
Cheap Apartments for Rent in the 46220 ZIP Code of Indianapolis, IN from $300 (57 Rentals)Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the 46220 ZIP Code area of Indianapolis.


Shore Acres

Trenton House Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
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.

6118 Dickson Rd

6111 Laurel Hall Dr

6028 Laurel Hall Dr
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.

67 W Westfield Blvd
Indianapolis, IN Local Guide

How much does it cost to rent an apartment in 46220?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 46220 Studio Apartments | $1,398 | $649 | $5,271 |
| 46220 1 Bedroom Apartments | $1,330 | $784 | $2,864 |
| 46220 2 Bedroom Apartments | $1,563 | $949 | $13,359 |
| 46220 3 Bedroom Apartments | $1,756 | $1,199 | $3,857 |
| 46220 4 Bedroom Apartments | $1,775 | $1,700 | $1,850 |
Browse Apartments in the 46220 Zip Code of Indianapolis
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Frequently Asked Questions about Cheap the 46220 ZIP Code Apartments
What is the Cheapest Studio apartment in 46220?
Currently the most affordable Cheap Studio Apartment in 46220 is at Waterbury Apartments listed at $775.
How much is rent for a Cheap One Bedroom 46220 Apartment?
The lowest price for a Cheap One Bedroom 46220 Apartment is $749 at Berkley Commons.
What is the lowest price for a Cheap Two Bedroom 46220 Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in 46220 is starting from $1,074 at Berkley Commons.
What is the most affordable 46220 Three Bedroom Apartment?
The best deal on a cheap 46220 Three Bedroom Apartment rental is at Berkley Commons and starts from $1,399.
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

Welcome to Indy: A Local Expert's Guide to the City's Best Short-Term Rental Neighborhoods
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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.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
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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.
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.

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

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
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.