
Cheap 2 Bedroom Apartments for Rent in the Upper Canal Neighborhood of Indianapolis, IN from $650 (46 Rentals)


The Davlan

INDY FLATS

The Washington

Drake Street Garden Homes

1010 Central

1661 N Talbott St, Unit 1

Lockefield Gardens

Total Monthly Price
9 On Canal
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.

Temple Lofts

Penn Street Tower Apartments

The Continental Towers at Vermont Place

Pavilion Place

St. Joseph Flats

1834 Gent Ave

Gardens of Canal Court

Artistry Indy

Total Monthly Price
Ralston Apartments
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.

101 E 14th St

Canal Square

The Block

Circle City

Wesley Place

The Stella

Nine+Eighteen

Maxwell Apartments

Riley Towers
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.

Genesee Apartments

Total Monthly Price
615 N East St, Unit SI FL2-ID1364146P

Canal Gardens

Campus Townhomes

PICCADILLY

Stonegate Apartments

Chelsea Manor

The Rotherwood Apartments

800 Capitol
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.

PENN ARTS

The Pennsylvania

Indiana Flats and Townhomes

Blacherne Apartments

The 101

The Whittier

Van Dyke

The Richelieu

Raleigh
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Congress at Library Square
Upper Canal, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Upper Canal?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Upper Canal Studio Apartments | $1,308 | $675 | $3,754 |
| Upper Canal 1 Bedroom Apartments | $1,642 | $544 | $4,071 |
Upper Canal 2 Bedroom Apartments | $2,147 | $650 | $6,430 |
| Upper Canal 3 Bedroom Apartments | $2,917 | $799 | $6,595 |
| Upper Canal 4 Bedroom Apartments | $1,787 | $979 | $5,767 |
Explore Indianapolis
Frequently Asked Questions about Cheap Upper Canal Apartments
What is a cheap apartment in Upper Canal?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Upper Canal is under $975.
What is the price of a cheap apartment in Upper Canal?
The cheapest apartment in Upper Canal is The Davlan which is listed at $846, while the average apartment in Upper Canal costs $2,439.
What types of apartments are the cheapest in Upper 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 70 regular apartments in Upper 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 Upper Canal?
Cheap apartments in Upper Canal have an average cost of $376 which is $2,063 cheaper than the average rent for all rentals in Upper Canal.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
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
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.