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Cheap Apartments in Indianapolis, IN

1 - 30 of 242 Results
61
$769
PER
ROOM
The Avenue
930 W 10th St Indianapolis, IN
4 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Student
Luxury
8
$805
Forty-Six Flats
2511 E 46th St Indianapolis, IN
1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Luxury
Income Restricted
Air Conditioning
13
$900
King's Reserve College Park - 55+ Senior
8810 Colby Blvd Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Senior Community
Air Conditioning
Balcony/Deck/Patio
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
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
37
$736 - 1,577
Cedars Apartments
3417 N Rybolt Ave Indianapolis, IN
Studio - 1 BR | Dec. 2, 2024
Contact
Dog Friendly
Cat Friendly
Covered Parking
57
$751 - 1,973
Prairies Apartments
4555 N Arlington Ave Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
Covered Parking
Balcony/Deck/Patio
53
$821 - 1,564
Hills Apartments
5500 Pleasant Hill Circle Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
Dishwasher
48
$719 - 1,537
Fields Apartments
3215 N Alton Ave Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
30
$756 - 1,658
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
17
$880 - 1,615
Riverside Apartments
2638 Cold Spring Manor Dr Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Dishwasher
15
$738 - 850
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
28
$769 - 818
34 North Apartments
3402 N Meridian St Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Income Restricted
Air Conditioning
Fitness Center
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
39
$866 - 1,610
Meadows Apartments
5505 Scarlet Drive Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Storage
25
$458 - 841
The Enclave At Meridian Apartments
3.2
3777 N Meridian St Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Income Restricted
Fitness Center
Dishwasher
48
$793 - 1,411
Vistas Apartments
1366 N Arlington Ave Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Storage
37
$801 - 1,736
Courts Apartments
4417 Linwood Ct Indianapolis, IN
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
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
24
$650 - 900
Marten Court Apartments
3.4
7852 Marten Ct Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dishwasher
12
$875 - 895
Priscilla On Pennsylvania
1309 N Pennsylvania Ave Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Storage
Disability Access
5
$875
6933 Buckridge West Dr
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Fitness Center
Storage
1
$825
Llanhurst Apartments
3541 N Meridian St Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
17
$850
6800 Brendan Way W Dr
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
9
$835
Monon Station Apartments
4554 Winthrop Ave Indianapolis, IN
2 BR | Jan. 17, 2025
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
8
$795
57-59 N Sherman
Indianapolis, IN
3 BR | Available Now
Contact
Storage
11
$598
East Village at Avondale Meadows Apartments
Deal
3810 Cooper Square Court Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Income Restricted
Section 8
6
$550 - 725
Central State Mansion
202 Steeples Blvd Indianapolis, IN
Studio - 1 BR | Dec. 11, 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
1 - 30 of 242 Results
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Frequently Asked Questions

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

There are 242 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 60 studio cheap apartments available for rent in Indianapolis.

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

Rentable.co has 179 one-bedroom cheap apartments available for rent in Indianapolis.

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

Rentable.co has 333 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: November Rental Information

Welcome to the November 2024 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 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 35 70 105 140 <$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 November, 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 23, 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 November M/M % Change
Indianapolis, IN 12 +0.99%
Greenwood, IN 3 +1.0%
Lebanon, IN 1 +1.0%
Noblesville, IN 1 +0.8%
Brownsburg, IN 1 +1.0%
Greenfield, IN 0 +1.5%

Looking for Cheap Apartments in Indianapolis?

Available cheap apartments 852
Top amenities Fitness Center, Dishwasher, Refrigerator, Range / Oven, Microwave
Pet friendly 25
Utilities included 4
Studio 7
1 Bedroom 12
2 Bedroom 16

Where are Cheap Indianapolis Apartments?

Top Neighborhoods Upper canal, Herron morton, Downtown indianapolis
Upper Canal 3
Herron Morton 3
Downtown Indianapolis 1
Browse Indianapolis Apartments
Indianapolis Apartments by Neighborhood
Indianapolis Apartments by Bedrooms
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