
Low Income Apartments for Rent in Indianapolis, IN Under $1,000 (22 Rentals)


Indy Colonial Apartments

Historic Irvington Flats

Park View at Beech Grove

The Life at Belhaven Place

Christian Place Apartments

The Vistas Apartment Homes
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.

Lawrence Landing

Minnie Hartmann Center

Carriage House East
Navigating the World of Low-Income Housing
A Comprehensive Guide to Understanding Low Income Renting

Priscilla on Pennsylvania

Covered Bridge

Churchman Woods

Woodhaven Park

Abbey Apartments - Affordable Senior Housing

Union at 16th
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.

Gladden Farms
Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Indianapolis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Indianapolis Studio Apartments | $1,194 | $515 | $5,283 |
Indianapolis 1 Bedroom Apartments | $1,352 | $650 | $4,292 |
Indianapolis 2 Bedroom Apartments | $1,627 | $695 | $5,706 |
Indianapolis 3 Bedroom Apartments | $2,018 | $801 | $10,000+ |
Indianapolis 4 Bedroom Apartments | $1,701 | $550 | $8,693 |
Indianapolis 5 Bedroom Apartments | $5,571 | $3,034 | $8,109 |
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Indianapolis, IN Local Guide
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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.
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 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 $1,214.
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 646 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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.