Cheap Apartments for Rent in the Concord Neighborhood of Indianapolis, IN from $549 (64 Rentals)

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

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One Somerset
Rent Specials
$875 - $1,025
Total Monthly Price

Total Monthly Price

Base Rent
$875 - $1,025
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

One Somerset

3761 S State AveIndianapolis, IN 46227
Affordability
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property at 2231 Union St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

3 Bedroom, 1 Bath Home for Rent

Available Now

2231 Union St

IndianapolisIN46225
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Volrath
Studio to 2 Bedroom Apartments

Volrath

118 Palmer StIndianapolis, IN 46225
Student Housing
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Garfield Place
2 Bedroom Apartments

Garfield Place

2236 Ransdell StIndianapolis, IN 46225
  • Utilities Included

Concord - One of the Best Affordable Neighborhoods in Indianapolis

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

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Spicewood
Studio to 2 Bedroom Apartments

Spicewood

354 Spicewood DrIndianapolis, IN 46227
Senior Living

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Cheapest Available Concord Apartments for Rent

 

The cheapest available apartment rental in the Concord area of Indianapolis, IN is a 1 Bed unit found at Volrath priced from $599. Garfield Park Village has the second lowest priced unit, which is a Studio apartment currently listed from $749. Here are the most affordable Concord apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Volrath1BR/1.0BA1BR,1BA$599
Garfield Park Village0/1 RenovatedStudio,1BA$749
Capital PlaceOne Bedroom One Bath TH1BR,1BA$824
Pine Glen1x1 Classic WL1BR,1BA$870
One SomersetOne Somerset - 1 Bed/1 Bath. Act Now! Get a $30...1BR,1BA$875
SpicewoodOne Bed One Bath1BR,1BA$899
Madison Lofts1 Bedroom 1 Bathroom1BR,1BA$899
Dawson Village2 BR/1 BA - FLATS2BR,1BA$899

Best Value Apartments for Rent in Concord, IN

As of August 30, 2026 the best value apartment in the Concord area is the $0.89 price per square foot 1801 S Meridian St Model at 1801 S Meridian St, Unit 1801 in the in the Concord neighborhood starting from $1,250. The second greatest value Concord apartment is the 1158 Laurel St Model at 1158 Laurel St, Unit 1st Floor Apartment starting at $1,200 with a $1.00 price per square foot in the Concord neighborhood. Here is today’s list of the best values for Concord apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1801 S Meridian St, Unit 18011801 S Meridian St3BR,1.5BA$0.89
1158 Laurel St, Unit 1st Floor Apartment1158 Laurel St2BR,1BA$1.00
Hanna VillageCambridge3BR,2BA$1.45
Capital PlaceTwo Bedroom One Bath w/Den2BR,1BA$1.28
701 E Perry St, Unit 701 E. Perry Street701 E Perry St2BR,1BA$1.06
755 E Perry St, Unit 755 E. Perry Street755 E Perry St2BR,1BA$1.06
The Assumption on Blaine1 Bed 1 Bath1BR,1BA$1.31
Madison Lofts1 Bedroom 1 Bathroom1BR,1BA$1.44
Pine Glen1x1 Classic WL1BR,1BA$1.43
Volrath1BR/1.0BA1BR,1BA$1.00

Frequently Asked Questions about Cheap Concord Apartments

What is a cheap apartment in Concord?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Concord is under $899.

What is the price of a cheap apartment in Concord?

The cheapest apartment in Concord is Volrath which is listed at $599, while the average apartment in Concord costs $1,358.

What types of apartments are the cheapest in Concord?

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 5 regular apartments in Concord 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 Concord?

Cheap apartments in Concord have an average cost of $103 which is $1,255 cheaper than the average rent for all rentals in Concord.

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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