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$675 - $925Studio to 1 Bedroom Apartments Available Now
Dunbar Court
1022 Dr Martin Luther King StIndianapolis, IN 46202
Cheap Apartments for Rent in the Ransom Place Neighborhood of Indianapolis, IN from $500 (75 Rentals)
Search the lowest-cost Apartments available for rent right now in the Ransom Place area of Indianapolis.
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$705 - $985Studio to 2 Bedroom Apartments Available Now
INDY FLATS
1304 N Delaware StIndianapolis, IN 46202
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$765 - $849Studio to 1 Bedroom Apartments Available Now
St. Agnes Apartments
1350 N Meridian StIndianapolis, IN 46202
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$780 - $1,0571 Bedroom Apartments Available Now
1733 N. Meridian
1733 N Meridian StIndianapolis, IN 46202
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$799 - $899Studio Apartments Available Now
Priscilla on Pennsylvania
1309 N Pennsylvania StIndianapolis, IN 46202
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$800 - $1,105Studio to 2 Bedroom Apartments Available Now
The Washington
1401 N Pennsylvania StIndianapolis, IN 46202
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$8462 Bedroom Apartments Available Now
The Davlan
430 Massachusetts AveIndianapolis, IN 46204
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$960 - $3,315
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$960 - $3,315
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$960 - $3,315
9 On Canal
335 W 9th StIndianapolis, IN 46202
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$975 - $2,090Studio to 2 Bedroom Apartments Available Now
Circle City
1321 N Meridian StIndianapolis, IN 46202
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$9901 Bedroom Apartments Available Sep 4
Devonshire Apartments
412 N Alabama StIndianapolis, IN 46204
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$994 - $1,5361 to 2 Bedroom Apartments Available Now
Lockefield Gardens
737 Lockefield LnIndianapolis, IN 46202
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$1,099 - $2,539Studio to 2 Bedroom Apartments Available Now
Canal Square
359 N West StIndianapolis, IN 46202
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$1,100 - $1,1252 Bedroom Apartments Available Jul 17
Drake Street Garden Homes
512-568 Drake StIndianapolis, IN 46202
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$1,116 - $3,329Studio to 3 Bedroom Apartments Available Now
Riley Towers
650 N Alabama StIndianapolis, IN 46204
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$1,164 - $1,7191 to 2 Bedroom Apartments Available Now
Stadium Lofts & Flats
1501 W 16th StIndianapolis, IN 46202
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$1,1792 Bedroom Apartments Available Now
1661 N Talbott St, Unit 1
1661 N Talbott StIndianapolis, IN 46202
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$1,195 - $2,557Studio to 2 Bedroom Apartments Available Now
Vanguard at 16 Tech
1410 Breedlove LnIndianapolis, IN 46202
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$1,199 - $2,2911 Bedroom Apartments Available Jul 1
333 Penn Apartments
333 N Pennsylvania StIndianapolis, IN 46204
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$1,216 - $3,283
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$1,216 - $3,283
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Ralston Apartments
1201 Indiana AveIndianapolis, IN 46202
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$1,262 - $2,4981 to 2 Bedroom Apartments Available Now
Penn Street Tower Apartments
115 N Pennsylvania StIndianapolis, IN 46204
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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$1,289 - $1,849Studio to 2 Bedroom Apartments Available Now
Wesley Place
75 W 18th StIndianapolis, IN 46202
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$1,299 - $2,114Studio to 2 Bedroom Apartments Available Now
The Stella
1827 N Meridian StIndianapolis, IN 46202
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$1,308 - $2,4001 to 3 Bedroom Apartments Available Now
Nine+Eighteen
918 Fort Wayne AveIndianapolis, IN 46202
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$1,309 - $1,7881 to 2 Bedroom Apartments Available Jul 12
Gardens of Canal Court
434 Canal Court South DrIndianapolis, IN 46202
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$1,310 - $2,235Studio to 2 Bedroom Apartments Available Now
The Continental Towers at Vermont Place
410 N Meridian StIndianapolis, IN 46204
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$1,346 - $4,214Studio to 2 Bedroom Apartments Available Now
Axis
401 N Senate AveIndianapolis, IN 46204
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$1,360 - $2,2851 to 3 Bedroom Apartments Available Now
Temple Lofts
1225 Dr Martin Luther King Jr StIndianapolis, IN 46202
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$1,442 - $2,590Studio to 2 Bedroom Apartments Available Jun 19
Ardmore Apartments
231 N Pennslvania StIndianapolis, IN 46204
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$1,488 - $3,061Studio to 2 Bedroom Apartments Available Jun 19
Cosmopolitan on the Canal
310 W Michigan StIndianapolis, IN 46202
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$1,490 - $5,283Studio to 2 Bedroom Apartments Available Jul 8
Pulliam Square
152 E New York StIndianapolis, IN 46204
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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$1,4952 Bedroom Apartments Available Jul 17
St. Joseph Flats
126 E St. Joseph StIndianapolis, IN 46202
