
Cheap 2 Bedroom Apartments for Rent in the University Heights Neighborhood of Indianapolis, IN from $775 (38 Rentals)


1732 E Kelly St

Strawbridge Green

Brookwood Apartments

2348 St Paul St

Dawson Village

Garfield Park Village

Sawmill Apartments

Pine Glen
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1604 E Kelly St

Fox Club

Capital Place

Sherman Village

Thompson Village Apartments

2111 S Garfield Dr

Parc Bordeaux Apartments

Cherry Glen

City Heights
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

2121-2123 Fairfax Rd

Hanna Village

Garfield Place

Red Maple Grove

Crossroads at Southgreen

Garfield Terrace Apartments

Stone Lake

Markwood Terrace Apartments

615 E Thompson Rd
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

2633 S Randolph St

Crossroads at Madison

1604 E Kelly St

2036 Calhoun St

Ninth Avenue Apartments

1619 E Tabor St

The Brixton

Willow Glen South

89 N 16th Ave
Cash 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.

Francis Apartments

The U
University Heights, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in University Heights?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Heights Studio Apartments | $844 | $649 | $1,003 |
| University Heights 1 Bedroom Apartments | $981 | $749 | $1,420 |
University Heights 2 Bedroom Apartments | $1,159 | $775 | $2,044 |
| University Heights 3 Bedroom Apartments | $1,283 | $1,015 | $2,500 |
Explore Indianapolis
Frequently Asked Questions about Cheap University Heights Apartments
What is the price of a cheap apartment in University Heights?
The cheapest apartment in University Heights is One Somerset which is listed at $775, while the average apartment in University Heights costs $1,260.
What types of apartments are the cheapest in University Heights?
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 33 regular apartments in University Heights 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 University Heights?
Cheap apartments in University Heights have an average cost of $214 which is $1,046 cheaper than the average rent for all rentals in University Heights.
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
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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
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Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move
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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.