
Cheap Apartments for Rent in the 46239 ZIP Code of Indianapolis, IN from $300 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the 46239 ZIP Code area of Indianapolis.


Stonehenge

Total Monthly Price
Indy 7925
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.

Total Monthly Price
The 85Twenty

Franklin Cove

7302 East Washington Street, Unit A
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.

16 S Galeston Ave
Indianapolis, IN Local Guide

How much does it cost to rent an apartment in 46239?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 46239 Studio Apartments | $950 | $875 | $1,250 |
| 46239 1 Bedroom Apartments | $1,097 | $850 | $1,448 |
| 46239 2 Bedroom Apartments | $1,358 | $1,075 | $1,659 |
| 46239 3 Bedroom Apartments | $1,735 | $1,564 | $2,150 |
Browse Apartments in the 46239 Zip Code of Indianapolis
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Frequently Asked Questions about Cheap the 46239 ZIP Code Apartments
How much is rent for a Cheap One Bedroom 46239 Apartment?
The lowest price for a Cheap One Bedroom 46239 Apartment is $675 at Academy Place Apartments.
What is the lowest price for a Cheap Two Bedroom 46239 Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in 46239 is starting from $725 at The Annex of Columbus.
What is the most affordable 46239 Three Bedroom Apartment?
The best deal on a cheap 46239 Three Bedroom Apartment rental is at Knightstown Villas and starts from $1,175.
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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.