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Rent Specials
$1,261 - $2,474Special Offer
2 Months Free 2 Months of free rent if you apply by March 31
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Rise on Meridian
915 S Meridian StIndianapolis, IN 46225
Apartments for Rent with Specials in the The Canal Neighborhood of Indianapolis, IN (25 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
$1,299 - $3,617Special Offer
2 Months Free Receive up to TWO MONTHS FREE when you move in before May. Call for more details.
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The Grounds
2136 Central AveIndianapolis, IN 46202
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Rent Specials
$1,209 - $2,099Special Offer
1 Month Free Take your Second Month Free! Look and Lease Added Incentive for leases starting by 3/31/2026!
Apply today at Wesmont Apartments
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Wesmont
1515 Lewis StIndianapolis, IN 46202
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Rent Specials
$1,175 - $2,279Special Offer
1 Month Free Move in by March 31st and get 6 weeks FREE!!!
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Riverview
460 N White River Pkwy West DrIndianapolis, IN 46222
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Rent Specials
$1,049 - $2,223Special Offer
1 Month Free ONE MONTH RENT FREE! + $500 Bonus
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The Assembly
1301 E Washington StIndianapolis, IN 46202
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Rent Specials
$1,120 - $1,524Special Offer
Specials Apply to move in by April 15th on select homes and get up to 1 month FREE rent!
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The E'Laan
515 E Market StIndianapolis, IN 46204
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
$1,224 - $4,470Special Offer
Specials Get up to 2 months FREE rent on select apartments! Contact us today for more details. Top 25 in Online Reputation 2 Years in a Row!
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Pinnex
931 Fletcher AveIndianapolis, IN 46203
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Rent Specials
$910 - $3,315
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$895 - $3,300
Required Monthly Fees
$15
Total Monthly Price
$910 - $3,315
9 On Canal
335 W 9th StIndianapolis, IN 46202
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Rent Specials
$1,208 - $2,350Special Offer
Specials Match Made for You Matched in Indianapolis? Circa offers stylish, city-centric, living near IU Health, Eskenazi Health, the VA Medi
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Circa Apartments
617 N CollegeIndianapolis, IN 46204
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Rent Specials
$1,199 - $1,294Special Offer
1 Month Free Move in by March 31st and get:
ONE MONTH FREE
$500 Gift Card (when you apply within 48 hours of your tour) This is your champio
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Mozzo apartments
531 Virginia AveIndianapolis, IN 46203
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Rent Specials
$1,397 - $3,204Special Offer
Specials Newly renovated apartments with modern kitchens & baths, plus upgraded amenities coming this spring. Tour Cosmo on the Canal today!
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Cosmopolitan on the Canal
310 W Michigan StIndianapolis, IN 46202
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Rent Specials
$1,061 - $7,256Special Offer
Specials Lease by 3/31 & Receive $1500 Rent Credit! Look & Lease Special: Waived App/Admin Fees. *Must apply within 24 hours of initial visi
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Artistry Indy
451-475 E Market StIndianapolis, IN 46204
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
$1,299 - $1,995Special Offer
2 Months Free 2 MONTHS FREE!
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The Stella
1827 N Meridian StIndianapolis, IN 46202
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Rent Specials
$1,200 - $2,557Special Offer
Specials March Leasing Special
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Vanguard at 16 Tech
1410 Breedlove LnIndianapolis, IN 46202
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Rent Specials
$939 - $2,075Special Offer
Specials LEASE NOW and enjoy up to 1 MONTH FREE RENT + 4 months free garage parking on select apartments!*
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Gathyr Apartments
1117 E Market StIndianapolis, IN 46202
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Rent Specials
$1,099 - $1,899
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$979 - $1,779
Required Monthly Fees
$120
Total Monthly Price
$1,099 - $1,899
Wesley Place
75 W 18th StIndianapolis, IN 46202
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Rent Specials
$1,009 - $1,279Special Offer
Discounts Apply & lease by 3/31/26 to receive $400 off your second month’s rent. Plus - apply within 24 hours of your tour to receive a refu
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Riverside
2638 Cold Spring Manor DrIndianapolis, IN 46222
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Rent Specials
$949 - $1,324Special Offer
1 Month Free Limited-Time Offer! Apply and move in by March 31st and enjoy April Rent FREE, reduced rental rates, and NO security deposit re
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River West Flats
1150 N White River Pkwy West DrIndianapolis, IN 46222
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.
