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Barbee
1215 N Pennsylvania StIndianapolis, IN 46202
Cheap 1 Bedroom Apartments for Rent in the Downtown Indianapolis Neighborhood of Indianapolis, IN from $497 (103 Rentals) Page 2 of 3
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The Marleigh
1434-1448 N Delaware StIndianapolis, IN 46202
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Windsor
1235 N Delaware StIndianapolis, IN 46202
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The Jordan
1445 N Delaware StIndianapolis, IN 46202
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The Harrison
1320 N Delaware StIndianapolis, IN 46202
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Senate Manor Apartments
548 N Senate AveIndianapolis, IN 46204
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550 Fletcher Ave
550 Fletcher AveIndianapolis, IN 46203
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Capitol Manor
842 N Capitol AveIndianapolis, IN 46204
336 Prospect St
IndianapolisIN46225
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PICCADILLY
28 E 16th StIndianapolis, IN 46202
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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Central State Mansion
202 Steeples BlvdIndianapolis, IN 46222
471 N State Ave
IndianapolisIN46201
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The Whitaker
1504 N Pennsylvania StIndianapolis, IN 46202
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Indy Christian Place Apartments LLC
824 N Alabama StIndianapolis, IN 46204
906 Laurel St
IndianapolisIN46203
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Monon Lofts
1122 E 16th StIndianapolis, IN 46202
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Senate Manor
545-551 N Senate AveIndianapolis, IN 46204
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Chelsea Manor
1451 Central AveIndianapolis, IN 46202
590 Woodruff Pl W Dr
IndianapolisIN46201
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Mayleeno
416 E Vermont PlIndianapolis, IN 46202
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Trail Side
865-893 Massachusetts AveIndianapolis, IN 46204
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The Seminole
920 N Alabama StIndianapolis, IN 46202
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St. James
2102 N Meridian StIndianapolis, IN 46202
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Stonegate Apartments
1220-1226 N Illinois StIndianapolis, IN 46202
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919 Broadway St
919 Broadway StIndianapolis, IN 46202
1839 Talbott St
IndianapolisIN46202
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The Rotherwood Apartments
1503 N Pennsylvania StIndianapolis, IN 46202
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Indy Downtown Colonial Apartments
402-406 N Delaware StIndianapolis, IN 46204
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PENN ARTS
111 E 16th StIndianapolis, IN 46202
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Madison Apartments
226 E 12th StIndianapolis, IN 46202
Renting Smart: Lease Basics Every Renter Needs
Demystify Your Rental Lease. Learn the basics about renting, deposits, and tenant/landlord responsibilities. Rent smart and avoid surprises. | Renter University at ApartmentHomeLiving.com
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Spink
1433 N Pennsylvania StIndianapolis, IN 46202
2124 Broadway St
IndianapolisIN46202
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The McKay
611 N Pennsylvania StIndianapolis, IN 46204
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Raleigh
108 E 13th StIndianapolis, IN 46202
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The Richelieu
610 N East StIndianapolis, IN 46202
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Illinois Street Senior Apartments
1352 N Illinois StIndianapolis, IN 46202
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Ohio Street TownHomes
1052 E Ohio StIndianapolis, IN 46202
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The Steeples on Washington
2910 Steeples DrIndianapolis, IN 46222
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Blacherne Apartments
402 N Meridian StIndianapolis, IN 46204
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The Retreat On Washington
2950 Kirkbride WayIndianapolis, IN 46222
Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.
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Van Dyke
1229 N Pennsylvania StIndianapolis, IN 46202
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The 101
1001 N Delaware StIndianapolis, IN 46202
55 S Harding St
IndianapolisIN46222
230 E 9th St
IndianapolisIN46204
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Roberts School Flats
1401 E 10th StIndianapolis, IN 46201
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Wyndham on Delaware
1040 N Delaware StIndianapolis, IN 46202
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450 N Massachusetts Ave
450 N Massachusetts AveIndianapolis, IN 46204
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The Vue
718 E Georgia StIndianapolis, IN 46202
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Fletcher Place Terrace
427 S College AveIndianapolis, IN 46203
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Grid
520 E Washington StIndianapolis, IN 46204
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.
Downtown Indianapolis, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Downtown Indianapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Indianapolis Studio Apartments | $1,297 | $595 | $4,070 |
Downtown Indianapolis 1 Bedroom Apartments | $1,567 | $497 | $4,071 |
| Downtown Indianapolis 2 Bedroom Apartments | $2,016 | $515 | $6,207 |
| Downtown Indianapolis 3 Bedroom Apartments | $2,167 | $799 | $6,477 |
| Downtown Indianapolis 4 Bedroom Apartments | $1,442 | $600 | $5,672 |
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Frequently Asked Questions about Cheap Downtown Indianapolis Apartments
What is a cheap apartment in Downtown Indianapolis?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Indianapolis is under $891.
What is the price of a cheap apartment in Downtown Indianapolis?
The cheapest apartment in Downtown Indianapolis is 1733 N. Meridian which is listed at $780, while the average apartment in Downtown Indianapolis costs $14,049.
What types of apartments are the cheapest in Downtown Indianapolis?
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 116 regular apartments in Downtown Indianapolis 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 Downtown Indianapolis?
Cheap apartments in Downtown Indianapolis have an average cost of $274 which is $13,775 cheaper than the average rent for all rentals in Downtown Indianapolis.
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
Written by: Wendy Melton
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
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.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.