Cheap Homes for Rent in Marion County, IN from $300 (343 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

property at 1421 E Edwards Ave

$720

Total Monthly Price

Total Monthly Price

Base Rent
$720

Total Monthly Price
$720

1 Bedroom, 1 Bath Home for Rent

Available Aug 1

1421 E Edwards Ave

IndianapolisIN46227
property at 336 Prospect St

$745 - $845

1 Bedroom Rentals

Available Now

336 Prospect St

IndianapolisIN46225

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.

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.

property at 1518 Howard St

$800 - $1,350

1 To 3 Bedroom Rentals

Available Now

1518 Howard St

IndianapolisIN46221

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.

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
Oxmoor Indy1BR/1.0BA1BR,1BA$699
King's Reserve College Park 55+ Active LivingStudio KingStudio,1BA$699
Maple Creek VillageStudioStudio,1BA$700
Cambridge CommonsStudioStudio,1BA$705

Best Value Apartments for Rent in Marion County, IN

As of February 21, 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
The Grove on 79th2 Bed 2.5 Bath Apartment - Classic2BR,2.5BA$0.98
Brookhaven Apartments2 Bed 1 Bath2BR,1BA$0.91
7 Pointe ApartmentsGarnet2BR,2BA$1.01
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
Strawbridge GreenEmerson2BR,1BA$0.99
Oxmoor Indy1BR/1.0BA1BR,1BA$1.00

Frequently Asked Questions about Marion County

What type of rentals are currently available in Marion County?

There are currently 1453 Apartments for Rent in Marion County, IN with pricing that ranges from $497 to $17,882. There are also 1300 Single Family Homes for rent, Condos, and Townhome rentals currently available in Marion County ranging from $295 to $15,000.

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 $295 to $15,000 with an average monthly rent of $1,662.

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 $795 to $8,230, while Three Bedroom Homes, Condos, and Townhomes for rent range from $945 to $15,000. Four Bedroom Single-Family rentals are also available starting from $1,230 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 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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

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.