Cheap Apartments for Rent in Indianapolis, IN from $300 (679 Rentals)Page 4 of 14
Search the lowest-cost Apartments available for rent right now in Indianapolis.

4012 Mann Rd

Parkhaven Apartments

6058 E 16th St

Christian Place Apartments

2118-2120 Admiral Dr

2212 N Elizabeth St

822 Christian Pl

The Sycamores

Maryden on Central

Spanish Oaks

Thompson Village Apartments

Traymore Apartments

Idlewood Apartments

7988 N Michigan Rd

Vineyards Apartments

Riverbend Apartments

The Woods of Eagle Creek

Aspen Pointe Apartments

Willow Brook

Beechmill Apartments

A/62

Utomin Apartments

Avery Point Apartments

Oakbrook Village

M Club Apartments

Island Club Apartment Homes

Lockefield Gardens

Auburn Hills Apartments

Devonshire Apartments in Downtown Indianapolis

Waterford Place Apartments

The George Apartment Homes

Scandia Apartments

River West Flats

The Parkview

Home Place Senior Living

Astoria Park Apartment Homes

Eagle’s Edge

City Heights

29 S Bradley Ave

1472 W 32nd St

451 W 28th St

1 W 28th St

The Towers at Crooked Creek Senior Housing

40 N Euclid Ave

Woodbridge Castleton
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 | $1,250 | $585 | $5,493 |
Cheap Indianapolis 1 Bedroom Apartments | $1,422 | $335 | $4,500 |
Cheap Indianapolis 2 Bedroom Apartments | $1,692 | $700 | $9,703 |
Cheap Indianapolis 3 Bedroom Apartments | $1,983 | $1,000 | $8,833 |
Cheap Indianapolis 4 Bedroom Apartments | $2,134 | $700 | $4,140 |
Indianapolis 5 Bedroom Apartments | $4,571 | $2,135 | $10,000+ |
Browse Top Apartments in Indianapolis
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Getting Around Indianapolis, IN
Walk Score®
50 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
53 / 100
Bikeable
Some bike infrastructure
Transit Score®
29 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Stratford listed at $610.
How much is rent for a Cheap One Bedroom Indianapolis Apartment?
The lowest price for a Cheap One Bedroom Indianapolis Apartment is $650 at Stone Lake.
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 $700 at The Aerie on 11th Street.
What is the most affordable Indianapolis Three Bedroom Apartment?
The best deal on a cheap Indianapolis Three Bedroom Apartment rental is at East Village at Avondale Meadows Apartments and starts from $662.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.