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Cheap Apartments in Indianapolis, IN

91 - 120 of 240 Results
7
$895
2348 Saint Paul
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$950
6049 Dickson Rd
Indianapolis, IN
2 BR | Apr. 13, 2026
Contact
Dog Friendly
Cat Friendly
Storage
1
$869 - 875
50 - Saxony Court Apartments
29 S Audubon Rd Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
2
$935
170 - Markwood Associates
920 E Markwood Ave Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
1
$825 - 850
1910 1912 Lexington Ave
Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Storage
13
$947
E Maryland St
Indianapolis, IN
1 BR | Ask for Availability
Contact
Fletcher Place
10
$850
3709 Brookside Pkwy S Dr
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
5
$822
E Th St
Indianapolis, IN
1 BR | Ask for Availability
Contact
17
$575
5345 E Washington St. Unit 30 Indpls, In 46219
5345 E Washington St Apt 30 Indianapolis, IN
Studio | Ask for Availability
Contact
House
8
$835
Dequincy St
Indianapolis, IN
1 BR | Ask for Availability
Contact
7
$775
N Berwick Ave
Indianapolis, IN
1 BR | Ask for Availability
Contact
23
$809 - 865
South & Madison
1834 Madison Village Dr Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
36
$800
3130 E Bradbury Ave
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
7
$925
2403 N Oxford St
Indianapolis, IN
3 BR | Ask for Availability
Contact
House
6
$950
1736 Draper St
Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
12
$799
1005 Sanders St
Indianapolis, IN
1 BR | Available Now
Contact
Air Conditioning
1
$850
2910 Winthrop Ave
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
0
$905
Experience Luxury Living At Bellagio Living Ii: Modern Apartments In Lawrence, Indiana
8946 Brigadier Dr Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
19
$907
549 N Senate Ave
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Upper Canal
6
$649 - 774
Volrath
118 Palmer St Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dishwasher
12
$769 - 940
Serenity Park Apartments
9060 E 39th Pl Indianapolis, IN
1 - 2 BR | Apr. 16, 2026
Contact
Dog Friendly
Cat Friendly
1
$939
The Near Northside
1733 N Meridian St Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
Herron Morton
13
$800
1230 N Kealing Ave Unit Bedroom
Indianapolis, IN
1 BR | Mar. 31, 2026
Contact
Air Conditioning
Storage
Dishwasher
11
$649
25 S Emerson Ave Unit B
Indianapolis, IN
1 BR | Available Now
Contact
20
$767
Munter Ln
Indianapolis, IN
1 BR | Ask for Availability
Contact
20
$925
3541 N Meridian St Apt 205
Indianapolis, IN
2 BR | Ask for Availability
Contact
House
17
$575
*coming Soon* 5345 E. Washington St. Unit 32 Indpls, In 46219
5345 E Washington St Apt 32 Indianapolis, IN
Studio | Ask for Availability
Contact
House
18
$800
3541 N Meridian St Apt 310
Indianapolis, IN
1 BR | Ask for Availability
Contact
House
Dishwasher
19
$925
3541 N Meridian St Apt 104
Indianapolis, IN
2 BR | Ask for Availability
Contact
House
1
$950
6118 Dickson Rd
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
91 - 120 of 240 Results
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Frequently Asked Questions

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

There are 240 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 44 studio cheap apartments available for rent in Indianapolis.

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

Rentable.co has 692 one-bedroom cheap apartments available for rent in Indianapolis.

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

Rentable.co has 549 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: March Rental Information

Welcome to the March 2026 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 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 20 40 60 80 <$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
28
The chart above displays the number of available cheap apartments in Indianapolis, IN, and the surrounding cities as of March, 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 30, 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 March M/M % Change
Indianapolis, IN 29 +0.99%
Greenwood, IN 1 +1.0%
Noblesville, IN 1 +1.0%
Westfield, IN 0 +1.0%

Looking for Cheap Apartments in Indianapolis?

Available cheap apartments 1,244
Top amenities Fitness Center, In Unit Laundry, Refrigerator, Range / Oven, Microwave
Deals 20
Pet friendly 41
Utilities included 8
Studio 12
1 Bedroom 26
2 Bedroom 16

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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