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Studio to 1 Bedroom Apartments
Windsor
1235 N Delaware StIndianapolis, IN 46202
Cheap Apartments for Rent in the Downtown Indianapolis Neighborhood of Indianapolis, IN from $500 (197 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
Barbee
1215 N Pennsylvania StIndianapolis, IN 46202
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Studio to 3 Bedroom Apartments
PICCADILLY
28 E 16th StIndianapolis, IN 46202
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Studio to 1 Bedroom Apartments
The Harrison
1320 N Delaware StIndianapolis, IN 46202
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Studio to 1 Bedroom Apartments
The Marleigh
1434-1448 N Delaware StIndianapolis, IN 46202
336 Prospect St
IndianapolisIN46225
3014 W 10th St
IndianapolisIN46222
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Studio to 2 Bedroom Apartments
The Rotherwood Apartments
1503 N Pennsylvania StIndianapolis, IN 46202
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1 to 3 Bedroom Apartments
550 Fletcher Ave
550 Fletcher AveIndianapolis, IN 46203
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1 Bedroom Apartments
Capitol Manor
842 N Capitol AveIndianapolis, IN 46204
518 S State Ave
IndianapolisIN46203
410 E 16th St
IndianapolisIN46202
1035 N Centennial St
IndianapolisIN46222
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1 to 3 Bedroom Apartments
Central State Mansion
202 Steeples BlvdIndianapolis, IN 46222
1031 N Centennial St
IndianapolisIN46222
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Studio Apartments
Victoria Apartments
1244 N Illinois StIndianapolis, IN 46202
1026 Laurel St
IndianapolisIN46203
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1 to 2 Bedroom Apartments
The Whitaker
1504 N Pennsylvania StIndianapolis, IN 46202
451 N Warman Ave
IndianapolisIN46222
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1 to 2 Bedroom Apartments
Canal Gardens
1249 Dr Martin Luther King Jr StIndianapolis, IN 46202
1165 N Concord St
IndianapolisIN46222
2248 N Harding St
IndianapolisIN46208
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Studio to 2 Bedroom Apartments
Utomin Apartments
1112 N College AveIndianapolis, IN 46202
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1 to 2 Bedroom Apartments
Monon Lofts
1122 E 16th StIndianapolis, IN 46202
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1 to 2 Bedroom Apartments
Chelsea Manor
1451 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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1 Bedroom Apartments
Mayleeno
416 E Vermont PlIndianapolis, IN 46202
590 Woodruff Pl W Dr
IndianapolisIN46201
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Studio to 1 Bedroom Apartments
Senate Manor
545-551 N Senate AveIndianapolis, IN 46204
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1 Bedroom Apartments
The Seminole
920 N Alabama StIndianapolis, IN 46202
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2 Bedroom Apartments
Campus Townhomes
531 Ransom StIndianapolis, IN 46202
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Studio to 2 Bedroom Apartments
St. James
2102 N Meridian StIndianapolis, IN 46202
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Studio to 3 Bedroom Apartments
Stonegate Apartments
1220-1226 N Illinois StIndianapolis, IN 46202
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1 Bedroom Apartments
919 Broadway St
919 Broadway StIndianapolis, IN 46202
2060 N Delaware St
IndianapolisIN46202
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2 Bedroom Apartments
Broadway Heights
1927 Broadway StIndianapolis, IN 46202
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1 to 3 Bedroom Apartments
Proctor Place
240 N Warman AveIndianapolis, IN 46222
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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
2813 W 10th St
IndianapolisIN46222
2029 N College Ave
IndianapolisIN46202
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Studio to 2 Bedroom Apartments
The Maryden
1308 Central AveIndianapolis, IN 46202
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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
College Manor
1450 N College AveIndianapolis, 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
33 Miley Ave
IndianapolisIN46222
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 | $1,240 | $200 | $3,513 |
| Downtown Indianapolis 1 Bedroom Apartments | $1,551 | $544 | $4,071 |
| Downtown Indianapolis 2 Bedroom Apartments | $2,034 | $650 | $5,158 |
| Downtown Indianapolis 3 Bedroom Apartments | $2,498 | $799 | $7,290 |
| Downtown Indianapolis 4 Bedroom Apartments | $1,215 | $600 | $5,816 |
Browse Apartments in this Neighborhood
There are currently 197 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 $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.