
Cheap Homes for Rent in the 46201 ZIP Code of Indianapolis, IN from $300 (111 Rentals)
Search the lowest-cost Homes available for rent right now in the 46201 ZIP Code area of Indianapolis.


320 N Sherman Dr

415 N Oxford St

1106 N Gale St

1538 N Grant Ave

2211 E New York St, Unit B

1036 N Tuxedo St

840 N Rural St

628 N Oxford St

4537 Fletcher 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.

423 Villa Ave

1306 N Chester Ave

925 N Gladstone Ave

1308 N Chester Ave

833 N Gladstone Ave

1038 N Tuxedo St

5143 Washington St

556 N Oxford St, Unit A

840 N Rural St

1623 N Rural St
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.

1531 N Grant Ave

4919 Orion Ave

1432 N Colorado Ave

1512 N Gladstone Ave

775 Dequincy St

679 Woodruff Pl E Dr

3838 E Pleasant Run Parkway North Dr

201 S Emerson Ave

590 Woodruff Pl W Dr

8 S Bradley 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.

903 N Tuxedo St

8 S Bradley Ave

1421 N Olney St

621 N Oxford St

314 N Denny St

3540 E Vermont St

1303 N Gladstone Ave

3601 Brookside Pkwy S Dr

4017 E 11th St

3617 Brookside Pkwy S Dr
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.

831 N Emerson Ave

301 S Gray St

621 Tecumseh St

442 N Denny St

1241 N Linwood Ave

323 N Rural St

330 S Rural St

212 S Emerson Ave

408 N Oakland Ave

306 N Riley Ave
Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.
Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Indianapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 46201 2 Bedroom Homes for Rent | $1,271 | $875 | $3,845 |
| 46201 3 Bedroom Homes for Rent | $1,459 | $925 | $2,400 |
| 46201 4 Bedroom Homes for Rent | $4,381 | $895 | $7,867 |
Browse Homes for Rent in the 46201 Zip Code of Indianapolis
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Frequently Asked Questions about the 46201 ZIP Code
How much are larger Three and Four Bedroom Rentals in 46201?
For those who are looking for larger living arrangements, Three Bedroom Apartments in 46201 range from $626 to $8,610, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $2,400. Four Bedroom Single-Family rentals are also available starting from $895 and Four Bedroom Apartments start at $600.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.