
Cheap Apartments for Rent in the 46227 ZIP Code of Indianapolis, IN from $300 (72 Rentals)Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the 46227 ZIP Code area of Indianapolis.


4847 Mt Vernon Dr

1810 S Edgecombe Ave

3241 Remington Dr

Sawmill Apartments

Ninth Avenue Apartments

Sherman Village

Strawbridge Green
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Willow Glen South

3050 S State Ave

2905 E Murry St

2912 E Murry St

3018 Alice Ave
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

3419 S Parker Ave

1131 Anthony Ct
Indianapolis, IN Local Guide

How much does it cost to rent an apartment in 46227?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 46227 Studio Apartments | $1,001 | $665 | $1,325 |
| 46227 1 Bedroom Apartments | $1,067 | $700 | $1,650 |
| 46227 2 Bedroom Apartments | $1,256 | $775 | $1,913 |
| 46227 3 Bedroom Apartments | $1,508 | $1,085 | $2,200 |
| 46227 4 Bedroom Apartments | $1,633 | $1,575 | $1,725 |
Browse Apartments in the 46227 Zip Code of Indianapolis
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Frequently Asked Questions about Cheap the 46227 ZIP Code Apartments
What is the Cheapest Studio apartment in 46227?
Currently the most affordable Cheap Studio Apartment in 46227 is at Waterbury Apartments listed at $775.
How much is rent for a Cheap One Bedroom 46227 Apartment?
The lowest price for a Cheap One Bedroom 46227 Apartment is $750 at 403 E Washington St.
What is the lowest price for a Cheap Two Bedroom 46227 Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in 46227 is starting from $999 at Martin Estates Apartments.
What is the most affordable 46227 Three Bedroom Apartment?
The best deal on a cheap 46227 Three Bedroom Apartment rental is at Summit Pointe and starts from $1,286.
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
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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.

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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.

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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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
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Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
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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
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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
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Everything is a negotiation in real estate!






