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The Historic Bauer
3720 N Meridian StIndianapolis, IN 46208
Cheap Apartments for Rent in Indianapolis, IN from $300 (890 Rentals) Page 11 of 18
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PICCADILLY
28 E 16th StIndianapolis, IN 46202
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2 Bedroom Apartments
Hopeside I
2005 E 25th StIndianapolis, IN 46218
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Studio to 4 Bedroom Apartments
Historic Audubon Court
5703 E Washington StIndianapolis, IN 46219
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Studio to 3 Bedroom Apartments
Aragon Woods
8172 Aragon Woods DrIndianapolis, IN 46214
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1 to 3 Bedroom Apartments
Mayfield Green Cooperative
5537 W 44th StIndianapolis, IN 46254
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Studio to 2 Bedroom Apartments
Volrath
118 Palmer StIndianapolis, IN 46225
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1 Bedroom Apartments
3825 N Whittier Pl
3825 N Whittier PlIndianapolis, IN 46226
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Sunstone at Arlington Woods
5620 E 30th StIndianapolis, IN 46218
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East Ridge
2302 N Ritter AveIndianapolis, IN 46218
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1 to 3 Bedroom Apartments
Cavalier Court
9108 E 38th PlIndianapolis, IN 46235
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1 to 3 Bedroom Apartments
Remington on Rockville
7455 Rockleigh AveIndianapolis, IN 46214
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1 to 4 Bedroom Apartments
Red Maple Grove
2901 E Tabor StIndianapolis, IN 46203
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Rosedale Hills
2139 E Hanna AveIndianapolis, IN 46227
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Garfield Terrace Apartments
2401 S Shelby StIndianapolis, IN 46203
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Studio to 1 Bedroom Apartments
The Harrison
1320 N Delaware StIndianapolis, IN 46202
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Crossroads at Madison
4725 Madison AveIndianapolis, IN 46227
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2 Bedroom Apartments
Garfield Place
2236 Ransdell StIndianapolis, IN 46225
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1 to 4 Bedroom Apartments
Historic Dorchester
3720 N Pennsylvania StIndianapolis, IN 46205
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Elmtree Park
11023 Elmtree Park DrIndianapolis, IN 46229
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Oxmoor Indy
3640 N Meridian StIndianapolis, IN 46208
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The Marleigh
1434-1448 N Delaware StIndianapolis, IN 46202
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2 to 3 Bedroom Apartments
Maplewood
12451 Pendleton PikeIndianapolis, IN 46236
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Windmill
10705 E Us-136Indianapolis, IN 46234
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Overlook at the Fairgrounds
1720 E 38th StIndianapolis, IN 46218
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1 Bedroom Apartments
Winston
3630 N Meridian StIndianapolis, IN 46208
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Stone Lake
2913 E Hanna AveIndianapolis, IN 46227
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Estate View
6768 S East StIndianapolis, IN 46227
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Dogwood Glen
2390 Woodglen DrIndianapolis, IN 46260
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Admiral
3025 N Meridian StIndianapolis, IN 46208
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Guion Creek Apartments
5902 Guion RdIndianapolis, IN 46254
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The Regal Apartments
3603 N Washington BlvdIndianapolis, IN 46205
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The Jeffersonian Apartments Of Indianapolis
801 N Shortridge RdIndianapolis, IN 46219
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Peppermill Farms
6830 Mill View DrIndianapolis, IN 46226
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Marabou Mills
3402 Marabou Mills DrIndianapolis, IN 46214
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Postbrook East Apartments
9265 E 41st StIndianapolis, IN 46235
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Pleasant Creek Apartments
2816 E County Line RdIndianapolis, IN 46227
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Sebring Court
1902 Parsons DrIndianapolis, IN 46224
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Autumn Trails Apartments
7975 Red Mill DrIndianapolis, IN 46226
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Mariwood
9231 Mariwood PkyIndianapolis, IN 46234
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Valley Brook MHC
4620 S High School RdIndianapolis, IN 46241
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Meridian Plaza
3726 N Meridian StIndianapolis, IN 46208
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Ritter Apartments
1708 N Ritter AveIndianapolis, IN 46218
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Traymore Apartments
1402 N Alabama StIndianapolis, IN 46202
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Windsor Court
7302 Queen Anne CtIndianapolis, IN 46227
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Nola Court Apartments
4502 Indianola AveIndianapolis, IN 46205
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The Rotherwood Apartments
1503 N Pennsylvania StIndianapolis, IN 46202
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Reserves at Warren Park
9136 E 10th StIndianapolis, IN 46229
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Heathmoore - Indianapolis
5984 Heathmoore DrIndianapolis, IN 46237
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Maison Gardens Apartments
8808 Rue Madeleine RueIndianapolis, IN 46226
Showing Results 501-550, Page 11 of 18
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 | $1,234 | $556 | $5,725 |
| Cheap Indianapolis 1 Bedroom Apartments | $1,390 | $544 | $4,277 |
| Cheap Indianapolis 2 Bedroom Apartments | $1,682 | $650 | $10,000+ |
| Cheap Indianapolis 3 Bedroom Apartments | $2,032 | $799 | $9,756 |
| Cheap Indianapolis 4 Bedroom Apartments | $2,516 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $7,368 | $1,175 | $10,000+ |
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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 $689.
What is the price of a cheap apartment in Indianapolis?
The cheapest apartment in Indianapolis is The Villages at Mill Crossing which is listed at $669, while the average apartment in Indianapolis costs $2,656.
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 6,450 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 $338 which is $2,318 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
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.