Cheap Homes for Rent in Marion County, IN from $300 (261 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
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 117 E Palmer St

117 E Palmer St

IndianapolisIN46225

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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.

property at 340 Prospect St

340 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.

property at 6240 E 11th St

6240 E 11th St

IndianapolisIN46219

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 10, 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$0.91
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 Marion County

What type of rentals are currently available in Marion County?

There are currently 1386 Apartments for Rent in Marion County, IN with pricing that ranges from $515 to $8,693. There are also 1318 Single Family Homes for rent, Condos, and Townhome rentals currently available in Marion County ranging from $330 to $6,500.

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 $330 to $6,500 with an average monthly rent of $1,860.

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 $801 to $5,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $4,500. Four Bedroom Single-Family rentals are also available starting from $500 and Four Bedroom Apartments start at $550.

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 The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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.