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Cheap Apartments in Indianapolis, IN

61 - 90 of 203 Results
44
$774 - 875
Retreat Northwest
1130 Racquet Club N Dr Indianapolis, IN
1 - 2 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Fitness Center
Storage
11
$625 - 735
Fox Club
4401 South Keystone Avenue Indianapolis, IN
1 - 2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
Dishwasher
8
$619 - 839
Cambridge Commons
2.8
4959 Oakhurst Drive Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
2
$899
7936 Timber Ridge Dr
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
Pool
1
$700
Pilgrim
1015 W 31St St Indianapolis, IN
1 BR | Available Now
Contact
Storage
15
$725 - 736
5730 E Washington St
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$799
Evergreen On The Monon, Llc
3575 Evergreen Ave Indianapolis, IN
1 BR | Sep. 1, 2026
Contact
Dog Friendly
Cat Friendly
Storage
1
$899
Birchwood Place Apartments
1040 Fairfield Ave Indianapolis, IN
1 BR | Oct. 1, 2026
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Mapelton
6
$895
1728 Milburn St
Indianapolis, IN
3 BR | Ask for Availability
Contact
House
0
$900
The Sterling
8020 Madison Ave Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
17
$867 - 924
Riley Towers Apartments
4.0
Indianapolis, IN
Studio | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
15
$800
Now Available For Rent!!
108 S Heflin St Indianapolis, IN
3 BR | Ask for Availability
Contact
House
Air Conditioning
In Unit Laundry
Dishwasher
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
10
$850 - 889
Landmark Apartments
2.7
7653 Woodmore Trace Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Townhome
Covered Parking
12
$794
Serenity Park Apartments
9060 E 39th Pl Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$900
6059 Dickson Rd
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
40
$742 - 745
5703 E Washington St
Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
32
$889
Greentree Apartments
2524 Tamarack Ln Indianapolis, IN
1 BR | Aug. 14, 2026
Contact
Dog Friendly
Cat Friendly
11
$899
Brockton Apartments
5778 Brockton Drive Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Townhome
Air Conditioning
25
$764 - 814
3528 E Fall Creek Pkwy N
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
7
$852
E Perry St
Indianapolis, IN
1 BR | Ask for Availability
Contact
18
3D Tour
$555 - 899
Woodhaven Park Apartments
4.0
6363 Commons Dr Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
15
$624 - 729
Marabou Mills
1.6
3402 Marabou Mills Dr. Indianapolis, IN
Studio | Available Now
Contact
Air Conditioning
14
$859
Northview Apartments
4.4
8607 Cholla Road Indianapolis, IN
1 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
1
$699
Oxmoor Indy
3640 N Meridian St Indianapolis, IN
1 BR | Available Now
Contact
Storage
18
$775
721 N Denny St
Indianapolis, IN
1 BR | Ask for Availability
Contact
House
7
$549 - 859
Estates At Crystal Bay
7136 East Crystal Bay Drive Indianapolis, IN
1 - 3 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Townhome
Surface Parking
Balcony/Deck/Patio
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
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
61 - 90 of 203 Results
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Frequently Asked Questions

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

There are 203 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 53 studio cheap apartments available for rent in Indianapolis.

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

Rentable.co has 679 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: August Rental Information

Welcome to the August 2026 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the August 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 $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 August, 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 32, 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 August M/M % Change
Indianapolis, IN 30 +0.96%
Noblesville, IN 1 +1.12%
Greenwood, IN 1 +1.0%
Plainfield, IN 1 +0.8%
Lebanon, IN 0 +1.0%
Whitestown, IN 0 +1.0%

Looking for Cheap Apartments in Indianapolis?

Available cheap apartments 1,556
Top amenities Fitness Center, Refrigerator, Microwave, High Speed Internet, Package Receiving
Deals 50
Pet friendly 42
Utilities included 13
1 Bedroom 39
2 Bedroom 21
3 Bedroom 17

Where are Cheap Indianapolis Apartments?

Top Neighborhoods Upper canal, Fletcher place, Downtown indianapolis
Upper Canal 3
Fletcher Place 2
Downtown Indianapolis 1
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