145 E 14th St
IndianapolisIN46202
Cheap Homes for Rent in Canal Walk Neighborhood of Indianapolis, IN from $1,100 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Canal Walk area of Indianapolis.
230 E 9th St
IndianapolisIN46204
312 E 13th St
IndianapolisIN46202
230 E 9th St, Unit 304, Unit 304
230 E 9th St
IndianapolisIN46204
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
1408 Broadway St, Unit D
1408 Broadway St
IndianapolisIN46202
611 N Park Ave, Unit 114, Unit 114
611 N Park Ave
IndianapolisIN46204
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$1,8681 Bedroom Apartments Available Aug 2
615 N East St, Unit SI ID1364133P
615 N East StIndianapolis, IN 46202
425 Massachusetts Ave
IndianapolisIN46204
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.
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Canal Walk, Indianapolis, IN Local Guide
How much does it cost to rent a home in Canal Walk?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Canal Walk 2 Bedroom Homes for Rent | $2,882 | $2,200 | $3,800 |
| Canal Walk 3 Bedroom Homes for Rent | $2,825 | $2,650 | $3,000 |
| Canal Walk 4 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 1 mile radius of the Canal Walk Neighborhood of Indianapolis, IN.
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Cheapest Available Canal Walk Apartments for Rent
The cheapest available apartment rental in the Canal Walk area of Indianapolis, IN is a Studio unit found at INDY FLATS priced from $655. Dunbar Court has the second lowest priced unit, which is a Studio apartment currently listed from $665. Here are the most affordable Canal Walk apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| INDY FLATS | Sherwood Std D | Studio,1BA | $655 |
| Dunbar Court | Studio | Studio,1BA | $665 |
| Priscilla on Pennsylvania | Studio- 1st Floor Corner | Studio,1BA | $799 |
Best Value Apartments for Rent in Canal Walk, IN
As of May 04, 2026 the best value apartment in the Canal Walk 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 Canal Walk apartment is the 3 Bedroom 2 Bath Model at The Block starting at $2,639 with a $1.49 price per square foot in the Riley neighborhood. Here is today’s list of the best values for Canal Walk apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Shoemaker Building | loft | 2BR,2BA | $0.97 |
| The Block | 3 Bedroom 2 Bath | 3BR,2BA | $1.49 |
| Maxwell Apartments | Chicago | 2BR,2BA | $1.40 |
| Canal Gardens | 2.1 40% | 2BR,1BA | $0.93 |
| The Davlan | 2-1 | 2BR,1BA | $0.95 |
| Drake Street Garden Homes | Two Bedroom | 2BR,1BA | $1.30 |
| Van Dyke | Van Dyke 1B 830 | 1BR,1BA | $1.55 |
| Penn Street Tower Apartments | Wabash: Floors 10-12 | 1BR,1BA | $1.59 |
| 1010 Central | Bunker 60% | 1BR,1BA | $1.53 |
| Lofts on Madison | Studio | Studio ,1BA | $1.63 |
Frequently Asked Questions about Canal Walk
What type of rentals are currently available in Canal Walk?
There are currently 160 Apartments for Rent in Canal Walk, IN with pricing that ranges from $655 to $7,145. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Canal Walk ranging from $1,150 to $3,800.
What is the current price range for Rental Homes in Canal Walk?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Canal Walk ranges from $1,150 to $3,800 with an average monthly rent of $2,505.
How much are larger Three and Four Bedroom Rentals in Canal Walk?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Canal Walk range from $1,900 to $7,145, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,650 to $3,000. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $979.
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.
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