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1 to 3 Bedroom Apartments
The Steeples on Washington
2910 Steeples DrIndianapolis, IN 46222
Cheap Apartments for Rent in Indianapolis, IN from $300 (877 Rentals) Page 15 of 18
Search the lowest-cost Apartments available for rent right now in Indianapolis.
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Studio to 2 Bedroom Apartments
City's End
1441 Prospect StIndianapolis, IN 46203
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Studio to 3 Bedroom Apartments
Blacherne Apartments
402 N Meridian StIndianapolis, IN 46204
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1 to 2 Bedroom Apartments
The Retreat On Washington
2950 Kirkbride WayIndianapolis, IN 46222
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1 to 2 Bedroom Apartments
The 101
1001 N Delaware StIndianapolis, IN 46202
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Studio to 2 Bedroom Apartments
Apollo & Aurora Apartments
1101 N Alabama StIndianapolis, IN 46202
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Studio to 3 Bedroom Apartments
Pinnex
931 Fletcher AveIndianapolis, IN 46203
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1 to 2 Bedroom Apartments
The Pennsylvania
919 N Pennsylvania StIndianapolis, IN 46204
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2 to 3 Bedroom Apartments
Honey Creek Apartments
3510 N High School RdIndianapolis, IN 46224
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1 to 2 Bedroom Apartments
Wyndham on Delaware
1040 N Delaware StIndianapolis, IN 46202
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1 Bedroom Apartments
450 N Massachusetts Ave
450 N Massachusetts AveIndianapolis, IN 46204
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1 to 2 Bedroom Apartments
Colmar Apartments
1620 Central AveIndianapolis, IN 46202
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1 to 4 Bedroom Apartments
Bradford Park
3940 Crystal Pond WayIndianapolis, IN 46234
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1 to 2 Bedroom Apartments
The Pointe on Mass
551 Massachusetts AveIndianapolis, IN 46204
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1 to 2 Bedroom Apartments
Alder Woods
6806 E County Line RdIndianapolis, IN 46237
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1 to 2 Bedroom Apartments
Cox Creek at Reagan Crossing
10435 Cox PlIndianapolis, IN 46234
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1 to 2 Bedroom Apartments
Preserve at Willow Springs
2252 River Willow PlIndianapolis, IN 46260
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Studio to 2 Bedroom Apartments
Whittier Place
1119 Sterling StIndianapolis, IN 46201
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Studio to 2 Bedroom Apartments
Crestwood Village South
8809 Madison AveIndianapolis, IN 46227
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Studio to 2 Bedroom Apartments
Harding Street Lofts
101 S Harding StIndianapolis, IN 46222
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2 Bedroom Apartments
The Davlan
430 Massachusetts AveIndianapolis, IN 46204
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1 Bedroom Apartments
Garden Arch Apartments
726-728 N East StIndianapolis, IN 46202
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Studio to 2 Bedroom Apartments
Turnverein Apartments
902 N Meridian StIndianapolis, IN 46204
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Studio to 3 Bedroom Apartments
The Overlook at Riverdale- Marian University
3200 Cold Spring RdIndianapolis, IN 46222
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2 to 3 Bedroom Apartments
Private Reserve Townhomes
1941 Suffolk LnIndianapolis, IN 46260
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1 to 2 Bedroom Apartments
Fletcher Place Lofts
410 S College AveIndianapolis, IN 46203
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2 Bedroom Apartments
Fairfax Duplexes
2123 Fairfax RdIndianapolis, IN 46227
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$733 - $1,4281 to 2 Bedroom Apartments Contact Us For Availability
Stanford Court
1815 Foyt DrSpeedway, IN 46224
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$775 - $1,015Studio to 2 Bedroom Apartments Available Now
Waterbury Apartments
421 Waterbury StGreenwood, IN 46142
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$785 - $1,094Studio to 2 Bedroom Apartments Contact Us For Availability
Somerset Place
136 Somerset DrGreenwood, IN 46143
52 S Greenwood St
GreenwoodIN46142
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$811 - $2,287Studio to 3 Bedroom Apartments Available Now
Polo Run Apartments
800 Kings Mill RdGreenwood, IN 46142
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$815 - $2,845
Total Monthly Price
Studio to 2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
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$800 - $2,830
Required Monthly Fees
$15
Total Monthly Price
$815 - $2,845
Clearview
715 Clearview DrGreenwood, IN 46143
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$8251 Bedroom Apartments Available Now
7046 E US Hwy 36
7046 E US Hwy 36Avon, IN 46123
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$860 - $1,8101 to 3 Bedroom Apartments Available Now
Stafford Pointe
800 Southfield DrPlainfield, IN 46168
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$900 - $1,0751 to 2 Bedroom Apartments Available Now
Beech Tree Glen Apartments
240 Grovewood PlBeech Grove, IN 46107
8947 Brigadier Dr
LawrenceIN46226
8946 Brigadier Dr
LawrenceIN46226
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$9251 Bedroom Apartments Available Now
7046 E US Hwy 36
7046 E US Hwy 36Avon, IN 46123
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$949 - $1,9441 to 4 Bedroom Apartments Available Now
Beech Meadow Apartments
147 Diplomat CtBeech Grove, IN 46107
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$950 - $1,5251 to 3 Bedroom Apartments Available Now
Westminster Apartments and Townhomes
921 Parliament PlGreenwood, IN 46142
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$973 - $1,6121 to 3 Bedroom Apartments Available Now
Auburn Place
745 Wooddale TerGreenwood, IN 46142
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$975 - $1,7051 to 3 Bedroom Apartments Available Now
Yorktowne Farms Community
1570 Countryside DrGreenwood, IN 46143
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$990 - $1,445
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$775 - $1,230
Required Monthly Fees
$215
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$990 - $1,445
LaCabreah Apartments
7130 LaCabreah DrBrownsburg, IN 46112
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$9951 Bedroom Apartments Available Now
652 E Main St
652 E Main StPlainfield, IN 46168
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$999 - $1,8491 to 2 Bedroom Apartments Available Now
The Fairways at Valle Vista
610 Paradise CtGreenwood, IN 46143
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$999 - $1,3001 to 3 Bedroom Apartments Contact Us For Availability
Camby Crossing
7402 Camby Crossing DrCamby, IN 46113
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$1,000
Total Monthly Price
5 Bedroom Apartment Available NowTotal Monthly Price
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$1,000
Total Monthly Price
$1,000
17 Woodland Dr, Unit Upstair Rental
17 Woodland DrCarmel, IN 46032
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$1,014 - $1,3941 to 2 Bedroom Apartments Available Now
Courts of Valle Vista
714 Connors DrGreenwood, IN 46143
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$1,014 - $1,7951 to 3 Bedroom Apartments Available Now
Willow Glen South
4880 Willow Glen DrBeech Grove, IN 46107
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+ |
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 $705.
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.