Cheap Apartments for Rent in the St Joseph Neighborhood of Indianapolis, IN from $500 (107 Rentals)

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

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9 On Canal
Rent Specials
$960 - $3,315
Total Monthly Price

Total Monthly Price

Base Rent
$960 - $3,315
Total Monthly Price
$960 - $3,315
Studio to 3 Bedroom Apartments Available Now

9 On Canal

335 W 9th StIndianapolis, IN 46202
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour

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property at 615 N East St

$1,305 - $1,890

Total Monthly Price

Total Monthly Price

Base Rent
$1,311
Total Monthly Price
$1,311

1 To 2 Bedroom Rentals

Available Aug 2

615 N East St

IndianapolisIN46202

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Bon Air Residence
$1,750 - $2,250
Total Monthly Price

Total Monthly Price

Base Rent
$1,750 - $2,250
Total Monthly Price
$1,750 - $2,250
1 Bedroom Apartments Available Now

Bon Air Residence

21-23 W 16th StIndianapolis, IN 46202
Furnished
  • Verified
  • Utilities Included

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St Joseph, Indianapolis, IN Local Guide

Cheapest Available St Joseph Apartments for Rent

 

The cheapest available apartment rental in the St Joseph 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 St Joseph apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Dunbar CourtStudioStudio,1BA$675
INDY FLATSSherwood Std DStudio,1BA$705
1733 N. Meridian1BR1BR,1BA$780
Priscilla on PennsylvaniaStudio- 1st Floor CornerStudio,1BA$799
St. Agnes ApartmentsOne Bedroom Standard - Basement*1BR,1BA$800
The WashingtonStudioStudio,1BA$800
The Davlan2-12BR,1BA$846
Canal Gardens2.1 40%2BR,1BA$891
Senate Manor1.1 B1BR,1BA$910
Artistry IndyEdie (EcoSuite)Studio,1BA$962

Best Value Apartments for Rent in St Joseph, IN

As of June 17, 2026 the best value apartment in the St Joseph 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 St Joseph apartment is the Chicago Model at Maxwell Apartments starting at $1,788 with a $1.38 price per square foot in the Riley neighborhood. Here is today’s list of the best values for St Joseph apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Block1 Bedroom 1 Bath1BR,1BA$1.26
Maxwell ApartmentsChicago2BR,2BA$1.38
Canal Gardens2.1 40%2BR,1BA$0.93
Line LoftsThe Inspiraton 50%2BR,1BA$1.09
The Davlan2-12BR,1BA$0.95
800 CapitolThe Forte (LIHTC)2BR,1BA$1.36
Van DykeVan Dyke 1B 8301BR,1BA$1.55
1733 N. Meridian1BR1BR,1BA$1.04
College Manor1 BR1BR,1BA$1.49
St. Agnes ApartmentsOne Bedroom Standard - Basement*1BR,1BA$1.60

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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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Pet Friendly Lifestyle
St Joseph, Indianapolis, IN

Ranked #8

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 our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including St Joseph, Indianapolis, and the greater Indianapolis area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, pet-friendly features, apartment complexes for the kids, proximity to transit, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap St Joseph Apartments

What is a cheap apartment in St Joseph?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in St Joseph is under $962.

What is the price of a cheap apartment in St Joseph?

The cheapest apartment in St Joseph is 1733 N. Meridian which is listed at $780, while the average apartment in St Joseph costs $4,842.

What types of apartments are the cheapest in St Joseph?

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 63 regular apartments in St Joseph 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.

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