Cheap Apartments for Rent in the Bos Neighborhood of Indianapolis, IN from $500 (28 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Bos area of Indianapolis.

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Dunbar Court
$665 - $925
Total Monthly Price

Total Monthly Price

Base Rent
$665 - $925

Total Monthly Price
$665 - $925
Studio to 1 Bedroom Apartments Available Now

Dunbar Court

1022 Dr Martin Luther King StIndianapolis, IN 46202
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632MLK
Rent Specials
$1,050 - $2,550
Total Monthly Price

Total Monthly Price

Base Rent
$955 - $2,455
Required Monthly Fees
$95

Total Monthly Price
$1,050 - $2,550
Studio to 3 Bedroom Apartments Available Now

632MLK

632 Dr Martin Luther King Jr StIndianapolis, IN 46202
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  • 3D Tour

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Ralston Apartments
Rent Specials
$1,153 - $3,496
Total Monthly Price

Total Monthly Price

Base Rent
$1,099 - $3,442
Required Monthly Fees
$54

Total Monthly Price
$1,153 - $3,496
1 to 4 Bedroom Apartments Available Now

Ralston Apartments

1201 Indiana AveIndianapolis, IN 46202
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Stadium Lofts & Flats
$1,185 - $1,719
Total Monthly Price

Total Monthly Price

Base Rent
$1,118 - $1,652
Required Monthly Fees
$67

Total Monthly Price
$1,185 - $1,719
1 to 2 Bedroom Apartments Available Now

Stadium Lofts & Flats

1501 W 16th StIndianapolis, IN 46202
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Capitol Manor
1 Bedroom Apartments

Capitol Manor

842 N Capitol AveIndianapolis, IN 46204
  • Utilities Included
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Victoria Apartments
Studio Apartments

Victoria Apartments

1244 N Illinois StIndianapolis, IN 46202
  • Utilities Included

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

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Canal Gardens
1 to 2 Bedroom Apartments

Canal Gardens

1249 Dr Martin Luther King Jr StIndianapolis, IN 46202
  • Utilities Included
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Campus Townhomes
2 Bedroom Apartments

Campus Townhomes

531 Ransom StIndianapolis, IN 46202
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Stonegate Apartments
Studio to 3 Bedroom Apartments

Stonegate Apartments

1220-1226 N Illinois StIndianapolis, IN 46202
  • Utilities Included

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Bos, Indianapolis, IN Local Guide

Cheapest Available Bos Apartments for Rent

 

The cheapest available apartment rental in the Bos area of Indianapolis, IN is a Studio unit found at Dunbar Court priced from $665. Canal Gardens has the second lowest priced unit, which is a 2 Beds apartment currently listed from $891. Here are the most affordable Bos apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Dunbar CourtStudioStudio,1BA$665
Canal Gardens2.1 40%2BR,1BA$891
9 On CanalStudio - StockholmStudio,1BA$895
Senate ManorS.1 CStudio,1BA$930
Lockefield GardensStandard One Bedroom (SR3)1BR,1BA$991
River West FlatsOne Bedroom One Bath - The Driftwood1BR,1BA$999
632MLKWalkerStudio,1BA$1,050
Drake Street Garden HomesTwo Bedroom2BR,1BA$1,100
Canal Overlook ApartmentsMeridian1BR,1BA$1,111
Ralston ApartmentsMagnolia1BR,1BA$1,153

Best Value Apartments for Rent in Bos, IN

As of February 14, 2026 the best value apartment in the Bos area is the $0.97 price per square foot loft Model at Shoemaker Building in the in the Riley neighborhood starting from $1,750. The second greatest value Bos apartment is the 2 Bedroom 1 Bath Model at The Block starting at $1,849 with a $1.55 price per square foot in the Riley neighborhood. Here is today’s list of the best values for Bos apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Shoemaker Buildingloft2BR,2BA$0.97
The Block2 Bedroom 1 Bath2BR,1BA$1.55
Canal Gardens2.1 40%2BR,1BA$0.93
Drake Street Garden HomesTwo Bedroom2BR,1BA$1.38
800 CapitolThe Rockwell1BR,1BA$1.78
Vivio on TenthPer Bedroom - 2x2 B1 725sf2BR,2BA$1.28
Canal Overlook ApartmentsMeridian1BR,1BA$1.74
River West FlatsOne Bedroom One Bath - The Driftwood1BR,1BA$1.77
Lockefield GardensStandard One Bedroom (SR3)1BR,1BA$1.78
Dunbar CourtStudioStudio ,1BA$1.93

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com

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Pet Friendly Lifestyle
Bos, Indianapolis, IN

Ranked #66

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, areas, and rental properties across Indiana, including Indianapolis. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and proximity to parks, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Bos Apartments

What is a cheap apartment in Bos?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Bos is under $1,153.

What is the price of a cheap apartment in Bos?

The cheapest apartment in Bos is Lockefield Gardens which is listed at $991, while the average apartment in Bos costs $2,550.

What types of apartments are the cheapest in Bos?

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 38 regular apartments in Bos 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 Bos?

Cheap apartments in Bos have an average cost of $309 which is $2,241 cheaper than the average rent for all rentals in Bos.

Expert Rental Resources

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.

Helpful Local Expert Guides

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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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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Written by: Wendy Melton

Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

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Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Written by: Wendy Melton

My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

Articles, How-To's, and Tips

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Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.