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Cheap Apartments in Indianapolis, IN

151 - 180 of 245 Results
7
$895
257 S Temple Ave
Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
House
11
$665
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
30
$875 - 900
4912 E Washington St
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
17
$575
*coming Soon* 5345 E Washington St. Unit 18 Indpls, In 46219
5345 E Washington St Apt 18 Indianapolis, IN
Studio | Ask for Availability
Contact
House
8
$950
1643 N Livingston Ave
Indianapolis, IN
2 BR | Ask for Availability
Contact
House
5
$895
3047 Foltz St
Indianapolis, IN
4 BR | Ask for Availability
Contact
House
4
$649
5332 E Washington St
Indianapolis, IN
1 BR | Available Now
Contact
$925
919 Broadway
Indianapolis, IN
1 BR | Available Now
Contact
Disability Access
Old Northside
$860
The Abby
Deal
4656 Edwardian Cir Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Covered Parking
Balcony/Deck/Patio
1
$900
6048 Dickson Rd
Indianapolis, IN
2 BR | Available Now
Contact
1
$825
Warren Park 1-2 Bedroom Apartments
9136 E 10th St Indianapolis, IN
2 BR | Ask for Availability
Contact
Air Conditioning
0
$825
9128 E 10Th St
Indianapolis, IN
2 BR | Ask for Availability
Contact
0
$765
Lily | Studio
5148 Audrey Ave Indianapolis, IN
Studio | Mar. 9, 2026
Contact
Dog Friendly
Cat Friendly
Dishwasher
0
$900
Villa Del Sol Apartments
3636 Mission Dr Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
1
$950
6050 E Washington St
Indianapolis, IN
1 BR | Available Now
Contact
0
$750
5819 E Washington Unit 11
Indianapolis, IN
Studio | Available Now
Contact
0
$849
Spacious 1 Bed 1 Bath In The Heart Of Speedway!
5921 W 25th St Indianapolis, IN
1 BR | Available Now
Contact
0
$925
Live In Style At Bellagio East Living I: Convenient And Vibrant Community In Indianapolis
7051 E 11th St Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$846
Downtown Living
430 Massachusetts Ave Indianapolis, IN
2 BR | Ask for Availability
Contact
Downtown Indianapolis
0
$789 - 1,237
Garfield Park Village
360 Sandra Ln Indianapolis, IN
1 BR | Available Now
Contact
1
$750
098
2861 S Roena St Indianapolis, IN
1 BR | Available Now
Contact
0
$750
5819 E Washington Unit 14
Indianapolis, IN
1 BR | Available Now
Contact
1
$799
East Ridge Apartments
2304 N Ritter Ave Indianapolis, IN
2 BR | Ask for Availability
Contact
0
$799
East Ridge Apartments
2308 N Ritter Ave Indianapolis, IN
2 BR | Ask for Availability
Contact
1
$700
Perfectly Located Apartments
602 W Hanna Ave Indianapolis, IN
1 BR | Ask for Availability
Contact
1
$950
Available Now! Charming 3-bed, 1-bath Historic Duplex In Indianapolis!
554 N Parker Ave Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$900
6108 Dickson Rd
Indianapolis, IN
2 BR | Available Now
Contact
0
$825
9132 E 10Th St
Indianapolis, IN
2 BR | Ask for Availability
Contact
2
$825
Warren Park 1-2 Bedroom Apartments
9126 E 10Th St Indianapolis, IN
2 BR | Ask for Availability
Contact
Air Conditioning
11
$840 - 895
Stonehenge Apartments
7980 Dunston Drive Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
151 - 180 of 245 Results
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Frequently Asked Questions

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

There are 245 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 533 one-bedroom cheap apartments available for rent in Indianapolis.

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

Rentable.co has 498 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: February Rental Information

Welcome to the February 2026 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the February 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 22 45 67 90 <$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
28
The chart above displays the number of available cheap apartments in Indianapolis, IN, and the surrounding cities as of February, 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 30, 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 February M/M % Change
Indianapolis, IN 28 +0.93%
Greenwood, IN 1 +1.0%
Noblesville, IN 1 +1.0%

Looking for Cheap Apartments in Indianapolis?

Available cheap apartments 1,162
Top amenities Fitness Center, In Unit Laundry, Refrigerator, Range / Oven, High Speed Internet
Deals 23
Pet friendly 45
Utilities included 13
Studio 13
1 Bedroom 29
2 Bedroom 20

Where are Cheap Indianapolis Apartments?

Top Neighborhoods Upper canal, Fletcher place, Downtown indianapolis, Herron morton
Upper Canal 4
Fletcher Place 2
Downtown Indianapolis 1
Herron Morton 1
Browse Indianapolis Apartments
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