Cheap Apartments for Rent in Indianapolis, IN

13,697 Rentals

.

1 BED

$1,157+

2 BEDS

$1,383+

3 BEDS

$1,592+

The Meadows

4115 Meadows Dr, Indianapolis, IN 46205
1 BED

$1,159+

2 BEDS

$1,610+

School 85

338 S Arlington Ave, Indianapolis, IN 46219
2 BEDS, 1 BATH

$1,160

1934 N Bosart Ave

1934 N Bosart Ave, Indianapolis, IN 46218

Call (317) 806-2071
STUDIO

$1,164+

1 BED

$1,422+

2 BEDS

$1,918+

The Vue

718 E Georgia St, Indianapolis, IN 46202
$370 Off

Price Drop. $370 Off

1 BED

$1,165+

2 BEDS

$1,200+

TGM Shadeland Station

7135 Thatcher Dr, Indianapolis, IN 46256

Call (463) 215-6145
1 BED

$1,165+

2 BEDS

$1,305+

The Elliott at College Park Apartment Homes

8760 LeMode Ct, Indianapolis, IN 46268

Call (463) 229-6545
1 BED

$1,165+

2 BEDS

$1,468+

Lakeshore Apartments

8210 Lakeshore Trail East Dr, Indianapolis, IN 46250

Call (463) 240-3215
1 BED

$1,166+

2 BEDS

$1,372+

3 BEDS

$2,072+

Chelsea Village

9280 Chelsea Village Dr, Indianapolis, IN 46260

Call (317) 951-9864
1 BED

$1,170+

2 BEDS

$1,196+

3 BEDS

$1,733+

Murphy's Landing

6909 Murphys Landing Ln, Indianapolis, IN 46217

Call (463) 444-8891
1 BED

$1,171+

2 BEDS

$1,268+

3 BEDS

$1,407+

The 85Twenty

8520 Sierra Ridge Dr, Indianapolis, IN 46239

Call (463) 300-6033
1 BED

$1,172+

2 BEDS

$1,514+

3 BEDS

$2,034+

4 BEDS

$3,496+

Ralston Apartments

1201 Indiana Ave, Indianapolis, IN 46202

Call (463) 800-8310
1 Month Free

1 Month Free

|

STUDIO

$1,175+

1 BED

$1,319+

2 BEDS

$1,727+

Riverview

460 N White River Pkwy West Dr, Indianapolis, IN 46222

Call (463) 223-7576
1 BED

$1,175+

2 BEDS

$1,379+

Crooked Creek

3947 Point Bar Rd, Indianapolis, IN 46268

Call (463) 888-7441
STUDIO

$1,175+

1 BED

$1,350+

The Delaware Apartments

2205 N Delaware St, Indianapolis, IN 46205
3 BEDS, 1 BATH

$1,175

608 N Oakland Ave

608 N Oakland Ave, Indianapolis, IN 46201
2 BEDS

$1,176

Broad Ripple Flats

6018 N College Ave, Indianapolis, IN 46220
1 BED

$1,177+

2 BEDS

$1,454+

Sundance Apartments

7213 Sundance Dr, Indianapolis, IN 46237

Call (716) 745-4047
STUDIO

$1,177+

1 BED

$1,480+

2 BEDS

$1,918+

City's End

1441 Prospect St, Indianapolis, IN 46203
1 BED

$1,179+

2 BEDS

$1,371+

3 BEDS

$1,757+

Harrison Place Apartments

5812 Beatle Dr, Indianapolis, IN 46216

Call (463) 400-2404
2 BEDS

$1,180

Park Forest Apartments

4521 Park Forest Ct, Indianapolis, IN 46226

Call (463) 231-3351
$201 Off

Price Drop. $201 Off

|

STUDIO

$1,182+

1 BED

$1,630+

2 BEDS

$2,140+

Lockerbie Lofts

640 E Michigan St, Indianapolis, IN 46202

Call (463) 219-2537
1 BED

$1,188+

2 BEDS

$1,226+

3 BEDS

$1,902+

LINDEN SQUARE

1070 Cobblestone Dr, Indianapolis, IN 46234

Call (463) 231-3736
STUDIO, 1 BATH

$1,190

6721 Riverfront Ave Unit Studio

6721 Riverfront Ave, Indianapolis, IN 46220

Apply
1 BED

$1,195+

2 BEDS

$1,391+

3 BEDS

$1,980+

Wellington Place

8800 Bradwell Pl, Fishers, IN 46037

Call (317) 576-2871
2 BEDS

$1,195

Emhardt Apartments

512 E Minnesota St, Indianapolis, IN 46203
3 BEDS, 1 BATH

$1,195

3704 Erin Dr

3704 Erin Dr, Indianapolis, IN 46235

Call (202) 517-2633
3 BEDS, 1 BATH

$1,195

417 W 41st St

417 W 41st St, Indianapolis, IN 46208
3 BEDS, 1 BATH

$1,195

334 Dequincy St

334 Dequincy St, Indianapolis, IN 46201
3 BEDS, 1 BATH

$1,195

2509 E 10th St

2509 E 10th St, Indianapolis, IN 46201
2 BEDS, 1 BATH

$1,195

142 N 7th Ave

142 N 7th Ave, Beech Grove, IN 46107
2 BEDS, 1 BATH

$1,195

Charming Remodeled 2 Bedroom 1 Bath Near Fountain Square!

