Cheap Apartments for Rent in the St Joseph Neighborhood of Indianapolis, IN from $544 (116 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
$1,163 - $3,568

Total Monthly Price

Base Rent$1,163 - $3,568
Total Monthly Price$1,163 - $3,568
Studio to 3 Bedroom Apartments Available Now

9 On Canal

335 W 9th StIndianapolis, 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 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 $675. 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$675
The WashingtonStudioStudio,1BA$765
St. RegisThe Carlyle1BR,1BA$774
1733 N. Meridian1BR1BR,1BA$780
Priscilla on PennsylvaniaStudio- 1st Floor CornerStudio,1BA$799
The Davlan2-12BR,1BA$846
St. Agnes ApartmentsOne Bedroom Deluxe 3rd-4th*1BR,1BA$875
Utomin Apartments1 Bedroom Sublevel1BR,1BA$900
Senate ManorS.1 AStudio,1BA$926

Best Value Apartments for Rent in St Joseph, IN

As of September 15, 2026 the best value apartment in the St Joseph area is the $1.19 price per square foot 3 Bedroom 2.5 Bath Model at The Block in the in the Riley neighborhood starting from $2,099. The second greatest value St Joseph apartment is the Star Townhome Model at Pulliam Square starting at $2,654 with a $1.51 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 Block3 Bedroom 2.5 Bath3BR,2.5BA$1.19
Pulliam SquareStar Townhome2BR,2BA$1.51
946 MLKB33BR,2BA$1.14
1621 Broadway St, Unit Holy Life MBC apartments1621 Broadway St2BR,1BA$1.44
The Davlan2-12BR,1BA$0.95
Gardens of Canal CourtOne Bedroom One Bath (875 Square Feet)1BR,1BA$1.53
Drake Street Garden HomesTwo Bedroom2BR,1BA$1.33
1733 N. Meridian1BR1BR,1BA$1.04
St. Agnes ApartmentsOne Bedroom Deluxe 3rd-4th*1BR,1BA$1.17
College Manor1 BR1BR,1BA$1.49

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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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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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

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Real 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 Lifestyle
St Joseph, Indianapolis, IN

Ranked #10

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 $926.

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

The cheapest apartment in St Joseph is St. Regis which is listed at $774, while the average apartment in St Joseph costs $1,499.

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 94 regular apartments in St Joseph 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 St Joseph?

Cheap apartments in St Joseph have an average cost of $198 which is $1,301 cheaper than the average rent for all rentals in St Joseph.

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

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