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Cheap Apartments in Indianapolis, IN

31 - 60 of 187 Results
47
$919 - 1,389
Bavarian Village Apartments
3001 Bavarian West Dr Indianapolis, IN
1 BR | Available Now
Contact
Air Conditioning
Surface Parking
Balcony/Deck/Patio
Fitness Center
Dishwasher
29
$699
Windmill
10251-10705 Us Hwy Indianapolis, IN
Studio | Nov. 11, 2026
Contact
Air Conditioning
Surface Parking
54
$915
Strawbridge Green
Deal
4649 Strawbridge St Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
8
$750
3726 N MERIDIAN STREET 3726 N MERIDIAN STREET
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
8
$770
37 - 57 E 38TH STREET, BARRINGTON APARTMENTS
Indianapolis, IN
1 BR | Oct. 5, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
5
$684 - 754
5730 E Washington
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
8
$760
The Bauer Apartments
3720 N Meridian St Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
8
$755 - 875
Shortridge Apartments
3601 N Meridian St Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
11
$725 - 804
Biltmore Apartments
3540 N Meridian St Indianapolis, IN
Studio - 1 BR | Oct. 2, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
46
$880 - 1,141
Waterstone Place Apartments
2755 Merlin Lake Drive Indianapolis, IN
1 BR | Available Now
Contact
Air Conditioning
Covered Parking
Balcony/Deck/Patio
Dishwasher
Pool
5
$746 - 868
Balsam Avenue Apartments - The Villages
3520-3534 E Fall Creek Pkwy Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
8
$815 - 875
St. Agnes Apartments
1350 N Meridian Street St Indianapolis, IN
1 BR | Available Now
Contact
Cat Friendly
Air Conditioning
Storage
Disability Access
Old Northside
5
$692 - 816
Balsam Avenue Apartments - The Courts
3605-3609 Balsam Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
25
$458 - 916
The Enclave At Meridian Apartments
3.2
3777 N Meridian St Indianapolis, IN
Studio - 1 BR | Available Now
Income Restricted
Fitness Center
Dishwasher
11
$703
East Village at Avondale Meadows Apartments
3810 Cooper Square Court Indianapolis, IN
1 BR | Available Now
Contact
Luxury
Income Restricted
Section 8
Air Conditioning
In Unit Laundry
124
3D Tour
$900 - 1,218
Pickwick Farms Apartments
Deal
1540 Handball Lane Indianapolis, IN
Studio | Available Now
Contact
Furnished
Virtual Tour
Luxury
Air Conditioning
In Unit Laundry
8
$725 - 735
Maple Court Apartments - Where City Convenience Meets Neighborhood Charm!
3524 N Pennsylvania St Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Mapelton
45
$887
Minnie Hartman
3734 E Vermont St Indianapolis, IN
2 BR | Dec. 5, 2026
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Fitness Center
Dishwasher
1
$895
Just Reduced 2 Bedroom/1 Bathroom Duplex Located At 2346 Coyner Ave. In Indianapolis, In
2346 Coyner Ave Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$675
Fountain View Senior Apartments
1044 Shelby St Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
10
$899
One Somerset
3765 S State Ave Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$700
229-231 N Jefferson Ave
Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Woodruff Place
19
$835 - 917
549 N Senate Ave
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Upper Canal
17
$875
3058 Brookside Pkwy N Dr Unit 3058
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
7
$599 - 775
Volrath
118 Palmer St Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dishwasher
1
$699
Oxmoor Indy
3640 N Meridian St Indianapolis, IN
1 BR | Available Now
Contact
Storage
11
$749
2372 Beckwith Dr Unit Studio
Indianapolis, IN
Studio | Available Now
Contact
Martindale
9
$780
N Linwood Ave
Indianapolis, IN
1 BR | Ask for Availability
Contact
11
$850
1635 Lawton Ave
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
17
$595
5345 E Washington St. Unit 4 Indpls, In 46219
5345 E Washington St Apt 4 Indianapolis, IN
Studio | Ask for Availability
Contact
House
31 - 60 of 187 Results
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Frequently Asked Questions

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

There are 187 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 67 studio cheap apartments available for rent in Indianapolis.

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

Rentable.co has 681 one-bedroom cheap apartments available for rent in Indianapolis.

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

Rentable.co has 540 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. Fletcher Place
  3. Downtown Indianapolis
  4. Herron Morton

Cheap Apartments in Indianapolis, IN: September Rental Information

Welcome to the September 2026 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the September 2026 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 12 25 37 50 <$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
29
The chart above displays the number of available cheap apartments in Indianapolis, IN, and the surrounding cities as of September, 2026. 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 29, 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 September M/M % Change
Indianapolis, IN 29 +1.02%
Greenwood, IN 1 +1.0%
Noblesville, IN 1 +1.14%
Plainfield, IN 1 +1.0%
Lebanon, IN 1 -1.0%
Westfield, IN 0 +1.0%
Whitestown, IN 0 +1.0%

Looking for Cheap Apartments in Indianapolis?

Available cheap apartments 1,302
Top amenities Fitness Center, Dishwasher, In Unit Laundry, Refrigerator, Package Receiving
Deals 39
Pet friendly 38
Utilities included 11
Studio 14
1 Bedroom 35
2 Bedroom 21

Where are Cheap Indianapolis Apartments?

Top Neighborhoods Upper canal, Fletcher place, Downtown indianapolis, Herron morton
Upper Canal 5
Fletcher Place 2
Downtown Indianapolis 1
Herron Morton 1
Browse Indianapolis Apartments
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