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1 to 3 Bedroom Apartments
The Wash Apartments
4741 E Washington StIndianapolis, IN 46201
Cheap Apartments for Rent in Indianapolis, IN from $300 (890 Rentals) Page 12 of 18
Search the lowest-cost Apartments available for rent right now in Indianapolis.
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Studio to 2 Bedroom Apartments
The Meridian
1 E 36th StIndianapolis, IN 46205
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1 to 2 Bedroom Apartments
Saxony Court
29-49 S Audubon RdIndianapolis, IN 46219
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Studio to 3 Bedroom Apartments
Reflections Apartments
7999 Silverleaf DrIndianapolis, IN 46260
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Studio to 2 Bedroom Apartments
Spicewood
354 Spicewood DrIndianapolis, IN 46227
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Studio to 1 Bedroom Apartments
Birchwood Place
1040 Fairfield AveIndianapolis, IN 46205
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1 Bedroom Apartments
Muessing Apartments
915 N Muessing StIndianapolis, IN 46229
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3 Bedroom Apartments
Deerfield Acres
4000 Foltz StIndianapolis, IN 46221
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1 Bedroom Apartments
3519 Balsam Ave
3519 Balsam AveIndianapolis, IN 46205
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1 to 3 Bedroom Apartments
550 Fletcher Ave
550 Fletcher AveIndianapolis, IN 46203
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2 Bedroom Apartments
Atrium Village
2636 N Mitthoeffer RdIndianapolis, IN 46229
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1 to 2 Bedroom Apartments
Carlyle Court
951 Carlyle LnIndianapolis, IN 46240
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Studio to 2 Bedroom Apartments
Encore Apartments
8035 Preidt PlIndianapolis, IN 46237
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1 to 3 Bedroom Apartments
The Meridian North
2100 Westlane RdIndianapolis, IN 46260
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Studio to 3 Bedroom Apartments
South & Madison
1819 Madison Village DrIndianapolis, IN 46227
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1 Bedroom Apartments
Capitol Manor
842 N Capitol AveIndianapolis, IN 46204
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1 Bedroom Apartments
1745 N Ritter Ave
1745 N Ritter AveIndianapolis, IN 46218
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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
Central State Mansion
202 Steeples BlvdIndianapolis, IN 46222
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1 Bedroom Apartments
Rand House Apartments
5010-w W Southport RdIndianapolis, IN 46221
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1 to 2 Bedroom Apartments
Colonial Park
4421 E Washington StIndianapolis, IN 46201
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1 Bedroom Apartments
Clark House Apartments
115-S S Audubon RdIndianapolis, IN 46219
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1 Bedroom Apartments
Meier House Apartments
3128-North N Pennsylvania StIndianapolis, IN 46205
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1 to 2 Bedroom Apartments
Crossroads at Southgreen
5030 Southgreen DrIndianapolis, IN 46227
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1 to 2 Bedroom Apartments
The Sterling
8020 Madison AveIndianapolis, IN 46227
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1 to 4 Bedroom Apartments
Braeburn Village
2170 Braeburn East DrIndianapolis, IN 46219
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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 Apartments
The Victoria Apartments
1244 N Illinois StIndianapolis, IN 46202
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1 to 3 Bedroom Apartments
Proctor Place
240 N Warman AveIndianapolis, IN 46222
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1 Bedroom Apartments
College Park Apartments
3050 Colby LnIndianapolis, IN 46268
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1 Bedroom Apartments
Bellagio Living II
8953 Brigadier DrIndianapolis, IN 46226
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1 to 2 Bedroom Apartments
The Whitaker
1504 N Pennsylvania StIndianapolis, IN 46202
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1 to 2 Bedroom Apartments
Bellagio Living I
9025 El Dorado PlIndianapolis, IN 46236
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1 Bedroom Apartments
Indy Christian Place Apartments LLC
824 N Alabama StIndianapolis, IN 46204
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1 to 3 Bedroom Apartments
Lake Camelot Apartments
6475 Excalibur CtIndianapolis, IN 46268
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Studio to 2 Bedroom Apartments
Eagledale Senior Apartments
2930 Lafayette RdIndianapolis, IN 46222
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1 to 2 Bedroom Apartments
Minnie Hartman
3734 E Vermont StIndianapolis, IN 46201
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1 to 3 Bedroom Apartments
Waterstone Place Apartments
2755 Merlin Lake DrIndianapolis, IN 46229
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1 to 2 Bedroom Apartments
Canal Gardens
1249 Dr Martin Luther King Jr StIndianapolis, IN 46202
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Studio to 2 Bedroom Apartments
St. James
2102 N Meridian StIndianapolis, IN 46202
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1 to 2 Bedroom Apartments
Madison Apartments
226 E 12th StIndianapolis, IN 46202
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1 Bedroom Apartments
Linwood Manor
4509 E Washington StIndianapolis, IN 46201
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Studio to 3 Bedroom Apartments
Ninth Avenue Apartments
4651 Mimi DrIndianapolis, IN 46237
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1 to 3 Bedroom Apartments
Villa Del Sol Apartments
3636 Mission DrIndianapolis, IN 46224
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Studio to 3 Bedroom Apartments
Pickwick Farms Apartments
1540 Handball LnIndianapolis, IN 46260
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Studio to 2 Bedroom Apartments
Utomin Apartments
1112 N College AveIndianapolis, IN 46202
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1 to 3 Bedroom Apartments
Heather Ridge
3245 Heather Ridge DrIndianapolis, IN 46214
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Studio to 2 Bedroom Apartments
Northwoods Apartments
816 Winding Brook East DrIndianapolis, IN 46234
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1 to 3 Bedroom Apartments
Trenton House Apartments
5936 Radnor RdIndianapolis, IN 46226
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1 to 2 Bedroom Apartments
Monon Lofts
1122 E 16th StIndianapolis, IN 46202
Showing Results 551-600, Page 12 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.