1828 Hoyt Ave, Indianapolis, IN 46203
1 BED

$1,196+

2 BEDS

$1,384+

3 BEDS

$1,738+

Latitudes Apartments

8940 Latitudes Dr, Indianapolis, IN 46237

Call (463) 219-5239
1 BED

$1,199+

2 BEDS

$1,399+

3 BEDS

$1,699+

Bishop Pond Residences Apartments

6214 Long Channel Ln, Indianapolis, IN 46268

Call (463) 282-6927
1 BED

$1,199+

2 BEDS

$1,579+

3 BEDS

$1,999+

The Otis at Fort Ben Apartments

9310 Otis Ave, Indianapolis, IN 46216

Call (463) 232-6418
1 BED

$1,199+

2 BEDS

$1,350+

Grace Lane Apartments

42 Manor Dr, Greenfield, IN 46140

Call (463) 241-6210
2 BEDS, 1.5 BATHS

$1,199

515 N Oxford St

515 N Oxford St, Indianapolis, IN 46201
2 BEDS, 1 BATH

$1,199

2343 Adams St

2343 Adams St, Indianapolis, IN 46218
2 BEDS, 1 BATH

$1,199

2341 Adams St

2341 Adams St, Indianapolis, IN 46218
2 BEDS

$1,199

Ashton Park

2917-3039 E 47th St, Indianapolis, IN 46205
STUDIO

$1,200+

1 BED

$1,405+

2 BEDS

$1,910+

Vanguard at 16 Tech

1410 Breedlove Ln, Indianapolis, IN 46202

Call (317) 854-4919
2 BEDS, 1 BATH

$1,200

264 N Holmes Ave

264 N Holmes Ave, Indianapolis, IN 46222

Call (317) 342-0909
2 BEDS, 1 BATH

$1,200

1637 Hoefgen St

1637 Hoefgen St, Indianapolis, IN 46203

Call (765) 208-4465

Showing 42 of 750 results, Page 15 of 18

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15

Indianapolis at a Glance

Average Rent

$1,119

(All bedrooms and property types)

Learn more about

Average Rent in Indianapolis

8

School Rating

out of 10 Rating

Learn more about

Schools in Indianapolis

29

Some Transit

out of 100 TransitScore^® Rating

Learn more about

Transportation in Indianapolis

53

Somewhat Bikeable

out of 100 BikeScore^® Rating

Learn more about

Transportation in Indianapolis

Renting in Indianapolis

Average Rental Rates and Apartment Sizes

Apartment Type Average Sq Ft Average Rent
Studio 474 Sq Ft $972 / mo
1 Bedroom 697 Sq Ft $1,119 / mo
2 Bedrooms 990 Sq Ft $1,324 / mo
3 Bedrooms 1,289 Sq Ft $1,531 / mo
4 Bedrooms 1,522 Sq Ft $1,840 / mo

Top Budget-Friendly Neighborhoods in Indianapolis

(For 1 bedroom apartments)

Neighborhoods Average Sq Ft Average Rent
Arthur Browns Arlington Manor 652 Sq Ft $803/mo
Rivoli Park 702 Sq Ft $822/mo
Eastside 654 Sq Ft $832/mo
Augusta Green 545 Sq Ft $880/mo
Georgetown Crossing 658 Sq Ft $880/mo
Arlington Woods 777 Sq Ft $889/mo
Bates-Hendricks 759 Sq Ft $890/mo
Tuxedo Park 687 Sq Ft $895/mo
Devington 842 Sq Ft $918/mo
Carson Square 729 Sq Ft $923/mo

Discover the cheapest neighborhoods in Indianapolis

Getting Around Indianapolis

Transportation

50

Somewhat Walkable

out of 100 WalkScore^® Rating

You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.

53

Bikeable

out of 100 BikeScore^® Rating

You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.

29

Some Transit

out of 100 TransitScore^® Rating

You'll likely want a car when living in this area since it has few transit options.

Scores provided by Walk Score^ⓘ

Education

High School

GreatSchools Rating

Herron High School

Public High School

Public

Grades 9-12

Students

GreatSchools Rating

Franklin Central High School

Public High School

Public

Grades 9-12

Students

GreatSchools Rating

Perry Meridian High School

Public High School

Public

Grades 9-12

Students

GreatSchools Rating

North Central High School

Public High School

Public

Grades 9-12

Students

GreatSchools Rating

Ben Davis University High School

Public High School

Public

Grades 9-12

Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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