
Cheap Apartments for Rent in the 46254 ZIP Code of Indianapolis, IN from $300 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in the 46254 ZIP Code area of Indianapolis.


Rosewood Commons

Cambridge Commons

Scarborough Lake Apartments

Garden Pointe Apartments

The Life at Wood Springs

Cross Creek Apartments

The Life at Creekside Reserve
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.

Woodbrook

Woodhaven Park

Total Monthly Price
Wylde at Eagle Creek

The Abby

Aspen Chase

Deercross

The Woods of Eagle Creek

Eagle’s Edge
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.

Lakeside Crossing at Eagle Creek Apartments and Townhomes

Park at Eagle Creek

Eagle Chase

Three Fountains West Cooperative

Whispering Pines

Mayfield Green Cooperative

Guion Creek Apartments

Oakbrook Village
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

The George Apartment Homes

Enclave at Eagle Creek Apartments

Georgetown Woods Senior Apartments

Creekside Square Phase II

6340 Commons Dr

Astoria Park Apartment Homes

Idlewood Apartments

Pier 39 Apartments & Townhomes
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.

Villa Del Sol Apartments
Indianapolis, IN Local Guide

How much does it cost to rent an apartment in 46254?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 46254 Studio Apartments | $805 | $755 | $903 |
| 46254 1 Bedroom Apartments | $997 | $644 | $2,058 |
| 46254 2 Bedroom Apartments | $1,339 | $574 | $2,442 |
| 46254 3 Bedroom Apartments | $1,594 | $740 | $2,842 |
| 46254 4 Bedroom Apartments | $2,399 | $2,399 | $2,399 |
Browse Apartments in the 46254 Zip Code of Indianapolis
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Frequently Asked Questions about Cheap the 46254 ZIP Code Apartments
What is the Cheapest Studio apartment in 46254?
Currently the most affordable Cheap Studio Apartment in 46254 is at Chicane Apartments at the Riverwalk listed at $1,295.
How much is rent for a Cheap One Bedroom 46254 Apartment?
The lowest price for a Cheap One Bedroom 46254 Apartment is $895 at Rosewood Patio Homes.
What is the lowest price for a Cheap Two Bedroom 46254 Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in 46254 is starting from $1,125 at Village at Rexburg.
What is the most affordable 46254 Three Bedroom Apartment?
The best deal on a cheap 46254 Three Bedroom Apartment rental is at Black Feather Apartments and starts from $1,295.
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

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.