Cheap Apartments for Rent in the Downtown Indianapolis Neighborhood of Indianapolis, IN from $504 (175 Rentals) Page 4 of 4

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Indianapolis is under $930.

The cheapest apartment in Downtown Indianapolis is 1515-1517 E Michigan Street which is listed at $750, while the average apartment in Downtown Indianapolis costs $1,499.

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 87 regular apartments in Downtown Indianapolis that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

Cheap apartments in Downtown Indianapolis have an average cost of $203 which is $1,296 cheaper than the average rent for all rentals in Downtown Indianapolis.