
Cheap Homes for Rent in Indianapolis, IN from $300 (338 Rentals) Page 2 of 7
Search the lowest-cost Homes available for rent right now in Indianapolis.


6226 East 21st St

2006 N Drexel Ave

1322 Norton Ave

1230 N Belmont Ave

2036 Southeastern Ave

3 E Washington St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

2805 Boulevard Pl

1948 Shelby St

2163 Admiral Dr

2801 E 16th St

70 S Oxford St

528 E Raymond St

419 N Beville Ave

1432 N Colorado Ave

615 N Oxford St

8 N Butler Ave

37 West St Clair Street

970 Edgemont Ave

972 Edgemont Ave
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.

336 Prospect St

1414 W 32nd St

1329 E Market St

5918 Devington Rd

2320 E Brookside Ave

2060 N Delaware St

3736 N Meridian St

2025 N Oxford St

33 N Bradley Ave

6068 E 16th St
Check Out Indianapolis’s Best Affordable Neighborhoods
Learn about Indianapolis and the best places to live with original content written by our Local Expert Wendy Melton

6056 E 16th St

6064 E 16th St

6062 E 16th St

1320 N Alton Ave

543 W 29th St

906 Laurel St

1413 E Washington St

3072 Brookside Pkwy N Dr

3938 Aurora St

925 Dequincy St

4720 Munter Ln

16148 Lavina Ln

1434 N Campbell Ave

1428 N Campbell Ave

1442 N Campbell Ave

2826 S Pennsylvania St

628 Wooddale Terrace

146 E 19th St

4111 Stonecrest Ct

1223 N Oxford St
Indianapolis, IN Local Guide

How much does it cost to rent a home in Indianapolis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Indianapolis 2 Bedroom Homes for Rent | $1,483 | $745 | $4,000 |
Indianapolis 3 Bedroom Homes for Rent | $1,876 | $900 | $4,500 |
Indianapolis 4 Bedroom Homes for Rent | $2,295 | $1,199 | $5,800 |
Indianapolis 5 Bedroom Homes for Rent | $3,068 | $1,700 | $10,000+ |
Indianapolis 6 Bedroom Homes for Rent | $3,332 | $2,200 | $6,000 |
Browse Top Homes for Rent in Indianapolis
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Indianapolis, IN Area Reviews
Wendy • 3+ years in Indianapolis
August 10, 2025One of Indiana's most beautiful cities!
Frequently Asked Questions about Indianapolis
What type of rentals are currently available in Indianapolis?
There are currently 1676 Apartments for Rent in Indianapolis, IN with pricing that ranges from $515 to $11,134. There are also 1849 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indianapolis ranging from $330 to $10,000.
What is the current price range for Rental Homes in Indianapolis?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Indianapolis ranges from $330 to $10,000 with an average monthly rent of $1,868.
How much are larger Three and Four Bedroom Rentals in Indianapolis?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Indianapolis range from $801 to $11,134, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,199 and Four Bedroom Apartments start at $550.
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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.