
Cheap Apartments for Rent in the The Canal Neighborhood of Indianapolis, IN from $600 (57 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the The Canal area of Indianapolis.


Harding Street Lofts

Indiana Flats and Townhomes
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Kennedy Apartments

928-934 Martin Luther King Jr St

946 MLK
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820 N California St
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 | $1,473 | $675 | $3,693 |
| The Canal 1 Bedroom Apartments | $1,704 | $809 | $4,532 |
| The Canal 2 Bedroom Apartments | $2,104 | $799 | $6,430 |
| The Canal 3 Bedroom Apartments | $2,745 | $1,049 | $6,595 |
| The Canal 4 Bedroom Apartments | $1,020 | $600 | $2,974 |
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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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 $1,195.
What is the price of a cheap apartment in The Canal?
The cheapest apartment in The Canal is New Bridge which is listed at $809, while the average apartment in The Canal costs $2,400.
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 68 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 $320 which is $2,080 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

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Articles, How-To's, and Tips

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