
Cheap Apartments for Rent in Indianapolis, IN from $300 (785 Rentals) Page 8 of 16
Search the lowest-cost Apartments available for rent right now in Indianapolis.


Enclave at Eagle Creek Apartments

Autumn Chase

Oak Park

Pavilion Place

Kinwood Place

1501 S Meridian St

Total Monthly Price
Wylde at Eagle Creek

Total Monthly Price
Parkside at Castleton Square Apartments and Townhomes

Buckingham & Balmoral

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Bayview Club Apartments

Riverchase Apartments

Lakeshore Apartments

Chelsea Village

Total Monthly Price
The Elliott at College Park Apartment Homes

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Creek Bay

Woods of Castleton

Paragon Park

Willow Brook

Heritage Apartments

Northampton Village Apartments

4225 Crittenden Ave

7309 Rockleigh Ave

508-508 Emerson Ave

Sundance Apartments

River House

Cedar Ridge

The Meadows

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Ralston Apartments

The Masters Apartments

Bishop Pond Residences Apartments

Ashton Brook

Total Monthly Price
The Delaware Apartments

Riverview

Crooked Creek

TGM Shadeland Station

Aspen Lakes

Broad Ripple Flats

Total Monthly Price
The 85Twenty

The Grove on 79th

Park Forest Apartments

Total Monthly Price
Stadium Lofts & Flats

Aberdeen Apartments

9031 S Eldorado Dr

Southern Dunes

9037 S Eldorado Dr

The Timbers Apartments

Canal Square

The Spring Waterside Luxury Apartments

Latitudes Apartments
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 | $1,157 | $595 | $5,600 |
| Cheap Indianapolis 1 Bedroom Apartments | $1,371 | $497 | $4,874 |
| Cheap Indianapolis 2 Bedroom Apartments | $1,631 | $563 | $6,212 |
| Cheap Indianapolis 3 Bedroom Apartments | $2,029 | $825 | $10,000+ |
| Cheap Indianapolis 4 Bedroom Apartments | $1,650 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $9,610 | $1,000 | $10,000+ |
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Indianapolis, IN Area Reviews
Wendy • 3+ years in Indianapolis
August 10, 2025One of Indiana's most beautiful cities!
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 $620.
How much is rent for a Cheap One Bedroom Indianapolis Apartment?
The lowest price for a Cheap One Bedroom Indianapolis Apartment is $649 at Volrath.
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 $579 at East Village at Avondale Meadows Apartments.
What is the most affordable Indianapolis Three Bedroom Apartment?
The best deal on a cheap Indianapolis Three Bedroom Apartment rental is at El Dorado Apartments and starts from $999.
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.