close
View Me
from $1,257Studio to 3 Bedroom Apartments Available Now
Circa Apartments
617 N CollegeIndianapolis, IN 46204
Cheap Apartments for Rent in the Downtown Indianapolis Neighborhood of Indianapolis, IN from $500 (134 Rentals) Page 2 of 3
Search the lowest-cost Apartments available for rent right now in the Downtown Indianapolis area of Indianapolis.
1801 N Broadway St
IndianapolisIN46202
close
View Me
Rent Specials
from $1,285Studio to 2 Bedroom Apartments Available Now
The Leo
748 Bates StIndianapolis, IN 46202
close
View Me
Rent Specials
from $1,289Studio to 2 Bedroom Apartments Available Now
Wesmont
1515 Lewis StIndianapolis, IN 46202
close
View Me
from $1,2891 Bedroom Apartments Available Sep 10
333 Penn Apartments
333 N Pennsylvania StIndianapolis, IN 46204
close
View Me
from $1,2991 Bedroom Apartments Contact Us For Availability
Penn Street Tower Apartments
115 N Pennsylvania StIndianapolis, IN 46204
close
View Me
from $1,299Studio to 1 Bedroom Apartments Available Now
Mozzo apartments
531 Virginia AveIndianapolis, IN 46203
close
View Me
from $1,2992 Bedroom Apartment Available Now
1631 Columbia Ave, Unit B
1631 Columbia AveIndianapolis, IN 46202
close
View Me
from $1,321Studio to 2 Bedroom Apartments Available Now
Industry Indianapolis
421 N Pennsylvania StIndianapolis, IN 46204
close
View Me
from $1,3271 to 2 Bedroom Apartments Available Now
Nine+Eighteen
918 Fort Wayne AveIndianapolis, IN 46202
close
View Me
from $1,330Studio to 2 Bedroom Apartments Available Aug 12
The E'Laan
515 E Market StIndianapolis, IN 46204
close
View Me
from $1,3331 to 2 Bedroom Apartments Available Now
Five Twenty Virginia
520 Virginia AveIndianapolis, IN 46203
close
View Me
from $1,3501 Bedroom Apartments Available Now
Garden Arch Apartments
726-728 N East StIndianapolis, IN 46202
close
View Me
Rent Specials
from $1,375Studio to 3 Bedroom Apartments Available Now
CityWay
229 S Delaware StIndianapolis, IN 46204
close
View Me
from $1,390Studio to 2 Bedroom Apartments Available Aug 23
Slate Apartments
501 Virginia AveIndianapolis, IN 46203
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Rent Specials
from $1,399Studio to 3 Bedroom Apartments Available Now
The Grounds
2136 Central AveIndianapolis, IN 46202
close
View Me
from $1,418Studio to 2 Bedroom Apartments Available Jul 19
Cosmopolitan on the Canal
310 W Michigan StIndianapolis, IN 46202
close
View Me
from $1,432Studio to 2 Bedroom Apartments Available Now
Lockerbie Lofts
640 E Michigan StIndianapolis, IN 46202
close
View Me
Rent Specials
from $1,439Studio to 2 Bedroom Apartments Available Now
Canal Overlook Apartments
430 N Indiana AveIndianapolis, IN 46202
close
View Me
from $1,442Studio to 2 Bedroom Apartments Available Now
Ardmore Apartments
231 N Pennslvania StIndianapolis, IN 46204
close
View Me
from $1,4501 to 3 Bedroom Apartments Contact Us For Availability
The Assembly
1301 E Washington StIndianapolis, IN 46202
close
View Me
from $1,453Studio to 2 Bedroom Apartments Available Now
Pulliam Square
152 E New York StIndianapolis, IN 46204
close
View Me
close
View Me
from $1,4851 to 2 Bedroom Apartments Available Now
Kennedy Apartments
806 Dr Martin Luther King Jr StIndianapolis, IN 46202
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
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 | $1,345 | $595 | $2,949 |
| Downtown Indianapolis 1 Bedroom Apartments | $1,613 | $750 | $4,795 |
| Downtown Indianapolis 2 Bedroom Apartments | $2,141 | $800 | $8,119 |
| Downtown Indianapolis 3 Bedroom Apartments | $3,177 | $1,131 | $9,114 |
| Downtown Indianapolis 4 Bedroom Apartments | $1,082 | $550 | $3,496 |
Browse Apartments in this Neighborhood
There are currently 134 rentals with your search options within a 2 mile radius of the Downtown Indianapolis Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore 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 $1,067.
What is the price of a cheap apartment in Downtown Indianapolis?
The cheapest apartment in Downtown Indianapolis is The Washington which is listed at $850, while the average apartment in Downtown Indianapolis costs $2,640.
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 64 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 $230 which is $2,410 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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
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.