Cheap Homes for Rent in Marion County, IN from $300 (126 Rentals)

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

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.

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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.

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property at 4643 Rookwood Ave

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750

3 Bedroom, 1.5 Bath Home for Rent

Available Now

4643 Rookwood Ave

IndianapolisIN46208
property at 4720 Munter Ln

$765 - $800

Total Monthly Price

Total Monthly Price

Base Rent
$765 - $800
Total Monthly Price
$765 - $800

1 Bedroom, 1 Bath Home for Rent

Available Now

4720 Munter Ln

IndianapolisIN46218

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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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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Showing Results 1-50, Page 1 of 3

Cheapest Available Marion County Apartments for Rent

 

The cheapest available apartment rental in Marion County, IN is a 2 Beds unit found at The Villages at Mill Crossing in the Martindale neighborhood priced from $545. East Village at Avondale Meadows Apartments in the Martindale neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $569. Here is today’s list of the most affordable Marion County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Villages at Mill Crossing2THSFL2BR,1BA$545
East Village at Avondale Meadows ApartmentsB32BR,2BA$569
Meridian TowersStudio ApartmentStudio,1BA$629
Volrath**Free Month of Rent ** 128 E Palmer St - Studio1BR,1BA$649
Glenstone StudiosStudioStudio,1BA$649
New BridgeStudio - The EnclaveStudio,1BA$649
INDY FLATSSherwood Std DStudio,1BA$655
Serenity Manor 55+ Independent Active Living1 Bedroom/1 Bathroom1BR,1BA$699
Maple Creek VillageStudioStudio,1BA$700
Maple Court Apartments - Where City Convenience Meets Neighborhood Charm!StudioStudio,1BA$725

Best Value Apartments for Rent in Marion County, IN

As of May 22, 2026 the best value apartment in the Marion County area is the $0.93 price per square foot 1134 N Dearborn St Model at 1134 N Dearborn St, Unit B in the in the Martindale neighborhood starting from $1,400. The second greatest value Marion County apartment is the 2 Bedroom 2 Bathroom Model at Mariners Village Apartments starting at $1,146 with a $0.86 price per square foot in the Timberview 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.
1134 N Dearborn St, Unit B1134 N Dearborn St3BR,1BA$0.93
Mariners Village Apartments2 Bedroom 2 Bathroom2BR,2BA$0.86
Brookhaven Apartments2 Bed 1 Bath2BR,1BA$0.89
Glen Ridge Manor Townhomes and Flats (Indy Town)Glen Ridge 2 Bedroom Townhome2BR,1BA$0.94
The Star2 Bed2BR,1BA$0.76
Oxmoor Indy3BR/1.0BA3BR,1BA$1.00
60 - ADDISON APARTMENTSAddison Apts - Gorgeous 2 Bed/1 Bath Apt2BR,1BA$0.96
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 Marion County

What type of rentals are currently available in Marion County?

There are currently 1407 Apartments for Rent in Marion County, IN with pricing that ranges from $544 to $15,158. There are also 1020 Single Family Homes for rent, Condos, and Townhome rentals currently available in Marion County ranging from $320 to $10,000.

What is the current price range for Rental Homes in Marion County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Marion County ranges from $320 to $10,000 with an average monthly rent of $1,846.

How much are larger Three and Four Bedroom Rentals in Marion County?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Marion County range from $626 to $6,477, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $6,000. Four Bedroom Single-Family rentals are also available starting from $1,295 and Four Bedroom Apartments start at $600.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.