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Cheap Apartments for Rent in Downtown Indianapolis

1,608 Rentals
.
  2. Building Photo - Stella
    Good Value
    |
    STUDIO
    $579+
    1 BED
    $622+
    2 BEDS
    $744+

    Stella

    1827 N Meridian St, Indianapolis, IN 46202
    (317) 939-5988
  6. Building Photo - Dunbar Court
    Exceptional Value
    STUDIO
    $675+
    1 BED
    $875+

    Dunbar Court

    1022 Dr Martin Luther King St, Indianapolis, IN 46202
  10. Building Exterior - Millikan
    1 BED
    $722

    Millikan

    551 Massachusetts Ave, Indianapolis, IN 46204
  13. Building Photo - The Washington
    STUDIO
    $750+
    2 BEDS
    $995+

    The Washington

    1401 N Pennsylvania St, Indianapolis, IN 46202
  14. Interior Photo - St. Regis
    1 BED
    $774

    St. Regis

    26 E 14th St, Indianapolis, IN 46202
  15. Building Photo - 1733 N. Meridian
    Rent Special
    Rent Special
    1 BED
    $780

    1733 N. Meridian

    1733 N Meridian St, Indianapolis, IN 46202
  18. Building Photo - The Davlan
    2 BEDS
    $846

    The Davlan

    430 Massachusetts Ave, Indianapolis, IN 46204
  23. Interior Photo - Senate Manor
    STUDIO
    $926+
    1 BED
    $1,031+

    Senate Manor

    545-551 N Senate Ave, Indianapolis, IN 46204
  25. Building Photo - Utomin Apartments
    Exceptional Value
    1 BED
    $945+
    2 BEDS
    $1,150+

    Utomin Apartments

    1112 N College Ave, Indianapolis, IN 46202
  26. Building Photo - Circle City
    $150 Off
    Price Drop. $150 Off
    STUDIO
    $949+
    1 BED
    $960+
    2 BEDS
    $1,495+

    Circle City

    1321 N Meridian St, Indianapolis, IN 46202
    (463) 231-3732
  30. Building Photo - Raleigh
    1 BED
    $1,085+
    2 BEDS
    $1,600+

    Raleigh

    108 E 13th St, Indianapolis, IN 46202
  32. Building Photo - College Manor
    1 BED
    $995+
    2 BEDS
    $1,050+

    College Manor

    1450 N College Ave, Indianapolis, IN 46202
  38. Building Photo - The Avenue
    $400 Off
    Price Drop. $400 Off
    1 BED
    $1,399+
    2 BEDS
    $1,016+
    4 BEDS
    $996+

    The Avenue

    930 W 10th St, Indianapolis, IN 46202
    (888) 850-4478
  39. Building Photo - Van Dyke
    1 BED
    $1,215

    Van Dyke

    1229 N Pennsylvania St, Indianapolis, IN 46202
Showing 42 of 289 results, Page 1 of 7

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Cheap Apartments in Downtown Indianapolis Neighborhood in Indianapolis, IN

When looking for cheap apartments in Downtown Indianapolis, Apartment Finder is your deal-hunting partner. Whether you’re looking for a studio, a one-bedroom, or a two-bedroom apartment, you want the best place at the right price. We have a great selection of budget-friendly apartments for rent, and we’ll show you which apartments offer the best value when compared to other apartments in Downtown Indianapolis.

Finding a rental that fits your budget without compromising on quality can seem like a challenge, but Apartment Finder makes it easy to discover cheap apartments with all the features you want. To find an apartment you can afford, try looking in less popular neighborhoods outside of the city center. Timing is everything when searching for rentals that are affordable, so look at different times of the day, different days of the week and (if you can wait) certain months like December through March. When you find an apartment with a great price, don’t hesitate! Cheap apartments tend to go very quickly.

Affordability doens't have to equal sacrifice. While it’s important to be flexible, you might not have to give up as much as you think. You can find a cheap apartment for rent, complete with must-have amenities such as paid utilities and an in-unit washer and dryer. Click on any of these properties to see photos and floor plans, read reviews, check out the rent calculator, and learn more about the neighborhood with information on nearby parks, shopping malls, and transit stops. With 289 cheap apartments available in Downtown Indianapolis, Apartment Finder is the place to find your next rental.

Top Budget-Friendly Neighborhoods in Indianapolis

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