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Rent Specials
$1,524 - $3,079Special Offer
2 Months Free For a limited time, get 2 MONTHS FREE OR DISCOUNTED RENT when you move in by 9/11/26.
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The Block
50 N Illinois StIndianapolis, IN 46204
Apartments for Rent with Specials in the The Canal Neighborhood of Indianapolis, IN (28 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.
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Rent Specials
$1,130 - $1,899Special Offer
Specials FREE Rent Until October 1! Restrictions apply.
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Gathyr
1117 E Market StIndianapolis, IN 46202
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Rent Specials
$556 - $2,561Special Offer
2 Months Free Apply by 8/31 to receive 2 Months Free! Contact our leasing office for more details.
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Rise on Meridian
915 S Meridian StIndianapolis, IN 46225
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Rent Specials
$1,277 - $4,335Special Offer
Specials Get $500 Off Your First Month's Rent! Tour Pinnex and lease within 24 hours of your visit to take advantage of this limited-time of
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Pinnex
931 Fletcher AveIndianapolis, IN 46203
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Rent Specials
$1,349 - $1,839Special Offer
1 Month Free Move in by September 15th and get:
ONE MONTH FREE
$500 Gift Card (when you apply within 24 hours of your tour)
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Mozzo apartments
531 Virginia AveIndianapolis, IN 46203
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Rent Specials
$1,329 - $2,499Special Offer
1 Month Free 1 Month Free Rent + Free Parking until 2027! *Restrictions apply. Contact us for full details.
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Cole Motor
752 E Market StIndianapolis, IN 46202
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Rent Specials
$1,299 - $3,617Special Offer
Specials Enjoy 1 Month Free plus waived app and admin fee if you move in by September 30th.
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The Grounds
2136 Central AveIndianapolis, IN 46202
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.
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Rent Specials
$1,245 - $2,049Special Offer
Discounts Move In By 10/31 Get $1000 Off 2nd Month Rent!
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Wesmont
1515 Lewis StIndianapolis, IN 46202
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Rent Specials
$1,195 - $1,852Special Offer
Specials Apply today and get 1 month free.
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Riverview
460 N White River Pkwy West DrIndianapolis, IN 46222
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Rent Specials
$999 - $2,184Special Offer
Specials 2 months FREE
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Assembly
1301 E Washington StIndianapolis, IN 46202
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Rent Specials
$1,442 - $2,590Special Offer
Specials Major Employer Discount- Application Fee and Admin Fee credit upon approval! $200.00 savings!.
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Ardmore Apartments
231 N Pennslvania StIndianapolis, IN 46204
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Rent Specials
$1,474 - $1,524Special Offer
Specials Schedule your self-guided tour today
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The E'Laan
515 E Market StIndianapolis, IN 46204
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Rent Specials
$1,590Special Offer
Specials Major Employer Discount- Application Fee and Admin Fee credit upon approval!
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Hinge Apartments
719 Virginia AveIndianapolis, IN 46203
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Rent Specials
$1,336 - $5,073Special Offer
Specials $500 Gift Card Special Enjoy a little more from your next move! Apply by August 31 and move in by September 30 to receive a $500 gi
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CityWay
229 S Delaware StIndianapolis, IN 46204
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.
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Rent Specials
$1,640 - $1,690Special Offer
Specials Major Employer Discount- Application Fee and Admin fee credit upon approval!
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Slate Apartments
501 Virginia AveIndianapolis, IN 46203
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Rent Specials
$1,113 - $3,518
Total Monthly Price
Special OfferTotal Monthly Price
Base Rent
$1,113 - $3,518
Total Monthly Price
$1,113 - $3,518
Specials Unlock incredible savings with our NEWLY REDUCED PRICING! -- Tour and apply within 24 hours to receive an exclusive $250 MOVE-IN BO
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9 On Canal
335 W 9th StIndianapolis, IN 46202
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Rent Specials
$1,074 - $2,399Special Offer
Discounts $500 off 1st Month's Rent ; Get $500 off your 1st months rent when you move-in by 9/30 on a 12 month lease on select Units! Waived
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Canal Square
359 N West StIndianapolis, IN 46202
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Rent Specials
$579 - $1,995Special Offer
2 Months Free Apply by 8/31 to receive 2 Months Free! Contact our leasing office for more details.
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Stella
1827 N Meridian StIndianapolis, IN 46202
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Rent Specials
$1,129 - $2,174Special Offer
1 Month Free End of Summer Special! Move in by October 1 and receive One Month FREE Rent PLUS One Month FREE Parking! Apply within 48 hours
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Wesley Place
75 W 18th StIndianapolis, IN 46202
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Rent Specials
$1,034 - $8,628Special Offer
Specials Lease today and receive a gift card valued at one month’s base rent on your selected floor plan. -- *Must sign a 13+ month lease AN
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Artistry Indy
451-475 E Market StIndianapolis, IN 46204
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Rent Specials
$1,039 - $1,209Special Offer
Specials Refunded Application Fee + Waived Admin Fee if apply within 24 hours of tour!
