
Cheap Apartments for Rent in the 46254 ZIP Code of Indianapolis, IN from $300 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in the 46254 ZIP Code area of Indianapolis.


Cambridge Commons

The Life at Wood Springs

Garden Pointe Apartments

The Life at Northwest Gardens

Scarborough Lake Apartments

Cross Creek Apartments

Woodbrook
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.

The Abby

Aspen Chase

Woodhaven Park

Deercross

The Woods of Eagle Creek

Lakeside Crossing at Eagle Creek Apartments and Townhomes

Eagle’s Edge

Total Monthly Price
Wylde at Eagle Creek
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.

Park at Eagle Creek

Eagle Chase

Three Fountains West Cooperative

Whispering Pines

Mayfield Green Cooperative

Guion Creek Apartments

Oakbrook Village

The George Apartment Homes
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.

4381 Village Parkway Cir W

Georgetown Woods Senior Apartments

Creekside Square Phase II

Enclave at Eagle Creek Apartments

6340 Commons Dr

4530 Village Ct

Astoria Park Apartment Homes

Idlewood Apartments
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.

Pier 39 Apartments & Townhomes

Villa Del Sol Apartments

3614 Donald Ave
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 | $807 | $725 | $1,290 |
| 46254 1 Bedroom Apartments | $1,018 | $644 | $1,885 |
| 46254 2 Bedroom Apartments | $1,357 | $574 | $2,504 |
| 46254 3 Bedroom Apartments | $1,600 | $740 | $2,484 |
| 46254 4 Bedroom Apartments | $2,399 | $2,399 | $2,399 |
Browse Apartments in the 46254 Zip Code of Indianapolis
Explore Indianapolis

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 $925 at University Courtyard.
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 $1,065 at University Gateway.
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 $1,397.
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.