
2 Bedroom Apartments for Rent in the The Canal Neighborhood of Indianapolis, IN (52 Rentals)


The Block

Gathyr

Rise on Meridian

Vivio on Tenth

Pinnex

Lockerbie Lofts

220 Meridian

Stadium Lofts & Flats

Mozzo apartments
Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

Cole Motor

The Grounds

Wesmont

Riverview

Assembly

Van Rooy Downtown Leasing

Ardmore Apartments

CityWay

Total Monthly Price
9 On Canal

Cosmopolitan on the Canal
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

Canal Square

Stella

Wesley Place

Artistry Indy

The Riverside Apartment Homes

Vanguard at 16 Tech

River West Flats

Applegate Flats

The Row

Leo
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.

Nine+Eighteen

360 Market Square

The Avenue

Penn Street Tower Apartments

Pulliam Square

Axis

Riley Towers

Madison Lofts

Total Monthly Price
Ralston Apartments

The Assumption on Blaine
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!

Union Square

Circa Apartments

Lockefield Gardens

Canal Overlook Apartments

Gardens of Canal Court

Harding Street Lofts

632MLK

Total Monthly Price
844 Camp St, Unit SI ID1303755P

Total Monthly Price
844 Camp St, Unit SI ID1303760P

Eleven Park Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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 | $1,447 | $556 | $3,761 |
| The Canal 1 Bedroom Apartments | $1,610 | $596 | $3,711 |
The Canal 2 Bedroom Apartments | $2,149 | $716 | $10,000+ |
| The Canal 3 Bedroom Apartments | $2,982 | $1,950 | $8,628 |
| The Canal 4 Bedroom Apartments | $1,948 | $600 | $3,699 |
Browse Apartments in this Neighborhood
There are currently 52 rentals with your search options within a 2 mile radius of the The Canal Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
The Canal, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Largest Available The Canal 2 Bedroom Apartments
The largest available 2 Bedroom apartment unit in the The Canal area of Indianapolis, IN is found at Axis and is listed at 1,829 square feet priced from $3,394. Here is today’s list of the largest available 2 Bedroom units in the area:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Axis | B2-1L | 1,829 Sq Ft | $3,394 |
| Pulliam Square | Star Townhome | 1,754 Sq Ft | $2,725 |
| The Assumption on Blaine | 2 Bed 2 1/2 Bath | 1,610 Sq Ft | $1,550 |
| 220 Meridian | B2c | 1,572 Sq Ft | $3,384 |
| CityWay | Peterson | 1,425 Sq Ft | $2,726 |
| Assembly | MKT-Socket | 1,400 Sq Ft | $1,999 |
| Gardens of Canal Court | Two Bedroom Two Bath (1,311 Square Feet) | 1,311 Sq Ft | $1,748 |
| 360 Market Square | 2-B WEST P | 1,276 Sq Ft | $10,730 |
| Vanguard at 16 Tech | B3a | 1,273 Sq Ft | $2,557 |
| The Block | 2 Bedroom 2 Bath | 986 Sq Ft | $1,858 |
Cheapest Available The Canal 2 Bedroom Apartments
Currently the lowest priced 2 Bedroom apartment unit The Canal of Indianapolis, IN is the 2x1 Townhome Classic Model starting from $1,089 at The Riverside Apartment Homes. The average price for all 2 Bedroom apartments in The Canal is currently $2,149. Here is today’s list of the cheapest available 2 Bedroom options in the area:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| The Riverside Apartment Homes | 2x1 Townhome Classic | $1,089 |
| River West Flats | Two Bedroom One Bath - The Hudson | $1,199 |
| The Assumption on Blaine | 2 Bed 2 Bath | $1,395 |
| Canal Square | B1 Delaware Upgrade | $1,419 |
| Lockefield Gardens | Two Bedroom Townhome (TR19) | $1,422 |
| Harding Street Lofts | 2.1 F | $1,444 |
| Penn Street Tower Apartments | Maryland: Floors 13-15 | $1,499 |
| 9 On Canal | 2BR/2BA - Bridgewater | $1,518 |
| Ralston Apartments | Iris | $1,523 |
| Assembly | MKT-Rivet | $1,549 |
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
Read ArticleReal 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.
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 LifestyleThe Canal, 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 2 Bedroom The Canal Apartments
What is the Cheapest apartment in The Canal with 2 Bedroom?
Currently the most affordable 2 Bedroom in The Canal is at The Riverside Apartment Homes listed at $1,089.
How much is the average rent for a 2 Bedroom The Canal Apartment?
The average rent for a 2 Bedroom Apartment in The Canal is $2,149.
What is the largest available 2 Bedroom The Canal Apartment for rent?
Today's apartment with the most square footage in The Canal is a 1,829 square feet unit starting from $3,394 at Axis.
What is the average size for The Canal 2 Bedroom Apartments for rent?
The average size for a 2 Bedroom rental in The Canal is currently 1,097 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

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

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.

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.

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.
Articles, How-To's, and Tips

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.