
Cheap Apartments for Rent in Indianapolis, IN from $300 (896 Rentals) Page 10 of 18
Search the lowest-cost Apartments available for rent right now in Indianapolis.


44 S Ewing St

Total Monthly Price
2031 Broadway St, Unit Broadway, Unit Broadway

1331 W 34th St

The Otis at Fort Ben Apartments

The Block

907 Prospect St

Total Monthly Price
1134 N Dearborn St, Unit B, Unit B

961 E Minnesota St

512 S State Ave

Residence on Penn

Pulliam Square

Total Monthly Price
Wynbrooke Senior Apartments

The Preserve on Allisonville Townhomes

Grande Reserve at Geist

The Landing Apartments

Quarry at River North

Slate Apartments

Ardmore Apartments

2950 Winthrop Ave, Unit B

The Row

Ironworks at Keystone

The E'Laan

Covington Square

2018 Rembrandt St

Everly at Meridian Hills

South Haven Village Apartments

1134 E Kelly St

Pavilion Place

409 N Oakland Ave, Unit 411

Bluff Crossing Apartments

3441 Prospect St

4901 N Washington Blvd

636 E 108th St, Unit A

933-935 N Dearborn St

Shore Acres

Canterbury House Apartments - Franklin Road

SUITES OF IRVINGTON

Addison Creek

Fisher Apartments

Crown Point Apartments

Stonekey Apartments

Koehne Commons Apartments

Charmwood Terrace

Brownstone Apartments

Arlington Terrace Apartments

Parkside At Tarkington

Emerson Place

THE COURTS OF MONON

INDY INDIE ARTIST COLONY
Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Indianapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Indianapolis Studio Apartments | $1,206 | $495 | $5,104 |
| Cheap Indianapolis 1 Bedroom Apartments | $1,373 | $544 | $4,071 |
| Cheap Indianapolis 2 Bedroom Apartments | $1,656 | $545 | $8,473 |
| Cheap Indianapolis 3 Bedroom Apartments | $2,029 | $626 | $8,587 |
| Cheap Indianapolis 4 Bedroom Apartments | $2,228 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $11,402 | $6,070 | $10,000+ |
Browse Top Apartments in Indianapolis
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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 Villages at Mill Crossing listed at $590.
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 $545 at The Villages at Mill Crossing.
What is the most affordable Indianapolis Three Bedroom Apartment?
The best deal on a cheap Indianapolis Three Bedroom Apartment rental is at Maison Gardens Apartments and starts from $870.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.