Cheap Apartments for Rent in Marion County, IN from $400 (675 Rentals)

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

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The Sheldrake Apartments
$595 - $930
Total Monthly Price

Total Monthly Price

Base Rent
$595 - $930
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Contact Us For Availability

The Sheldrake Apartments

2258 N Meridian StIndianapolis, IN 46208
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Glenstone Studios
$649
Total Monthly Price

Total Monthly Price

Base Rent
$597
Required Monthly Fees
$52
Total Monthly Price
$649
Studio Apartments Available Now

Glenstone Studios

2215 E 56th StIndianapolis, IN 46220
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  • Utilities Included

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Dunbar Court
$665 - $925
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$665 - $925
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Studio to 1 Bedroom Apartments Contact Us For Availability

Dunbar Court

1022 Dr Martin Luther King StIndianapolis, IN 46202
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Elmtree Park
$675 - $2,495
Total Monthly Price

Total Monthly Price

Base Rent
$647 - $2,467
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Studio to 2 Bedroom Apartments Available Now

Elmtree Park

11023 Elmtree Park DrIndianapolis, IN 46229
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Dogwood Glen
$715 - $2,365
Total Monthly Price

Total Monthly Price

Base Rent
$702 - $2,352
Required Monthly Fees
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Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Dogwood Glen

2390 Woodglen DrIndianapolis, IN 46260
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The Meridian North and South
$724 - $1,384
Total Monthly Price

Total Monthly Price

Base Rent
$689 - $1,349
Required Monthly Fees
$35
Total Monthly Price
$724 - $1,384
Studio to 3 Bedroom Apartments Available Now

The Meridian North and South

2085 Waterford PlIndianapolis, IN 46260
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property at 3609 Balsam Ave

$725 - $737

Studio To 1 Bedroom Rentals

Available Apr 20

3609 Balsam Ave

IndianapolisIN46205

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Pinnacle West
Rent Specials
$759 - $1,529
Total Monthly Price

Total Monthly Price

Base Rent
$595 - $1,365
Required Monthly Fees
$164
Total Monthly Price
$759 - $1,529
Studio to 2 Bedroom Apartments Available Now

Pinnacle West

230 Welcome Way BlvdIndianapolis, IN 46214
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Cheapest Available Marion County Apartments for Rent

 

The cheapest available apartment rental in Marion County, IN is a 2 Beds unit found at Postbrook East Apartments in the Southeast Indianapolis neighborhood priced from $485. The Villages at Mill Crossing in the Martindale neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $545. Here is today’s list of the most affordable Marion County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Postbrook East Apartments2bd F2BR,1BA$485
The Villages at Mill Crossing2TH3050H2BR,1BA$545
East Village at Avondale Meadows ApartmentsB32BR,2BA$569
D&T Nest0 Bedroom 1 Bath - 23033Studio,1BA$575
The StratfordStudioStudio,1BA$620
Meridian TowersStudio ApartmentStudio,1BA$629
Hopeside I2.2-30%-H2BR,2BA$633
Glenstone StudiosStudioStudio,1BA$649
Volrath**Free Month of Rent ** 128 E Palmer St - Studio1BR,1BA$649
INDY FLATSSherwood Std DStudio,1BA$655

Best Value Apartments for Rent in Marion County, IN

As of April 01, 2026 the best value apartment in the Marion County area is the $0.97 price per square foot loft Model at Shoemaker Building in the in the Riley neighborhood starting from $1,750. The second greatest value Marion County apartment is the 2322 Guilford Ave Model at 2322 Guilford Ave, Unit A starting at $1,250 with a $0.83 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.
Shoemaker Buildingloft2BR,2BA$0.97
2322 Guilford Ave, Unit A2322 Guilford Ave3BR,1BA$0.83
1121 N Dearborn St, Unit 1121 N Dearborn1121 N Dearborn St2BR,1.5BA$0.81
605 N Rural St, Unit 605605 N Rural St3BR,1.5BA$0.90
Brookhaven Apartments2 Bed 1 Bath2BR,1BA$0.91
The Star2 Bed2BR,1BA$0.76
60 - ADDISON APARTMENTS2nd Floor Standard + W/D Hookups2BR,1BA$0.95
Canal Gardens2.1 40%2BR,1BA$0.93
Hopeside I2.2-40%-H2BR,2BA$0.96
The Davlan2-12BR,1BA$0.95

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 $655.

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

The cheapest apartment in Marion County is Volrath which is listed at $649, while the average apartment in Marion County costs $13,978.

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 645 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 $243 which is $13,735 cheaper than the average rent for all rentals in Marion County.

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.

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