Cheap Apartments for Rent in Marion County, IN from $300 (610 Rentals)

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

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property at 1038 W Roache St

1038 W Roache St

IndianapolisIN46208

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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 34 North Apartments in the Martindale neighborhood priced from $515. The Stratford in the Cheswick Place neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $520. Here is today’s list of the most affordable Marion County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
34 North ApartmentsStudio, 1 bathStudio,1BA$515
The StratfordStudioStudio,1BA$520
Hopeside I2.2-40%-H2BR,2BA$565
East Village at Avondale Meadows ApartmentsB32BR,2BA$579
Dogwood GlenStudio 1 BathStudio,1BA$620
Meridian TowersStudio ApartmentStudio,1BA$629
Elmtree ParkStudio 1 BathStudio,1BA$635
Glenstone StudiosStudioStudio,1BA$649
5700 Madison Apartments & Edgewood on MadisonEdgewood - CypressStudio,1BA$665
Heathmoore - IndianapolisStudio 1 BathStudio,1BA$675

Best Value Apartments for Rent in Marion County, IN

As of September 07, 2025 the best value apartment in the Marion County area is the $0.89 price per square foot 3 bedroom Townhouse Model at Bristol Square in the in the Southeast Indianapolis neighborhood starting from $1,225. The second greatest value Marion County apartment is the 1121 N Dearborn St Model at 1121 N Dearborn St, Unit 1121 N Dearborn starting at $1,150 with a $0.85 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.
Bristol Square3 bedroom Townhouse3BR,2.5BA$0.89
1121 N Dearborn St, Unit 1121 N Dearborn1121 N Dearborn St2BR,1.5BA$0.85
5831 Suburban Dr, Unit Studio A5831 Suburban DrStudio ,1BA$0.90
Brookhaven Apartments2 Bed 1 Bath2BR,1BA$0.89
Glen Ridge Manor Townhomes and FlatsGlen Ridge 2 Bedroom Townhome2BR,1BA$0.83
The Star2 Bed2BR,1BA$0.85
Indy Town ApartmentsFrederick Square 2 bedroom2BR,1BA$0.93
Canal Gardens2.1 40%2BR,1BA$0.93
Hopeside I2.2-40%2BR,2BA$0.62
The Aerie on 11th Street6240 East 11th Street - Apt 2022BR,1BA$0.82

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 $675.

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

The cheapest apartment in Marion County is Oxmoor Indy which is listed at $699, while the average apartment in Marion County costs $8,228.

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 254 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 $275 which is $7,953 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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.