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  4. Sky Bar - Axis
    STUDIO
    $1,081+
    1 BED
    $1,210+
    2 BEDS
    $1,714+

    Axis

    401 N Senate Ave, Indianapolis, IN 46204
    (463) 230-6484
  13. Building Photo - Dunbar Court
    STUDIO
    $650+
    1 BED
    $875+

    Dunbar Court

    1022 Dr Martin Luther King St, Indianapolis, IN 46202
  14. STUDIO
    $1,176+
    3 BEDS
    $2,700+

    632MLK

    632 Dr Martin Luther King Jr St, Indianapolis, IN 46202
  34. Building Photo - 250 Koehne St
    5 BEDS, 3 BATHS
    $2,400

    250 Koehne St

    250 Koehne St, Indianapolis, IN 46222

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
57

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Indianapolis
93

Somewhat Bikeable

out of 100 BikeScore® Rating
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Transportation in Indianapolis

The Canal Neighborhood in Indianapolis, IN

If you’re looking for apartments in The Canal, Indianapolis, Apartment Finder has you covered! With great rent specials, price drops, and the best values in The Canal, one of these 35 rentals is sure to fit your list of apartment must-haves. Use our custom filters to narrow your search. Are you looking for a cozy studio apartment or a one-bedroom for yourself, a two-bedroom apartment for you and a roommate, or something more spacious with three-four beds? Apartment Finder has a wide variety of floorplans to meet every need.

Next, select the amenities you can't live without. Start with the basics and make sure your new place offers in-unit air conditioning, a washer and dryer, and a dishwasher. Then, take your living experience to the next level and look at apartments with a garage, swimming pool, and a gym. You can even combine amenties and ensure that your wheelchair accessible apartment has an elevator, or that your pet-friendly place has a balcony.

If filtering for amenities isn't specific enough, you can find apartments that fit your lifestyle when you search by specialty. Look at income-restricted apartments, senior living, short-term rentals, or student housing and find a place that caters to your exact needs. When you've found the perfect floorplan with all the essential amenities included, filter by price to make sure your new place fits your budget. 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 more than one million rentals currently available, Apartment Finder is the place to find your The Canal apartment.

Top Budget-Friendly Neighborhoods in Indianapolis

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Average Rent in Nearby Cities

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Getting Around Indianapolis

Transportation

78

Very 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.
93

Biker’s Paradise

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.
57

Good 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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