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Cheap Apartments in Indianapolis, IN

121 - 150 of 187 Results
1
$899
Studio Duplex Located On The Westside Near 10th St And White River Pkway Dr
765 N Belleview Pl Insianapolis, IN
1 BR | Available Now
Contact
House
3
$825
8917 Duxbury RD
Indianapolis, IN
1 BR | Ask for Availability
Contact
Air Conditioning
Dishwasher
2
$900
3030 E 10th St
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$900
West Side Efficiency Apartment
2013 Miller St Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
West Indianapolis
1
$700
4724 & 4726 E 34th St
Indianapolis, IN
1 BR | Available Now
Contact
1
$775
Spacious One Bedroom Duplex Near E. Michigan And Emerson
4312 E Michigan St Indianapolis, IN
1 BR | Available Now
Contact
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
$805 - 820
Campbell Apartments Near Downtown Available Now!
Campbell Ave Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
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
0
$725
5819 E Washington Unit 14
Indianapolis, IN
Studio | Available Now
Contact
1
$828 - 915
Emma O Johnson Senior Apartments
819 Edgemont Ave Indianapolis, IN
Studio - 1 BR | Available Now
Contact
0
$715
5819 E Washington Street Unit 8
5819 E Washington Unit 8 Indianapolis, IN
Studio | Available Now
Contact
Dishwasher
0
$895
5334 E Washington St - Unit 4 - $895.00/mo.
5334 E Washington St Unit 4 Indianapolis, IN
1 BR | Available Now
Contact
0
$900
Villa Del Sol Apartments
3636 Mission Dr Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
0
$859
Maple Court - 2 Bedroom Original
3536 N Pennsylvania St Apt A3 Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Mapelton
0
$850 - 899
English Village Apartments
545 English Village Dr Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
1
$699
1354-1356 N Olney St
1354 N Olney St Indianapolis, IN
1 BR | Available Now
Contact
1
$799
1515-1517 E Michigan St
Indianapolis, IN
1 BR | Available Now
Contact
Woodruff Place
0
$855
Live In Style Without Breaking The Bank At Magnolias Living Apartments Washer & Dryer In-unit
3340 N Meridian St Indianapolis, IN
1 BR | Available Now
Contact
1
$775
Spacious One Bedroom Duplex Near E. Michigan And Emerson
4310 E Michigan St Indianapolis, IN
1 BR | Available Now
Contact
House
1
$900
Perfectly Located Apartments
602 W Hanna Ave Indianapolis, IN
2 BR | Ask for Availability
Contact
9
$561 - 829
Braeburn Village Apartments
3.4
2170 Braeburn East Drive Indianapolis, IN
1 - 3 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Storage
10
$835
The Residences On 56th Street
6800 Brendon Way West Indianapolis, IN
1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Fitness Center
10
$850 - 889
Landmark Apartments
2.7
7653 Woodmore Trace Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Townhome
Covered Parking
44
$774 - 875
Retreat Northwest
1130 Racquet Club N Dr Indianapolis, IN
1 - 2 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Fitness Center
Storage
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
17
$649 - 775
M Club
1.0
7007 Courthouse Dr Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Surface Parking
Balcony/Deck/Patio
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
12
$625 - 850
Berkley Commons Apartments
8201 Madison Ave Indianapois, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
121 - 150 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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