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Cheap Apartments in Indianapolis, IN

151 - 180 of 202 Results
1
$900
New Listing! 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
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
0
$715
5819 E Washington Unit 7
Indianapolis, IN
Studio | Available Now
Contact
2
$900
3030 E 10th St
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
0
$799 - 1,300
Garfield Park Village
360 Sandra Ln Indianapolis, IN
1 - 2 BR | Available Now
Contact
3
$825
8917 Duxbury RD
Indianapolis, IN
1 BR | Ask for Availability
Contact
Air Conditioning
Dishwasher
1
$799
1515-1517 E Michigan St
Indianapolis, IN
1 BR | Available Now
Contact
Woodruff Place
1
$745
1354-1356 N Olney St
1354 N Olney St Indianapolis, IN
1 BR | Available Now
Contact
1
$900
Perfectly Located Apartments
602 W Hanna Ave Indianapolis, IN
2 BR | Ask for Availability
Contact
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
1
$625
Studio Apartment On S Brookville Rd & S Arlington Ave
565 S Webster Ave Indianapolis, IN
Studio | Available Now
Contact
House
1
$899
Southside Two Bedroom Duplex With Large Back Yard
1629 Spruce St Indianapolis, IN
2 BR | Available Now
Contact
House
10
$885 - 1,040
Astoria Park Apartments
3640 Beluga Lane Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Fitness Center
11
$840 - 895
Stonehenge Apartments
7980 Dunston Drive Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Balcony/Deck/Patio
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
30
$850 - 895
Brookwood Apartments
5301 S Turtle Creek Drive Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
12
$774 - 969
Scarborough Lake Apartments
6430 Maidstone Road Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Pool
14
$702 - 986
Pangea Vineyards
10101 E Montery Rd Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
14
$850 - 895
Irvington Living II
4801 E Washington St Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Dishwasher
9
$ Ask - 1,230
Madison Lofts
1430 & 1420 Madison Ave. Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
29
$ Ask - 950
Duke Manor
311 S Lasalle St Santa Barbara, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
In Unit Laundry
Fitness Center
5
$700
3018 Southwest Drive
Indianapolis, IN
4 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
House
Air Conditioning
$750
Parkside Apartments
2900 S Pennsylvania St Indianapolis, IN
1 BR | Available Now
Contact
11
$749 - 960
Sherbrook
8026 Mcfarland Court Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
9
$650
Speedway Fisher Apartments
5125 W 10th St Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
31
$850
5901 E Washington St
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
15
$811 - 893
Lake Camelot Apartments
6475 Excalibur Ct Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Balcony/Deck/Patio
19
$ Ask - 1,689
Country Lake Townhomes
2910 A White Knight Blvd Indianapolis, IN
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
Air Conditioning
Balcony/Deck/Patio
25
$873 - 971
Waterstone Place Apartments
2755 Merlin Lake Drive Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Balcony/Deck/Patio
17
$870 - 1,000
Pangea Hills
5500 Pleasant Hill Circle Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Balcony/Deck/Patio
151 - 180 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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