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The Riverside Apartment Homes
2633 Cold Spring Manor DrIndianapolis, IN 46222
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.
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Rent Specials
$959 - $1,324Special Offer
1 Month Free Move in by 9/30/26, get your 2nd full month rent free!
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River West Flats
1150 N White River Pkwy West DrIndianapolis, IN 46222
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Rent Specials
$1,149 - $2,842Special Offer
1 Month Free Move into a one-bedroom bedroom apartment by 9/30/26 with a 12 month or longer lease and receive the first full month's rent fr
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Penn Street Tower Apartments
115 N Pennsylvania StIndianapolis, IN 46204
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Rent Specials
$830 - $1,349Special Offer
Specials Apply before August 31 and receive a waived application fee.
Call our leasing office today for details!
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Madison Lofts
1430 Madison AveIndianapolis, IN 46225
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Rent Specials
$999 - $1,199Special Offer
1 Month Free One Month Free & 6 Months Free Parking
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The Marleigh
1434-1448 N Delaware StIndianapolis, IN 46202
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Rent Specials
$1,159 - $2,895
Total Monthly Price
Special OfferTotal Monthly Price
Base Rent
$1,159 - $2,895
Total Monthly Price
$1,159 - $2,895
Specials Sign a 10-12 month lease & move in by 9/30 to receive 1 month FREE rent. Plus, use code RALSTON to waive $100 in signing fees. Term
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Ralston Apartments
1201 Indiana AveIndianapolis, IN 46202
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Rent Specials
$999Special Offer
1 Month Free One Month Free Rent
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522 Fletcher Ave
522 Fletcher AveIndianapolis, IN 46203
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Rent Specials
$994 - $1,556Special Offer
Specials Don’t miss your chance to call Lockefield home. By joining our priority waitlist today, you skip the stress of last-minute apartmen
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Lockefield Gardens
737 Lockefield LnIndianapolis, IN 46202
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!
Showing Results 1-28, Page 1 of 1
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 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 28 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
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- Local Counties
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Top Indianapolis Apartments in the The Canal Area with Move-In Specials Ending This Month
Specials updated: 08-31-2026Take advantage of these move-in and rent specials that are ending this month for top The Canal, IN apartments. Act fast and don’t miss out on an incredible deal on your perfect new place!
Madison Lofts
Apply before August 31 and receive a waived application fee. Call our leasing office today for details!Expires August 31, 2026
Newly Listed Move-In Specials offers for Apartments in The Canal, IN
Specials updated: 08-31-2026Here 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.
Cole Motor
1 Month Free Rent + Free Parking until 2027! *Restrictions apply. Contact us for full details.
Lockefield Gardens
Don’t miss your chance to call Lockefield home. By joining our priority waitlist today, you skip the stress of last-minute apartment hunting and gain exclusive access to our VIP list for highly sought-after floor plans before they hit the general public. Secure your future peace of mind, lock in your spot in our unique vibrant community, and be the very first in line to move in the moment your perfect apartment opens up.
Canal Square
$500 off 1st Month's Rent ; Get $500 off your 1st months rent when you move-in by 9/30 on a 12 month lease on select Units! Waived Short Term Lease Fees! ; Move-in by 9/30 and get waived short term lease fees for 6-8 month lease terms
9 On Canal
Unlock incredible savings with our NEWLY REDUCED PRICING! -- Tour and apply within 24 hours to receive an exclusive $250 MOVE-IN BONUS! -- Don't miss out on this limited-time offer—your dream space awaits!
Ralston Apartments
Sign a 10-12 month lease & move in by 9/30 to receive 1 month FREE rent. Plus, use code RALSTON to waive $100 in signing fees. Terms and conditions apply.
Artistry Indy
Lease today and receive a gift card valued at one month’s base rent on your selected floor plan. -- *Must sign a 13+ month lease AND Move in by August 31*
The Block
For a limited time, get 2 MONTHS FREE OR DISCOUNTED RENT when you move in by 9/11/26.
The Riverside Apartment Homes
Refunded Application Fee + Waived Admin Fee if apply within 24 hours of tour!
Stella
Apply by 8/31 to receive 2 Months Free! Contact our leasing office for more details.
CityWay
$500 Gift Card Special Enjoy a little more from your next move! Apply by August 31 and move in by September 30 to receive a $500 gift card. Limited availability. Restrictions apply.
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
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Real 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.
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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.
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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.
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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 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 Rise on Meridian listed at $556.
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 $1,850.
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 2,065 square feet unit starting from $1,299 at The Grounds.
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 573 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.