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Cheap Apartments in Indianapolis, IN

121 - 150 of 208 Results
28
$835
E Sumner Ave
Indianapolis, IN
1 BR | Ask for Availability
Contact
7
$852
E Perry St
Indianapolis, IN
1 BR | Ask for Availability
Contact
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
7
$925
534 N Alton Ave
Indianapolis, IN
2 BR | Available Now
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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
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Dog Friendly
Cat Friendly
Old Northside
6
$825
645 N Exeter Ave
Indianapolis, IN
3 BR | Ask for Availability
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House
3
$929
5220 Luzzane Ln
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Surface Parking
Balcony/Deck/Patio
4
$875
Brookhaven Apartments
3900 N Shadeland Ave Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
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
Contact
Martindale
1
$825
Spacious 2br Apartment On Westside
1005 N Pershing Ave Unit 2 Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Disability Access
1
$825
Mills 969-971
969-971 E Mills Ave Indianapolis, IN
1 BR | Available Now
Contact
Storage
36
$899
The Courts Apartment Homes
4425 Linwood Ct Indianapolis, IN
1 BR | Dec. 11, 2026
Contact
Dog Friendly
Cat Friendly
2
$849 - 1,299
7936 Timber Ridge Dr
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
Pool
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
1
$749
Evergreen On The Monon, Llc
3575 Evergreen Ave Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
1
$899
Birchwood Place Apartments
1040 Fairfield Ave Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Mapelton
0
$900
The Sterling
8020 Madison Ave Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
7
$875
1538 E Naomi St
Indianapolis, IN
2 BR | Ask for Availability
Contact
House
12
$805
1424 Campbell Ave
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
8
$925
1623 Nelson Ave
Indianapolis, IN
4 BR | Ask for Availability
Contact
House
56
$753 - 825
3609 Balsam Ave
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
17
$795 - 900
5230 E Washington St
Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
35
$895
N Oakland Ave
Indianapolis, IN
1 BR | Ask for Availability
Contact
121 - 150 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
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