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Rent Specials
$1,181 - $3,496
Total Monthly Price
1 to 4 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,102 - $3,417
Required Monthly Fees
Varies
Total Monthly Price
Varies
Ralston Apartments
1201 Indiana AveIndianapolis, IN 46202
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Rent Specials
$1,229 - $2,433Special Offer
Specials Move into a One Bedroom Apartment by 3/31/26 and receive $1,000 off the first full month's rent
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Penn Street Tower
115 N Pennsylvania StIndianapolis, IN 46204
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Rent Specials
$1,098 - $3,673Special Offer
Specials 1 Month FREE on select apartments! Contact us today for more details and to schedule your tour of your new apartment home. Top 25 i
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Edge 35
1224 Prospect StIndianapolis, IN 46203
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Rent Specials
$1,025Special 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
$900 - $2,200Special Offer
Specials Move in by end of month and receive a free month of rent if qualified!
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The Assumption on Blaine
1105 Blaine AveIndianapolis, IN 46221
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Rent Specials
$649 - $774Special Offer
1 Month Free One Month Free Rent
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Volrath
118 Palmer StIndianapolis, IN 46225
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.
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Rent Specials
$1,550 - $2,550
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,455 - $2,455
Required Monthly Fees
$95
Total Monthly Price
$1,550 - $2,550
632MLK
632 Dr Martin Luther King Jr StIndianapolis, IN 46202
Showing Results 1-25, 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 | $1,311 | $665 | $3,050 |
| The Canal 1 Bedroom Apartments | $1,574 | $649 | $4,071 |
| The Canal 2 Bedroom Apartments | $2,148 | $900 | $4,743 |
| The Canal 3 Bedroom Apartments | $2,884 | $1,965 | $7,256 |
| The Canal 4 Bedroom Apartments | $1,062 | $600 | $5,540 |
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 25 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: 03-20-2026Take 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!
Circa Apartments
Match Made for You Matched in Indianapolis? Circa offers stylish, city-centric, living near IU Health, Eskenazi Health, the VA Medical Center, and Ascension St. Vincent.Expires 03-20-2026
Gathyr Apartments
LEASE NOW and enjoy up to 1 MONTH FREE RENT + 4 months free garage parking on select apartments!*Expires 03-21-2026
The Grounds
Receive up to TWO MONTHS FREE when you move in before May. Call for more details.Expires 03-21-2026
Riverview
Move in by March 31st and get 6 weeks FREE!!!Expires 03-21-2026
Edge 35
1 Month FREE on select apartments! 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 03-21-2026
The Stella
2 MONTHS FREE!Expires 03-21-2026
Vanguard at 16 Tech
March Leasing SpecialExpires 03-21-2026
Cosmopolitan on the Canal
Newly renovated apartments with modern kitchens & baths, plus upgraded amenities coming this spring. Tour Cosmo on the Canal today!Expires 03-21-2026
Rise on Meridian
2 Months of free rent if you apply by March 31Expires 03-21-2026
Ralston Apartments
Use code RALSTON to waive $100 in signing fees! Plus, get 1 month FREE if you sign and move-in by April 15thExpires 03-21-2026
Newly Listed Move-In Specials offers for Apartments in The Canal, IN
Specials updated: 03-20-2026Here 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 3/31/2026! Apply today at Wesmont Apartments DOT COM As Always -FREE Deposit!Expires 03-31-2026
The Assumption on Blaine
Move in by end of month and receive a free month of rent if qualified!Expires 04-30-2026
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 03-31-2026
River West Flats
Limited-Time Offer! Apply and move in by March 31st and enjoy April Rent FREE, reduced rental rates, and NO security deposit required. Don’t miss out—act now!Expires 03-31-2026
Mozzo apartments
Move in by March 31st and get: ONE MONTH FREE $500 Gift Card (when you apply within 48 hours of your tour) This is your championship move — don’t get benched! schedule your showing today!Expires 03-31-2026
Riverside
Apply & lease by 3/31/26 to receive $400 off your second month’s rent. Plus - apply within 24 hours of your tour to receive a refunded application fee.Expires 03-31-2026
Penn Street Tower
Move into a One Bedroom Apartment by 3/31/26 and receive $1,000 off the first full month's rentExpires 03-31-2026
Gathyr Apartments
LEASE NOW and enjoy up to 1 MONTH FREE RENT + 4 months free garage parking on select apartments!*Expires 03-21-2026
The Grounds
Receive up to TWO MONTHS FREE when you move in before May. Call for more details.Expires 03-21-2026
Rise on Meridian
2 Months of free rent if you apply by March 31Expires 03-21-2026
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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.
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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 #15
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 $1,859.
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 561 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.
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.
Articles, How-To's, and Tips
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
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.