
Cheap Apartments for Rent in the 46205 ZIP Code of Indianapolis, IN from $300 (73 Rentals)
Search the lowest-cost Apartments available for rent right now in the 46205 ZIP Code area of Indianapolis.


Maple Court

4901 N Washington Blvd

Willow Brook

The Domino

The Meadows

The Delaware Apartments

3326 Ruckle St, Unit Rear Apartment

Historic Marcy Village

916-918 Fairfield 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.

Monon 46

Total Monthly Price
3017 Broadway St, Unit 3017 Broadway

3106 N College Ave

Charmwood Terrace

THE COURTS OF MONON

The Villages at Mill Crossing

727 Fairfield Ave

VILLAGE AT FALL CREEK

Historic Dorchester

East Village at Avondale Meadows Apartments
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.

The Regal Apartments

3519 Balsam Ave

Birchwood Place

The Meridian

Meier House Apartments

Monon Station Apartments

The Point on Fall Creek

Stetson Senior Apartments

Nola Court Apartments

Harbour Pointe
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.

7 Pointe Apartments

Ashton Park

Hubbard Gardens

The Lodge Apartments

The Sheldrake Apartments

2930 N Dearborn St, Unit B

Meridian Towers

2930 N Dearborn St, Unit A

3165 Station St, Unit B

3165 Station St
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

34 North Apartments

The Commons on 25th

Parkway

The Star

3056 N Olney St

Broad Ripple Trails

3725 N Sherman Dr, Unit 7

2318 E 36th St

3340 N Meridian St

Parkview Apartments LLC
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 46205?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 46205 Studio Apartments | $1,178 | $595 | $1,517 |
| 46205 1 Bedroom Apartments | $1,250 | $520 | $2,168 |
| 46205 2 Bedroom Apartments | $1,437 | $685 | $3,994 |
| 46205 3 Bedroom Apartments | $1,741 | $825 | $4,225 |
| 46205 4 Bedroom Apartments | $3,608 | $2,475 | $4,175 |
Browse Apartments in the 46205 Zip Code of Indianapolis
Explore Indianapolis

Frequently Asked Questions about Cheap the 46205 ZIP Code Apartments
What is the Cheapest Studio apartment in 46205?
Currently the most affordable Cheap Studio Apartment in 46205 is at Walnut Manor listed at $650.
How much is rent for a Cheap One Bedroom 46205 Apartment?
The lowest price for a Cheap One Bedroom 46205 Apartment is $398 at Apperson Way Apartments.
What is the lowest price for a Cheap Two Bedroom 46205 Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in 46205 is starting from $479 at Apperson Way Apartments.
What is the most affordable 46205 Three Bedroom Apartment?
The best deal on a cheap 46205 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

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.

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.

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.