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Cheap Apartments for Rent in Indianapolis, IN

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  • Apartments Under $600 Apartments Under $700 Apartments Under $800 Apartments Under $900 Apartments Under $1,000 Apartments Under $1,100

  • Apartments Under $600

  • Studio $771
    1 bd $540
    3 bd $1,170
    Base rent Income restricted
    Verified Listing

    Commonwealth Apartments

    4.0 (3)
    23 North Rural Street, Indianapolis, IN 46201
    Apply online • Pet friendly
  • Studio $581
    3 bd $1,222+
    Base rent
    Verified Listing

    Barton Center

    210 East Michigan Street, Indianapolis, IN 46204
    Apply online • Pet friendly • Dishwasher

  • Apartments Under $700

  • New Units Available
    Studio $675+
    1 bd $825+
    2 bd $1,100+
    Base rent
    Verified Listing

    Cambridge Commons

    4959 Oakhurst Drive, Indianapolis, IN 46254
    Apply online • Pet friendly • Dishwasher
  • Only 2 units left
    Studio $699
    1 bd $999
    2 bd $1,350
    Base rent
    Verified Listing

    Windmill

    10251-10705 US Hwy 136, Indianapolis, IN 46234
    Apply online • Pet friendly • Air conditioner

  • Apartments Under $800

  • Rent specials New Units Available
    Studio $700+
    1 bd $800+
    2 bd $1,000+
    Base rent
    Verified Listing

    Maple Creek Village

    3800 West Michigan, Indianapolis, IN 46222-3385
    Apply online • Pet friendly • Air conditioner
  • New Units Available
    1 bd $703
    2 bd $1,068
    3 bd $1,211
    Base rent
    Verified Listing

    East Village At Avondale Meadows Apartments

    3.5 (65)
    3810 Cooper Square Court, Indianapolis, IN 46205
    Apply online • Pet friendly • Pool
  • Rent specials
    1 bd $728+
    2 bd $819+
    Base rent
    Verified Listing

    Arlington Green

    3.0 (59)
    6046 E 21St Street, Suite 1B Management Office, Indianapolis, IN 46219
    Apply online • Pet friendly • Fitness center
  • Ask for pricing
    Verified Listing

    Madison Lofts

    1430 & 1420 Madison Ave., Indianapolis, IN 46225
    Pet friendly • In unit laundry • Dishwasher
  • New Units Available
    Studio $731+
    1 bd $900+
    2 bd $1,100+
    Base rent
    Verified Listing

    Lake Castleton Apartments

    4.0 (2)
    7601 Carlton Arms Dr, Indianapolis, IN 46256
    Apply online • Pet friendly • Fitness center
  • Rent specials New Units Available
    Studio $739
    1 bd $769+
    2 bd $1,015
    Base rent
    Verified Listing

    Meridian Towers

    4.5 (2)
    3710 N Meridian St, Indianapolis, IN 46208
    Apply online • Pet friendly • Fitness center
  • 1 bd $748+
    2 bd $1,066+
    3 bd $1,423+
    Base rent
    Verified Listing

    Sebring Court

    4.5 (31)
    1902 Parsons Drive, Indianapolis, IN 46224
    Apply online • Pet friendly • Parking
  • 1 bd $751+
    2 bd $892
    Base rent
    Verified Listing

    Koehne Commons

    4.0 (3)
    315 Koehne Street, Indianapolis, IN 46222
    Apply online • Pet friendly • Air conditioner
  • Studio $755+
    1 bd $900+
    Base rent
    Verified Listing

    Rosewood Commons

    5549 Rosewood Commons Dr., Indianapolis, IN 46254
    Apply online • Pet friendly • Dishwasher
  • New Units Available
    Studio $765+
    1 bd $925+
    2 bd $1,015
    Base rent
    Verified Listing

    Willowood East

    3749 Willowood Drive, Indianapolis, IN 46235
    Apply online • Pet friendly • Dishwasher
  • 1 bd $767
    2 bd $1,073+
    Base rent
    Verified Listing

    Eagle Creek Court

    4.0 (20)
    2148 Augusta Drive East, Indianapolis, IN 46224
    Apply online • Pet friendly • Pool
  • 1 bd $768+
    2 bd $1,050+
    Base rent
    Verified Listing

    Windsor Court

    3.5 (13)
    7302 Queen Anne Court, Indianapolis, IN 46227
    Apply online • Pet friendly • Parking
  • 1 bd $773+
    2 bd $1,079+
    Base rent
    Verified Listing

    Stanford Court

    4.5 (13)
    1815 Foyt Drive, Indianapolis, IN 46224
    Apply online • Pet friendly • Pool
  • Rent specials New Units Available
    1 bd $781+
    2 bd $910+
    3 bd $1,228+
    Base rent
    Verified Listing

