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Cheap 2 Bedroom Apartments for Rent in the Downtown Indianapolis Neighborhood of Indianapolis, IN from $483 (27 Rentals)
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from $6002 Bedroom Apartments Available Now
Vivio on Tenth
1717 W 10th StIndianapolis, IN 46222
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from $5852 Bedroom Apartments Contact Us For Availability
The Sheldrake Apartments
2258 N Meridian StIndianapolis, IN 46208
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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from $9752 Bedroom Apartments Available Jul 15
Utomin Apartments
1112 N College AveIndianapolis, IN 46202
1134 Blaine Ave
IndianapolisIN46221
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from $8592 Bedroom Apartments Available Jul 1
El Dorado
3621 Lawnview LnIndianapolis, IN 46222
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from $1,1002 Bedroom Apartments Available Aug 14
Drake Street Garden Homes
512-568 Drake StIndianapolis, IN 46202
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from $1,1952 Bedroom Apartments Available Soon
Temple Lofts
1225 Dr Martin Luther King Jr StIndianapolis, IN 46202
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from $1,1242 Bedroom Apartments Available Jun 21
River West Flats
1150 N White River Pkwy West DrIndianapolis, IN 46222
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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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from $9892 Bedroom Apartments Available Now
Lockefield Gardens
737 Lockefield LnIndianapolis, IN 46202
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from $1,3002 Bedroom Apartment Available Jul 1
424 N Walcott St, Unit B
424 N Walcott StIndianapolis, IN 46201
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from $8002 Bedroom Apartments Contact Us For Availability
Maple Creek Village
3800 W Michigan StIndianapolis, IN 46222
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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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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!
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Showing Results 1-27, Page 1 of 1
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 | $1,328 | $370 | $3,260 |
| Downtown Indianapolis 1 Bedroom Apartments | $1,568 | $398 | $4,475 |
Downtown Indianapolis 2 Bedroom Apartments | $2,117 | $483 | $9,027 |
| Downtown Indianapolis 3 Bedroom Apartments | $2,776 | $1,200 | $9,585 |
| Downtown Indianapolis 4 Bedroom Apartments | $1,088 | $600 | $4,590 |
Explore Indianapolis
Downtown Indianapolis, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
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Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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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 $960.
What is the price of a cheap apartment in Downtown Indianapolis?
The cheapest apartment in Downtown Indianapolis is The Stella which is listed at $483, while the average apartment in Downtown Indianapolis costs $2,287.
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 63 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 $355 which is $1,932 cheaper than the average rent for all rentals in Downtown Indianapolis.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.