
Cheap Apartments for Rent in the Ransom Place Neighborhood of Indianapolis, IN from $500 (76 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the Ransom Place area of Indianapolis.


1839 Talbott St

Indy Downtown Colonial Apartments

Raleigh

PENN ARTS

Van Dyke
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Madison Apartments

Spink

The McKay

Illinois Street Senior Apartments

Blacherne Apartments

The 101
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.

1228 W 18th St

230 E 9th St

The Pennsylvania

312 E 13th St

Apollo & Aurora Apartments

Wyndham on Delaware
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.

230 E 9th St, Unit 304, Unit 304

450 N Massachusetts Ave

55 S Harding St

The Congress at Library Square

Turnverein Apartments

Indiana Flats and Townhomes
Ransom Place - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

St. Joseph Flats

Kennedy Apartments
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 | $1,210 | $655 | $3,331 |
| Ransom Place 1 Bedroom Apartments | $1,569 | $780 | $4,071 |
| Ransom Place 2 Bedroom Apartments | $2,148 | $846 | $6,669 |
| Ransom Place 3 Bedroom Apartments | $2,687 | $1,900 | $5,115 |
| Ransom Place 4 Bedroom Apartments | $1,458 | $979 | $5,470 |
Browse Apartments in this Neighborhood
There are currently 76 rentals with your search options within a 1 mile radius of the Ransom Place Neighborhood of Indianapolis, IN.
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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.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.