    Brookwood Apartments

    5301 Turtle Creek Drive South, Indianapolis, IN 46227
    Apply online • Pet friendly • Fitness center
  • 1 bd $786+
    2 bd $1,110+
    3 bd $1,474+
    Base rent
    Verified Listing

    Westbury Court

    3.5 (18)
    7747 Santa Monica Drive, Indianapolis, IN 46268
    Apply online • Pet friendly • Parking
  • Rent specials New Units Available
    1 bd $795+
    2 bd $865
    Base rent
    Verified Listing

    Greenway Apartments

    3.5 (35)
    6046 E 21St Street, Suite 1B Management Office, Indianapolis, IN 46219
    Apply online • Pet friendly • Fitness center
  • New Units Available
    Studio $795+
    1 bd $900+
    Base rent
    Verified Listing

    Olivewood

    2069 Olivewood Drive, Indianapolis, IN 46219
    Apply online • Pet friendly • Dishwasher
  • Rent specials New Units Available
    Studio $799+
    1 bd $969+
    Base rent
    Verified Listing

    Cherry Glen

    2760 Cherry Glen Way, Indianapolis, IN 46227
    Apply online • Pet friendly • Dishwasher

  • Apartments Under $900

  • 1 bd $802+
    2 bd $1,071+
    Base rent
    Verified Listing

    Hampshire Court

    4.5 (25)
    2455 Rolls Drive, Indianapolis, IN 46268
    Apply online • Pet friendly • Parking
  • 1 bd $802+
    2 bd $1,071+
    Base rent
    Verified Listing

    Carlyle Court

    4.0 (31)
    951 Carlyle Lane, Indianapolis, IN 46240
    Apply online • Pet friendly • Parking
  • Rent specials New Units Available
    1 bd $805+
    2 bd $875+
    Base rent
    Verified Listing

    Frederick Square

    3.0 (41)
    6046 E 21St Street, Suite 1B Management Office, Indianapolis, IN 46219
    Apply online • Pet friendly • Fitness center
  • 1 bd $809+
    2 bd $1,111+
    3 bd $1,482+
    Base rent
    Verified Listing

    Darby Court

    4.0 (37)
    2135 N High School Road, Indianapolis, IN 46224
    Apply online • Pet friendly • Parking
  • Rent specials
    Studio $819+
    1 bd $979+
    Base rent
    Verified Listing

    Spicewood

    3714 Bartlett Ave, Indianapolis, IN 46227
    Apply online • Pet friendly • Dishwasher
  • Rent specials New Units Available
    Studio $819
    1 bd $949+
    2 bd $1,099
    Base rent
    Verified Listing

    Sherbrook

    8026 Mcfarland Court, Indianapolis, IN 46227
    Apply online • Pet friendly • Dishwasher
  • Rent specials New Units Available
    1 bd $824+
    2 bd $849+
    3 bd $1,399
    Base rent
    Verified Listing

    Capital Place

    4100 Continental Court, Indianapoils, IN 46227
    Apply online • Pet friendly • Patio/Balcony
  • Rent specials
    Studio $834+
    1 bd $864+
    2 bd $1,086+
    Base rent
    Verified Listing

    Scarborough Lake Apartments

    4.0 (37)
    6430 Maidstone Road, Indianapolis, IN 46254
    Apply online • Pet friendly • Fitness center
  • Rent specials
    Studio $849
    1 bd $979+
    2 bd $1,049+
    Base rent
    Verified Listing

    The Hub At Nora

    3.5 (3)
    9000 N. College Ave, Indianapolis, IN 46240
    Apply online • Pet friendly • Patio/Balcony
  • New Units Available
    1 bd $850
    2 bd $1,050
    3 bd $1,400
    Base rent
    Verified Listing

    Knoll Ridge Townhomes

    11415 Knollridge Ln, Indianapolis, IN 46229
    Apply online • Pet friendly • Air conditioner
  • 1 bd $880+
    2 bd $1,049+
    Base rent
    Verified Listing

    Annhurst

    4.0 (2)
    4958 Dawn Drive, Indianapolis, IN 46268
    Apply online • Pet friendly • In unit laundry
  • Rent specials New Units Available
    1 bd $890+
    2 bd $1,100+
    Base rent
    Verified Listing

    Astoria Park Apartment Homes

    3.5 (29)
    3640 Beluga Ln, Indianapolis, IN 46214
    Apply online • Pet friendly • Fitness center
  • New Units Available 5 units available
    1 bd $899+
    2 bd $1,325
    3 bd $1,450
    Base rent
    Verified Listing

    A62 Apartments

    5.0 (1)
    6111 Allisonville Rd, Indianapolis, IN 46220
    Apply online • Pet friendly • Fitness center
  • Rent specials New Units Available
    1 bd $899+
    2 bd $1,000+
    3 bd $1,320+
    Base rent
    Verified Listing

