
Low Income Apartments for Rent in Indianapolis, IN (40 Rentals)


Fountain Parc

The Manning Apartment Homes

Lawrence Landing

Eagle’s Edge

The Life at Belhaven Place

The Reserve at Franklin Glenn I LP

Country Lake Estates
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Covered Bridge

Northampton Village Apartments

Carriage House East

Mann Village Apartments
Navigating the World of Low-Income Housing
A Comprehensive Guide to Understanding Low Income Renting

Minnie Hartmann Center

Waterfront Pointe

Northwood on the Trail

The Vistas Apartment Homes

Cedar Ridge

Thompson Village Apartments

Union at 16th

Park View at Beech Grove

Woodhaven Park
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Priscilla on Pennsylvania

Plaza at Central Greens

Churchman Woods

Wyndham Hall Senior
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Christian Place Apartments

The Towers at Crooked Creek Senior Housing

Benjamin Court

Indy Colonial Apartments

Kinwood Place

Abbey Apartments - Affordable Senior Housing

Camby Crossing

Greystone of Noblesville

Gladden Farms
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.
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 | $1,217 | $515 | $5,274 |
Indianapolis Low Income 1 Bedroom Apartments | $1,348 | $597 | $4,292 |
Indianapolis Low Income 2 Bedroom Apartments | $1,619 | $563 | $5,706 |
Indianapolis Low Income 3 Bedroom Apartments | $1,991 | $801 | $10,000+ |
Indianapolis Low Income 4 Bedroom Apartments | $1,662 | $550 | $6,626 |
Indianapolis 5 Bedroom Apartments | $5,129 | $2,750 | $9,067 |
Browse Top Apartments in Indianapolis
See all Apartments in IndianapolisExplore Indianapolis

Indianapolis, IN Local Guide

- Indianapolis Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
Indianapolis, IN Area Reviews
Wendy • 3+ years in Indianapolis
August 10, 2025One of Indiana's most beautiful cities!
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 Line Lofts listed at $563.
How much is the average rent for a Low Income Indianapolis Apartment?
The average rent for a Low Income Apartment in Indianapolis is $1,199.
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 659 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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.