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Cheap Apartments in Indianapolis, IN

1 - 30 of 208 Results
8
$805
Forty-Six Flats
2511 E 46th St Indianapolis, IN
1 BR | Feb. 1, 2025
Contact
Dog Friendly
Cat Friendly
Luxury
Income Restricted
Air Conditioning
9
$634
Meredith Ave
Indianapolis, IN
1 BR | Ask for Availability
Contact
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
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
12
$549 - 899
Covington Square Apartments
115 S. High School Rd. Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
23
$840 - 887
South & Madison
Deal
1834 Madison Village Dr Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
15
$765 - 860
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
53
$784 - 1,673
Hills Apartments
5500 Pleasant Hill Circle Indianapolis, IN
1 - 2 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
48
$768 - 1,635
Fields Apartments
3215 N Alton Ave Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
25
$458
The Enclave At Meridian Apartments
3.2
3777 N Meridian St Indianapolis, IN
Studio | Available Now
Contact
Income Restricted
Fitness Center
Dishwasher
63
$732 - 1,616
The Pines at SoBro
5018 Lemans Dr Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Fitness Center
14
$837 - 1,550
Riverside Apartments
2638 Cold Spring Manor Dr Indianapolis, IN
2 BR | Feb. 14, 2025
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Dishwasher
45
$840 - 1,598
Vistas Apartments
1366 N Arlington Ave Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Storage
37
$747 - 1,440
Courts Apartments
4417 Linwood Ct Indianapolis, IN
2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
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
29
$796 - 1,613
Cedars Apartments
3417 N Rybolt Ave Indianapolis, IN
1 BR | Feb. 14, 2025
Contact
Dog Friendly
Cat Friendly
Covered Parking
56
$698 - 1,712
Prairies Apartments
4555 N Arlington Ave Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
Covered Parking
Balcony/Deck/Patio
32
$728 - 1,360
Meadows Apartments
5505 Scarlet Drive Indianapolis, IN
1 BR | Jan. 15, 2025
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Storage
24
$650 - 750
Marten Court Apartments
3.4
7852 Marten Ct Indianapolis, IN
2 BR | Apr. 1, 2025
Contact
Dishwasher
12
$875
Priscilla On Pennsylvania
1309 N Pennsylvania Ave Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Storage
Disability Access
1
$875
6933 Buckridge West Dr
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Fitness Center
Storage
6
$725
Central State Mansion
202 Steeples Blvd Indianapolis, IN
1 BR | Dec. 30, 2024
Contact
Dog Friendly
Cat Friendly
13
$839
5220 Luzzane Ln
Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Surface Parking
Balcony/Deck/Patio
67
$876
Lawrence Senior Apartments
8301 E 46th St Indianapolis, IN
1 BR | Available Now
Contact
Surface Parking
Fitness Center
Dishwasher
19
$825
Historic Audubon Court
5703 E Washington Indianapolis, IN
1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
11
$749
202 - Biltmore Associates, Llc
3540 N Meridian St Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
48
$831
Eagledale Senior Apartments
2930 Lafayette Rd Indianapolis, IN
Studio | Available Now
Contact
Air Conditioning
Surface Parking
In Unit Laundry
Fitness Center
Dishwasher
37
$841 - 1,133
Waterstone Place Apartments
2755 Merlin Lake Drive Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Balcony/Deck/Patio
5
$850
Garden Pointe Apartments
5005 Lily Ln Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
1 - 30 of 208 Results
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Frequently Asked Questions

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

There are 208 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 46 studio cheap apartments available for rent in Indianapolis.

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

Rentable.co has 163 one-bedroom cheap apartments available for rent in Indianapolis.

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

Rentable.co has 335 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. Upper Canal
  2. Herron Morton
  3. Downtown Indianapolis

Cheap Apartments in Indianapolis, IN: December Rental Information

Welcome to the December 2024 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 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 27 55 82 110 <$700 $740 $820 $900 $980 $1,060 $1,140 $1,220 $1,300 $1,380 $1,460 $1,540 >$1,620

Available Cheap Apartments: Indianapolis vs. Surrounding Areas

Indianapolis, IN
Greenwood, IN
12
3
The chart above displays the number of available cheap apartments in Indianapolis, IN, and the surrounding cities as of December, 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 22, 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 December M/M % Change
Indianapolis, IN 12 +0.97%
Greenwood, IN 3 +1.0%
Lebanon, IN 1 +1.0%
Noblesville, IN 1 +1.0%
Brownsburg, IN 1 +1.0%

Looking for Cheap Apartments in Indianapolis?

Available cheap apartments 648
Top amenities Fitness Center, Dishwasher, In Unit Laundry, Refrigerator, Range / Oven
Pet friendly 23
Utilities included 2
Studio 7
1 Bedroom 11
2 Bedroom 18

Where are Cheap Indianapolis Apartments?

Top Neighborhoods Upper canal, Herron morton, Downtown indianapolis
Upper Canal 2
Herron Morton 2
Downtown Indianapolis 1
Browse Indianapolis Apartments
Indianapolis Apartments by Neighborhood
Indianapolis Apartments by Bedrooms
Indianapolis Apartments by Affordability
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