Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Indianapolis area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Cheap Apartments in Indianapolis, IN

91 - 120 of 240 Results
5
$850
426 N Denny St
Indianapolis, IN
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$740 - 750
Villages At Fall Creek (villages At Fall Creek, Llc - Reverie Estates)
3520-3534 E Fall Creek Pkwy Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$864
The Near Northside
1733 N Meridian St Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
Herron Morton
11
$695
1434 N Denny St
Indianapolis, IN
1 BR | Ask for Availability
Contact
House
16
$499
*rental Special!!* 5345 E Washington St Unit 11, Indpls, In 46419
5345 E Washington St Apt 11 Indianapolis, IN
Studio | Ask for Availability
Contact
House
2
$735
37 - 57 E 38TH STREET, BARRINGTON APARTMENTS
Indianapolis, IN
1 BR | Dec. 6, 2024
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
1
$695
Robson 3535-37
3535 Robson St Indianapolis, IN
1 BR | Available Now
Contact
Storage
Disability Access
1
$799
College Corner At The Park Apartments
1704 N College Ave Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
2
$700
229-231 N Jefferson Ave
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Woodruff Place
6
$795
4725 E 18th St
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
6
$825
3044 N Euclid Ave
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
7
$895
2012 N Riley Ave
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
338
$495 - 725
202 Steeples Blvd
Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
10
$850
Irvington Living Ii: Renovated Comfort In A Vibrant Neighborhood
4801 E Washington St Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
10
$750
2909 E Brookside Ave
Indianapolis, IN
1 BR | Available Now
Contact
House
9
$695
3116 N Harding St
Indianapolis, IN
1 BR | Ask for Availability
Contact
House
14
$650
3918 E Michigan St
Indianapolis, IN
1 BR | Available Now
Contact
House
6
$850
4332 Evanston Ave
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
334
$795 - 895
26 E 14th St
Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Old Northside
2
$900
Piccadilly
28 E 16th St Indianapolis, IN
1 BR | Dec. 10, 2024
Contact
Dog Friendly
Cat Friendly
Herron Morton
7
$895
240 S Lasalle St
Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
4
$300
1635 Draper St
Indianapolis, IN
Studio | Available Now
Contact
6
$775
1921 N Tibbs Ave
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
5
$795
3112 N Tacoma Ave
Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
16
$599
708 E 11th St
Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Old Northside
13
$875
3030 E 10th St
Indianapolis, IN
1 BR | Available Now
Contact
6
$795
1306 S Riley Ave
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
4
$900
"coming Soon" 220 N Rural St. Indpls, In 46201
220 N Rural St Indianapolis, IN
2 BR | Ask for Availability
Contact
House
15
$900
1839 Kildare Ave
Indianapolis, IN
2 BR | Ask for Availability
Contact
House
6
$895
1846 Milburn St
Indianapolis, IN
3 BR | Available Now
Contact
House
91 - 120 of 240 Results
  1. Home
  2. Indianapolis
  3. Cheap Apartments
Frequently Asked Questions

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

There are 240 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
Indianapolis Apartments by Affordability
Indianapolis Apartments with Amenities
Indianapolis Apartments by Type
Colleges Near Indianapolis
Indianapolis Apartments by Zip Code