Cheap Apartments for Rent in Marion County, IN from $300 (574 Rentals)

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Search the lowest-cost Apartments available for rent right now in Marion County.

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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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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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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Cheapest Available Marion County Apartments for Rent

 

The cheapest available apartment rental in Marion County, IN is a Studio unit found at The Stella in the Near North Indianapolis neighborhood priced from $370. Vivio on Tenth in the Bos neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $600. Here is today’s list of the most affordable Marion County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The StellaSol 30%Studio,1BA$370
Vivio on Tenth4x2-11584BR,2BA$600
The StratfordStudioStudio,1BA$610
Glenstone StudiosStudioStudio,1BA$649
Stone Lake1X11BR,1BA$650
East Village at Avondale Meadows ApartmentsC13BR,2BA$662
Country Club ApartmentsStudioStudio,1BA$699
Oxmoor Indy1BR/1.0BA1BR,1BA$699
Meridian TowersStudio ApartmentStudio,1BA$699
The Aerie on 11th Street6260 East 11th Street - Apt 3072BR,1BA$700

Best Value Apartments for Rent in Marion County, IN

As of May 29, 2025 the best value apartment in the Marion County area is the $0.89 price per square foot 2 Bedroom Townhome Model at SOUTHPORT AT BUCK CREEK in the in the Thompson-Edgewood neighborhood starting from $1,239. The second greatest value Marion County apartment is the Glen Ridge 2 Bedroom Townhome Model at Glen Ridge Manor Townhomes and Flats starting at $1,010 with a $0.87 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for Marion County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
SOUTHPORT AT BUCK CREEK2 Bedroom Townhome2BR,1.5BA$0.89
Glen Ridge Manor Townhomes and FlatsGlen Ridge 2 Bedroom Townhome2BR,1BA$0.87
60 - ADDISON APARTMENTS1st Floor Remodel + W/D Hookups2BR,1BA$0.95
Timber Point ApartmentsThe Bonelli2BR,2BA$0.98
Brookhaven Apartments1 Bed 1 Bath1BR,1BA$0.91
Hopeside I2.2-50%2BR,2BA$0.81
The Aerie on 11th Street6260 East 11th Street - Apt 3052BR,1BA$0.82
Courts Apartments2 Bedroom 1 Bathroom Apartment2BR,1BA$0.97
Oxmoor Indy1BR/1.0BA1BR,1BA$1.00
Stone Lake1X11BR,1BA$1.00

Frequently Asked Questions about Cheap Marion County Apartments

What is a cheap apartment in Marion County?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Marion County is under $700.

What is the price of a cheap apartment in Marion County?

The cheapest apartment in Marion County is The Stella which is listed at $398, while the average apartment in Marion County costs $2,372.

What types of apartments are the cheapest in Marion County?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 142 regular apartments in Marion County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Marion County?

Cheap apartments in Marion County have an average cost of $116 which is $2,256 cheaper than the average rent for all rentals in Marion County.

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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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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.