Cheap Apartments for Rent in the 46240 ZIP Code of Indianapolis, IN from $300 (30 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 46240 ZIP Code area of Indianapolis.

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.

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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.

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Carlyle Court
2 Bedroom Apartments

Carlyle Court

951 Carlyle LnIndianapolis, IN 46240
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Crestwood Village North
Studio to 2 Bedroom Apartments

Crestwood Village North

9225 Garrison DrIndianapolis, IN 46240
Senior Living
  • Utilities Included

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.

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Northview
1 Bedroom Apartments

Northview

8607 Cholla RdIndianapolis, IN 46240
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Shore Acres
1 to 2 Bedroom Apartments

Shore Acres

1105 Westfield Ct WIndianapolis, IN 46240
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VITRA Apartments
1 to 2 Bedroom Apartments

VITRA Apartments

8785 Keystone XingIndianapolis, IN 46240

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.

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Indianapolis, IN Local Guide

Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Frequently Asked Questions about Cheap the 46240 ZIP Code Apartments

What is the Cheapest Studio apartment in 46240?

Currently the most affordable Cheap Studio Apartment in 46240 is at 60 On The Square: A place live and work. listed at $299.

How much is rent for a Cheap One Bedroom 46240 Apartment?

The lowest price for a Cheap One Bedroom 46240 Apartment is $860 at Stafford Pointe.

What is the lowest price for a Cheap Two Bedroom 46240 Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in 46240 is starting from $1,015 at Stafford Pointe.

What is the most affordable 46240 Three Bedroom Apartment?

The best deal on a cheap 46240 Three Bedroom Apartment rental is at Horizons Apartments and starts from $1,305.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.