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Cheap Apartments in Indianapolis, IN

1 - 30 of 207 Results
4
$750
Zwingley St
Indianapolis, IN
1 BR | Ask for Availability
Contact
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
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
12
$549 - 899
Covington Square Apartments
Deal
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
South & Madison
Deal
1834 Madison Village Dr Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
24
$600 - 829
Marten Court Apartments
3.4
7852 Marten Ct Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dishwasher
12
$850
Vistas Apartments
1366 N Arlington Ave Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Storage
13
$725 - 855
Courts Apartments
4417 Linwood Ct Indianapolis, IN
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
23
$680 - 840
Groves Apartments
5018 Lemans Dr Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Fitness Center
16
$765 - 785
Fields Apartments
3215 N Alton Ave Indianapolis, IN
1 BR | Aug. 6, 2024
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
15
$680 - 865
Vineyards Apartments
10101 E Montery RD Indianapolis, IN
Studio - 1 BR | Jul. 29, 2024
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Balcony/Deck/Patio
28
$808 - 818
34 North Apartments
3402 N Meridian St Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Income Restricted
Air Conditioning
Fitness Center
Storage
15
$810 - 830
Meadows Apartments
5505 Scarlet Drive Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Storage
14
$800 - 830
Prairies Apartments
4555 N Arlington Ave Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
Covered Parking
Balcony/Deck/Patio
15
$720 - 815
Cedars Apartments
3417 N Rybolt Ave Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
25
$458 - 799
The Enclave At Meridian Apartments
3.2
3777 N Meridian St Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Income Restricted
Fitness Center
Dishwasher
15
$743 - 820
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
12
$700 - 800
Stone Lake
Deal
2913 E Hanna Ave Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
14
$699
5260-5262 Fletcher Ave
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
9
$825
Heritage Place At Parkview Apartment Homes
Deal
9201 E. 46Th Street Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
Dishwasher
4
$675 - 725
3605-3609 Balsam
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
16
$705
2904 S Pennsylvania
2904 S Pennsylvania St Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
11
$598 - 866
East Village at Avondale Meadows Apartments
Deal
3810 Cooper Square Court Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Income Restricted
Section 8
5
$750
Garden Pointe Apartments
5005 Lily Ln Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
6
$700
924 N Bradley Ave
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
5
$700
409 N Gray St
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
8
$699
Oxmoor Indy
3640 N Meridian St Indianapolis, IN
1 BR | Available Now
Contact
Storage
5
$820
6933 Buckridge West Dr
Indianapolis, IN
1 BR | Aug. 1, 2024
Contact
Dog Friendly
Cat Friendly
Section 8
Fitness Center
Storage
20
$800
1126 1128 Bradbury Ave
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
13
$759
172 - Shamrock Apartments
2430 E Kelly St Indianapolis, IN
1 BR | Sep. 16, 2024
Contact
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Storage
1 - 30 of 207 Results
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Frequently Asked Questions

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

There are 207 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 45 studio cheap apartments available for rent in Indianapolis.

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

Rentable.co has 116 one-bedroom cheap apartments available for rent in Indianapolis.

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

Rentable.co has 290 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
  3. Herron Morton

Cheap Apartments in Indianapolis, IN: July Rental Information

Welcome to the July 2024 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the July 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 17 35 52 70 <$700 $720 $760 $800 $840 $880 $920 $960 $1,000 $1,040 $1,080 $1,120 $1,160 $1,200 $1,240 $1,280 $1,320 $1,360 $1,400 $1,440 $1,480

Available Cheap Apartments: Indianapolis vs. Surrounding Areas

Indianapolis, IN
Greenwood, IN
27
3
The chart above displays the number of available cheap apartments in Indianapolis, IN, and the surrounding cities as of July, 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 19, 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 July M/M % Change
Indianapolis, IN 27 +1.25%
Greenwood, IN 3 +1.0%
Lebanon, IN 1 +1.25%
Greenfield, IN 1 +1.0%
Noblesville, IN 1 +1.0%
Brownsburg, IN 1 +1.0%
Avon, IN 1 +1.4%
McCordsville, IN 1 +1.4%
Carmel, IN 1 +1.4%

Looking for Cheap Apartments in Indianapolis?

Available cheap apartments 550
Top amenities Dishwasher, Refrigerator, Range / Oven, Microwave, High Speed Internet
Deals 6
Pet friendly 20
Utilities included 1
Studio 6
1 Bedroom 8
2 Bedroom 14

Where are Cheap Indianapolis Apartments?

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