
Cheap Apartments for Rent in the 46237 ZIP Code of Indianapolis, IN from $300 (68 Rentals)
Search the lowest-cost Apartments available for rent right now in the 46237 ZIP Code area of Indianapolis.


Encore Apartments

Keeneland Crest Apartments

Sawmill Apartments

Strawbridge Green

Sherman Village

Emerson Village

Overlook at Valley Ridge Apartments

Sundance Apartments

Latitudes Apartments
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.

Lakes of Windsor

The Timbers Apartments

Pleasant Run Senior Apartments

ARLO Apartments

3914 S Olney St

Farhill Lake Apartments

Ninth Avenue Apartments

Grand Oaks

Alder Woods

5508 Meckes Ln
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.

3321 Eastwind Ct

Berkley Commons

5700 Madison Apartments & Edgewood on Madison

One Somerset

Sherbrook

Fox Club

SOUTHPORT AT BUCK CREEK

Churchman Woods

Greentree Apartments

Parc Bordeaux Apartments
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.

Beech Meadow Apartments

Buckridge at Southport

Park View at Beech Grove

Beech Tree Glen Apartments

2905 Tindall St

The Sycamores

Willow Glen South

Cherry Glen

The Brixton

Autumn Chase
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.

Oak Park

Kinwood Place

The Jacob

2121-2123 Fairfax Rd

Arlington Farms

South Haven Village Apartments

2543 Fairfax Rd

Francis Apartments

Beech Grove Place Apartments

Rosedale Hills
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 46237?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 46237 Studio Apartments | $1,082 | $765 | $1,360 |
| 46237 1 Bedroom Apartments | $1,249 | $725 | $4,234 |
| 46237 2 Bedroom Apartments | $1,494 | $775 | $4,352 |
| 46237 3 Bedroom Apartments | $1,834 | $1,045 | $5,771 |
| 46237 4 Bedroom Apartments | $1,675 | $1,503 | $1,824 |
Browse Apartments in the 46237 Zip Code of Indianapolis
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Frequently Asked Questions about Cheap the 46237 ZIP Code Apartments
What is the Cheapest Studio apartment in 46237?
Currently the most affordable Cheap Studio Apartment in 46237 is at LINCOLN PARK APARTMENTS listed at $645.
How much is rent for a Cheap One Bedroom 46237 Apartment?
The lowest price for a Cheap One Bedroom 46237 Apartment is $829 at Spanish Oaks.
What is the lowest price for a Cheap Two Bedroom 46237 Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in 46237 is starting from $999 at Cumberland Manor.
What is the most affordable 46237 Three Bedroom Apartment?
The best deal on a cheap 46237 Three Bedroom Apartment rental is at Crosswinds and starts from $1,254.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.