
Cheap Homes for Rent in the 46220 ZIP Code of Indianapolis, IN from $300 (21 Rentals)
Search the lowest-cost Homes available for rent right now in the 46220 ZIP Code area of Indianapolis.


6005 Dickson Rd

5338 Winthrop Ave

6721 Riverfront Ave, Unit Studio

77 W Westfield Blvd

5169 Caroline Ave

5525 Roxbury Terrace
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.

6116.5 Guilford Ave

4901 Whitton Pl

4901 Whitton Pl

4901 Whitton Pl

4901 Whitton Pl

4901 Whitton Pl

4901 Whitton Pl
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.

4836 N Kitley Ave

5348 Winthrop Ave

6713 E 52nd St.

6713 52nd St

4929 Katherine Dr

4901 Whitton Pl

5522 Greenview Dr
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.
Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Indianapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 46220 2 Bedroom Homes for Rent | $1,580 | $931 | $4,005 |
| 46220 3 Bedroom Homes for Rent | $1,754 | $1,149 | $5,970 |
| 46220 4 Bedroom Homes for Rent | $1,775 | $1,700 | $1,850 |
Browse Homes for Rent in the 46220 Zip Code of Indianapolis
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Frequently Asked Questions about the 46220 ZIP Code
How much are larger Three and Four Bedroom Rentals in 46220?
For those who are looking for larger living arrangements, Three Bedroom Apartments in 46220 range from $900 to $13,875, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,149 to $5,970. Four Bedroom Single-Family rentals are also available starting from $1,700 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

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.
Articles, How-To's, and Tips

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!