802 N Meridian St
IndianapolisIN46204
Cheap 1 Bedroom Apartments for Rent in the Downtown Indianapolis Neighborhood of Indianapolis, IN from $544 (132 Rentals) Page 2 of 3
close
View Me
Rent Specials
$1,349 - $2,0991 Bedroom Apartments Available Now
Wesmont
1515 Lewis StIndianapolis, IN 46202
close
View Me
$1,3491 Bedroom Apartments Available Now
Mozzo apartments
531 Virginia AveIndianapolis, IN 46203
close
View Me
Rent Specials
$1,350 - $2,7291 Bedroom Apartments Available Now
Edge 35
1224 Prospect StIndianapolis, IN 46203
close
View Me
$1,3501 Bedroom Apartments Available Now
The Delaware Apartments
2205 N Delaware StIndianapolis, IN 46205
close
View Me
$1,359 - $1,9291 Bedroom Apartments Available Now
The Block
50 N Illinois StIndianapolis, IN 46204
close
View Me
Rent Specials
$1,360 - $1,3701 Bedroom Apartments Available Now
Temple Lofts
1225 Dr Martin Luther King Jr StIndianapolis, IN 46202
close
View Me
$1,3751 Bedroom Apartments Available Aug 14
Colmar Apartments
1620 Central AveIndianapolis, IN 46202
close
View Me
Rent Specials
$1,384 - $2,7471 Bedroom Apartments Available Now
Pinnex
931 Fletcher AveIndianapolis, IN 46203
close
View Me
$1,387 - $1,7821 Bedroom Apartments Available Now
Lockerbie Lofts
640 E Michigan StIndianapolis, IN 46202
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.
close
View Me
$1,3951 Bedroom Apartments Available Now
638 Woodruff Pl W Dr, Unit Apt 3
638 Woodruff Pl W DrIndianapolis, IN 46201
close
View Me
$1,400
Total Monthly Price
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,400
Total Monthly Price
$1,400
539 Fletcher Ave
539 Fletcher AveIndianapolis, IN 46203
close
View Me
$1,405 - $1,8901 Bedroom Apartments Available Now
Vanguard at 16 Tech
1410 Breedlove LnIndianapolis, IN 46202
close
View Me
$1,410 - $3,5861 Bedroom Apartments Available Now
CityWay
229 S Delaware StIndianapolis, IN 46204
close
View Me
$1,470 - $2,1501 Bedroom Apartments Available Now
Circa Apartments
617 N CollegeIndianapolis, IN 46204
close
View Me
Rent Specials
$1,490 - $1,5401 Bedroom Apartments Available Now
Forte Apartments
1140 Shelby StIndianapolis, IN 46203
close
View Me
Rent Specials
$1,499 - $1,6791 Bedroom Apartments Available Now
Gathyr Apartments
1117 E Market StIndianapolis, IN 46202
close
View Me
Rent Specials
$1,499 - $1,6491 Bedroom Apartments Available Now
The Stella
1827 N Meridian StIndianapolis, IN 46202
close
View Me
1 Bedroom Apartments
Koehne Commons Apartments
315 Koehne StIndianapolis, IN 46222
1755 W Morris St
IndianapolisIN46221
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.
close
View Me
1 Bedroom Apartments
INDY INDIE ARTIST COLONY
26 E 14th StIndianapolis, IN 46202
close
View Me
1 Bedroom Apartments
Barbee
1215 N Pennsylvania StIndianapolis, IN 46202
336 Prospect St
IndianapolisIN46225
close
View Me
1 Bedroom Apartments
The Marleigh
1434-1448 N Delaware StIndianapolis, IN 46202
close
View Me
1 Bedroom Apartments
Windsor
1235 N Delaware StIndianapolis, IN 46202
close
View Me
1 Bedroom Apartments
The Jordan
1445 N Delaware StIndianapolis, IN 46202
close
View Me
1 Bedroom Apartments
The Harrison
1320 N Delaware StIndianapolis, IN 46202
close
View Me
1 Bedroom Apartments
Senate Manor Apartments
548 N Senate AveIndianapolis, IN 46204
close
View Me
1 Bedroom Apartments
550 Fletcher Ave
550 Fletcher AveIndianapolis, IN 46203
close
View Me
1 Bedroom Apartments
Capitol Manor
842 N Capitol AveIndianapolis, IN 46204
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.
close
View Me
1 Bedroom Apartments
PICCADILLY
28 E 16th StIndianapolis, IN 46202
close
View Me
1 Bedroom Apartments
Central State Mansion
202 Steeples BlvdIndianapolis, IN 46222
1035 N Centennial St
IndianapolisIN46222
1031 N Centennial St
IndianapolisIN46222
1026 Laurel St
IndianapolisIN46203
close
View Me
1 Bedroom Apartments
The Whitaker
1504 N Pennsylvania StIndianapolis, IN 46202
1165 N Concord St
IndianapolisIN46222
close
View Me
1 Bedroom Apartments
Utomin Apartments
1112 N College AveIndianapolis, IN 46202
close
View Me
1 Bedroom Apartments
Monon Lofts
1122 E 16th StIndianapolis, IN 46202
close
View Me
1 Bedroom Apartments
Chelsea Manor
1451 Central AveIndianapolis, IN 46202
Downtown Indianapolis - 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!
590 Woodruff Pl W Dr
IndianapolisIN46201
close
View Me
1 Bedroom Apartments
Mayleeno
416 E Vermont PlIndianapolis, IN 46202
close
View Me
1 Bedroom Apartments
The Seminole
920 N Alabama StIndianapolis, IN 46202
close
View Me
1 Bedroom Apartments
St. James
2102 N Meridian StIndianapolis, IN 46202
close
View Me
1 Bedroom Apartments
919 Broadway St
919 Broadway StIndianapolis, IN 46202
close
View Me
1 Bedroom Apartments
Stonegate Apartments
1220-1226 N Illinois StIndianapolis, IN 46202
close
View Me
1 Bedroom Apartments
The Rotherwood Apartments
1503 N Pennsylvania StIndianapolis, IN 46202
close
View Me
1 Bedroom Apartments
Madison Apartments
226 E 12th StIndianapolis, IN 46202
close
View Me
1 Bedroom Apartments
PENN ARTS
111 E 16th StIndianapolis, IN 46202
2029 N College Ave
IndianapolisIN46202
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 | $1,234 | $200 | $3,495 |
Downtown Indianapolis 1 Bedroom Apartments | $1,551 | $544 | $4,071 |
| Downtown Indianapolis 2 Bedroom Apartments | $2,037 | $650 | $5,130 |
| Downtown Indianapolis 3 Bedroom Apartments | $2,638 | $799 | $7,290 |
| Downtown Indianapolis 4 Bedroom Apartments | $1,289 | $600 | $5,787 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Explore Indianapolis
Let everyone know!
Do you know the Downtown Indianapolis area?
If you’re an expert on all things Downtown Indianapolis, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 $900.
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 $14,589.
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 164 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 $339 which is $14,250 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
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.
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.
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.