Cheap Studio Apartments for Rent in Indianapolis, IN from $581 (190 Rentals) Page 4 of 4

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Slate Run Lofts
Studio Apartments

Slate Run Lofts

9555 International DrIndianapolis, IN 46268
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Stonegate Apartments
Studio Apartments

Stonegate Apartments

1220-1226 N Illinois StIndianapolis, IN 46202
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Raleigh
Studio Apartments

Raleigh

108 E 13th StIndianapolis, IN 46202
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Van Dyke
Studio Apartments

Van Dyke

1229 N Pennsylvania StIndianapolis, IN 46202
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Northview
Studio Apartments

Northview

8607 Cholla RdIndianapolis, IN 46240
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Spink
Studio Apartments

Spink

1433 N Pennsylvania StIndianapolis, IN 46202
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Grid
Studio Apartments

Grid

520 E Washington StIndianapolis, IN 46204
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The McKay
Studio Apartments

The McKay

611 N Pennsylvania StIndianapolis, IN 46204
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The Vue
Studio Apartments

The Vue

718 E Georgia StIndianapolis, IN 46202
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Pinnex
Studio Apartments

Pinnex

931 Fletcher AveIndianapolis, IN 46203
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City's End
Studio Apartments

City's End

1441 Prospect StIndianapolis, IN 46203
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Turnverein Apartments
Studio Apartments

Turnverein Apartments

902 N Meridian StIndianapolis, IN 46204
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Arbor Manor
Studio Apartments

Arbor Manor

212 Churchill DrMooresville, IN 46158
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Somerset Place
Studio Apartments

Somerset Place

136 Somerset DrGreenwood, IN 46143
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The Blvd at Anson
Studio Apartments

The Blvd at Anson

6290 Central BlvdWhitestown, IN 46075
Senior Living
Showing Results 151-190, Page 4 of 4

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

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Wendy • 3+ years in Indianapolis

August 10, 2025

One 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 $520.

How much is rent for a Cheap One Bedroom Indianapolis Apartment?

The lowest price for a Cheap One Bedroom Indianapolis Apartment is $520 at The Stratford.

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 $520 at The Stratford.

What is the most affordable Indianapolis Three Bedroom Apartment?

The best deal on a cheap Indianapolis Three Bedroom Apartment rental is at The Stratford and starts from $520.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.