
Cheap Homes for Rent in the 46202 ZIP Code of Indianapolis, IN from $300 (24 Rentals)
Search the lowest-cost Homes available for rent right now in the 46202 ZIP Code area of Indianapolis.


524 W 23rd St

524 W 23rd St

1839 Talbott St

2060 N Delaware St

2345 N Kenwood Ave

1502 W 23rd St

145 E 14th 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.

1511 E Ohio St

1228 W 18th St

55 S Harding St

2159-2159 Bellefontaine St

230 E 9th St

525 N Belmont Ave

1415 W Pruitt St

1631 Columbia Ave
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.

2128 N Pennsylvania St

2141 Bellefontaine St

1023 N Pershing Ave

1541 E Ohio St

1541 E Ohio St

2235 Doctor M.L.K. Jr St

1622 Yandes St

1135 W 21st 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.
Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Indianapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 46202 2 Bedroom Homes for Rent | $1,983 | $650 | $8,473 |
| 46202 3 Bedroom Homes for Rent | $2,584 | $799 | $7,310 |
| 46202 4 Bedroom Homes for Rent | $1,559 | $600 | $4,563 |
Browse Homes for Rent in the 46202 Zip Code of Indianapolis
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Frequently Asked Questions about the 46202 ZIP Code
How much are larger Three and Four Bedroom Rentals in 46202?
For those who are looking for larger living arrangements, Three Bedroom Apartments in 46202 range from $626 to $8,831, while Three Bedroom Homes, Condos, and Townhomes for rent range from $799 to $7,310. Four Bedroom Single-Family rentals are also available starting from $600 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

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.

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.