
Cheap Homes for Rent in Upper Canal Neighborhood of Indianapolis, IN from $600 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Upper Canal area of Indianapolis.


3 E Washington St

146 E 19th St
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.

2 E Washington St

1601 N Delaware St

1717 N Talbott St
The Art of the Rental Viewing: What to look for during a property tour
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.
Upper Canal, Indianapolis, IN Local Guide

How much does it cost to rent a home in Upper Canal?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Upper Canal 2 Bedroom Homes for Rent | $1,989 | $950 | $3,850 |
Upper Canal 3 Bedroom Homes for Rent | $1,813 | $1,599 | $2,900 |
Upper Canal 4 Bedroom Homes for Rent | $2,700 | $2,700 | $2,700 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 1 mile radius of the Upper Canal Neighborhood of Indianapolis, IN.
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Upper Canal, Indianapolis, IN Local Guide
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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 The Seminole priced from $833. The Whitaker has the second lowest priced unit, which is a 1 Bed apartment currently listed from $845. Here are the most affordable Upper Canal apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Seminole | 1br | 1BR,1BA | $833 |
The Whitaker | One Bedroom | 1BR,1BA | $845 |
The Washington | One Bedroom - Sublevel | 1BR,1BA | $850 |
Best Value Apartments for Rent in Upper Canal, IN
As of June 22, 2025 the best value apartment in the Upper Canal area is the $1.08 price per square foot loft Model at Shoemaker Building in the in the Riley neighborhood starting from $1,950. The second greatest value Upper Canal apartment is the 1 Bedroom 1 Bath Model at The Block starting at $1,549 with a $1.06 price per square foot in the Riley neighborhood. Here is today’s list of the best values for Upper Canal apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Shoemaker Building | loft | 2BR,2BA | $1.08 |
The Block | 1 Bedroom 1 Bath | 1BR,1BA | $1.06 |
Raleigh | Raleigh 1BTH 886 | 1BR,2BA | $1.42 |
Van Dyke | Van Dyke 1BTH 882 | 1BR,1BA | $1.34 |
The Seminole | 1br | 1BR,1BA | $1.13 |
Illinois Street Senior Apartments | 1BR 1A 60% | 1BR,1BA | $1.68 |
1010 Central | Garage 60% | 1BR,1BA | $1.70 |
The Whitaker | One Bedroom | 1BR,1BA | $1.41 |
The Washington | One Bedroom - Sublevel | 1BR,1BA | $1.42 |
Madison Apartments | One bedroom | 1BR,1BA | $1.68 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Upper Canal
What type of rentals are currently available in Upper Canal?
There are currently 175 Apartments for Rent in Upper Canal, IN with pricing that ranges from $640 to $9,136. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Upper Canal ranging from $695 to $3,850.
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 $3,850 with an average monthly rent of $1,962.
How much are larger Three and Four Bedroom Rentals in Upper Canal?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Upper Canal range from $1,599 to $9,136, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,599 to $2,900. Four Bedroom Single-Family rentals are also available starting from $2,700 and Four Bedroom Apartments start at $989.
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.