
Cheap Apartments for Rent in the 46203 ZIP Code of Indianapolis, IN from $300 (138 Rentals)Page 2 of 3
Search the lowest-cost Apartments available for rent right now in the 46203 ZIP Code area of Indianapolis.


733 Orange St

2354 Shelby St

3337 Prospect St

714 Buchanan St

2034 Singleton St

1825 E Legrande Ave

Five Twenty Virginia

Pinnex

2714 Dawson St
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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.

6012 Castleford Dr

Fletcher Place Terrace

903 Palmer St

1125 Churchman Ave

3441 Prospect St

1530 S Drexel Ave

Fletcher Place Lofts

701 Stevens St

1375 E Minnesota St

1742 Thaddeus St
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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.

624 Lincoln St

1729 Thaddeus St

80-82 North 5th Avenue, Unit 82.5 North 5th Avenue

Cherry Glen

Garfield Park Village

Capital Place

Sawmill Apartments

Parc Bordeaux Apartments

Total Monthly Price
One Somerset

Total Monthly Price
755 E Perry St, Unit 755 E. Perry Street
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Total Monthly Price
701 E Perry St, Unit 701 E. Perry Street

Beech Meadow Apartments

Fox Club

Sherman Village

Strawbridge Green

2246 Ransdell St

Willow Glen South

Rosedale Hills

Brixton

2242 Ransdell St
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Hanna Village

501 S Arlington Ave

Total Monthly Price
52 S 7th Ave, Unit 52 S. 7th #3 Beech Grove

80-82 North 5th Avenue, Unit 82 North 5th Avenue

City Heights

261 E Southern Ave

61 S 6th Ave, Unit 61 S 6th Ave

Leo

322 Parkway Ave

420 Hamilton Ave
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Indianapolis, IN Local Guide

How much does it cost to rent an apartment in 46203?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 46203 Studio Apartments | $1,148 | $799 | $1,740 |
| 46203 1 Bedroom Apartments | $1,428 | $824 | $2,520 |
| 46203 2 Bedroom Apartments | $1,417 | $799 | $3,315 |
| 46203 3 Bedroom Apartments | $1,713 | $1,015 | $4,937 |
| 46203 4 Bedroom Apartments | $2,047 | $1,486 | $3,834 |
Browse Apartments in the 46203 Zip Code of Indianapolis
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Frequently Asked Questions about Cheap the 46203 ZIP Code Apartments
What is the Cheapest Studio apartment in 46203?
Currently the most affordable Cheap Studio Apartment in 46203 is at The Macy Apartments listed at $1,100.
How much is rent for a Cheap One Bedroom 46203 Apartment?
The lowest price for a Cheap One Bedroom 46203 Apartment is $398 at Apperson Way Apartments.
What is the lowest price for a Cheap Two Bedroom 46203 Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in 46203 is starting from $479 at Apperson Way Apartments.
What is the most affordable 46203 Three Bedroom Apartment?
The best deal on a cheap 46203 Three Bedroom Apartment rental is at Apperson Way Apartments and starts from $551.
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

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My name is Wendy, and I am the local expert for ApartmentHomeLiving.com in the Indianapolis area. Being born and raised in Indiana, I know the true meaning of Hoosier hospitality.

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Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

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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.

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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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
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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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
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Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
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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.