
Central Park Apartments
750 Central Park Dr EPlainfield, IN 46168
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$1,323 - $1,7001 to 3 Bedroom Apartments Available Now
Greystone of Noblesville
7160 Oxfordshire BlvdNoblesville, IN 46062
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$1,325 - $2,129
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,288 - $2,092
Required Monthly Fees
$37
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$1,325 - $2,129
Gramercy
945 Mohawk Hills DrCarmel, IN 46032
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$1,329 - $2,4121 to 3 Bedroom Apartments Available Now
Aria Apartments of Zionsville
11005 Octave DrZionsville, IN 46077
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$1,334 - $1,778
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,250 - $1,694
Required Monthly Fees
$84
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$1,334 - $1,778
Reserve at Williams Glen
2201 Williams Glen BlvdZionsville, IN 46077
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$1,338 - $1,8831 to 2 Bedroom Apartments Available Now
Alinium at Zionsville
7145 Anderson DrZionsville, IN 46077
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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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$1,358 - $7,886Studio to 3 Bedroom Apartments Available Now
Lavina
7520 Alluvium StNoblesville, IN 46062
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$1,390 - $2,4541 to 2 Bedroom Apartments Available Now
VER at Proscenium Apartments
1225 Veterans WayCarmel, IN 46032
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$1,391 - $2,068
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$1,273 - $1,950
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Greenview
5790 Sunrise WayWhitestown, IN 46075
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$1,395 - $3,195
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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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$1,398 - $3,770
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,355 - $3,727
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$43
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$1,398 - $3,770
Runaway Bay Apartments
2030 Runaway Bay DrSpeedway, IN 46224
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$1,399 - $1,4992 Bedroom Apartments Available Now
Greenwood Oaks
714 Connors DrGreenwood, IN 46143
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$1,3992 Bedroom Apartments Available Now
Library Park
1613 Library BlvdGreenwood, IN 46143
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$1,409 - $3,064Studio to 3 Bedroom Apartments Available Now
The State at Fishers Apartments
10510 Kings Wy RdFishers, IN 46037
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$1,410 - $3,929
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$1,365 - $3,884
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$45
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$1,410 - $3,929
Reveal on Cumberland Apartments
11723 Watermark WayFishers, IN 46037
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$1,413 - $1,9041 to 2 Bedroom Apartments Available Now
Satori Flats
129 Satori PkyAvon, IN 46123
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$1,414 - $4,0101 to 3 Bedroom Apartments Available Now
The Depot At Nickel Plate
8594 E 116th StFishers, IN 46038
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$1,421 - $1,8981 to 2 Bedroom Apartments Available Now
Foundry at Heartland Crossing
8396 E Gunnoah WayCamby, IN 46113
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 | $1,187 | $495 | $5,271 |
| Indianapolis 1 Bedroom Apartments | $1,391 | $497 | $4,333 |
| Indianapolis 2 Bedroom Apartments | $1,649 | $545 | $5,655 |
| Indianapolis 3 Bedroom Apartments | $2,036 | $626 | $8,304 |
| Indianapolis 4 Bedroom Apartments | $1,779 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $7,278 | $950 | $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 $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 $2,694.
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 10,984 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 $414 which is $2,280 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.