37 West St Clair Street
IndianapolisIN46204
Cheap Homes for Rent in Canal Walk Neighborhood of Indianapolis, IN from $800 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Canal Walk area of Indianapolis.
312 E 13th St
IndianapolisIN46202
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$1,3951 Bedroom Apartments Available Now
615 N East St
615 N East StIndianapolis, IN 46202
1428 N Park Ave
IndianapolisIN46202
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$1,4521 Bedroom Apartments Available Now
615 N East St
615 N East StIndianapolis, IN 46202
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.
230 E 9th St
IndianapolisIN46204
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$1,522Studio Apartments Available Apr 1
335 W 9th St
335 W 9th StIndianapolis, IN 46202
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$1,6852 Bedroom Apartments Available Now
844 Camp St
844 Camp StIndianapolis, IN 46202
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$1,750Studio Apartments Available Jan 28
423 E Michigan St
423 E Michigan StIndianapolis, IN 46204
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$1,750Studio Apartments Available Jan 28
423 E Michigan St
423 E Michigan StIndianapolis, IN 46204
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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$1,7631 Bedroom Apartments Available Jul 4
335 W 9th St
335 W 9th StIndianapolis, IN 46202
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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 | $2,443 | $1,840 | $2,900 |
| Canal Walk 3 Bedroom Homes for Rent | $2,741 | $1,925 | $3,500 |
| Canal Walk 4 Bedroom Homes for Rent | $3,999 | $3,999 | $3,999 |
Browse Homes for Rent in this Neighborhood
There are currently 11 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 Dunbar Court priced from $660. INDY FLATS has the second lowest priced unit, which is a Studio apartment currently listed from $705. Here are the most affordable Canal Walk apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Dunbar Court | Studio | Studio,1BA | $660 |
| INDY FLATS | Sherwood Std D | Studio,1BA | $705 |
| St. Agnes Apartments | Studio- Large 5th* | Studio,1BA | $789 |
| Madison Apartments | One bedroom | 1BR,1BA | $795 |
| Canal Gardens | 2.1 40% | 2BR,1BA | $891 |
Best Value Apartments for Rent in Canal Walk, IN
As of January 27, 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 The Evans Model at The E'Laan starting at $1,787 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 E'Laan | The Evans | 2BR,2BA | $1.49 |
| The Block | 2 Bedroom 1 Bath | 2BR,1BA | $1.55 |
| Gardens of Canal Court | Two Bedroom Two Bath (1,184 - 1,194 Square Feet) | 2BR,2BA | $1.28 |
| Indy Colonial Apartments | 311 | 1BR,1BA | $1.05 |
| Canal Gardens | 2.1 40% | 2BR,1BA | $0.93 |
| 522 Fletcher Ave | 1BR/1.5BA | 1BR,1.5BA | $1.40 |
| Madison Apartments | Two bedroom | 2BR,1BA | $1.40 |
| The Washington | 2 Bedroom | 2BR,1BA | $1.47 |
| Traymore Apartments | One Bedroom | 1BR,1BA | $1.54 |
Frequently Asked Questions about Canal Walk
What type of rentals are currently available in Canal Walk?
There are currently 158 Apartments for Rent in Canal Walk, IN with pricing that ranges from $497 to $10,814. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Canal Walk ranging from $880 to $3,999.
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 $880 to $3,999 with an average monthly rent of $2,401.
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 $1,971 to $10,814, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,925 to $3,500. Four Bedroom Single-Family rentals are also available starting from $3,999 and Four Bedroom Apartments start at $949.
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
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.
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.
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
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.
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.
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.
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.