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Cheap Apartments in Indianapolis, IN

31 - 60 of 180 Results
11
$730
217 - Stanton
3536 N Meridian St Indianapolis, IN
1 BR | Jul. 16, 2024
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
13
$745
172 - Shamrock Apartments
2430 E Kelly St Indianapolis, IN
1 BR | May. 24, 2024
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Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Storage
4
$799 - 859
165 - Dawson Village Apartments
2469 S Dawson St Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
9
$800
1102-04 N Parker
Indianapolis, IN
2 BR | Ask for Availability
Contact
Storage
Disability Access
4
$675 - 750
The Courts On Monon (the Courts On Monon, Llc - Reverie Estates)
3605-3609 Balsam Indianapolis, IN
1 BR | Available Now
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Dog Friendly
Cat Friendly
4
$800
Highland Pointe Apartments
5480 Michigan Rd Indianapolis, IN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
16
$799
246 - 248 S Dearborn St
Indianapolis, IN
1 BR | Available Now
Contact
5
$770
Garden Pointe Apartments
5005 Lily Ln Indianapolis, IN
Studio | Jun. 14, 2024
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
15
$775
Price Reduction- Charming 1 Bedroom 1 Bath On East Side - Available Now!!
4814 E 10th St Indianapolis, IN
1 BR | May. 31, 2024
Contact
Dog Friendly
Cat Friendly
House
Surface Parking
Storage
8
$790
St. Agnes Apartments
1350 N Meridian Street St Indianapolis, IN
1 BR | Jun. 17, 2024
Contact
Cat Friendly
Air Conditioning
Storage
Disability Access
Old Northside
8
$799
Oxmoor Indy
3640 N Meridian St Indianapolis, IN
1 BR | Available Now
Contact
Storage
26
$749
407 - 409 S Dearborn St.
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
9
$800
1515-1517 E Michigan St
Indianapolis, IN
1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Storage
Woodruff Place
5
$830 - 850
6933 Buckridge West Dr
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Fitness Center
Storage
15
$700
3165 Station St
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
13
$700
143-145 Villa Ave
Indianapolis, IN
1 BR | Available Now
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Dog Friendly
Cat Friendly
5
$825
3056 N Olney St
Indianapolis, IN
3 BR | Available Now
Contact
House
13
$800
4601 Fletcher Ave
Indianapolis, IN
2 BR | Ask for Availability
Contact
House
6
$855
1002 S Fleming St
Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
9
$675
West Indianapolis Duplex 1 Bed 1 Bath
625 1/2 Birch Ave Indianapolis, IN
1 BR | Ask for Availability
Contact
House
6
$850
329 S Hamilton Ave
Indianapolis, IN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Woodruff Place
6
$625
4915 1/2 W 11th St
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Old Northside
10
$725
3114 N Harding St
Indianapolis, IN
1 BR | Ask for Availability
Contact
House
4
$300
1635 Draper St
Indianapolis, IN
Studio | Available Now
Contact
25
$599 - 725
708 E 11th St
Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Old Northside
10
3D Tour
$725
Brookhaven Court Apartments
Deal
3900 N Shadeland Ave Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
5
$800
275 N Pershing St
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
4
$695
1526 E Gimber St
Indianapolis, IN
1 BR | Ask for Availability
Contact
House
Balcony/Deck/Patio
12
$800
3705 N Capitol Ave. *50% Deposit For Qualified Applicants*
3705 N Capitol Ave Indianapolis, IN
1 BR | Ask for Availability
Contact
House
14
$650
1413 East Washington Street
Indianapolis, IN
Studio | Jun. 1, 2024
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House
31 - 60 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 289 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: May Rental Information

Welcome to the May 2024 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 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 22 45 67 90 <$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
36
3
The chart above displays the number of available cheap apartments in Indianapolis, IN, and the surrounding cities as of May, 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 20, 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 May M/M % Change
Indianapolis, IN 36 +0.98%
Greenwood, IN 3 +1.0%
Lebanon, IN 2 +1.0%
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 730
Top amenities Dishwasher, Refrigerator, Range / Oven, Microwave, High Speed Internet
Deals 10
Pet friendly 40
Utilities included 3
Studio 8
1 Bedroom 21
2 Bedroom 21
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