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Cheap Apartments in Indianapolis, IN

151 - 180 of 209 Results
12
$775
4335 Spann Ave
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
8
$925
4605 N Hartman Dr
Indianapolis, IN
3 BR | Ask for Availability
Contact
House
9
$700
231 N Jefferson Ave
Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Woodruff Place
18
$595
5345 E Washington St. Unit 12, Indpls, In 46219
5345 E Washington St Apt 12 Indianapolis, IN
Studio | Ask for Availability
Contact
House
11
$675
Dunbar Court Apartments
1022 Dr Martin Luther King Jr St Indianapolis, IN
Studio | Ask for Availability
Contact
Air Conditioning
In Unit Laundry
Dishwasher
Upper Canal
15
$850
1062 W 35th St
Indianapolis, IN
1 BR | Available Now
Contact
House
82
$725 - 875
26 E 14th St
Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Old Northside
1
$625
137
634 E 37th St Indianapolis, IN
1 BR | Available Now
Contact
1
$850
Now Showing: 1 Bedroom/1 Bathroom Duplex Located At 1248 N Colorado Ave. In Indianapolis, In
1248 N Colorado Ave Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
0
$900
Villa Del Sol Apartments
3636 Mission Dr Indianapolis, IN
1 BR | Dec. 21, 2026
Contact
Dog Friendly
Cat Friendly
Dishwasher
1
$899
3519 N. Sherman
Indianapolis, IN
2 BR | Available Now
Contact
House
$820
Near Eastside
945 N Keystone Ave Indianapolis, IN
1 BR | Available Now
Contact
Storage
Disability Access
Woodruff Place
0
$905
Rpmindiana.com
664 E 17th St Indianapolis, IN
1 BR | Dec. 14, 2026
Contact
Dog Friendly
Cat Friendly
Dishwasher
Kingpark
0
$875
5334 E Washington St - Unit 4 - $895.00/mo.
5334 E Washington St Unit 4 Indianapolis, IN
1 BR | Available Now
Contact
0
$699 - 1,271
Garfield Park Village
360 Sandra Ln Indianapolis, IN
1 - 2 BR | Available Now
Contact
1
$800
Perkins Apartments
2345 Perkins Ave Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
0
$900
Convenient 2 Br / 1 Ba Duplex Unit With Shared Front Porch
2322 Paris Ave Indianapolis, IN
2 BR | Available Now
Contact
3
$825
8917 Duxbury RD
Indianapolis, IN
1 BR | Ask for Availability
Contact
Air Conditioning
Dishwasher
0
$925
Emerson Heights 2 Bedroom 1 Bath With Central Air
507 N Bosart Ave Indianapolis, IN
2 BR | Available Now
Contact
1
$775
3510-3512 Parker
Indianapolis, IN
1 BR | Available Now
Contact
1
$805 - 820
Campbell Apartments Near Downtown Available Now!
Campbell Ave Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
3
$925
1362 S. Sheffield Ave. Indpls *50% Deposit For Qualified Applicants!*
1362 S Sheffield Ave Indianapolis, IN
2 BR | Ask for Availability
Contact
House
West Indianapolis
0
$863 - 1,194
Lily | Studio
4954 Brock St Indianapolis, IN
Studio | Jan. 7, 2027
Contact
Dog Friendly
Cat Friendly
Dishwasher
1
$900
218 - 220 N RURAL ST
Indianapolis, IN
2 BR | Available Now
Contact
1
$700
1929 & 1931 N Oxford St, Indianapolis, IN 46218
Indianapolis, IN
1 BR | Available Now
Contact
0
$900
Charming 2 Br / 1 Ba Duplex With Covered Front Porch
2324 Paris Ave Indianapolis, IN
2 BR | Available Now
Contact
1
$828 - 915
Emma O Johnson Senior Apartments
819 Edgemont Ave Indianapolis, IN
Studio - 1 BR | Available Now
Contact
1
$750
2349 - 2351 North LaSalle Street
Indianapolis, IN
1 BR | Available Now
Contact
1
$895
505-507 N Bosart
505 N Bosart Ave Indianapolis, IN
2 BR | Available Now
Contact
0
$850 - 899
English Village Apartments
545 English Village Dr Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
151 - 180 of 209 Results
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Frequently Asked Questions

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

There are 209 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
Browse Indianapolis Apartments
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