
Apartments for Rent with Specials in the The Canal Neighborhood of Indianapolis, IN (20 Rentals)
Apartments in the The Canal area of Indianapolis with special offers and discounts available right now - opportunities to save money or get a month or more of free rent.


The Stella

Wesmont

Artistry Indy

CityWay
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.

Gathyr Apartments

River West Flats

Madison Lofts

The Grounds

Wesley Place

The Avenue
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.

Ralston Apartments

The Leo

Union Square

Edge 35

Lofts on Madison

Riverview
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Wyndham on Delaware

Canal Overlook Apartments

The Continental Towers at Vermont Place
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 | $1,372 | $650 | $2,950 |
The Canal 1 Bedroom Apartments | $1,636 | $830 | $4,845 |
The Canal 2 Bedroom Apartments | $2,216 | $800 | $8,343 |
The Canal 3 Bedroom Apartments | $3,492 | $1,995 | $9,114 |
The Canal 4 Bedroom Apartments | $804 | $550 | $3,496 |
Browse Apartments in this Neighborhood
There are currently 20 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
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Top Indianapolis Apartments in the The Canal Area with Move-In Specials Ending Soon
Specials updated: 07-21-2025Take advantage of these move-in and rent specials that are ending soon for top The Canal, IN apartments. Act fast and don’t miss out on an incredible deal on your perfect new place!
Vivio on Tenth
Hot Deal Alert: New lower pricing just dropped! Reserve your spot today for just $2!Expires 07-22-2025
Union Square
Season for Savings! 1 month free rent on a 13-15 month lease. Must move in by June 30, 2025 *Restrictions Apply*Expires 07-22-2025
The Leo
Season for Savings! 1 month free rent on a 13-15 month lease. Must move in by June 30, 2025 *Restrictions Apply*Expires 07-22-2025
Artistry Indy
One month Free when you sign a new 13+ month lease before 7/31!Expires 07-22-2025
Canal Overlook Apartments
Your Lifestyle, Your Home – Canal Views & a $500 Welcome Gift to Settle In by the Canal.Expires 07-22-2025
Riverview
Receive a credit of up to $500 when you move in during July on a 12-month lease or longer!Expires 07-22-2025
Edge 35
Summer specials! Contact us today to learn more about our pricing specials! We Made The List! Nolan Living was recognized by J Turner Research as one of the Division IV ORA Power Rankings Top 25 Management Companies with the best online reputation in 2024!Expires 07-22-2025
River West Flats
Utility Special - Flat fee $197.00 includes Gas/Electric/Water/Sewer/Trash/Pest Control Look and Lease Promotion - Sign a lease within 24 hours of touring and the Admin fee ($199.00) will be waivedExpires 07-22-2025
Madison Lofts
NEW LOWERED RATES on select homes! Apply today and SAVE!Expires 07-22-2025
Wesley Place
SUMMER SAVINGS! ONE MONTH FREE on Studio, 1-Bedroom, & 2-Bedroom Apartments! *Certain restrictions may apply. Subject to change without notice. Call today for details.Expires 07-22-2025
Newly Listed Move-In Specials offers for Apartments in The Canal, IN
Specials updated: 07-21-2025Here are the most recently added special offers for renters looking to find the best deals on apartments in The Canal, IN. Be sure to take advantage of some of the area’s top offers.
The Avenue
Waived App & Admin FeesExpires 11-13-2025
The Continental Towers at Vermont Place
SHORT TERM LEASES AVAILABLE- only at Continental Towers with discounted rates! Contact leasing office for more information!Expires 07-31-2025
Lofts on Madison
Half off first full months rent is moved in by 7/31!!Expires 07-31-2025
The Stella
One MONTH FREE! Please call for details!Expires 09-05-2025
CityWay
Receive up to $1,000 off select apartments! *Restrictions apply. Contact our team for full details.Expires 07-22-2025
Madison Lofts
NEW LOWERED RATES on select homes! Apply today and SAVE!Expires 07-22-2025
Wesley Place
SUMMER SAVINGS! ONE MONTH FREE on Studio, 1-Bedroom, & 2-Bedroom Apartments! *Certain restrictions may apply. Subject to change without notice. Call today for details.Expires 07-22-2025
Gathyr Apartments
$500 FREE Rent when you move in by 8/15/25 (valid on 13+ month leases)Expires 07-22-2025
The Grounds
Move into a one bedroom home before September to receive up to TWO MONTHS FREE! Call for more details.Expires 07-22-2025
Ralston Apartments
Use code RALSTON to waive $100 in application fees! Plus, sign and move in to a 1 or 2-bedroom unit by July 31st and get 2 WEEKS FREEExpires 07-22-2025
Quick 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.
Getting Around the The Canal Neighborhood in Indianapolis, IN
Walk Score®
78 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
93 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
57 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Rent Specials The Canal Apartments
What is the Cheapest Rent Specials apartment in The Canal?
Currently the most affordable Rent Specials Apartment in The Canal is at Vivio on Tenth listed at $550.
How much is the average rent for a Rent Specials The Canal Apartment?
The average rent for a Rent Specials Apartment in The Canal is $1,985.
What is the largest Rent Specials The Canal Apartment for rent?
Today's Rent Specials apartment with the most square footage in The Canal is a 2,245 square feet unit starting from $1,340 at CityWay.
What is the average size for The Canal Rent Specials Apartments for rent?
The average size for a Rent Specials rental in The Canal is currently at 476 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.