    Woodhaven Park

    6363 Commons Drive, Indianapolis, IN 46254
    Apply online • Pet friendly • Fitness center

  • Apartments Under $1,000

  • New Units Available
    1 bd $900
    2 bd $1,100
    Base rent
    Verified Listing

    The Sterling

    4.0 (5)
    8020 Madison Avenue, Indianapolis, IN 46227
    Apply online • Pet friendly • Patio/Balcony
  • Rent specials New Units Available
    Studio $900+
    1 bd $970+
    2 bd $1,057+
    Base rent
    Verified Listing

    Pickwick Farms Apartments

    4.5 (126)
    1540 Handball Lane, Indianapolis, IN 46260
    Apply online • Pet friendly • Fitness center
  • New Units Available 35 units available
    Studio $903+
    1 bd $907+
    2 bd $1,050+
    Total monthly cost
    Verified Listing

    M Club Apartments

    4.0 (17)
    7007 Courthouse Dr, Indianapolis, IN 46226
    Apply online • Pet friendly
  • New Units Available 23 units available
    1 bd $910+
    2 bd $1,199+
    Base rent
    Verified Listing

    Meridian Court South

    4.5 (4)
    7266 Lockwood Lane, Indianapolis, IN 46217
    Apply online • Pet friendly • Parking
  • Rewards New Units Available
    1 bd $913+
    2 bd $1,167+
    3 bd $1,577+
    Base rent
    Verified Listing

    The Woods Of Eagle Creek I

    4.0 (12)
    4949 Bobwhite Lane, Indianapolis, IN 46254
    Apply online • Pet friendly • Parking
  • 65 units available
    1 bd $913+
    2 bd $1,159+
    3 bd $1,577+
    Base rent
    Verified Listing

    The Woods Of Eagle Creek

    4949 Bobwhite Lane, Indianapolis, IN 46254
    Apply online • Pet friendly • Parking
  • New Units Available
    1 bd $918+
    2 bd $1,052+
    3 bd $1,454+
    Base rent
    Verified Listing

    Lake Camelot Apartments

    6475 Excalibur Ct, Indianapolis, IN 46268
    Apply online • Pet friendly • Pool
  • New Units Available
    1 bd $923+
    2 bd $1,103+
    Base rent
    Verified Listing

    Southern Meadows

    5.0 (1)
    7135 Napier Dr, Indianapolis, IN 46259
    Pet friendly • Parking • In unit laundry
  • 10 units available
    1 bd $934+
    2 bd $1,094+
    Base rent
    Verified Listing

    Lawrence Landing

    6875 Faris Avenue, Indianapolis, IN 46226
    Apply online • Pet friendly • Fitness center
  • 10 units available
    1 bd $950+
    2 bd $1,150
    3 bd $1,500
    Base rent
    Verified Listing

    The Abby

    3.5 (17)
    4656 Edwardian Circle, Indianapolis, IN 46254
    Apply online • Pet friendly • Parking

  • Apartments Under $1,100

  • New Units Available 44 units available
    1 bd $1,034+
    2 bd $1,027+
    3 bd $1,239+
    Base rent
    Verified Listing

    Summit At Keystone

    4.5 (13)
    6630 Glenbrook Drive, Indianapolis, IN 46220
    Apply online • Pet friendly • Fitness center
  • Rent specials
    1 bd $1,030
    2 bd $1,100
    3 bd $1,415
    Base rent
    Verified Listing

    Estates At Crystal Bay

    7136 Crystal Bay Drive E, Indianapolis, IN 46260
    Apply online • Pet friendly • Pool
  • 77-0-city
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Frequently asked questions

What is the price of a cheap apartment in Indianapolis, IN?

The price range of a cheap apartment is between $581 and $2,870.

How many cheap rentals are available in Indianapolis, IN on RentCafe?

There are 953 cheap rentals available on RentCafe. Prices and availability in Indianapolis, IN were last updated on 3 Oct 2026.

What is the average size of a cheap apartment in Indianapolis, IN?

The average Indianapolis, IN cheap apartment size is 774 sq. ft.

What are the advantages of renting a cheap apartment in Indianapolis, IN?

Cheap apartments in Indianapolis, IN are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Indianapolis, IN?

A cheap apartment in Indianapolis, IN offers little storage space and fewer amenities compared to other apartments.

Looking for a cheap apartment for rent in Indianapolis, IN? With RentCafe, finding an affordable apartment in Indianapolis, IN has never been easier. We feature 1,194 low-priced rentals directly from property managers, with rents lower than the Indianapolis, IN average. What is a cheap rent in Indianapolis, IN? The average apartment rent in Indianapolis is $1,262 per month so any rental south of $1,009 would be considered cheap here. On RentCafe, Indianapolis, IN rents go as low as $540/mo.