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Cheap Apartments for Rent in Indianapolis, IN

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  • 60 units available
    1 bd $927+
    2 bd $1,212+
    3 bd $1,604+
    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 $925
    2 bd $1,075+
    3 bd $1,275+
    Base rent
    Verified Listing

    Horizons Apartments

    4955 Red Horizon Blvd, Indianapolis, IN 46221
    Apply online • Pet friendly • In unit laundry
  • 21 units available
    1 bd $930+
    2 bd $1,350
    3 bd $1,600
    Base rent Income restricted
    Verified Listing

    Cambridge Square North

    4.0 (21)
    7110 Township Line Road, Indianapolis, IN 46260
    Apply online • Pet friendly • Parking
  • 9 units available
    1 bd $932
    2 bd $1,110
    3 bd $1,370
    Base rent Income restricted
    Verified Listing

    Pleasant Springs

    4.0 (2)
    1015 Vesper Pl, Indianapolis, IN 46203
    Apply online • Pet friendly • Dishwasher
  • New Units Available 28 units available
    1 bd $943+
    2 bd $1,212+
    3 bd $1,604+
    Base rent
    Verified Listing

    The Woods Of Eagle Creek II

    4.0 (17)
    4949 Bobwhite Lane, Indianapolis, IN 46254
    Apply online • Pet friendly • Parking
  • Only 2 units left
    Studio $699
    1 bd $949+
    2 bd $1,350
    Base rent
    Verified Listing

    Windmill

    10251-10705 US Hwy 136, Indianapolis, IN 46234
    Apply online • Pet friendly • In unit laundry
  • 1 bd $949+
    2 bd $989
    3 bd $1,249
    Base rent
    Verified Listing

    Covington Square

    4.0 (1)
    115 S. High School Rd, Indianapolis, IN 46241
    Apply online • Pet friendly • In unit laundry
  • New Units Available
    Studio $949+
    1 bd $1,079
    2 bd $1,369+
    Base rent
    Verified Listing

    Avia Lofts At Founders Road

    4.5 (12)
    3553 Founders Road, Indianapolis, IN 46268
    Apply online • Pet friendly • Fitness center
  • New Units Available 16 units available
    1 bd $975+
    2 bd $1,110+
    3 bd $1,965+
    Base rent Income restricted
    Verified Listing

    Woodlake

    3.5 (14)
    7401 Merganser Drive, Indianapolis, IN 46260
    Apply online • Pet friendly • Parking
  • Rent specials
    1 bd $979
    2 bd $1,099+
    3 bd $1,399
    Base rent
    Verified Listing

    Woods At Oak Crossing

    4.5 (3)
    3105 Nobscot Drive, Indianapolis, IN 46222
    Apply online • Pet friendly • In unit laundry
  • Rent specials New Units Available
    1 bd $990+
    2 bd $1,230
    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
  • New Units Available
    1 bd $994+
    2 bd $1,328
    Base rent
    Verified Listing

    Lockefield Gardens

    3.5 (33)
    737 Lockefield Lane, Indianapolis, IN 46202
    Apply online • Pet friendly • Parking
  • 28 units available
    1 bd $1,058+
    2 bd $1,243
    Base rent Income restricted
    Verified Listing

    Mann Village Apartments

    4.0 (20)
    4010 Mann Village Rd, Indianapolis, IN 46221
    Apply online • Pet friendly • In unit laundry
  • 1 bd $1,130+
    2 bd $1,103+
    Base rent
    Verified Listing

    Southern Meadows

    7135 Napier Dr, Indianapolis, IN 46259
    Pet friendly • Parking • Dishwasher
  • 13 units available
    1 bd $1,103+
    2 bd $1,308+
    Base rent Income restricted
    Verified Listing

    Cedar Ridge

    5.0 (1)
    3820 Cedar Ridge Rd, Indianapolis, IN 46235
    Apply online • Pet friendly • Pool
  • 18 units available
    1 bd $1,110
    2 bd $1,310
    3 bd $1,505
    Base rent Income restricted
    Verified Listing

    Windsor Park

    6764 Lambert Street, Indianapolis, IN 46241
    Apply online • Pet friendly • Pool
  • Rent specials New Units Available
    1 bd $1,149
    2 bd $1,149+
    Base rent
    Verified Listing

    River West Flats

    3.0 (1)
    1150 N White River Pkwy Dr W, Indianapolis, IN 46222
    Apply online • Pet friendly • Fitness center
  • New Units Available Only 3 units left
    1 bd $999
    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
  • Ask for pricing
    Verified Listing

    Conner House Apartments

    3445 Bethel Ave., Indianapolis, IN 46203
    Pet friendly • In unit laundry • Air conditioner
  • 1 bd $525
    Base rent Income restricted
    Verified Listing

    Oxford Flats

    4.5 (3)
    19 N. Oxford St., Indianapolis, IN 46201
    Pet friendly
  • Ask for pricing
    Income restricted
    Verified Listing

    St. Lucas Lofts

    5.0 (1)
    2810 E New York St, Indianapolis, IN 46201
    Pet friendly
  • 2 bd $861
    Base rent Income restricted
    Verified Listing

    Providence Place

    4935 E. 21St Street, Indianapolis, IN 46218
    Pet friendly
  • Ask for pricing
    Income restricted
    Verified Listing

    Englewood Homes

    4.5 (2)
    57 N Rural St., Indianapolis, IN 46201
    Pet friendly
  • 3 bd $1,500
    Base rent
    Verified Listing

    1337 Barth Ave

    1337 Barth Ave, Indianapolis, IN 46203
    Pet friendly • Dishwasher • Air conditioner
  • 3 bd $1,600
    Base rent
    Verified Listing

    1045 Orange St

    1045 Orange St, Indianapolis, IN 46203
  • 78-0-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 $540 and $3,038.

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

There are 975 cheap rentals available on RentCafe. Prices and availability in Indianapolis, IN were last updated on 11 Sep 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.