Cheap Apartments for Rent in the Ransom Place Neighborhood of Indianapolis, IN from $500 (76 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Ransom Place area of Indianapolis.

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9 On Canal
Rent Specials
$910 - $3,315
Total Monthly Price

Total Monthly Price

Base Rent
$910 - $3,315
Total Monthly Price
$910 - $3,315
Studio to 3 Bedroom Apartments Available Now

9 On Canal

335 W 9th StIndianapolis, IN 46202
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property at 55 S Harding St

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350
Total Monthly Price
$1,350

1 Bedroom, 1 Bath Condo for Rent

Available Jun 22

55 S Harding St, Unit 210, Unit 210

55 S Harding St
IndianapolisIN46222

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The Jordan
Studio to 1 Bedroom Apartments

The Jordan

1445 N Delaware StIndianapolis, IN 46202
  • Utilities Included
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Barbee
1 Bedroom Apartments

Barbee

1215 N Pennsylvania StIndianapolis, IN 46202
  • Utilities Included
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Windsor
Studio to 1 Bedroom Apartments

Windsor

1235 N Delaware StIndianapolis, IN 46202
  • Utilities Included
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PICCADILLY
Studio to 3 Bedroom Apartments

PICCADILLY

28 E 16th StIndianapolis, IN 46202
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The Harrison
Studio to 1 Bedroom Apartments

The Harrison

1320 N Delaware StIndianapolis, IN 46202
  • Utilities Included
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The Marleigh
Studio to 1 Bedroom Apartments

The Marleigh

1434-1448 N Delaware StIndianapolis, IN 46202
  • Utilities Included

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Traymore Apartments
Studio to 2 Bedroom Apartments

Traymore Apartments

1402 N Alabama StIndianapolis, IN 46202
  • Utilities Included
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Capitol Manor
1 Bedroom Apartments

Capitol Manor

842 N Capitol AveIndianapolis, IN 46204
  • Utilities Included
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Victoria Apartments
Studio Apartments

Victoria Apartments

1244 N Illinois StIndianapolis, IN 46202
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The Whitaker
1 to 2 Bedroom Apartments

The Whitaker

1504 N Pennsylvania StIndianapolis, IN 46202
  • Utilities Included
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Canal Gardens
1 to 2 Bedroom Apartments

Canal Gardens

1249 Dr Martin Luther King Jr StIndianapolis, IN 46202
  • Utilities Included
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Senate Manor
Studio to 1 Bedroom Apartments

Senate Manor

545-551 N Senate AveIndianapolis, IN 46204
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The Seminole
1 Bedroom Apartments

The Seminole

920 N Alabama StIndianapolis, IN 46202
  • Utilities Included
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Campus Townhomes
2 Bedroom Apartments

Campus Townhomes

531 Ransom StIndianapolis, IN 46202

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Showing Results 1-50, Page 1 of 2

Ransom Place, Indianapolis, IN Local Guide

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 INDY FLATS priced from $655. Dunbar Court has the second lowest priced unit, which is a Studio apartment currently listed from $665. Here are the most affordable Ransom Place apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
INDY FLATSSherwood Std DStudio,1BA$655
Dunbar CourtStudioStudio,1BA$665
1733 N. Meridian1BR1BR,1BA$780
Priscilla on PennsylvaniaStudio- 1st Floor CornerStudio,1BA$799
The WashingtonStudioStudio,1BA$800
The Davlan2-12BR,1BA$846
Indy Christian Place Apartments LLC1 Bedroom 1 Bath - 411381BR,1BA$875
Canal Gardens2.1 40%2BR,1BA$891
9 On CanalStudio - StockholmStudio,1BA$910
Indy Downtown Colonial Apartments1 Bedroom 1 Bath - 469701BR,1BA$975

Best Value Apartments for Rent in Ransom Place, IN

As of May 03, 2026 the best value apartment in the Ransom Place area is the $0.97 price per square foot loft Model at Shoemaker Building in the in the Riley neighborhood starting from $1,750. The second greatest value Ransom Place apartment is the 3 Bedroom 2 Bath Model at The Block starting at $2,639 with a $1.49 price per square foot in the Riley neighborhood. Here is today’s list of the best values for Ransom Place apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Shoemaker Buildingloft2BR,2BA$0.97
The Block3 Bedroom 2 Bath3BR,2BA$1.49
Canal Gardens2.1 40%2BR,1BA$0.93
The Davlan2-12BR,1BA$0.95
Drake Street Garden HomesTwo Bedroom2BR,1BA$1.30
Van DykeVan Dyke 1B 8301BR,1BA$1.55
Penn Street Tower ApartmentsWabash: Floors 10-121BR,1BA$1.59
Apollo & Aurora ApartmentsAlabama1BR,1BA$1.75
1733 N. Meridian1BR1BR,1BA$1.04
The McKayMcKay 1B 6501BR,1BA$1.72

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Pet Friendly Lifestyle
Ransom Place, Indianapolis, IN

Ranked #24

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $975.

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 $2,130.

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 76 regular apartments in Ransom Place 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 Ransom Place?

Cheap apartments in Ransom Place have an average cost of $400 which is $1,730 cheaper than the average rent for all rentals in Ransom Place.

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.

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