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Cheap Apartments in Indianapolis, IN

61 - 90 of 204 Results
6
$900
William Penn Commons
1925 Westview Dr Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
West Indianapolis
1
$699
5035 Fletcher Ave
Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
1
$805
3709-3711 Brookside Pkwy S Dr
3709 Brookside Pkwy S Dr Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
17
$775
2103 Ringgold Ave
Indianapolis, IN
1 BR | Ask for Availability
Contact
House
17
$550
5345 E Washington St. Unit 31 Indpls, In 46219
5345 E Washington St Apt 31 Indianapolis, IN
Studio | Ask for Availability
Contact
House
13
$900
*coming Soon* 1319 W. 27th St. Indpls, In 46208
1319 W 27Th St Indianapolis, IN
2 BR | Ask for Availability
Contact
House
17
$550
5345 E Washington St. Unit 35 Indpls, In 46219
5345 E Washington St Apt 35 Indianapolis, IN
Studio | Ask for Availability
Contact
House
1
$775
Lawrence Glen Apartments
8633 E 46th St Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
19
$897
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
6
$649 - 825
Volrath
118 Palmer St Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dishwasher
14
$750
3520 E Fall Creek Pkwy N
Indianapolis, IN
Studio | Nov. 14, 2026
Contact
Dog Friendly
Cat Friendly
10
3D Tour
$825 - 875
Brookhaven Apartments
3900 N Shadeland Ave Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
1
$700
2844 2846 Dr Andrew J Brown Ave
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
1
$899
Welcome To Dawson Village – Welcome Home!
2469 S Dawson St Indianapolis, IN
2 BR | Jun. 29, 2026
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
0
$895
Irvington Living III
4926 E Washington St Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
1
$895
Churchman 1022-24
1022-24 Churchman Ave Indianapolis, IN
1 BR | Available Now
Contact
Air Conditioning
Storage
15
$819 - 899
The Stratford Apartments
3201 Watergate Rd Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
15
$725
3019 Boulevard Pl
Indianapolis, IN
3 BR | Ask for Availability
Contact
House
7
$895
39 N Tacoma Ave
Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
9
$750 - 825
East Ridge Apartments - Remodeled 1-2 Bedroom Unit W/ Balcony
2302 N Ritter Ave Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
1
$895 - 900
6933 Buckridge West Dr
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Fitness Center
Storage
1
$700
Coming Soon: 1 Bedroom / 1 Bathroom Duplex Located At 1250 N Colorado Ave. In Indianapolis, In.
1250 N Colorado Ave Indianapolis, IN
1 BR | Jun. 30, 2026
Contact
Dog Friendly
Cat Friendly
House
Disability Access
2
$899
7936 Timber Ridge Dr
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
Pool
1
$775
1241-43 S Lee
Indianapolis, IN
2 BR | Ask for Availability
Contact
Storage
Disability Access
West Indianapolis
1
$800
35 - 37 S Sherman Dr
35 37 St Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$700
Pilgrim
1015 W 31St St Indianapolis, IN
1 BR | Available Now
Contact
Storage
14
$724 - 854
5730 E Washington St
Indianapolis, IN
1 - 2 BR | Jul. 3, 2026
Contact
Dog Friendly
Cat Friendly
7
$825
2403 N Oxford St
Indianapolis, IN
3 BR | Ask for Availability
Contact
House
18
$899
2701 W 17Th St
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
61 - 90 of 204 Results
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Frequently Asked Questions

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

There are 204 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 59 studio cheap apartments available for rent in Indianapolis.

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

Rentable.co has 762 one-bedroom cheap apartments available for rent in Indianapolis.

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

Rentable.co has 605 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: June Rental Information

Welcome to the June 2026 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 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 22 45 67 90 <$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
27
The chart above displays the number of available cheap apartments in Indianapolis, IN, and the surrounding cities as of June, 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 33, 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 June M/M % Change
Indianapolis, IN 28 +0.99%
Noblesville, IN 1 +0.86%
Greenwood, IN 1 +1.0%
Plainfield, IN 1 -1.0%
Lebanon, IN 0 +1.0%
Carmel, IN 0 +1.0%

Looking for Cheap Apartments in Indianapolis?

Available cheap apartments 1,682
Top amenities Fitness Center, Refrigerator, Microwave, High Speed Internet, Package Receiving
Deals 36
Pet friendly 34
Utilities included 10
Studio 13
1 Bedroom 36
2 Bedroom 24

Where are Cheap Indianapolis Apartments?

Top Neighborhoods Upper canal, Fletcher place, Downtown indianapolis
Upper Canal 4
Fletcher Place 2
Downtown Indianapolis 1
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