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1 to 3 Bedroom Apartments
550 Fletcher Ave
550 Fletcher AveIndianapolis, IN 46203
Cheap Apartments for Rent in the Downtown Indianapolis Neighborhood of Indianapolis, IN from $400 (176 Rentals) Page 3 of 4
Search the lowest-cost Apartments available for rent right now in the Downtown Indianapolis area of Indianapolis.
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1 Bedroom Apartments
Capitol Manor
842 N Capitol AveIndianapolis, IN 46204
336 Prospect St
IndianapolisIN46225
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1 to 3 Bedroom Apartments
Central State Mansion
202 Steeples BlvdIndianapolis, IN 46222
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Studio Apartments
The Victoria Apartments
1244 N Illinois StIndianapolis, IN 46202
471 N State Ave
IndianapolisIN46201
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1 to 2 Bedroom Apartments
The Whitaker
1504 N Pennsylvania StIndianapolis, IN 46202
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1 Bedroom Apartments
Indy Christian Place Apartments LLC
824 N Alabama StIndianapolis, IN 46204
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1 to 2 Bedroom Apartments
Canal Gardens
1249 Dr Martin Luther King Jr StIndianapolis, IN 46202
2248 N Harding St
IndianapolisIN46208
906 Laurel St
IndianapolisIN46203
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1 to 2 Bedroom Apartments
Monon Lofts
1122 E 16th StIndianapolis, IN 46202
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Studio to 1 Bedroom Apartments
Senate Manor
545-551 N Senate AveIndianapolis, IN 46204
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1 to 2 Bedroom Apartments
Chelsea Manor
1451 Central AveIndianapolis, IN 46202
590 Woodruff Pl W Dr
IndianapolisIN46201
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1 Bedroom Apartments
Mayleeno
416 E Vermont PlIndianapolis, IN 46202
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1 Bedroom Apartments
Trail Side
865-893 Massachusetts AveIndianapolis, IN 46204
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1 Bedroom Apartments
The Seminole
920 N Alabama StIndianapolis, IN 46202
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Studio to 2 Bedroom Apartments
Gathyr Apartments
1117 E Market StIndianapolis, IN 46202
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Studio to 2 Bedroom Apartments
St. James
2102 N Meridian StIndianapolis, IN 46202
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2 Bedroom Apartments
Campus Townhomes
531 Ransom StIndianapolis, IN 46202
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1 Bedroom Apartments
919 Broadway St
919 Broadway StIndianapolis, IN 46202
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Studio to 3 Bedroom Apartments
Stonegate Apartments
1220-1226 N Illinois StIndianapolis, IN 46202
1839 Talbott St
IndianapolisIN46202
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1 to 2 Bedroom Apartments
Indy Downtown Colonial Apartments
402-406 N Delaware StIndianapolis, IN 46204
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2 Bedroom Apartments
Broadway Heights
1927 Broadway StIndianapolis, IN 46202
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Studio to 2 Bedroom Apartments
Raleigh
108 E 13th StIndianapolis, IN 46202
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1 to 2 Bedroom Apartments
PENN ARTS
111 E 16th StIndianapolis, IN 46202
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Studio to 2 Bedroom Apartments
Van Dyke
1229 N Pennsylvania StIndianapolis, IN 46202
2701 W 17th St
IndianapolisIN46222
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Studio to 2 Bedroom Apartments
The Maryden
1308 Central AveIndianapolis, IN 46202
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1 to 2 Bedroom Apartments
Madison Apartments
226 E 12th StIndianapolis, IN 46202
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Studio to 1 Bedroom Apartments
Spink
1433 N Pennsylvania StIndianapolis, IN 46202
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Studio to 2 Bedroom Apartments
Grid
520 E Washington StIndianapolis, IN 46204
2124 Broadway St
IndianapolisIN46202
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Studio to 1 Bedroom Apartments
The McKay
611 N Pennsylvania StIndianapolis, IN 46204
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Studio to 2 Bedroom Apartments
Morton School Senior Apartments
2101 N College AveIndianapolis, IN 46202
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1 to 2 Bedroom Apartments
The Richelieu
610 N East StIndianapolis, IN 46202
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Studio to 2 Bedroom Apartments
Illinois Street Senior Apartments
1352 N Illinois StIndianapolis, IN 46202
86 N Holmes Ave
IndianapolisIN46222
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1 to 3 Bedroom Apartments
Ohio Street TownHomes
1052 E Ohio StIndianapolis, IN 46202
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1 to 3 Bedroom Apartments
The Steeples on Washington
2910 Steeples DrIndianapolis, IN 46222
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Studio to 3 Bedroom Apartments
Blacherne Apartments
402 N Meridian StIndianapolis, IN 46204
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1 to 2 Bedroom Apartments
The Retreat On Washington
2950 Kirkbride WayIndianapolis, IN 46222
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Studio to 2 Bedroom Apartments
The Congress at Library Square
923 N Meridian StIndianapolis, IN 46204
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1 to 2 Bedroom Apartments
The 101
1001 N Delaware StIndianapolis, IN 46202
1228 W 18th St
IndianapolisIN46202
55 S Harding St
IndianapolisIN46222
3531 Garden Ave
IndianapolisIN46222
230 E 9th St
IndianapolisIN46204
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 |
Browse Apartments in this Neighborhood
There are currently 176 rentals with your search options within a 2 mile radius of the Downtown Indianapolis Neighborhood of Indianapolis, IN.
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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.