
Cheap Apartments for Rent in the 46221 ZIP Code of Indianapolis, IN from $300 (55 Rentals)
Search the lowest-cost Apartments available for rent right now in the 46221 ZIP Code area of Indianapolis.


Abbey Apartments - Affordable Senior Housing

Alpine Studios

2013 W Miller St

2015 W Miller St

Total Monthly Price
Horizons Apartments

1231 Shepard St

1702 W Wyoming St

1332 W Lee St

Home Place Senior Living
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.

Mann Village Apartments

The Assumption on Blaine

3244-3246 W Mooresville Rd

915 Marion Ave

1354 Oliver Ave

4939 Norcroft Dr

6740 Morgan St

2015 W Miller St

856 River Ave

Deerfield Acres
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.

Rand House Apartments

1444 S Richland St

1757 Howard St

1339 W Lee St

2007 Westview Dr

Aspen Pointe Apartments

Arborwood Apartments

701 W Hanna Ave

8149 Trevellian Way

Ashgrove Apartments
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.

Suncrest

Windsor Park

Southern Dunes

Creek Bay

Plaza at Central Greens

Stone Ridge Flats and Townhomes

Aspen Lakes

Murphy's Landing

1434 S Moreland Ave

2402 Mars Hill 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

Bluff Crossing Apartments

Harding Street Lofts

2861 S Roena St

Total Monthly Price
1448 S Kiel Ave

354 S Biltmore Ave

354 S Biltmore Ave

Cloverleaf Apartments & Townhomes

Remington on Rockville

Valley Brook MHC

The Oasis
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 46221?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 46221 Studio Apartments | $1,076 | $750 | $1,769 |
| 46221 1 Bedroom Apartments | $1,142 | $750 | $1,506 |
| 46221 2 Bedroom Apartments | $1,422 | $945 | $1,917 |
| 46221 3 Bedroom Apartments | $1,658 | $1,000 | $4,324 |
| 46221 4 Bedroom Apartments | $1,230 | $970 | $1,490 |
Browse Apartments in the 46221 Zip Code of Indianapolis
Explore Indianapolis

Frequently Asked Questions about Cheap the 46221 ZIP Code Apartments
What is the Cheapest Studio apartment in 46221?
Currently the most affordable Cheap Studio Apartment in 46221 is at Waterbury Apartments listed at $775.
How much is rent for a Cheap One Bedroom 46221 Apartment?
The lowest price for a Cheap One Bedroom 46221 Apartment is $775 at 523 Miller Ave.
What is the lowest price for a Cheap Two Bedroom 46221 Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in 46221 is starting from $999 at Martin Estates Apartments.
What is the most affordable 46221 Three Bedroom Apartment?
The best deal on a cheap 46221 Three Bedroom Apartment rental is at Autumn Chase and starts from $1,560.
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.