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Cheap Apartments in Indianapolis, IN

181 - 209 of 209 Results
0
$905
Rpmindiana.com
664 E 17th St Indianapolis, IN
1 BR | Dec. 14, 2026
Contact
Dog Friendly
Cat Friendly
Dishwasher
Kingpark
0
$900
Villa Del Sol Apartments
3636 Mission Dr Indianapolis, IN
1 BR | Dec. 21, 2026
Contact
Dog Friendly
Cat Friendly
Dishwasher
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
$699 - 1,271
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
6
$780
8015 Cole Wood Blvd
Deal
Indianapolis, IN
3 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Student
Virtual Tour
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
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
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
5
$700
3018 Southwest Drive
Indianapolis, IN
4 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
House
Air Conditioning
1
$899
East Side 3 Bedroom Half Double
314 N Linwood Ave Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
16
$695
Fountain Square Duplex 2 Bed 1 Bath
1044 Dawson St Indianapolis, IN
2 BR | Ask for Availability
Contact
Air Conditioning
2
$850
Magnolia Living - 3330-3340 N. Meridian St.
3330-3340 N Meridian St Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
20
$599
1702 W Michigan Street
1702 W Michigan St Indianapolis, IN
Studio | Ask for Availability
Contact
7
$750
Michigan Duplex
4206-4208 E Michigan St Indianapolis, IN
2 BR | Ask for Availability
Contact
Dishwasher
31
$700
Newly Renovated By Neighborhood Revival
1942 Houston St Indianapolis, IN
1 BR | Ask for Availability
Contact
Air Conditioning
In Unit Laundry
0
$900
8 N Butler Ave
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
17
$749
140 E 19Th St
Indianapolis, IN
2 BR | Ask for Availability
Contact
Dishwasher
Herron Morton
4
$725
1 Bedroom Shelby Unit
1952 S Shelby St Indianapolis, IN
1 BR | Ask for Availability
Contact
Air Conditioning
$795
Live In Style At Bellagio East Living Ii: Convenient And Vibrant Community In Indianapolis
3001 N Webster Ave Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
1
$795
Charming 2-bedroom Home In Historic Indianapolis Neighborhood
1221 N Rural St Indianapolis, IN
2 BR | Available Now
Contact
House
2
$649
925 N Oakland Ave
Indianapolis, IN
2 BR | Ask for Availability
Contact
1
$625
2 Bedroom 1 Bath
1628 N Colorado Ave Indianapolis, IN
2 BR | Ask for Availability
Contact
1
$900
122 E. 22Nd Street
Indianapolis, IN
1 BR | Ask for Availability
Contact
Herron Morton
1
$650
4721 E 34Th St
Indianapolis, IN
1 BR | Ask for Availability
Contact
$596 - 861
Fishermans Village
2975 Coast Drive Indianapolis, IN
1 - 2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
$600
1 Bed House For Rent
2926 E 18Th St Indianapolis, IN
1 BR | Ask for Availability
Contact
$750
2226 N Kenyon St
Indianapolis, IN
2 BR | Ask for Availability
Contact
181 - 209 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
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