
Low Income Apartments for Rent in Indianapolis, IN (36 Rentals)


The Manning Apartment Homes

Eagle’s Edge

Fountain Parc

Country Lake Estates

The Life at Belhaven Place
Navigating the World of Low-Income Housing
A Comprehensive Guide to Understanding Low Income Renting

Covered Bridge

Northampton Village Apartments

Maple Creek Village

Glenstone Studios

Thompson Village Apartments

Woodlake

Northwood on the Trail

Historic Irvington Flats

Cedar Ridge
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Waterfront Pointe

Mann Village Apartments

Plaza at Central Greens

Minnie Hartmann Center

Priscilla on Pennsylvania

Vistas Apartments

Churchman Woods

Woodhaven Park
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Park View at Beech Grove

Carriage House East

Christian Place Apartments

The Towers at Crooked Creek Senior Housing

Indy Colonial Apartments

Benjamin Court

Proctor Place

Abbey Apartments - Affordable Senior Housing

Camby Crossing

Gladden Farms
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Indianapolis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Indianapolis Low Income Studio Apartments | $1,280 | $585 | $6,129 |
Indianapolis Low Income 1 Bedroom Apartments | $1,429 | $325 | $4,120 |
Indianapolis Low Income 2 Bedroom Apartments | $1,711 | $700 | $8,011 |
Indianapolis Low Income 3 Bedroom Apartments | $2,045 | $798 | $10,000+ |
Indianapolis Low Income 4 Bedroom Apartments | $2,117 | $550 | $4,850 |
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Indianapolis, IN Local Guide

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Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Indianapolis Overview
Indiana’s capital, Indianapolis, is the state’s largest city and it ranks 13th in the country for size. It sits near the convergence of the White River and Fall Creek. Recently, Forbes ranked Indianapolis as having one of the best downtowns in the country because of its appealing appearance as well as amenities like movie theaters, museums, art galleries, parks, retail shops and entertainment. Indianapolis has experienced moderate growth in the last few years, and currently has a population of nearly 840,000 residents.
Why live in Indianapolis, IN?
In Indianapolis, if you are a sports fan, you are in luck. The city boasts many sports-related venues and activities. There is a lot to do if you love history, art, and the outdoors as well (in the warmer months, of course!). Here are some of the highlights the city has to offer:
Pet Friendly LifestyleIndianapolis, IN
Ranked #1
Among cities in Indiana for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Indianapolis, IN Rentals by Map
See the most popular apartments and homes in Indianapolis, IN
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 Low Income Indianapolis Apartments
What is the Cheapest Low Income apartment in Indianapolis?
Currently the most affordable Low Income Apartment in Indianapolis is at Glenstone Studios listed at $649.
How much is the average rent for a Low Income Indianapolis Apartment?
The average rent for a Low Income Apartment in Indianapolis is $1,210.
What is the largest Low Income Indianapolis Apartment for rent?
Today's Low Income apartment with the most square footage in Indianapolis is a 1,632 square feet unit starting from $1,169 at Northwood on the Trail.
What is the average size for Indianapolis Low Income Apartments for rent?
The average size for a Low Income rental in Indianapolis is currently at 625 sq ft.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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.