Cheap Homes for Rent in Upper Canal Neighborhood of Indianapolis, IN from $600 (7 Rentals)

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Cheap Homes in the Upper Canal area of Indianapolis.

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.

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.

Upper 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!

Upper Canal, Indianapolis, IN Local Guide

Cheapest Available Upper Canal Apartments for Rent

 

The cheapest available apartment rental in the Upper Canal area of Indianapolis, IN is a 1 Bed unit found at 1733 N. Meridian priced from $780. The Seminole has the second lowest priced unit, which is a 1 Bed apartment currently listed from $833. Here are the most affordable Upper Canal apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
1733 N. Meridian1BR1BR,1BA$780
The Seminole1br1BR,1BA$833
Priscilla on PennsylvaniaStudioStudio,1BA$875

Best Value Apartments for Rent in Upper Canal, IN

As of May 03, 2025 the best value apartment in the Upper Canal area is the $1.24 price per square foot 3 Bedroom 2 Bath Model at The Block in the in the Riley neighborhood starting from $2,199. The second greatest value Upper Canal apartment is the Park Avenue Model at The Pointe on Mass starting at $2,470 with a $1.63 price per square foot in the Near North Indianapolis neighborhood. Here is today’s list of the best values for Upper Canal apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Block3 Bedroom 2 Bath3BR,2BA$1.24
The Pointe on MassPark Avenue2BR,2BA$1.63
Gardens of Canal CourtTwo Bedroom Two Bath (1,184 - 1,194 Square Feet)2BR,2BA$1.29
Penn Street Tower ApartmentsSenate: Floors 10-122BR,1BA$1.37
RaleighRaleigh 1BTH 8861BR,2BA$1.42
1733 N. Meridian1BR1BR,1BA$1.04
The Seminole1br1BR,1BA$1.13
Indiana Flats and Townhomes2 x 1 Townhome2BR,1BA$1.63
1010 CentralDepot 60%1BR,1BA$1.59
Christian Place ApartmentsOne Bed1BR,1BA$1.30

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Frequently Asked Questions about Upper Canal

What type of rentals are currently available in Upper Canal?

There are currently 180 Apartments for Rent in Upper Canal, IN with pricing that ranges from $605 to $9,508. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Upper Canal ranging from $695 to $6,200.

What is the current price range for Rental Homes in Upper Canal?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Upper Canal ranges from $695 to $6,200 with an average monthly rent of $2,182.

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.

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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.

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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.

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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.

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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.