
Cheap Homes for Rent in the 46201 ZIP Code of Indianapolis, IN from $300 (134 Rentals)Page 2 of 3
Search the lowest-cost Homes available for rent right now in the 46201 ZIP Code area of Indianapolis.


4124 E 11th St

506 Woodruff Place Middle Dr, Unit 506.5

228 N Tacoma Ave

2616 E 17th St

822 N Bradley Ave

306 N Riley Ave

1924 N Drexel Ave

1527 N Chester Ave

2328 E 16th 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.

327 N Sherman Dr

1937 N Parker Ave

83 N Ewing St

826 N Beville Ave

19 S Spencer Ave

3607 E Michigan St

50 S Denny St

729 N Bosart Ave

1546 E 10th St

336 Dequincy St
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.

1547 N Grant Ave

729 N Bosart Ave

1119 N Dearborn St

263 S Dearborn St

901 N Linwood Ave

2312 E 12th St, Unit 2312 E 12th Street

523 S Drexel Ave

21 N Gladstone Ave

1938 N Dearborn St

783 Woodruff Pl E Dr, Unit 783
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.

4568 Young Ave

130 N Gladstone Ave

608 Lasalle St

835 Tecumseh St

253 N Gray St

33 N Sherman Dr

1523 E Market St

1525 E Market St

1525 E Market St

1523 E Market 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.

316 S Oakland Ave

350 S Oxford St

105 N Sherman Dr

450 N Kealing Ave, Unit 450 N Kealing Ave, Indianapolis, IN 46201

417 N State Ave

12 N Randolph St

1214 N Oakland Ave

1631 Columbia Ave

418 Eastern Ave

37 S Euclid 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.
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 | $1,253 | $699 | $3,026 |
| 46201 3 Bedroom Homes for Rent | $1,426 | $950 | $2,349 |
| 46201 4 Bedroom Homes for Rent | $2,712 | $925 | $7,259 |
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 $795 to $8,188, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $2,349. Four Bedroom Single-Family rentals are also available starting from $925 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

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.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.