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Cheap Apartments for Rent in Fountain Square Alliance

29 Rentals
.
  7. Building Photo - 1734 Olive St
    2 BEDS, 1 BATH
    $1,099

    1734 Olive St

    1734 Olive St, Indianapolis, IN 46203
  16. 5 BEDS, 2 BATHS
    $1,450

    2012 Olive St

    2012 Olive St, Indianapolis, IN 46203
  18. 3 BEDS, 2 BATHS
    $1,575

    1602 Quill St

    1602 Quill St, Indianapolis, IN 46203
  22. Building Photo - 1153 Dawson St
    3 BEDS, 2.5 BATHS
    $1,995

    1153 Dawson St

    1153 Dawson St, Indianapolis, IN 46203
  23. Building Photo - 1418 Olive St
    3 BEDS, 2 BATHS
    $2,006

    1418 Olive St

    1418 Olive St, Indianapolis, IN 46203
  26. Building Photo - 1426 Olive St
    3 BEDS, 3.5 BATHS
    $2,700

    1426 Olive St

    1426 Olive St, Indianapolis, IN 46203

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Indianapolis at a Glance

Average Rent

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(All bedrooms and property types)
0

School Rating

out of 10 Rating
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Schools in Indianapolis
35

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Indianapolis
58

Somewhat Bikeable

out of 100 BikeScore® Rating
Learn more about
Transportation in Indianapolis

Cheap Apartments in Fountain Square Alliance Neighborhood in Indianapolis, IN

When looking for cheap apartments in Fountain Square Alliance, 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 Fountain Square Alliance.

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 29 cheap apartments available in Fountain Square Alliance, Apartment Finder is the place to find your next rental.

Top Budget-Friendly Neighborhoods in Indianapolis

(For 1 bedroom apartments)

Getting Around Indianapolis

Transportation

53

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.
58

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.
35

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

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

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