
Cheap Homes for Rent in the 46203 ZIP Code of Indianapolis, IN from $300 (71 Rentals)
Search the lowest-cost Homes available for rent right now in the 46203 ZIP Code area of Indianapolis.


340 Prospect St

4537 Fletcher Ave

1723 Laurel St

2527 Shelby St

1944 Shelby St

906 Laurel St

615 E Thompson Rd

301 S Gray St

1626 Lawton 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.

5408 E Burgess Ave

1604 E Kelly St

2742 Shelby St

3206 S Temple Ave

1010 Bates St

550 Cleveland St

550 Cleveland St

1524 E Legrande Ave

1529 Dawson St

84 S 6th Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1822 S Chester Ave

450 Shelby St

2121 Main St

2517 Villa Ave

1231 S Denny St

316 S Oakland Ave

263 S Dearborn St

2342 E Legrande Ave

2036 Calhoun St

1737 Terrace Ave
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

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

89 N 16th Ave

4929 Mt Vernon Dr

270 S Lasalle St

944 E Minnesota St

405 S Sheridan Ave

2224 S Keystone Ave

1825 E Legrande Ave

1202 Hoefgen St, Unit 1202

6012 Castleford Dr
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

270 S Lasalle St

2018 Boyd Ave

1833 Orleans St

1307 Wright St

903 Palmer St

712 Melvenia St

3441 Prospect St

923 E Berwyn St

1530 S Drexel Ave

1603 Woodlawn Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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 | $1,529 | $725 | $4,637 |
| 46203 3 Bedroom Homes for Rent | $1,757 | $895 | $4,426 |
| 46203 4 Bedroom Homes for Rent | $2,201 | $1,503 | $4,308 |
Browse Homes for Rent in the 46203 Zip Code of Indianapolis
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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 $799 to $9,764, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $4,426. Four Bedroom Single-Family rentals are also available starting from $1,503 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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.