close
View Me
$1,8002 Bedroom Apartments Available Now
Applegate Flats
1842 Applegate StIndianapolis, IN 46203
Cheap Apartments for Rent in the The Canal Neighborhood of Indianapolis, IN from $556 (58 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the The Canal area of Indianapolis.
close
View Me
Studio to 1 Bedroom Apartments
Senate Manor
545-551 N Senate AveIndianapolis, IN 46204
close
View Me
1 to 3 Bedroom Apartments
946 MLK
946 Dr Martin Luther King Jr StIndianapolis, IN 46202
55 S Harding St
IndianapolisIN46222
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
close
View Me
2 Bedroom Apartments
Indiana Flats and Townhomes
735 W 11th StIndianapolis, IN 46202
close
View Me
1 to 2 Bedroom Apartments
Kennedy Apartments
806 Dr Martin Luther King Jr StIndianapolis, IN 46202
close
View Me
3 Bedroom Apartments
928-934 Martin Luther King Jr St
928-934 Martin Luther King Jr StIndianapolis, IN 46202
942 Fayette St
IndianapolisIN46202
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
Showing Results 51-58, Page 2 of 2
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 58 rentals with your search options within a 2 mile radius of the The Canal Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Let everyone know!
Do you know the The Canal area?
If you’re an expert on all things The Canal, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Frequently Asked Questions about Cheap The Canal Apartments
What is a cheap apartment in The Canal?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in The Canal is under $1,100.
What is the price of a cheap apartment in The Canal?
The cheapest apartment in The Canal is Madison Lofts which is listed at $965, while the average apartment in The Canal costs $1,590.
What types of apartments are the cheapest in The Canal?
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 38 regular apartments in The Canal 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 The Canal?
Cheap apartments in The Canal have an average cost of $203 which is $1,387 cheaper than the average rent for all rentals in The Canal.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
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.