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Cheap Apartments for Rent in Indianapolis, IN

13,420 Rentals
  1. 1 BED
    $850+
    2 BEDS
    $980+

    Colonial Park

    4421 E Washington St, Indianapolis, IN 46201
  2. Rent Special
    1 BED
    $850+
    2 BEDS
    $950+

    The Sterling

    8020 Madison Ave, Indianapolis, IN 46227
  3. Building Photo - Frederick Square
    Rent Special
    1 BED
    $858+
    2 BEDS
    $885+

    Frederick Square

    6020 E 30th St, Indianapolis, IN 46218
  4. Building Photo - Stonehenge
    Discounts
    STUDIO
    $859+
    1 BED
    $1,049+
    2 BEDS
    $1,119+

    Stonehenge

    7980 Dunston Dr, Indianapolis, IN 46239
  5. Building Photo - Lake Camelot Apartments
    Rent Special
    1 BED
    $859+
    2 BEDS
    $965+
    3 BEDS
    $1,279+

    Lake Camelot Apartments

    6475 Excalibur Ct, Indianapolis, IN 46268
  6. Building Photo - Sherbrook
    Rent Special
    STUDIO
    $865

    Sherbrook

    8026 McFarland Ct, Indianapolis, IN 46227
  7. Good Value
    |
    STUDIO
    $870+
    1 BED
    $940+
    2 BEDS
    $1,160+
    3 BEDS
    $1,640+

    Meridian Lakes

    7344 Meridian Hills Ct, Indianapolis, IN 46260
    (463) 229-6278
  8. Price Drop. $367 Off
    |
    1 BED
    $949+
    2 BEDS
    $1,378+
    Total Monthly Price Total Monthly Price New
    Base Rent$874 - $1,732
    Required Monthly Fees$75
    Utilities & EssentialsVaries
    Total Monthly Price$949 - $1,807

    Retreat at Riverbend Apartment Homes

    8850 River Bend Pky, Indianapolis, IN 46250
    (463) 240-1193
Showing 42 of 750 results, Page 5 of 18

Indianapolis at a Glance

Average Rent

$1,125
(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

Renting in Indianapolis

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Indianapolis

(For 1 bedroom apartments)

Education

GreatSchools Rating

Public High School

Public
Grades 9-12
3,319 Students
GreatSchools Rating

Public High School

Public
Grades 9-12
2,350 Students
GreatSchools Rating

Public High School

Public
Grades 9-12
995 Students
GreatSchools Rating

Public High School

Public
Grades 9-12
3,628 Students
GreatSchools Rating

Public High School

Public
Grades 9-12
358 Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
1,711 Students
GreatSchools Rating

Public Elementary School

Public
Grades K-5
265 Students

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

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