1834 Gent Ave
IndianapolisIN46202
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$1,540 - $2,391Studio to 2 Bedroom Apartments Available Now
Canal Overlook Apartments
430 N Indiana AveIndianapolis, IN 46202
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Studio to 2 Bedroom Apartments
INDY INDIE ARTIST COLONY
26 E 14th StIndianapolis, IN 46202
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Studio to 1 Bedroom Apartments
The Jordan
1445 N Delaware StIndianapolis, IN 46202
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1 Bedroom Apartments
Barbee
1215 N Pennsylvania StIndianapolis, IN 46202
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Studio to 1 Bedroom Apartments
Windsor
1235 N Delaware 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
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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Studio to 2 Bedroom Apartments
Traymore Apartments
1402 N Alabama StIndianapolis, IN 46202
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Studio to 2 Bedroom Apartments
The Rotherwood Apartments
1503 N Pennsylvania StIndianapolis, IN 46202
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1 Bedroom Apartments
Capitol Manor
842 N Capitol AveIndianapolis, IN 46204
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Studio Apartments
The Victoria Apartments
1244 N Illinois 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
The Whitaker
1504 N Pennsylvania StIndianapolis, IN 46202
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1 to 2 Bedroom Apartments
Canal Gardens
1249 Dr Martin Luther King Jr StIndianapolis, 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
Senate Manor
545-551 N Senate AveIndianapolis, IN 46204
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1 Bedroom Apartments
The Seminole
920 N Alabama StIndianapolis, IN 46202
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Ransom Place, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Ransom Place?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ransom Place Studio Apartments | $1,212 | $675 | $3,287 |
| Ransom Place 1 Bedroom Apartments | $1,619 | $780 | $4,071 |
| Ransom Place 2 Bedroom Apartments | $2,119 | $846 | $6,430 |
| Ransom Place 3 Bedroom Apartments | $2,966 | $2,285 | $6,595 |
| Ransom Place 4 Bedroom Apartments | $1,789 | $979 | $5,792 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 75 rentals with your search options within a 1 mile radius of the Ransom Place Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Ransom Place, Indianapolis, IN Local Guide
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Cheapest Available Ransom Place Apartments for Rent
The cheapest available apartment rental in the Ransom Place area of Indianapolis, IN is a Studio unit found at Dunbar Court priced from $675. INDY FLATS has the second lowest priced unit, which is a Studio apartment currently listed from $705. Here are the most affordable Ransom Place apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Dunbar Court | Studio | Studio,1BA | $675 |
| INDY FLATS | Sherwood Std D | Studio,1BA | $705 |
| 1733 N. Meridian | 1BR | 1BR,1BA | $780 |
| Priscilla on Pennsylvania | Studio- 1st Floor Corner | Studio,1BA | $799 |
| St. Agnes Apartments | One Bedroom Standard - Basement* | 1BR,1BA | $800 |
| The Washington | Studio | Studio,1BA | $800 |
| The Davlan | 2-1 | 2BR,1BA | $846 |
| Canal Gardens | 2.1 40% | 2BR,1BA | $891 |
| Senate Manor | 1.1 B | 1BR,1BA | $910 |
| 9 On Canal | Studio - Stockholm | Studio,1BA | $960 |
Best Value Apartments for Rent in Ransom Place, IN
As of June 18, 2026 the best value apartment in the Ransom Place area is the $1.26 price per square foot 1 Bedroom 1 Bath Model at The Block in the in the Riley neighborhood starting from $1,829. The second greatest value Ransom Place apartment is the 2.2 A4 Model at Harding Street Lofts starting at $1,685 with a $1.74 price per square foot in the Bos neighborhood. Here is today’s list of the best values for Ransom Place apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Block | 1 Bedroom 1 Bath | 1BR,1BA | $1.26 |
| Harding Street Lofts | 2.2 A4 | 2BR,2BA | $1.74 |
| Canal Gardens | 2.1 40% | 2BR,1BA | $0.93 |
| The Davlan | 2-1 | 2BR,1BA | $0.95 |
| The Avenue | 2x2 | 2BR,2BA | $1.16 |
| Van Dyke | Van Dyke 1B 830 | 1BR,1BA | $1.55 |
| Wyndham on Delaware | The Oxford | 1BR,1BA | $1.75 |
| 1733 N. Meridian | 1BR | 1BR,1BA | $1.04 |
| The McKay | McKay 1B 650 | 1BR,1BA | $1.71 |
| St. Agnes Apartments | One Bedroom Standard - Basement* | 1BR,1BA | $1.60 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Pet Friendly LifestyleRansom Place, Indianapolis, IN
Ranked #20
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals in cities and towns across the United States, including Indianapolis. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and easy access to the parks, pet-friendly features, apartment complexes for the kids, proximity to transit, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Ransom Place Apartments
What is a cheap apartment in Ransom Place?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Ransom Place is under $960.
What is the price of a cheap apartment in Ransom Place?
The cheapest apartment in Ransom Place is 1733 N. Meridian which is listed at $780, while the average apartment in Ransom Place costs $2,574.
What types of apartments are the cheapest in Ransom Place?
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 72 regular apartments in Ransom Place that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
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.