
Cheap Homes for Rent in St Joseph Neighborhood of Indianapolis, IN from $500 (21 Rentals)
Search the lowest-cost Homes available for rent right now in the St Joseph area of Indianapolis.


140 E 19th St

146 E 19th St

146 E 19th St

37 West St Clair Street

410 E 16th St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

125 E 17th St

1230 E Ohio St

1644 Dr Andrew J Brown Ave

1717 N Talbott St

1950 Carrollton Ave
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.

230 E 9th St

412 E 16th St

1643 Columbia Ave

1413 Marlowe Ave

1624 Yandes St

946 Doctor M.L.K. Jr St

913 Massachusetts Ave
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
St Joseph, Indianapolis, IN Local Guide

How much does it cost to rent a home in St Joseph?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| St Joseph 2 Bedroom Homes for Rent | $1,938 | $824 | $3,800 |
| St Joseph 3 Bedroom Homes for Rent | $2,509 | $1,175 | $3,750 |
| St Joseph 4 Bedroom Homes for Rent | $1,545 | $1,095 | $1,995 |
Browse Homes for Rent in this Neighborhood
There are currently 21 rentals with your search options within a 1 mile radius of the St Joseph Neighborhood of Indianapolis, IN.
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St Joseph, Indianapolis, IN Local Guide
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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 INDY FLATS priced from $705. St. Agnes Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $785. Here are the most affordable St Joseph apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| INDY FLATS | Sherwood Std D | Studio,1BA | $705 |
| St. Agnes Apartments | 5th Floor Studio Large | Studio,1BA | $785 |
| Canal Gardens | 2.1 40% | 2BR,1BA | $891 |
| Priscilla on Pennsylvania | Studio- 1st Floor Corner | Studio,1BA | $899 |
| Senate Manor | S.1 C | Studio,1BA | $930 |
Best Value Apartments for Rent in St Joseph, IN
As of December 19, 2025 the best value apartment in the St Joseph area is the $1.39 price per square foot 3 Bedroom 2 Bath Model at The Block in the in the Riley neighborhood starting from $2,459. The second greatest value St Joseph apartment is the B1 Model at 946 MLK starting at $1,800 with a $1.19 price per square foot in the Near North Indianapolis neighborhood. Here is today’s list of the best values for St Joseph apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Block | 3 Bedroom 2 Bath | 3BR,2BA | $1.39 |
| 946 MLK | B1 | 3BR,2BA | $1.19 |
| Shoemaker Building | flat | 2BR,2BA | $1.45 |
| The Davlan | 2br 2 ba | 2BR,2BA | $1.34 |
| Gardens of Canal Court | One Bedroom One Bath (992 Square Feet) | 1BR,1BA | $1.37 |
| Indy Colonial Apartments | 311 | 1BR,1BA | $1.05 |
| Canal Gardens | 2.1 40% | 2BR,1BA | $0.93 |
| Pavillion | Two Bedrooms, One Bathroom | 2BR,1BA | $1.41 |
| Trail Side | A | 1BR,1BA | $1.12 |
| The Washington | 2 Bedroom | 2BR,1BA | $1.47 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleYour 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
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestyleSt Joseph, Indianapolis, IN
Ranked #5
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about St Joseph
What type of rentals are currently available in St Joseph?
There are currently 224 Apartments for Rent in St Joseph, IN with pricing that ranges from $563 to $9,476. There are also 112 Single Family Homes for rent, Condos, and Townhome rentals currently available in St Joseph ranging from $599 to $3,800.
What is the current price range for Rental Homes in St Joseph?
Today's rental pricing for Homes for Rent, Condos and Townhomes in St Joseph ranges from $599 to $3,800 with an average monthly rent of $1,663.
How much are larger Three and Four Bedroom Rentals in St Joseph?
For those who are looking for larger living arrangements, Three Bedroom Apartments in St Joseph range from $1,800 to $9,355, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,175 to $3,750. Four Bedroom Single-Family rentals are also available starting from $1,095 and Four Bedroom Apartments start at $3,044.
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.
Articles, How-To's, and Tips

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!


