
Cheap Apartments for Rent in the 46201 ZIP Code of Indianapolis, IN from $300 (150 Rentals)
Search the lowest-cost Apartments available for rent right now in the 46201 ZIP Code area of Indianapolis.


910 N Ewing St

2211 E New York St

2211 E New York St, Unit B

263 S Chester Ave

1354 N Olney St

423 Villa Ave

423 Villa Ave

37-37 S Sherman Dr

712-712 N Bosart Ave
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.

3709 Brookside Pkwy S Dr

429-431 S Oakland Ave

810 N Bradley Ave

225 Trowbridge St

335 S Oakland Ave

1406 Deloss St

521 N Gladstone Ave, Unit B

3030 E 10th St

1353 N Olney St

The Courts Apartment Homes
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.

313 Eastern Ave

958 N Tuxedo St

508-508 Emerson Ave

3524 E Ohio St

740 N Drexel Ave

4831 E Washington St

706-708 N Bosart Ave

237 Eastern Ave

330 N Arsenal Ave

1505 N Tuxedo St
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.

332 N Arsenal Ave

28 S Dearborn St

729 N Bosart Ave

861 N Drexel Ave

1521 N Kealing Ave

783 Woodruff Pl E Dr, Unit 783

270 S Lasalle St

44 S Ewing St

4568 Young Ave

437 N State Ave
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.

625 N Tacoma

Total Monthly Price
1134 N Dearborn St, Unit B

627 N Tacoma Ave

Total Monthly Price
3312 E 9th St, Unit 3312

512 S State Ave

328 N Euclid Ave, Unit C

615 N Grant Ave

615 N Grant Ave

933-935 N Dearborn St

1131 N Rural St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Indianapolis, IN Local Guide

How much does it cost to rent an apartment in 46201?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 46201 Studio Apartments | $1,299 | $1,279 | $1,319 |
| 46201 1 Bedroom Apartments | $1,209 | $550 | $2,583 |
| 46201 2 Bedroom Apartments | $1,264 | $850 | $3,868 |
| 46201 3 Bedroom Apartments | $1,501 | $895 | $2,834 |
| 46201 4 Bedroom Apartments | $3,132 | $895 | $7,408 |
Browse Apartments in the 46201 Zip Code of Indianapolis
Explore Indianapolis

Frequently Asked Questions about Cheap the 46201 ZIP Code Apartments
How much is rent for a Cheap One Bedroom 46201 Apartment?
The lowest price for a Cheap One Bedroom 46201 Apartment is $250 at The Towers at Southdale Affordable Senior.
What is the lowest price for a Cheap Two Bedroom 46201 Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in 46201 is starting from $720 at The Haven.
What is the most affordable 46201 Three Bedroom Apartment?
The best deal on a cheap 46201 Three Bedroom Apartment rental is at The Haven and starts from $575.
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.