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Cheap Apartments for Rent in Downtown Indianapolis

2,001 Rentals
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  5. Building Photo - Dunbar Court
    STUDIO
    $665+
    1 BED
    $875+

    Dunbar Court

    1022 Dr Martin Luther King St, Indianapolis, IN 46202
  15. Building Photo - The Davlan
    2 BEDS
    $846

    The Davlan

    430 Massachusetts Ave, Indianapolis, IN 46204
  21. Building Photo - The Whitaker
    1 BED
    $875

    The Whitaker

    1504 N Pennsylvania St, Indianapolis, IN 46202
  23. Building Photo - Canal Gardens
    2 BEDS
    $891

    Canal Gardens

    1249 Dr Martin Luther King Jr St, Indianapolis, IN 46202
  24. Building Photo - 9 On Canal
    $300 Off
    Price Drop. $300 Off
    STUDIO
    $910+
    1 BED
    $1,115+
    2 BEDS
    $1,315+
    3 BEDS
    $2,715+
    Total Monthly Price Total Monthly Price New
    Base Rent$895 - $3,300
    Required Monthly Fees$15
    Total Monthly Price$910 - $3,315

    9 On Canal

    335 W 9th St, Indianapolis, IN 46202
    (463) 209-7169
  27. Building Photo - Monon Lofts
    Call for Rent

    Monon Lofts

    1122 E 16th St, Indianapolis, IN 46202
  30. Building Photo - Trail Side
    1 BED
    $938

    Trail Side

    865-893 Massachusetts Ave, Indianapolis, IN 46204
  31. 1 BED
    $940

    St. James

    2102 N Meridian St, Indianapolis, IN 46202
  39. Building Photo - Raleigh
    1 BED
    $1,085+
    2 BEDS
    $1,600+

    Raleigh

    108 E 13th St, Indianapolis, IN 46202
Showing 42 of 288 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 288 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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