Cheap Apartments for Rent in the St Joseph Neighborhood of Indianapolis, IN from $300 (74 Rentals)

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

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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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.

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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.

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Rent Specials
from $1,2501 Bedroom Apartments Available Now

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1040 N Delaware StIndianapolis, IN 46202
Pet Friendly
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16 Park Apartments
1 to 4 Bedroom Apartments

16 Park Apartments

1621 N Park AveIndianapolis, IN 46202
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Rotherwood
Studio to 2 Bedroom Apartments

Rotherwood

1503 N Pennsylvania StIndianapolis, IN 46202
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Indy Flats
Studio to 1 Bedroom Apartments

Indy Flats

1304 N Delaware StIndianapolis, IN 46202
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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.

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Windsor
Studio to 1 Bedroom Apartments

Windsor

1235 N Delaware StIndianapolis, IN 46202
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The Jordan
Studio to 1 Bedroom Apartments

The Jordan

1445 N Delaware StIndianapolis, IN 46202
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Barbee
1 Bedroom Apartments

Barbee

1215 N Pennsylvania StIndianapolis, IN 46202
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The Harrison
Studio to 1 Bedroom Apartments

The Harrison

1320 N Delaware StIndianapolis, IN 46202
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PICCADILLY
Studio to 1 Bedroom Apartments

PICCADILLY

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

The Marleigh

1434-1448 N Delaware StIndianapolis, IN 46202
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1733 N. Meridian
1 Bedroom Apartments

1733 N. Meridian

1733 N Meridian StIndianapolis, IN 46202
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Capitol Manor
1 Bedroom Apartments

Capitol Manor

842 N Capitol AveIndianapolis, IN 46204
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Victoria Apartments
Studio Apartments

Victoria Apartments

1244 N Illinois StIndianapolis, IN 46202
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Mayleeno
1 Bedroom Apartments

Mayleeno

416 E Vermont PlIndianapolis, IN 46202
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St Joseph - 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!

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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 1 Bed unit found at The Seminole priced from $833. The Whitaker has the second lowest priced unit, which is a 1 Bed apartment currently listed from $845. Here are the most affordable St Joseph apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Seminole1br1BR,1BA$833
The WhitakerOne Bedroom1BR,1BA$845
The WashingtonOne Bedroom - Sublevel1BR,1BA$850
Indy Colonial Apartments1 Bed, 1 bath1BR,1BA$1,000
Senate Manor1.1 Ap1BR,1BA$1,005
Artistry IndyJacquelineStudio,1BA$1,032
College Manor1 BR1BR,1BA$1,050
SpinkSpink 1B 7051BR,1BA$1,075
Circle City ApartmentsSpink 1B 7051BR,1BA$1,075
800 CapitolImprint 60%1BR,1BA$1,092

Best Value Apartments for Rent in St Joseph, IN

As of June 19, 2025 the best value apartment in the St Joseph area is the $1.08 price per square foot loft Model at Shoemaker Building in the in the Riley neighborhood starting from $1,950. The second greatest value St Joseph apartment is the 1 Bedroom 1 Bath Model at The Block starting at $1,549 with a $1.06 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.
Shoemaker Buildingloft2BR,2BA$1.08
The Block1 Bedroom 1 Bath1BR,1BA$1.06
1003 Broadway St, Unit 1003 Broadway St apt 21003 Broadway St2BR,2BA$1.25
707 NorthThe Lockerbie 60%2BR,2BA$1.41
Monon LoftsRoadster2BR,2BA$1.53
RaleighRaleigh 1BTH 8861BR,2BA$1.42
Van DykeVan Dyke 1BTH 8821BR,1BA$1.34
The Seminole1br1BR,1BA$1.13
The WashingtonOne Bedroom - Sublevel1BR,1BA$1.42
The WhitakerOne Bedroom1BR,1BA$1.41

Quick Rent Budget Calculator

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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 Lifestyle
St Joseph, Indianapolis, IN

Ranked #5

Among neighborhoods in Indianapolis, IN 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!

Getting Around the St Joseph Neighborhood in Indianapolis, IN

Walk Score®

91 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

96 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

57 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap St Joseph Apartments

What is the Cheapest Studio apartment in St Joseph?

Currently the most affordable Cheap Studio Apartment in St Joseph is at Artistry Indy listed at $1,032.

How much is rent for a Cheap One Bedroom St Joseph Apartment?

The lowest price for a Cheap One Bedroom St Joseph Apartment is $833 at The Seminole.

What is the lowest price for a Cheap Two Bedroom St Joseph Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in St Joseph is starting from $1,180 at Line Lofts.

What is the most affordable St Joseph Three Bedroom Apartment?

The best deal on a cheap St Joseph Three Bedroom Apartment rental is at 9 on Canal and starts from $3,365.

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.

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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.