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Studio to 3 Bedroom Apartments
Pinewood Village Apartments
5402 Norfolk WayIndianapolis, IN 46224
Cheap Apartments for Rent in Indianapolis, IN from $300 (877 Rentals) Page 12 of 18
Search the lowest-cost Apartments available for rent right now in Indianapolis.
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1 to 2 Bedroom Apartments
The Historic Bauer
3720 N Meridian StIndianapolis, IN 46208
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Studio to 3 Bedroom Apartments
PICCADILLY
28 E 16th StIndianapolis, IN 46202
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Studio to 4 Bedroom Apartments
Historic Audubon Court
5703 E Washington StIndianapolis, IN 46219
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1 to 3 Bedroom Apartments
Mayfield Green Cooperative
5537 W 44th StIndianapolis, IN 46254
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1 to 2 Bedroom Apartments
Peppermill Farms
6830 Mill View DrIndianapolis, IN 46226
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1 Bedroom Apartments
3825 N Whittier Pl
3825 N Whittier PlIndianapolis, IN 46226
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1 to 2 Bedroom Apartments
Sunstone at Arlington Woods
5620 E 30th StIndianapolis, IN 46218
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1 to 3 Bedroom Apartments
East Ridge
2302 N Ritter AveIndianapolis, IN 46218
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1 to 2 Bedroom Apartments
Stone Lake
2913 E Hanna AveIndianapolis, IN 46227
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Studio to 2 Bedroom Apartments
Garfield Terrace Apartments
2401 S Shelby StIndianapolis, IN 46203
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1 to 4 Bedroom Apartments
Red Maple Grove
2901 E Tabor StIndianapolis, IN 46203
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1 to 3 Bedroom Apartments
Remington on Rockville
7455 Rockleigh AveIndianapolis, IN 46214
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Studio to 3 Bedroom Apartments
Rosedale Hills
2139 E Hanna AveIndianapolis, IN 46227
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1 to 3 Bedroom Apartments
Cavalier Court
9108 E 38th PlIndianapolis, IN 46235
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Studio to 1 Bedroom Apartments
The Harrison
1320 N Delaware StIndianapolis, IN 46202
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Studio to 2 Bedroom Apartments
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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1 to 3 Bedroom Apartments
Maison Gardens
8808 Rue Madeleine RueIndianapolis, IN 46226
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Studio to 1 Bedroom Apartments
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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Studio to 2 Bedroom Apartments
Windmill
10705 E Us-136Indianapolis, IN 46234
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1 to 3 Bedroom Apartments
Oxmoor Indy
3640 N Meridian StIndianapolis, IN 46208
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1 to 2 Bedroom Apartments
Estate View
6768 S East StIndianapolis, IN 46227
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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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1 to 3 Bedroom Apartments
Sebring Court
1902 Parsons DrIndianapolis, IN 46224
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1 to 4 Bedroom Apartments
Admiral
3025 N Meridian StIndianapolis, IN 46208
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1 to 2 Bedroom Apartments
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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1 to 2 Bedroom Apartments
Windsor Court
7302 Queen Anne CtIndianapolis, IN 46227
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1 to 2 Bedroom Apartments
The Jeffersonian Apartments Of Indianapolis
801 N Shortridge RdIndianapolis, IN 46219
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Studio to 2 Bedroom Apartments
Pleasant Creek Apartments
2816 E County Line RdIndianapolis, IN 46227
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Markwood Terrace Apartments
920 E Markwood AveIndianapolis, IN 46227
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3 to 4 Bedroom Apartments
Valley Brook MHC
4620 S High School RdIndianapolis, IN 46241
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2 to 4 Bedroom Apartments
Mariwood
9231 Mariwood PkyIndianapolis, IN 46234
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1 to 2 Bedroom Apartments
Live in Style at Bellagio East Living I
7036 E 10th StIndianapolis, IN 46219
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Ritter Apartments
1708 N Ritter AveIndianapolis, IN 46218
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Carlyle Court
951 Carlyle LnIndianapolis, IN 46240
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1 to 2 Bedroom Apartments
50 - SAXONY COURT APARTMENTS
29-49 S Audubon RdIndianapolis, IN 46219
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1 to 3 Bedroom Apartments
Nola Court Apartments
4502 Indianola AveIndianapolis, IN 46205
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1 to 2 Bedroom Apartments
1 & 2 Bedroom Apartments in Downtown Indianapolis - Meridian Plaza Awaits You!
3726 N Meridian StIndianapolis, IN 46208
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Trenton House Apartments
5936 Radnor RdIndianapolis, IN 46226
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1 to 2 Bedroom Apartments
Reserves at Warren Park
9136 E 10th StIndianapolis, IN 46229
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1 Bedroom Apartments
1733 N. Meridian
1733 N Meridian StIndianapolis, IN 46202
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Studio to 2 Bedroom Apartments
Bavarian Village Apartments
3001 Bavarian West DrIndianapolis, IN 46235
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Irvington Living I
4741 E Washington StIndianapolis, IN 46201
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Studio to 1 Bedroom Apartments
Birchwood Place
1040 Fairfield AveIndianapolis, IN 46205
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3 Bedroom Apartments
Deerfield Acres
4000 Foltz StIndianapolis, IN 46221
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 | $1,158 | $595 | $5,671 |
| Cheap Indianapolis 1 Bedroom Apartments | $1,371 | $497 | $4,842 |
| Cheap Indianapolis 2 Bedroom Apartments | $1,630 | $563 | $6,212 |
| Cheap Indianapolis 3 Bedroom Apartments | $2,029 | $825 | $10,000+ |
| Cheap Indianapolis 4 Bedroom Apartments | $1,651 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $9,642 | $1,000 | $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 $700.
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 $2,634.
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 9,222 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 $372 which is $2,262 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.
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.