Cheap 2 Bedroom Apartments for Rent in the Canal Walk Neighborhood of Indianapolis, IN from $1,049 (20 Rentals)

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Campus Townhomes
2 Bedroom Apartments

Campus Townhomes

531 Ransom StIndianapolis, IN 46202

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.

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Chelsea Manor
2 Bedroom Apartments

Chelsea Manor

1451 Central AveIndianapolis, IN 46202
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Stonegate Apartments
2 Bedroom Apartments

Stonegate Apartments

1220-1226 N Illinois StIndianapolis, IN 46202
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Madison Apartments
2 Bedroom Apartments

Madison Apartments

226 E 12th StIndianapolis, IN 46202
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550 Fletcher Ave
2 Bedroom Apartments

550 Fletcher Ave

550 Fletcher AveIndianapolis, IN 46203
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The Pennsylvania
2 Bedroom Apartments

The Pennsylvania

919 N Pennsylvania StIndianapolis, IN 46204
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800 Capitol
2 Bedroom Apartments

800 Capitol

800 N Capitol AveIndianapolis, IN 46204
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1010 Central
2 Bedroom Apartments

1010 Central

1010 Central AveIndianapolis, IN 46202
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Blacherne Apartments
2 Bedroom Apartments

Blacherne Apartments

402 N Meridian StIndianapolis, IN 46204
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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St. Joseph Flats
2 Bedroom Apartments

St. Joseph Flats

126 E St. Joseph StIndianapolis, IN 46202
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The 101
2 Bedroom Apartments

The 101

1001 N Delaware StIndianapolis, IN 46202
  • Utilities Included

Canal Walk, Indianapolis, IN Local Guide

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.

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Frequently Asked Questions about Cheap Canal Walk Apartments

What is a cheap apartment in Canal Walk?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Canal Walk is under $1,092.

What is the price of a cheap apartment in Canal Walk?

The cheapest apartment in Canal Walk is Indiana Flats and Townhomes which is listed at $1,095, while the average apartment in Canal Walk costs $2,654.

What types of apartments are the cheapest in Canal Walk?

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 18 regular apartments in Canal Walk 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 Canal Walk?

Cheap apartments in Canal Walk have an average cost of $659 which is $1,995 cheaper than the average rent for all rentals in Canal Walk.

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 Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.