Cheap Studio Apartments for Rent in Indianapolis, IN from $595 (141 Rentals) Page 2 of 3

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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.

Check Out Indianapolis’s Best Affordable Neighborhoods

Learn about Indianapolis and the best places to live with original content written by our Local Expert Wendy Melton

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Fisher Apartments
Studio Apartments

Fisher Apartments

5125 W 10th StIndianapolis, IN 46224
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New Bridge Apartments
Studio Apartments

New Bridge Apartments

2372 Beckwith DrIndianapolis, IN 46218
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34 North Apartments
Studio Apartments

34 North Apartments

3402 N Meridian StIndianapolis, IN 46208
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Rotherwood
Studio Apartments

Rotherwood

1503 N Pennsylvania StIndianapolis, IN 46202
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Marblehead
Studio Apartments

Marblehead

3310 N Meridian StIndianapolis, IN 46208
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Sherman Forest
Studio Apartments

Sherman Forest

3615 Sherman Forest DrIndianapolis, IN 46205
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Butler Place
Studio Apartments

Butler Place

5230 E Washington StIndianapolis, IN 46219
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Windsor
Studio Apartments

Windsor

1235 N Delaware StIndianapolis, IN 46202
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The Jordan
Studio Apartments

The Jordan

1445 N Delaware StIndianapolis, IN 46202
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Indy Flats
Studio Apartments

Indy Flats

1304 N Delaware StIndianapolis, IN 46202
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VILLAGE AT FALL CREEK
Studio Apartments

VILLAGE AT FALL CREEK

3520-3534 Fall Creek Parkway North DrIndianapolis, IN 46205

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

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 $710.

What is the price of a cheap apartment in Indianapolis?

The cheapest apartment in Indianapolis is Meridian Towers which is listed at $629, while the average apartment in Indianapolis costs $2,253.

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 3,482 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 $384 which is $1,869 cheaper than the average rent for all rentals in Indianapolis.

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.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.