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Cheap Apartments in Indianapolis, IN

61 - 90 of 229 Results
14
$875
940 Woodruff Place Middle Dr
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Woodruff Place
1
$695 - 775
Butler Place
5230 E Washington St Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
10
$850
Irvington Living Ii: Renovated Comfort In A Vibrant Neighborhood
4801 E Washington St Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
6
$775
One Somerset
3765 S State Ave Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$700
Pilgrim
1015 W 31St St Indianapolis, IN
Studio | Available Now
Contact
Storage
36
$879
The Courts Apartment Homes
4425 Linwood Ct Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$795
1411-1413 N Pershing Ave
1411-13 N Pershing Ave Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
1
$850
1133-35 N Olney
Indianapolis, IN
2 BR | Available Now
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Storage
Disability Access
1
$900
6111 Laurel Hall Dr
Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Disability Access
2
$745
207 - Shortridge
3601 N Meridian St Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
13
$800
4823 E Michigan St Unit Unit
Indianapolis, IN
2 BR | Dec. 15, 2025
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
1
$715 - 764
Biltmore Apartments
3540 N Meridian St Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
7
$725 - 850
5730 E Washington St
Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
6
$875
1846 E Brookside Ave
Indianapolis, IN
3 BR | Ask for Availability
Contact
House
4
$695
618 N Euclid Ave
Indianapolis, IN
2 BR | Ask for Availability
Contact
House
1
$799
239 N Tacoma St
Indianapolis, IN
2 BR | Dec. 31, 2025
Contact
Dog Friendly
Cat Friendly
House
1
$875
50 - Saxony Court Apartments
29 S Audubon Rd Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
1
$775
1750 - 1752 North Rural Street
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
8
$771
Dequincy St
Indianapolis, IN
1 BR | Ask for Availability
Contact
17
$550
*coming Soon!* 5345 E Washington St Unit 20, Indpls, In 46219
5345 E Washington St Apt 20 Indianapolis, IN
Studio | Ask for Availability
Contact
House
1
$850
1910 1912 Lexington Ave
Indianapolis, IN
1 BR | Available Now
Contact
Storage
23
$809 - 830
South & Madison
1834 Madison Village Dr Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
1
$800
409 N Gray St
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
1
$699
Oxmoor Indy
3640 N Meridian St Indianapolis, IN
1 BR | Available Now
Contact
Storage
12
$825
Fountain Square 2 Bed 1 Bath
518 S State Ave Indianapolis, IN
2 BR | Ask for Availability
Contact
House
Air Conditioning
15
$875
4912 E Washington St
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
1
$750
1038 W Roache St
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
2
$760
37 - 57 E 38TH STREET, BARRINGTON APARTMENTS
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
1
$ Ask - 1,091
Historic Irvington Flats
222 S Downey Ave Indianapolis, IN
1 BR | Available Now
Contact
Cat Friendly
Storage
Disability Access
24
$775 - 895
26 E 14th St
Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Old Northside
61 - 90 of 229 Results
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Frequently Asked Questions

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

There are 229 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 37 studio cheap apartments available for rent in Indianapolis.

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

Rentable.co has 649 one-bedroom cheap apartments available for rent in Indianapolis.

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

Rentable.co has 654 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. Herron Morton
  4. Fletcher Place

Cheap Apartments in Indianapolis, IN: December Rental Information

Welcome to the December 2025 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2025 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
25
The chart above displays the number of available cheap apartments in Indianapolis, IN, and the surrounding cities as of December, 2025. 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 December M/M % Change
Indianapolis, IN 26 +0.91%
Greenwood, IN 1 +1.0%
Noblesville, IN 1 +1.0%
Beech Grove, IN 0 +1.0%

Looking for Cheap Apartments in Indianapolis?

Available cheap apartments 1,536
Top amenities Fitness Center, Dishwasher, Refrigerator, Pool, High Speed Internet
Deals 27
Pet friendly 72
Utilities included 9
Studio 12
1 Bedroom 31
2 Bedroom 40

Where are Cheap Indianapolis Apartments?

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