
Cheap Studio Apartments for Rent in the Thirty-Eighth & Franklin Neighborhood of Indianapolis, IN from $706 (9 Rentals)


Autumn Trails Apartments

Vineyards Apartments
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Harrison Point Apartments

Olivewood

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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.

Bavarian Village Apartments
Thirty-Eighth & Franklin, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Thirty-Eighth & Franklin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Thirty-Eighth & Franklin Studio Apartments | $877 | $706 | $1,969 |
Thirty-Eighth & Franklin 1 Bedroom Apartments | $1,241 | $764 | $2,355 |
Thirty-Eighth & Franklin 2 Bedroom Apartments | $1,352 | $866 | $2,899 |
Thirty-Eighth & Franklin 3 Bedroom Apartments | $1,729 | $1,225 | $3,077 |
Thirty-Eighth & Franklin 4 Bedroom Apartments | $2,428 | $1,545 | $4,500 |
Explore Indianapolis
Thirty-Eighth & Franklin, Indianapolis, IN Local Guide
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Quick Rent Budget Calculator
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Frequently Asked Questions about Cheap Thirty-Eighth & Franklin Apartments
What is a cheap apartment in Thirty-Eighth & Franklin?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Thirty-Eighth & Franklin is under $866.
What is the price of a cheap apartment in Thirty-Eighth & Franklin?
The cheapest apartment in Thirty-Eighth & Franklin is Franklin Studios which is listed at $725, while the average apartment in Thirty-Eighth & Franklin costs $1,835.
What types of apartments are the cheapest in Thirty-Eighth & Franklin?
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 11 regular apartments in Thirty-Eighth & Franklin 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 Thirty-Eighth & Franklin?
Cheap apartments in Thirty-Eighth & Franklin have an average cost of $245 which is $1,590 cheaper than the average rent for all rentals in Thirty-Eighth & Franklin.
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.