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Dunbar Court
1022 Dr Martin Luther King StIndianapolis, IN 46202
Cheap Studio Apartments for Rent in the The Canal Neighborhood of Indianapolis, IN from $640 (13 Rentals)
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from $1,148Studio Apartments Available Jun 7
Artistry Indy
451-475 E Market StIndianapolis, IN 46204
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from $1,205Studio Apartments Available Now
Rise on Meridian
915 S Meridian StIndianapolis, IN 46225
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from $1,117Studio Apartments Contact Us For Availability
Canal Square
359 N West StIndianapolis, IN 46202
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.
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from $1,341Studio Apartments Available Now
Industry Indianapolis
421 N Pennsylvania StIndianapolis, IN 46204
335 W 9th St
IndianapolisIN46202
335 W 9th St
IndianapolisIN46202
335 W 9th St
IndianapolisIN46202
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
335 W 9th St
IndianapolisIN46202
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from $1,430Studio Apartments Available Now
Cosmopolitan on the Canal
310 W Michigan StIndianapolis, IN 46202
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from $1,442Studio Apartments Available Jun 30
Ardmore Apartments
231 N Pennslvania StIndianapolis, IN 46204
335 W 9th St
IndianapolisIN46202
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!
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Showing Results 1-13, 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 | $1,510 | $640 | $3,650 |
| The Canal 1 Bedroom Apartments | $1,815 | $875 | $3,910 |
| The Canal 2 Bedroom Apartments | $2,422 | $1,049 | $9,508 |
| The Canal 3 Bedroom Apartments | $2,879 | $1,995 | $5,624 |
| The Canal 4 Bedroom Apartments | $989 | $989 | $989 |
Browse Apartments in this Neighborhood
There are currently 13 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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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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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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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 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 $1,485.
What is the price of a cheap apartment in The Canal?
The cheapest apartment in The Canal is Rise on Meridian which is listed at $1,205, while the average apartment in The Canal costs $2,599.
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 6 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 $989 which is $1,610 cheaper than the average rent for all rentals in The Canal.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.