
Cheap Homes for Rent in the 46203 ZIP Code of Indianapolis, IN from $300 (53 Rentals)
Search the lowest-cost Homes available for rent right now in the 46203 ZIP Code area of Indianapolis.


263 S Chester Ave

2340 Calhoun St

2338 Calhoun St

1910 Southeastern Ave

1940 Shelby St

1948 Shelby St

1609 S Randolph St

5951 Rawles Ave

2002 Shelby St
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.

2519 Southeastern Ave

5121 E Burgess Ave

615 E Thompson Rd

2106 Singleton St

340 Prospect St

336 Prospect St

5123 E Burgess Ave

606 S Spencer Ave

2334 Walker Ave
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

1541 Norton Ave

4213 E Pleasant Run Pkwy S Dr

239 S Rural St

421 Leeds Ave

2034 Singleton St

6010 Castleford Dr

2354-2356 Shelby St

734 E Morris St

1823 Hoyt Ave

2318 Prospect St

1616 S Edgecombe Ave
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1645 Asbury St

1306 Woodlawn Ave

2160 S Emerson Ave

6012 Castleford Dr

1339 Wade St

1534 Dawson St

3710 Madison Ave

1426 S Oxford St

1426 S Oxford St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

1512 English Ave

1405 S Alabama St

803 Cameron St

1425 S Alabama St

917 E Bradbury Ave

2334 Calhoun St

2334 Calhoun St

5814 La Fleur Ct
Check Out Indianapolis’s Best Affordable Neighborhoods
Learn about Indianapolis and the best places to live with original content written by our Local Expert Wendy Melton

155 Harlan St

2038 E Maryland St

1238 S State Ave, Unit Apt 1
Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Indianapolis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
46203 2 Bedroom Homes for Rent | $1,481 | $815 | $3,572 |
46203 3 Bedroom Homes for Rent | $2,039 | $1,080 | $4,793 |
46203 4 Bedroom Homes for Rent | $2,512 | $1,470 | $4,850 |
Browse Homes for Rent in the 46203 Zip Code of Indianapolis
Explore Indianapolis
Indianapolis, IN Local Guide
- Indianapolis Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Frequently Asked Questions about the 46203 ZIP Code
How much are larger Three and Four Bedroom Rentals in 46203?
For those who are looking for larger living arrangements, Three Bedroom Apartments in 46203 range from $798 to $11,755, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,080 to $4,793. Four Bedroom Single-Family rentals are also available starting from $1,470 and Four Bedroom Apartments start at $550.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.