
Cheap Apartments for Rent in the 46221 ZIP Code of Indianapolis, IN from $300 (60 Rentals)
Search the lowest-cost Apartments available for rent right now in the 46221 ZIP Code area of Indianapolis.


The Assumption on Blaine

Horizons Apartments

4012 Mann Rd

Home Place Senior Living

1247 W Lee St

Mann Village Apartments

Alpine Studios

Arborwood Apartments

3154 Foltz 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.

1518 Howard St

Deerfield Acres

Rand House Apartments

661 Birch Ave

1445 W Lee St

Aspen Pointe Apartments

1133 S Richland St

1135 S Richland St

4901 Guthrie Dr

1437 Kappes 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.

1849 Westview Dr

649 Birch Ave

8149 Trevellian Way

Ashgrove Apartments

8231 Bold Forbes Ct

3047 Foltz St

1918 W Washington St

1918 W Washington St

Plaza at Central Greens

4826 W Raymond St
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

The Oasis

Murphy's Landing

802 Waldemere Ave

2861 S Roena St

Furnished Studio-Indianapolis - West

1918 W Washington St

7309 Rockleigh Ave

2752 S Rybolt Ave

Covington Square
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Southern Dunes

Aspen Lakes

Creek Bay

Stone Ridge Flats and Townhomes

Bluff Crossing Apartments

734 S Whitcomb Ave

4509 Phoenix Dr

Cloverleaf Apartments & Townhomes

Remington on Rockville

Valley Brook MHC
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 | $1,295 | $750 | $1,680 |
| 46221 1 Bedroom Apartments | $1,144 | $775 | $1,600 |
| 46221 2 Bedroom Apartments | $1,405 | $945 | $3,090 |
| 46221 3 Bedroom Apartments | $1,614 | $1,040 | $2,512 |
| 46221 4 Bedroom Apartments | $1,726 | $925 | $1,921 |
Browse Apartments in the 46221 Zip Code of Indianapolis
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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 $750 at 403 E Washington St.
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 $946 at Auburn Place.
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.
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!