
Cheap Apartments for Rent in the 46218 ZIP Code of Indianapolis, IN from $300 (93 Rentals)
Search the lowest-cost Apartments available for rent right now in the 46218 ZIP Code area of Indianapolis.


2519 Baltimore Ave

2010 E 25th St

3011 N Tacoma Ave

Greenway Apartments

New Bridge

2403 N Oxford St

2919 N Denny St

Frederick Square

Total Monthly Price
2947 Schofield Ave, Unit 2947
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.

2841 E 19th St

3709-3711 Kinnear Ave

3710 N Irvington Ave

2931 N Tacoma Ave

2950 N Colorado Ave

1742 N Whittier Pl

2830-30 Lasalle St

Glen Ridge Manor Townhomes and Flats (Indy Town)

2209 N Arsenal Ave

2422 Coyner 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.

2021 N Drexel Ave

3201 Ralston Ave

1938 N Dearborn St

5225 E 20th Pl

Emerson Place

2930 N Dearborn St

Hopeside I

Sunstone at Arlington Woods

East Ridge

Overlook at the Fairgrounds
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.

Ritter Apartments

2530 N Temple Ave

1745 N Ritter Ave

3286 Hovey St

3709 N Parker Ave

2417 N Bolton Ave

2221 E 38th St

3233 Ralston Ave

2020 E Adams St

2920 Lasalle 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.

3472 N Dearborn St

4615 E 30th St

2030 N Colorado Ave

3385 N Sherman Dr

2237 N Graham Ave

3421 N Olney St

4320 E 30th St

3207 N Arsenal Ave

2341 E Adams St

2343 E Adams St
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.
Indianapolis, IN Local Guide

How much does it cost to rent an apartment in 46218?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 46218 Studio Apartments | $1,240 | $590 | $1,400 |
| 46218 1 Bedroom Apartments | $1,019 | $600 | $1,720 |
| 46218 2 Bedroom Apartments | $1,063 | $545 | $3,922 |
| 46218 3 Bedroom Apartments | $1,180 | $626 | $2,732 |
| 46218 4 Bedroom Apartments | $1,245 | $808 | $2,143 |
Browse Apartments in the 46218 Zip Code of Indianapolis
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Frequently Asked Questions about Cheap the 46218 ZIP Code Apartments
How much is rent for a Cheap One Bedroom 46218 Apartment?
The lowest price for a Cheap One Bedroom 46218 Apartment is $675 at Academy Place Apartments.
What is the lowest price for a Cheap Two Bedroom 46218 Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in 46218 is starting from $795 at The Crossings.
What is the most affordable 46218 Three Bedroom Apartment?
The best deal on a cheap 46218 Three Bedroom Apartment rental is at Knightstown Villas and starts from $1,175.
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

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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.