Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Indianapolis area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Cheap Apartments in Indianapolis, IN

61 - 90 of 208 Results
24
$745 - 1,185
Circle City Apartments
4.4
1321 N. Meridian St. Indianapolis, In 46202 Indianapolis, IN
Studio - 1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Townhome
Fitness Center
Dishwasher
9
$561 - 829
Braeburn Village Apartments
3.4
2170 Braeburn East Drive Indianapolis, IN
1 - 3 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Storage
10
$698 - 738
Turtle Creek Apartments
5.0
8253 Harcourt Road Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Balcony/Deck/Patio
25
$549 - 899
Indy Flats
2.0
1304 N. Delaware Street Indianapolis, IN
Studio - 2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Income Restricted
Section 8
Fitness Center
12
3D Tour
$449 - 819
Lakeside Point At Nora
9000 N College Avenue Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Pool
44
$774 - 924
Retreat Northwest
1130 Racquet Club N Dr Indianapolis, IN
1 - 2 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Fitness Center
Storage
2
$745
170 - Markwood Associates
920 E Markwood Ave Indianapolis, IN
1 BR | Nov. 13, 2026
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
1
$869
50 - Saxony Court Apartments
29 S Audubon Rd Indianapolis, IN
1 BR | Nov. 16, 2026
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
4
$899
Enclave Park 100
5802 W 71st St Indianapolis, IN
Studio | Available Now
Contact
22
$805
3711 Brookside Pkwy S Dr
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
8
$850
3536 N Parker Ave
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
15
$869
2372 Beckwith Dr Unit 1br
Indianapolis, IN
1 BR | Available Now
Contact
Balcony/Deck/Patio
Martindale
10
3D Tour
$825 - 875
Brookhaven Apartments
3900 N Shadeland Ave Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
15
$844
N Gladstone Ave
Indianapolis, IN
1 BR | Ask for Availability
Contact
5
$801
S Delaware St
Indianapolis, IN
1 BR | Ask for Availability
Contact
13
$818
Dawson St
Indianapolis, IN
1 BR | Ask for Availability
Contact
8
$750
Parkside Apartments
2900 S Pennsylvania St Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$900
3725 E Vermont
3725 E Vermont St Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
11
$848
S Denny St
Indianapolis, IN
1 BR | Ask for Availability
Contact
15
$780
2113 Ringgold Ave
Indianapolis, IN
1 BR | Ask for Availability
Contact
House
5
$895
1230 Taylor Dr W
Indianapolis, IN
2 BR | Ask for Availability
Contact
7
$852
E Perry St
Indianapolis, IN
1 BR | Ask for Availability
Contact
1
$750
1038 W Roache St
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
28
$835
E Sumner Ave
Indianapolis, IN
1 BR | Ask for Availability
Contact
7
$895
1119 S Denny St
Indianapolis, IN
2 BR | Available Now
Contact
House
6
$825
645 N Exeter Ave
Indianapolis, IN
3 BR | Ask for Availability
Contact
House
19
$835
Chelsea Manor
549 N Senate Ave Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Upper Canal
82
$725 - 875
26 E 14th St
Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Old Northside
1
$899
Dawson Village
2469 S Dawson St Indianapolis, IN
2 BR | Nov. 20, 2026
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
16
$850
703 N Gladstone Ave
Indianapolis, IN
1 BR | Available Now
Contact
House
Storage
61 - 90 of 208 Results
  1. Home
  2. Indianapolis
  3. Cheap Apartments
Frequently Asked Questions

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

There are 208 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 640 one-bedroom cheap apartments available for rent in Indianapolis.

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

Rentable.co has 555 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

Cheap Apartments in Indianapolis, IN: November Rental Information

Welcome to the November 2026 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 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 17 35 52 70 <$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
26
The chart above displays the number of available cheap apartments in Indianapolis, IN, and the surrounding cities as of November, 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 November M/M % Change
Indianapolis, IN 26 +1.07%
Greenfield, IN 1 +0.5%
Lebanon, IN 1 +0.75%
Greenwood, IN 1 +1.0%
Noblesville, IN 1 +1.0%
Plainfield, IN 1 +1.0%

Looking for Cheap Apartments in Indianapolis?

Available cheap apartments 1,159
Top amenities Fitness Center, In Unit Laundry, Microwave, High Speed Internet, Package Receiving
Deals 35
Pet friendly 40
Utilities included 9
Studio 14
1 Bedroom 29
2 Bedroom 18

Where are Cheap Indianapolis Apartments?

Top Neighborhoods Upper canal, Fletcher place, Downtown indianapolis
Upper Canal 5
Fletcher Place 2
Downtown Indianapolis 1
Browse Indianapolis Apartments
Indianapolis Apartments by Neighborhood
Indianapolis Apartments by Bedrooms
Indianapolis Apartments by Affordability
Indianapolis Apartments with Amenities
Indianapolis Apartments by Type
Colleges Near Indianapolis
Indianapolis Apartments by Zip Code