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Cheap Apartments in Indianapolis, IN

91 - 120 of 208 Results
1
$721 - 928
The Near Northside
1733 N Meridian St Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
Herron Morton
1
$850
2163 S Delaware St
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
12
$869
Serenity Park Apartments
9060 E 39th Pl Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
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
15
$850
1062 W 35th St
Indianapolis, IN
1 BR | Available Now
Contact
House
1
$900
3725 E Vermont
3725 E Vermont St Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
8
$750
Parkside Apartments
2900 S Pennsylvania St Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
11
$848
S Denny St
Indianapolis, IN
1 BR | Ask for Availability
Contact
7
$895
1119 S Denny St
Indianapolis, IN
2 BR | Available Now
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House
19
$835
Chelsea Manor
549 N Senate Ave Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Upper Canal
1
$805
3709-3711 Brookside Pkwy S Dr
3709 Brookside Pkwy S Dr Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
14
$869
2372 Beckwith Dr Unit 1br
Indianapolis, IN
1 BR | Available Now
Contact
Balcony/Deck/Patio
Martindale
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
20
$926 - 930
549 Senate Ave
Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
Upper Canal
1
$699
Oxmoor Indy
3640 N Meridian St Indianapolis, IN
1 BR | Available Now
Contact
Storage
11
$749
2372 Beckwith Dr Unit Studio
Indianapolis, IN
Studio | Available Now
Contact
Martindale
7
$895
3021 N Olney St
Indianapolis, IN
4 BR | Ask for Availability
Contact
House
15
$795
1465 W 34th St
Indianapolis, IN
1 BR | Ask for Availability
Contact
House
7
$795
1602 S Butler Ave
Indianapolis, IN
3 BR | Ask for Availability
Contact
House
11
$800
2345 Perkins Ave
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
15
$800
3520 E Fall Creek Pkwy N
Indianapolis, IN
Studio | Nov. 14, 2026
Contact
Dog Friendly
Cat Friendly
10
$745
W Nd St
Indianapolis, IN
1 BR | Ask for Availability
Contact
10
$878
Gent Ave
Indianapolis, IN
1 BR | Ask for Availability
Contact
7
$852
E Perry St
Indianapolis, IN
1 BR | Ask for Availability
Contact
7
$925
534 N Alton Ave
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
10
$900
2102 N Leland Ave
Indianapolis, IN
2 BR | Ask for Availability
Contact
House
Dishwasher
6
$925
412 S Gerrard Dr
Indianapolis, IN
2 BR | Ask for Availability
Contact
House
82
$725 - 875
26 E 14th St
Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Old Northside
91 - 120 of 208 Results
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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
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