Cheap Apartments for Rent in Marion County, IN from $400 (733 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
$595 - $930
Studio to 2 Bedroom Apartments Contact Us For Availability

The Sheldrake Apartments

2258 N Meridian StIndianapolis, IN 46208
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  • Utilities Included
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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
Total Monthly Price

Total Monthly Price

Base Rent
$665 - $925
Total Monthly Price
$665 - $925
Studio to 1 Bedroom Apartments Available Now

Dunbar Court

1022 Dr Martin Luther King StIndianapolis, IN 46202
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The Meridian North and South
$699 - $1,612
Total Monthly Price

Total Monthly Price

Base Rent
$621 - $1,534
Required Monthly Fees
$78
Total Monthly Price
$699 - $1,612
Studio to 3 Bedroom Apartments Available Now

The Meridian North and South

2085 Waterford PlIndianapolis, IN 46260
Corporate Housing
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Dogwood Glen
$725 - $2,340
Total Monthly Price

Total Monthly Price

Base Rent
$712 - $2,327
Required Monthly Fees
$13
Total Monthly Price
$725 - $2,340
Studio to 2 Bedroom Apartments Available Mar 13

Dogwood Glen

2390 Woodglen DrIndianapolis, IN 46260
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property at 3609 Balsam Ave

$695 - $725

Studio To 1 Bedroom Rentals

Available Now

3609 Balsam Ave

IndianapolisIN46205

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Elmtree Park
$750 - $2,160
Total Monthly Price

Total Monthly Price

Base Rent
$722 - $2,132
Required Monthly Fees
$28
Total Monthly Price
$750 - $2,160
Studio to 2 Bedroom Apartments Available Now

Elmtree Park

11023 Elmtree Park DrIndianapolis, IN 46229
Corporate Housing
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property at 1254 W 23rd St

$750 - $795

1 To 2 Bedroom Rentals

Available Now

1254 W 23rd St

IndianapolisIN46208
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Pinnacle West
$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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Garden Pointe Apartments
Rent Specials
$765 - $1,380
Total Monthly Price

Total Monthly Price

Base Rent
$681 - $1,296
Required Monthly Fees
$84
Total Monthly Price
$765 - $1,380
Studio to 2 Bedroom Apartments Available Now

Garden Pointe Apartments

5005 Lily LnIndianapolis, IN 46254
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Showing Results 1-50, Page 1 of 15

Cheapest Available Marion County Apartments for Rent

 

The cheapest available apartment rental in Marion County, IN is a 2 Beds unit found at East Village at Avondale Meadows Apartments in the Martindale neighborhood priced from $579. The Stratford in the Cheswick Place neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $620. Here is today’s list of the most affordable Marion County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
East Village at Avondale Meadows ApartmentsB32BR,2BA$579
The StratfordStudioStudio,1BA$620
Meridian TowersStudio ApartmentStudio,1BA$629
Glenstone StudiosStudioStudio,1BA$649
Volrath**Free Month of Rent ** 128 E Palmer St - Studio1BR,1BA$649
INDY FLATSSherwood Std DStudio,1BA$655
Dunbar CourtStudioStudio,1BA$665
Union at 16th1 Bed 1 Bath1BR,1BA$684
Oxmoor Indy1BR/1.0BA1BR,1BA$699
The Meridian North and SouthA2S South1BR,1BA$699

Best Value Apartments for Rent in Marion County, IN

As of February 15, 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
Brookhaven Apartments2 Bed 1 Bath2BR,1BA$0.91
Stanford CourtTwo Bedroom Two Bathroom (C3)2BR,2BA$0.97
7 Pointe ApartmentsGarnet2BR,2BA$1.01
The Star2 Bed2BR,1BA$0.76
1 & 2 Bedroom Apartments in Downtown Indianapolis - Meridian Plaza Awaits You!*Meridian Plaza*2BR,1BA$0.92
60 - ADDISON APARTMENTS2nd Floor Standard + W/D Hookups2BR,1BA$0.95
Canal Gardens2.1 40%2BR,1BA$0.93
Oxmoor Indy1BR/1.0BA1BR,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 $699.

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 $9,603.

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 629 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 $238 which is $9,365 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.

Articles, How-To's, and Tips

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Renting with Roommates: Realistic Expectations for Shared Lease

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Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.