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Cheap Apartments in Indianapolis, IN

91 - 120 of 187 Results
1
$700
5260-5262 Fletcher Ave
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
1
$850
3536-3538 N Parker Ave
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
12
$749
2372 Beckwith Dr Unit Studio
Indianapolis, IN
Studio | Available Now
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Martindale
5
$895
1230 Taylor Dr W
Indianapolis, IN
2 BR | Ask for Availability
Contact
15
$825
1465 W 34th St
Indianapolis, IN
1 BR | Ask for Availability
Contact
House
7
$850
1602 S Butler Ave
Indianapolis, IN
3 BR | Ask for Availability
Contact
House
15
$746
3520 E Fall Creek Pkwy N
Indianapolis, IN
Studio | Nov. 14, 2026
Contact
Dog Friendly
Cat Friendly
11
$805
S Denny St
Indianapolis, IN
1 BR | Ask for Availability
Contact
7
$780
Wheeler St
Indianapolis, IN
1 BR | Ask for Availability
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7
$895
1119 S Denny St
Indianapolis, IN
2 BR | Available Now
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House
16
$895
2346 Coyner Ave
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
22
$791
3534 E Fall Creek Pkwy N
Indianapolis, IN
1 BR | Oct. 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
27
$764 - 765
3528 E Fall Creek Pkwy N
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
2
$899 - 1,427
7936 Timber Ridge Dr
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
Pool
1
$825
Mills 969-971
969-971 E Mills Ave Indianapolis, IN
1 BR | Available Now
Contact
Storage
1
$899
Dawson Village
2469 S Dawson St Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
1
$650
Churchman 1022-24
1022-24 Churchman Ave Indianapolis, IN
1 BR | Available Now
Contact
Air Conditioning
Storage
15
$759 - 919
The Stratford Apartments
3201 Watergate Rd Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
11
$750
810 N Gladstone Ave
Indianapolis, IN
1 BR | Ask for Availability
Contact
House
24
$684 - 750
5730 E Washington St
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
28
$788
E Sumner Ave
Indianapolis, IN
1 BR | Ask for Availability
Contact
57
$774 - 875
26 E 14th St
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Old Northside
7
$895
39 N Tacoma Ave
Indianapolis, IN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
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
1
$775
Spacious One Bedroom Duplex Near E. Michigan And Emerson
4312 E Michigan St Indianapolis, IN
1 BR | Available Now
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House
1
$850
1 Bedroom, 1 Bathroom Duplex Apartment
4804 E 34th St Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$900
Cozy & Updated 1 Bedroom | 1 Bathroom Efficiency Apartment
2015 Miller St Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
West Indianapolis
1
$805 - 820
Campbell Apartments Near Downtown Available Now!
Campbell Ave Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
0
$850 - 899
English Village Apartments
545 English Village Dr Indianapolis, IN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
91 - 120 of 187 Results
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Frequently Asked Questions

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

There are 187 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 681 one-bedroom cheap apartments available for rent in Indianapolis.

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

Rentable.co has 540 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
  4. Herron Morton

Cheap Apartments in Indianapolis, IN: September Rental Information

Welcome to the September 2026 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the September 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 12 25 37 50 <$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 September, 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 September M/M % Change
Indianapolis, IN 29 +1.02%
Greenwood, IN 1 +1.0%
Noblesville, IN 1 +1.14%
Plainfield, IN 1 +1.0%
Lebanon, IN 1 -1.0%
Westfield, IN 0 +1.0%
Whitestown, IN 0 +1.0%

Looking for Cheap Apartments in Indianapolis?

Available cheap apartments 1,302
Top amenities Fitness Center, Dishwasher, In Unit Laundry, Refrigerator, Package Receiving
Deals 39
Pet friendly 38
Utilities included 11
Studio 14
1 Bedroom 35
2 Bedroom 21

Where are Cheap Indianapolis Apartments?

Top Neighborhoods Upper canal, Fletcher place, Downtown indianapolis, Herron morton
Upper Canal 5
Fletcher Place 2
Downtown Indianapolis 1
Herron Morton 1
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