Cheap 1 Bedroom Apartments for Rent in the Downtown Indianapolis Neighborhood of Indianapolis, IN from $497 (102 Rentals)

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The Sheldrake Apartments
$750 - $930
Total Monthly Price

Total Monthly Price

Base Rent
$595 - $930
Total Monthly Price
$595 - $930
1 Bedroom Apartments Contact Us For Availability

The Sheldrake Apartments

2258 N Meridian StIndianapolis, IN 46208
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Dunbar Court
$875 - $925
Total Monthly Price

Total Monthly Price

Base Rent
$665 - $925
Total Monthly Price
$665 - $925
1 Bedroom Apartments Contact Us For Availability

Dunbar Court

1022 Dr Martin Luther King StIndianapolis, IN 46202
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  • Smoke Free

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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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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Wesley Place
Rent Specials
$1,099 - $1,676
Total Monthly Price

Total Monthly Price

Base Rent
$929 - $2,019
Required Monthly Fees
$120
Total Monthly Price
$1,049 - $2,139
1 Bedroom Apartments Available Now

Wesley Place

75 W 18th StIndianapolis, IN 46202
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Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

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Ralston Apartments
Rent Specials
$1,171 - $1,510
Total Monthly Price

Total Monthly Price

Base Rent
$1,117 - $3,442
Required Monthly Fees
$54
Total Monthly Price
$1,171 - $3,496
1 Bedroom Apartments Available Now

Ralston Apartments

1201 Indiana AveIndianapolis, IN 46202
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Stadium Lofts & Flats
$1,185 - $1,480
Total Monthly Price

Total Monthly Price

Base Rent
$1,118 - $1,652
Required Monthly Fees
$67
Total Monthly Price
$1,185 - $1,719
1 Bedroom Apartments Available Mar 6

Stadium Lofts & Flats

1501 W 16th StIndianapolis, IN 46202
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2131 North
$1,215
Total Monthly Price

Total Monthly Price

Base Rent
$1,215 - $1,585
Total Monthly Price
$1,215 - $1,585
1 Bedroom Apartments Contact Us For Availability

2131 North

2131 N Meridian StIndianapolis, IN 46202
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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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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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Frequently Asked Questions about Cheap Downtown Indianapolis Apartments

What is the Cheapest Studio apartment in Downtown Indianapolis?

Currently the most affordable Cheap Studio Apartment in Downtown Indianapolis is at Union at 16th listed at $684.

How much is rent for a Cheap One Bedroom Downtown Indianapolis Apartment?

The lowest price for a Cheap One Bedroom Downtown Indianapolis Apartment is $684 at Union at 16th.

What is the lowest price for a Cheap Two Bedroom Downtown Indianapolis Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Indianapolis is starting from $684 at Union at 16th.

What is the most affordable Downtown Indianapolis Three Bedroom Apartment?

The best deal on a cheap Downtown Indianapolis Three Bedroom Apartment rental is at Union at 16th and starts from $684.

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

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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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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.

decorative image for Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods article

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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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.

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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.

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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.