Cheap Apartments for Rent in the Downtown Indianapolis Neighborhood of Indianapolis, IN from $400 (139 Rentals) Page 2 of 3

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Search the lowest-cost Apartments available for rent right now in the Downtown Indianapolis area of Indianapolis.

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Stadium Lofts & Flats
$1,185 - $1,719
Total Monthly Price

Total Monthly Price

Base Rent
$1,118 - $1,652
Required Monthly Fees
$67
Total Monthly Price
$1,185 - $1,719
1 to 2 Bedroom Apartments Available Now

Stadium Lofts & Flats

1501 W 16th StIndianapolis, IN 46202
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2131 North
$1,215 - $1,585
Total Monthly Price

Total Monthly Price

Base Rent
$1,215 - $1,585
Total Monthly Price
$1,215 - $1,585
1 to 2 Bedroom Apartments Available Now

2131 North

2131 N Meridian StIndianapolis, IN 46202
Pet Friendly
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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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Industry Indianapolis
$1,341 - $3,835
Total Monthly Price

Total Monthly Price

Base Rent
$1,226 - $3,720
Required Monthly Fees
$115
Total Monthly Price
$1,341 - $3,835
Studio to 2 Bedroom Apartments Available Now

Industry Indianapolis

421 N Pennsylvania StIndianapolis, IN 46204
Transit Friendly
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CityWay
$1,365 - $6,252
Total Monthly Price

Total Monthly Price

Base Rent
$1,315 - $6,202
Required Monthly Fees
$50
Total Monthly Price
$1,365 - $6,252
1 to 3 Bedroom Apartments Available Now

CityWay

229 S Delaware StIndianapolis, IN 46204
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16 Park Apartments
1 to 4 Bedroom Apartments

16 Park Apartments

1621 N Park AveIndianapolis, IN 46202
  • Utilities Included
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Northside Flats Apartments
Studio to 2 Bedroom Apartments

Northside Flats Apartments

1503 N Pennsylvania StIndianapolis, IN 46202
  • Utilities Included
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The Jordan
Studio to 1 Bedroom Apartments

The Jordan

1445 N Delaware StIndianapolis, IN 46202
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Windsor
Studio to 1 Bedroom Apartments

Windsor

1235 N Delaware StIndianapolis, IN 46202
  • Utilities Included
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Barbee
1 Bedroom Apartments

Barbee

1215 N Pennsylvania StIndianapolis, IN 46202
  • Utilities Included
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PICCADILLY
Studio to 3 Bedroom Apartments

PICCADILLY

28 E 16th StIndianapolis, IN 46202
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The Harrison
Studio to 1 Bedroom Apartments

The Harrison

1320 N Delaware StIndianapolis, IN 46202
  • Utilities Included
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The Marleigh
Studio to 1 Bedroom Apartments

The Marleigh

1434-1448 N Delaware StIndianapolis, IN 46202
  • Utilities Included
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1733 N. Meridian
1 Bedroom Apartments

1733 N. Meridian

1733 N Meridian StIndianapolis, IN 46202
  • Utilities Included
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550 Fletcher Ave
1 to 3 Bedroom Apartments

550 Fletcher Ave

550 Fletcher AveIndianapolis, IN 46203
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Capitol Manor
1 Bedroom Apartments

Capitol Manor

842 N Capitol AveIndianapolis, IN 46204
  • Utilities Included
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Central State Mansion
1 to 3 Bedroom Apartments

Central State Mansion

202 Steeples BlvdIndianapolis, IN 46222
Student Housing
  • Utilities Included
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Victoria Apartments
Studio Apartments

Victoria Apartments

1244 N Illinois StIndianapolis, IN 46202
  • Utilities Included
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Canal Gardens
1 to 2 Bedroom Apartments

Canal Gardens

1249 Dr Martin Luther King Jr StIndianapolis, IN 46202
  • Utilities Included
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Monon Lofts
1 to 2 Bedroom Apartments

Monon Lofts

1122 E 16th StIndianapolis, IN 46202
  • Utilities Included
Showing Results 51-100, Page 2 of 3

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 INDY FLATS listed at $655.

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

The lowest price for a Cheap One Bedroom Downtown Indianapolis Apartment is $800 at Maple Creek Village.

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 $891 at Canal Gardens.

What is the most affordable Downtown Indianapolis Three Bedroom Apartment?

The best deal on a cheap Downtown Indianapolis Three Bedroom Apartment rental is at El Dorado Apartments and starts from $999.

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.

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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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.