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Cheap Apartments in Indianapolis, IN

91 - 120 of 202 Results
14
$850
The Reserves at Warren Park
9120 E. 10Th Street Indianapolis, IN
2 BR | Available Now
Contact
Cat Friendly
Balcony/Deck/Patio
10
$659 - 899
Rosewood Commons
4.0
5549 Rosewood Commons Dr. Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Air Conditioning
Balcony/Deck/Patio
38
$679 - 840
Arlington Green (Indy Town)
1.4
6046 E 21st Street, Suite 1b Management Office Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
1
$899
Welcome To Dawson Village – Welcome Home!
2469 S Dawson St Indianapolis, IN
2 BR | Aug. 17, 2026
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
12
$625 - 850
Berkley Commons Apartments
8201 Madison Ave Indianapois, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
10
$850
6506 Julian Ave Unit C1
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
8
$895
Monon Walk
6115 Winthrop Ave Indianapolis, IN
Studio | Available Now
Contact
1
$899
Westside 2 Bedroom Duplex Located Near Harding And 21st Street
2248 N Harding St Indianapolis, IN
2 BR | Available Now
Contact
House
0
$895
Irvington Living III
4926 E Washington St Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
1
$795
Churchman 1022-24
1022-24 Churchman Ave Indianapolis, IN
1 BR | Available Now
Contact
Air Conditioning
Storage
15
$889
The Stratford Apartments
3201 Watergate Rd Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
8
$685
1630 Woodlawn Ave
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
7
$895
39 N Tacoma Ave
Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
15
$695
3019 Boulevard Pl
Indianapolis, IN
3 BR | Ask for Availability
Contact
House
7
$650
1527 S State Ave
Indianapolis, IN
2 BR | Ask for Availability
Contact
House
6
$825
Churchill Apartments
3602 Central Ave Indianapolis, IN
2 BR | Ask for Availability
Contact
Air Conditioning
Mapelton
69
$631 - 765
3609 Balsam Ave
Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
42
$691 - 813
5230 E Washington St
Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
12
3D Tour
$449 - 819
Lakeside Point At Nora
9000 N College Avenue Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Pool
1
$889
50 - Saxony Court Apartments
29 S Audubon Rd Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
1
$850
1910 1912 Lexington Ave
Indianapolis, IN
1 BR | Available Now
Contact
Storage
2
$790 - 819
170 - Markwood Associates
920 E Markwood Ave Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
4
$899
Enclave Park 100
5802 W 71st St Indianapolis, IN
Studio | Available Now
Contact
9
$ Ask - 1,145
920 North Alabama
Indianapolis, IN
1 BR | Available Now
Contact
Old Northside
6
$795
225 Trowbridge St
Indianapolis, IN
2 BR | Ask for Availability
Contact
House
5
$900
1230 Taylor Dr W
Indianapolis, IN
2 BR | Ask for Availability
Contact
House
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
$799
229-231 N Jefferson Ave
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Woodruff Place
4
$300
1635 Draper St
Indianapolis, IN
Studio | Available Now
Contact
16
$705
The Sheldrake
2258 N Meridian St Indianapolis, IN
Studio | Ask for Availability
Contact
Air Conditioning
Fitness Center
91 - 120 of 202 Results
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Frequently Asked Questions

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

There are 202 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 53 studio cheap apartments available for rent in Indianapolis.

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

Rentable.co has 679 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: August Rental Information

Welcome to the August 2026 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the August 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 $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 August, 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 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 August M/M % Change
Indianapolis, IN 30 +0.96%
Noblesville, IN 1 +1.12%
Greenwood, IN 1 +1.0%
Plainfield, IN 1 +0.8%
Lebanon, IN 0 +1.0%
Whitestown, IN 0 +1.0%

Looking for Cheap Apartments in Indianapolis?

Available cheap apartments 1,556
Top amenities Fitness Center, Refrigerator, Microwave, High Speed Internet, Package Receiving
Deals 50
Pet friendly 42
Utilities included 13
1 Bedroom 39
2 Bedroom 21
3 Bedroom 17

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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