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Cheap Apartments for Rent in Indianapolis, IN

13,606 Rentals
.
  3. Building Photo - Annhurst
    Good Value
    1 BED
    $849+
    2 BEDS
    $1,050+

    Annhurst

    4958 Dawn Dr, Indianapolis, IN 46268
  6. Building Photo - Spicewood
    STUDIO
    $849+
    1 BED
    $979+
    2 BEDS
    $1,100+

    Spicewood

    354 Spicewood Dr, Indianapolis, IN 46227
  11. Building Photo - Colonial Park
    1 BED
    $850+
    2 BEDS
    $980+

    Colonial Park

    4421 E Washington St, Indianapolis, IN 46201
  13. Building Photo - 2941 Schofield Ave
    2 BEDS, 1 BATH
    $850
    Total Monthly Price Total Monthly Price New
    Base Rent$850
    Required Monthly FeesNone
    Total Monthly Price$850

    2941 Schofield Ave Unit 2941

    2941 Schofield Ave, Indianapolis, IN 46218
    Apply
  32. Building Photo - Saxony Court
    1 BED
    $869+
    2 BEDS
    $889+

    Saxony Court

    29-49 S Audubon Rd, Indianapolis, IN 46219
  33. Welcome Home! - Meridian Lakes
    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
  34. Interior Photo - Landmark
    Rent Special
    Rent Special
    STUDIO
    $870+
    1 BED
    $1,071+
    2 BEDS
    $1,204+

    Landmark

    7653 Woodmore Trace Ter, Indianapolis, IN 46260
    (463) 223-4009
  35. Building Photo - Stonehenge
    STUDIO
    $874+
    1 BED
    $1,095+

    Stonehenge

    7980 Dunston Dr, Indianapolis, IN 46239
Showing 42 of 750 results, Page 5 of 18

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

Renting in Indianapolis

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Indianapolis

(For 1 bedroom apartments)

Education

GreatSchools Rating
Franklin Central High School

Public High School

Public
Grades 9-12
3,319 Students
GreatSchools Rating
Perry Meridian High School

Public High School

Public
Grades 9-12
2,350 Students
GreatSchools Rating
Herron High School

Public High School

Public
Grades 9-12
995 Students
GreatSchools Rating
North Central High School

Public High School

Public
Grades 9-12
3,628 Students
GreatSchools Rating
Ben Davis University High School

Public High School

Public
Grades 9-12
358 Students
GreatSchools Rating
Franklin Central Junior High

Public Middle School

Public
Grades 6-8
1,711 Students
GreatSchools Rating
Paramount Cottage Home

Public Elementary School

Public
Grades K-5
265 Students

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

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