
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

Riverview

The Assembly

Madison Lofts
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.

Artistry Indy

CityWay

Gathyr Apartments

Wesley Place

The Riverside Apartment Homes

Ralston Apartments
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.

Townhomes at Fall Creek Place

Riley Towers

The Assumption on Blaine

522 Fletcher Ave

Edge 35

Volrath
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.

Senate Manor

632MLK
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 | $1,352 | $660 | $2,893 |
| The Canal 1 Bedroom Apartments | $1,589 | $649 | $4,450 |
| The Canal 2 Bedroom Apartments | $2,093 | $900 | $5,706 |
| The Canal 3 Bedroom Apartments | $2,810 | $1,800 | $10,000+ |
| The Canal 4 Bedroom Apartments | $908 | $600 | $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: 01-05-2026Take 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!
Riverview
Ask us how you can enjoy one month FREE on us!Expires 01-06-2026
Edge 35
New Year, New Home! Look and Lease & pay NO RENT until February 1st on select apartment homes! Contact us today for more details and to schedule your tour of your new apartment home. Top 25 in Online Reputation 2 Years in a Row! Nolan Living has been recognized by J Turner Research as one of the Top 25 Management Companies for Online Reputation in Division IVtwo years in a row!Expires 01-06-2026
The Assembly
ONE MONTH RENT FREE!Expires 01-06-2026
Rise on Meridian
2 Months of free rent if you move in by January 31, 2025Expires 01-06-2026
Wesley Place
This Winter, Come Home to Comfort And 1 Month Free! Plus, receive a $250 gift card at move-in if you apply within 48 hours of touring! *Certain restrictions apply. Subject to change without notice. Contact the leasing office for details.Expires 01-06-2026
Gathyr Apartments
?? NEW YEAR, NEW APARTMENT ?? Move in now and enjoy up to 1 MONTH FREE RENT! Available on 14+ month lease terms. Restrictions apply.Expires 01-06-2026
Riley Towers
Get $750 off with a 13-month lease on studios and 1BRs—must move in by 1/15/26!Expires 01-06-2026
The Stella
2 MONTHS FREE!Expires 01-06-2026
CityWay
Receive up to a $3,000 gift card! Contact the leasing office today to learn more - dont miss out! *Restrictions apply. Also, ask us about our new penthouse availability!Expires 01-06-2026
Ralston Apartments
Use code RALSTON to waive $100 in signing fees. Plus, sign for a 1 or 2 bedroom unit and move in within 30 days to get 1 month FREE!Expires 01-06-2026
Newly Listed Move-In Specials offers for Apartments in The Canal, IN
Specials updated: 01-05-2026Here 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.
Wesmont
Take your Second Month Free! Look and Lease Added Incentive for leases starting by 1/31/2026! Apply today at Wesmont Apartments DOT COM As Always -FREE Deposit!Expires 01-31-2026
The Assumption on Blaine
Move in by February 1, 2026, Receive a free month of rent if qualified!Expires 02-01-2026
632MLK
3BR/3BA Special: 2 months free on 14 month lease or longer. Studio/1BA, 1BR/1BA & 2BR/2BA Special: 1 month free on 13 month lease or longer.Expires 03-01-2026
Senate Manor
Unlock BIG savings at Historic Senate Manor! Move in by 1/15/26 and score amazing specials: 1 Bedroom: $100 OFF monthly rent, thats a savings of $1200 in the next year!Expires 01-15-2026
Townhomes at Fall Creek Place
Save $100/month on 1-bedroom apartments with a 12-month lease Save $200/month on 2-bedroom apartments with a 12-month leaseExpires 01-15-2026
The Riverside Apartment Homes
Apply & lease by 1/31/26 to receive $400 off your second month’s rent on select apartment homes. Plus- apply within 24 hours of your tour to receive a refunded application fee.Expires 01-31-2026
The Stella
2 MONTHS FREE!Expires 01-06-2026
Riverview
Ask us how you can enjoy one month FREE on us!Expires 01-06-2026
Edge 35
New Year, New Home! Look and Lease & pay NO RENT until February 1st on select apartment homes! Contact us today for more details and to schedule your tour of your new apartment home. Top 25 in Online Reputation 2 Years in a Row! Nolan Living has been recognized by J Turner Research as one of the Top 25 Management Companies for Online Reputation in Division IVtwo years in a row!Expires 01-06-2026
The Assembly
ONE MONTH RENT FREE!Expires 01-06-2026
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleYour 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 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 #14
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 Volrath listed at $649.
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 $1,911.
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 2,000 square feet unit starting from $1,111 at Riley Towers.
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 537 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

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.

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.

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.
Articles, How-To's, and Tips

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!