
Cheap Apartments for Rent in the 46221 ZIP Code of Indianapolis, IN from $300 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in the 46221 ZIP Code area of Indianapolis.


Abbey Apartments - Affordable Senior Housing

1529 Hiatt St

Alpine Studios

Total Monthly Price
Horizons Apartments

Home Place Senior Living

Mann Village Apartments

1450 Blaine Ave

3244-3246 W Mooresville Rd

The Assumption on Blaine
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.

3256-3258 W Mooresville Rd

915 Marion Ave

1354 Oliver Ave

1822 W Minnesota St

Deerfield Acres

Rand House Apartments

1442-1444 S Richland St

Aspen Pointe Apartments

2007 Westview Dr

1339 W Lee St
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.

Arborwood Apartments

3215 Mars Hill St

1123 S Warman Ave

651 Birch Ave

6405 Kellum Dr

8149 Trevellian Way

701 W Hanna Ave

Ashgrove Apartments

Covington Square

Suncrest
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.

Murphy's Landing

Plaza at Central Greens

Creek Bay

Aspen Lakes

Southern Dunes

1434 S Moreland Ave

Stone Ridge Flats and Townhomes

Windsor Park

Bluff Crossing Apartments

354 S Biltmore Ave
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.

354 S Biltmore Ave

Cloverleaf Apartments & Townhomes

Remington on Rockville

Valley Brook MHC

The Oasis

Dakota Ridge

The Steeples on Washington

Lighthouse Landings

55 S Harding St

2517 S McClure St
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.
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 | $1,079 | $750 | $1,709 |
| 46221 1 Bedroom Apartments | $1,144 | $778 | $1,410 |
| 46221 2 Bedroom Apartments | $1,362 | $775 | $1,884 |
| 46221 3 Bedroom Apartments | $1,666 | $1,200 | $3,468 |
| 46221 4 Bedroom Apartments | $1,445 | $1,095 | $1,726 |
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 $899 at The Fairways at Valle Vista.
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 Yorktowne Farms Community and starts from $1,375.
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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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.