
Cheap 1 Bedroom Apartments for Rent in the Clearwater Neighborhood of Indianapolis, IN from $842 (29 Rentals)


River Road Apartments

A62 Apartments

Northwood on the Trail

Williamsburg North

Jade North Apartments

Castleton Manor Apartments
Genius Ideas and Studio Layout Tips That Maximize Every Square Inch
Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

The Hub at Nora

TGM Autumn Woods

Woodbridge Castleton

Summit at Keystone

College Courts

The Lodge at Trails Edge

Ashton Brook
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

Total Monthly Price
Retreat at Riverbend Apartment Homes

Lakeshore Apartments

TGM Avalon Lake

Solana Apartments

River Crossing

82 Flats

River Ridge Apartments
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.

Monon Living

Somerset Lakes

Lake Clearwater Apartments

Scandia Apartments

AYR Apartments

Castle Creek Apartments

Shore Acres
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.

The Line
Clearwater, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Clearwater?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Clearwater Studio Apartments | $1,414 | $849 | $5,274 |
Clearwater 1 Bedroom Apartments | $1,385 | $842 | $2,224 |
| Clearwater 2 Bedroom Apartments | $1,678 | $1,000 | $2,995 |
| Clearwater 3 Bedroom Apartments | $2,142 | $1,239 | $3,496 |
| Clearwater 4 Bedroom Apartments | $1,775 | $1,700 | $1,850 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the Clearwater Neighborhood of Indianapolis, IN.
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Frequently Asked Questions about Cheap Clearwater Apartments
What is a cheap apartment in Clearwater?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Clearwater is under $1,064.
What is the price of a cheap apartment in Clearwater?
The cheapest apartment in Clearwater is River Road Apartments which is listed at $880, while the average apartment in Clearwater costs $2,062.
What types of apartments are the cheapest in Clearwater?
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 55 regular apartments in Clearwater 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 Clearwater?
Cheap apartments in Clearwater have an average cost of $241 which is $1,821 cheaper than the average rent for all rentals in Clearwater.
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.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
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Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.