Cheap Apartments in Indianapolis, IN

1 - 30 of 209 Results
13
$900
8810 Colby Blvd Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Senior Community
Air Conditioning
Balcony/Deck/Patio
2
$540 - 799
4100 Continental Ct Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Balcony/Deck/Patio
Storage
12
$549 - 899
115 S. High School Rd. Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
11
$797
Indianapolis, IN
1 BR | Ask for Availability
Contact
8
$745
Indianapolis, IN
1 BR | Ask for Availability
Contact
10
$878
Indianapolis, IN
1 BR | Ask for Availability
Contact
89
$713 - 1,611
5018 Lemans Dr Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Fitness Center
14
$800 - 2,216
2638 Cold Spring Manor Dr Indianapolis, IN
1 BR | May. 27, 2025
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Dishwasher
16
3D Tour
$460 - 475
PER
ROOM
1748 N Bancroft St Indianapolis, IN
1 BR | Available Now
Contact
Heat Included
House
In Unit Laundry
12
3D Tour
$415
PER
ROOM
3321 Eastwind Ct Indianapolis, IN
1 BR | Available Now
Contact
Heat Included
House
In Unit Laundry
58
$835 - 1,632
5500 Pleasant Hill Circle Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
Dishwasher
53
$825 - 1,592
3215 N Alton Ave Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
39
$787 - 2,143
4417 Linwood Ct Indianapolis, IN
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
13
3D Tour
$350 - 400
PER
ROOM
1043 N Holmes Ave Indianapolis, IN
1 BR | Available Now
Contact
Heat Included
House
In Unit Laundry
12
3D Tour
$380
PER
ROOM
1531 N Downey Ave Indianapolis, IN
1 BR | Available Now
Contact
Heat Included
House
In Unit Laundry
11
3D Tour
$360
PER
ROOM
6115 Redcoach Ln Indianapolis, IN
1 BR | Available Now
Contact
Heat Included
House
In Unit Laundry
44
$873 - 1,771
3417 N Rybolt Ave Indianapolis, IN
1 BR | Jun. 12, 2025
Contact
Dog Friendly
Cat Friendly
Covered Parking
10
3D Tour
$475 - 590
PER
ROOM
1635 Cruft St Indianapolis, IN
1 BR | Available Now
Contact
Heat Included
House
In Unit Laundry
11
$916 - 1,971
10101 E Montery RD Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Balcony/Deck/Patio
23
3D Tour
$354 - 415
PER
ROOM
701 W Hanna Ave Indianapolis, IN
1 BR | Available Now
Contact
Heat Included
House
In Unit Laundry
14
3D Tour
$400 - 410
PER
ROOM
1252 Goldenrod Dr Indianapolis, IN
1 BR | Available Now
Contact
Heat Included
House
In Unit Laundry
11
3D Tour
$330 - 550
PER
ROOM
8149 Trevellian Way Indianapolis, IN
1 BR | Available Now
Contact
Heat Included
House
In Unit Laundry
37
$703 - 1,799
5505 Scarlet Drive Indianapolis, IN
Studio - 1 BR | Jul. 1, 2025
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Storage
8
3D Tour
$415 - 510
PER
ROOM
3712 Oil Creek Dr Indianapolis, IN
1 BR | Available Now
Contact
Heat Included
House
In Unit Laundry
25
$700 - 929
7852 Marten Ct Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dishwasher
11
$662 - 693
3810 Cooper Square Court Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Income Restricted
Section 8
4
$725 - 825
3605-3609 Balsam Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
4
$900
5480 Michigan Rd Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
5
$825 - 930
5005 Lily Ln Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
7
$750
3720 N Meridian St Indianapolis, IN
1 BR | May. 30, 2025
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
1 - 30 of 209 Results
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Cheap Apartments in Indianapolis, IN: May Rental Information

Welcome to the May 2025 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2025 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 $1,700 $1,780

Available Cheap Apartments: Indianapolis vs. Surrounding Areas

Indianapolis, IN
Greenwood, IN
22
3
The chart above displays the number of available cheap apartments in Indianapolis, IN, and the surrounding cities as of May, 2025. 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 21, 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 23 +0.92%
Greenwood, IN 3 +1.0%
Lebanon, IN 1 +1.0%
Noblesville, IN 1 +1.0%

Looking for Cheap Apartments in Indianapolis?

Available cheap apartments 429
Top amenities In Unit Laundry, Refrigerator, Central A / C, On Site Maintenance, Co Living
Deals 15
Pet friendly 20
Utilities included 16
Studio 6
1 Bedroom 22
2 Bedroom 11