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Cheap Apartments in Indianapolis, IN

1 - 30 of 180 Results
24
$750
Draper St
Indianapolis, IN
1 BR | Ask for Availability
Contact
21
$750
S Farnsworth St
Indianapolis, IN
1 BR | Ask for Availability
Contact
4
$750
Zwingley St
Indianapolis, IN
1 BR | Ask for Availability
Contact
9
$745
Meredith Ave
Indianapolis, IN
1 BR | Ask for Availability
Contact
2
3D Tour
$544 - 804
The Woods At Oak Crossing
Deal
2.7
3120 Nobscot Dr Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Covered Parking
2
$540 - 799
Capital Place Apartments
4100 Continental Ct Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Balcony/Deck/Patio
Storage
12
$769 - 1,023
Vistas Apartments
1366 N Arlington Ave Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Storage
23
$616 - 1,139
Groves Apartments
5018 Lemans Dr Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Fitness Center
15
$747 - 1,093
Cedars Apartments
3417 N Rybolt Ave Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
16
$790 - 1,091
Fields Apartments
3215 N Alton Ave Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
19
$777 - 1,063
Hills Apartments
5500 Pleasant Hill Circle Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
Dishwasher
28
$770 - 818
34 North Apartments
3402 N Meridian St Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Income Restricted
Air Conditioning
Fitness Center
Storage
15
$749 - 796
Lakes At Crossbridge
2.8
7925 Crossbridge Dr Downtown Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Income Restricted
Air Conditioning
Fitness Center
15
$715 - 1,097
Vineyards Apartments
10101 E Montery RD Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Balcony/Deck/Patio
15
$757 - 1,045
Meadows Apartments
5505 Scarlet Drive Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Storage
9
$870
Reserve At White River
3.8
2774 Pixel Road Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Senior Community
Luxury
Air Conditioning
14
$756 - 1,079
Prairies Apartments
4555 N Arlington Ave Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
Covered Parking
Balcony/Deck/Patio
25
$458 - 818
The Enclave At Meridian Apartments
3.2
3777 N Meridian St Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Income Restricted
Fitness Center
Dishwasher
12
$700 - 800
Stone Lake
Deal
2913 E Hanna Ave Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
24
$600 - 829
Marten Court Apartments
3.4
7852 Marten Ct Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dishwasher
23
$840
South & Madison
Deal
1834 Madison Village Dr Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
12
$549 - 899
Covington Square Apartments
Deal
115 S. High School Rd. Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
12
$774 - 969
Scarborough Lake Apartments
6430 Maidstone Road Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Pool
14
$702 - 986
Pangea Vineyards
10101 E Montery Rd Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
39
$844 - 859
Reflections Apartments
7999 Silverleaf Dr Indianapolis, IN
Studio | Jun. 13, 2024
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
In Unit Laundry
11
$749 - 960
Sherbrook
8026 Mcfarland Court Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Balcony/Deck/Patio
19
$ Ask - 1,689
Country Lake Townhomes
2910 A White Knight Blvd Indianapolis, IN
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
Air Conditioning
Balcony/Deck/Patio
9
$800
1102-04 N Parker
Indianapolis, IN
2 BR | Ask for Availability
Contact
Storage
Disability Access
5
$770
Garden Pointe Apartments
5005 Lily Ln Indianapolis, IN
Studio | Jun. 14, 2024
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
15
$825
28-30 N Lasalle St
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1 - 30 of 180 Results
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Frequently Asked Questions

How many cheap apartments are available in Indianapolis, IN on Rentable.co?

There are 180 cheap apartments in Indianapolis currently available for rent on Rentable.co.

What is the average rent for a cheap apartment in Indianapolis, IN?

The average monthly rent for a cheap apartment in Indianapolis is about $300.

How many studio cheap apartments are available in Indianapolis?

Rentable.co has 47 studio cheap apartments available for rent in Indianapolis.

How many one-bedroom cheap apartments are available in Indianapolis?

Rentable.co has 136 one-bedroom cheap apartments available for rent in Indianapolis.

How many two-bedroom cheap apartments are available in Indianapolis?

Rentable.co has 290 two-bedroom cheap apartments available for rent in Indianapolis.

Can I afford a cheap apartment in Indianapolis, IN?

To comfortably afford a cheap apartment in Indianapolis based on average rent prices, a household would need an annual income of $12,000.

Which neighborhoods have the most cheap apartments for rent in Indianapolis, IN?

  1. Downtown Indianapolis
  2. Upper Canal

Cheap Apartments in Indianapolis, IN: June Rental Information

Welcome to the June 2024 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 2024 key findings and figures for the Indianapolis rental landscape.

Our experts analyze the inventory trends for apartments with affordable prices — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Indianapolis and surrounding areas. This summary also provides insights into available features and amenities, as well as location options for cheap apartments in Indianapolis.

Renters looking for affordable housing options will find valuable information in this report to help them make informed decisions about their next rental in Indianapolis. Keep reading to discover the current rent prices and availability for cheap apartments in Indianapolis.
0 15 30 45 60 <$700 $720 $760 $800 $840 $880 $920 $960 $1,000 $1,040 $1,080 $1,120 $1,160 $1,200 $1,240 $1,280 $1,320 $1,360 $1,400 $1,440 $1,480

Available Cheap Apartments: Indianapolis vs. Surrounding Areas

Indianapolis, IN
Greenwood, IN
35
3
The chart above displays the number of available cheap apartments in Indianapolis, IN, and the surrounding cities as of June, 2024. This information is valuable for individuals searching for affordable housing options in this area. The chart includes data for nearby cities, Westfield, Speedway, Whiteland, Cumberland, Avon, Danville, Plainfield, McCordsville, Meridian Hills, Brownsburg, Fishers, Carmel, Noblesville, Greenfield, Lawrence, Greenwood, Lebanon, Bargersville, Camby, Cicero, North Salem, Whitestown, Zionsville, Fortville, Ingalls, Hendricks, Beech Grove, Pittsboro, and New Palestine, to provide a comprehensive overview of the affordable rental market in the Indianapolis metro area. The total inventory of available cheap apartments in the metro area is 18, giving prospective renters a good sense of the options available to them.

Cheap Apartments Now vs. Last Month: Indianapolis and Surrounding Areas

City Cheap Apartments in June M/M % Change
Indianapolis, IN 36 +1.01%
Greenwood, IN 3 +1.0%
Lebanon, IN 2 +1.2%
Avon, IN 1 +1.0%
Greenfield, IN 1 +1.0%
McCordsville, IN 1 +1.0%
Noblesville, IN 1 +1.0%
Brownsburg, IN 1 +1.0%
Carmel, IN 1 +1.0%

Looking for Cheap Apartments in Indianapolis?

Available cheap apartments 546
Top amenities Dishwasher, Refrigerator, Range / Oven, Microwave, High Speed Internet
Pet friendly 21
Utilities included 1
Studio 6
1 Bedroom 10
2 Bedroom 15
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