
1 Bedroom Apartments for Rent in the The Canal Neighborhood of Indianapolis, IN (57 Rentals)


The Block

Industry Indianapolis

Vivio on Tenth

The Stella

Wesmont

Riverview

The Assembly

Ardmore Apartments

The E'Laan
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

Lockerbie Lofts

Artistry Indy

220 Meridian

Hinge Apartments

Stadium Lofts & Flats

CityWay

Slate Apartments

9 On Canal

Circa Apartments

Cosmopolitan on the Canal
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.

Canal Square

Madison Lofts

The Grounds

Gathyr Apartments

Wesley Place

River West Flats

The Riverside Apartment Homes

Vanguard at 16 Tech

The Leo

Nine+Eighteen
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.

360 Market Square

946 MLK

Ralston Apartments

The Avenue

Penn Street Tower Apartments

Pulliam Square

Riley Towers

Axis

Union Square

522 Fletcher Ave
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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Christamore Court Rehab LP

Edge 35

The Assumption on Blaine

Volrath

Canal Overlook Apartments

Lockefield Gardens

Gardens of Canal Court

Senate Manor

632MLK

Dunbar Court
The Canal - 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!
The Canal, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in The Canal?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| The Canal Studio Apartments | $1,333 | $660 | $2,860 |
The Canal 1 Bedroom Apartments | $1,544 | $649 | $4,379 |
| The Canal 2 Bedroom Apartments | $2,092 | $900 | $5,444 |
| The Canal 3 Bedroom Apartments | $2,773 | $1,971 | $10,000+ |
| The Canal 4 Bedroom Apartments | $1,013 | $600 | $4,242 |
Browse Apartments in this Neighborhood
There are currently 57 rentals with your search options within a 2 mile radius of the The Canal Neighborhood of Indianapolis, IN.
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Largest Available The Canal 1 Bedroom Apartments
The largest available 1 Bedroom apartment unit in the The Canal area of Indianapolis, IN is found at Axis and is listed at 1,056 square feet priced from $1,484. Here is today’s list of the largest available 2 Bedroom units in the area:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Axis | Revolution | 1,056 Sq Ft | $1,484 |
| CityWay | Carmine | 1,051 Sq Ft | $1,633 |
| Vanguard at 16 Tech | A6 | 982 Sq Ft | $1,890 |
| Pulliam Square | Globe | 972 Sq Ft | $1,729 |
| Nine+Eighteen | The Delaware | 930 Sq Ft | $1,382 |
| Canal Overlook Apartments | Indy Flat | 909 Sq Ft | $1,574 |
| The Stella | Sirius | 907 Sq Ft | $1,649 |
| Union Square | The Hammet | 896 Sq Ft | $1,695 |
| 360 Market Square | 1A | 890 Sq Ft | $2,010 |
| The Block | 1 Bedroom 1 Bath | 657 Sq Ft | $1,399 |
Cheapest Available The Canal 1 Bedroom Apartments
Currently the lowest priced 1 Bedroom apartment unit The Canal of Indianapolis, IN is the **Free Month of Rent ** 128 E Palmer St - Studio Model starting from $649 at Volrath. The average price for all 1 Bedroom apartments in The Canal is currently $1,544. Here is today’s list of the cheapest available 1 Bedroom options in the area:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Volrath | **Free Month of Rent ** 128 E Palmer St - Studio | $649 |
| The Riverside Apartment Homes | 1x1 Classic | $799 |
| Madison Lofts | The Flat 1x1 | $899 |
| The Assumption on Blaine | 1 Bed 1 Bath | $900 |
| Lockefield Gardens | Standard One Bedroom (SR3) | $991 |
| Senate Manor | 1.1 D | $1,005 |
| 522 Fletcher Ave | 1BR/1.5BA | $1,025 |
| Artistry Indy | Pop | $1,029 |
| River West Flats | One Bedroom One Bath - The Anderson | $1,099 |
| The Assembly | Cylinder | $1,129 |
Frequently Asked Questions about 1 Bedroom The Canal Apartments
What is the Cheapest apartment in The Canal with 1 Bedroom?
Currently the most affordable 1 Bedroom in The Canal is at Volrath listed at $649.
How much is the average rent for a 1 Bedroom The Canal Apartment?
The average rent for a 1 Bedroom Apartment in The Canal is $1,544.
What is the largest available 1 Bedroom The Canal Apartment for rent?
Today's apartment with the most square footage in The Canal is a 1,056 square feet unit starting from $1,484 at Axis.
What is the average size for The Canal 1 Bedroom Apartments for rent?
The average size for a 1 Bedroom rental in The Canal is currently 754 sq ft.
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.
Articles, How-To's, and Tips

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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
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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.