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Cheap Apartments in Indianapolis, IN

31 - 60 of 184 Results
7
$650
4714 E 16th St
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
5
$748 - 859
Harrison Point Apartments
9093 E Bourbon St Indianapolis, IN
Studio - 1 BR | Jun. 14, 2024
Contact
Disability Access
12
$695
2844 2846 Dr Andrew J Brown Ave
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
17
$825
519 - 521 N Sherman Drive
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
16
$800
628 N Oxford St
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
6
$650
1028 N Olney St
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
9
$850
1102-04 N Parker
Indianapolis, IN
2 BR | Available Now
Contact
Storage
Disability Access
4
$675 - 750
3605-3609 Balsam
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
32
$854 - 869
Reflections Apartments
7999 Silverleaf Dr Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
In Unit Laundry
6
$650
2801 E 16th St
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
15
$775
4814 E 10th St
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Surface Parking
Storage
8
$675 - 790
St. Agnes Apartments
1350 N Meridian Street St Indianapolis, IN
Studio - 1 BR | May. 20, 2024
Contact
Cat Friendly
Air Conditioning
Storage
Disability Access
Old Northside
13
$700
143-145 Villa Ave
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
29
$825
617 N Oxford St
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
16
$799
246 - 248 S Dearborn St
Indianapolis, IN
1 BR | Available Now
Contact
16
$625
2900 Pennsylvania St
Indianapols, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
5
$745 - 770
5005 Lily Ln
Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
6
$699 - 799
PER
ROOM
118 Palmer St
Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
20
$800
1126 1128 Bradbury Ave
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
4
$779 - 859
2469 S Dawson St
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
19
$795
2332 Prospect St
Indianapolis, IN
1 BR | Available Now
Contact
15
$739
Penn Plaza
3671 N Pennsylvania St Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
14
$650
3621 Salem St
Indianapolis, IN
1 BR | Available Now
Contact
Air Conditioning
Surface Parking
9
$800
6028 Laurel Hall Dr
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
20
$618 - 1,804
Indy Town Apartments
Deal
1.4
6046 E 21St Street, Suite 1B Management Office Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
11
$710
3540 N Meridian St
Indianapolis, IN
1 BR | Jun. 25, 2024
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
6
$495 - 795
Central State Mansion
202 Steeples Blvd Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
52
$650 - 799
Lake Castleton
Deal
3.6
7601 Carlton Arms Dr Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Covered Parking
Balcony/Deck/Patio
19
$770
Historic Audubon Court
5703 E Washington Indianapolis, IN
Studio | Jul. 10, 2024
Contact
Dog Friendly
Cat Friendly
11
$675
6114 Hillside Ave
Indianapolis, IN
Studio | Available Now
Contact
Air Conditioning
Surface Parking
31 - 60 of 184 Results
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Frequently Asked Questions

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

There are 184 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 112 studio cheap apartments available for rent in Indianapolis.

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

Rentable.co has 228 one-bedroom cheap apartments available for rent in Indianapolis.

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

Rentable.co has 405 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. Downtown Indianapolis
  3. Woodruff Place
  4. Herron Morton
  5. Fletcher Place

Cheap Apartments in Indianapolis, IN: April Rental Information

Welcome to the April 2024 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 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 20 40 60 80 <$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
35
3
The chart above displays the number of available cheap apartments in Indianapolis, IN, and the surrounding cities as of April, 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 45, 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 April M/M % Change
Indianapolis, IN 35 +1.02%
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 +1.2%
Brownsburg, IN 1 +1.0%
Carmel, IN 1 +1.0%

Looking for Cheap Apartments in Indianapolis?

Available cheap apartments 1,021
Top amenities Dishwasher, On Site Laundry, Refrigerator, Garbage Disposal, Range / Oven
Pet friendly 58
Utilities included 3
Studio 40
1 Bedroom 29
2 Bedroom 32

Where are Cheap Indianapolis Apartments?

Top Neighborhoods Upper canal, Downtown indianapolis, Woodruff place, Herron morton, Fletcher place
Upper Canal 3
Downtown Indianapolis 1
Woodruff Place 1
Herron Morton 1
Fletcher Place 1
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