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Cheap Apartments for Rent in Indiana

2,335 Rentals Available
Apartments Under $200 Apartments Under $300 Apartments Under $400 Apartments Under $500 Apartments Under $600 Apartments Under $700

Apartments Under $200

  • A white refrigerator is in a kitchen with beige cabinets and a tiled floor.
    9
    Today

    2032 Culbertson Ave., New Albany, IN 47150
    STUDIO $100
    1 BED $695
    4 BEDS $1,595

Apartments Under $300

  • 717 Franklin Street Studio-2 Beds Apartment for Rent
    16
    Today

    717 Franklin Street, Michigan City, IN 46360
    STUDIO $237+
    1 BED $208+
    2 BEDS $250

Apartments Under $400

  • a white building with a red car parked in front of it
    Today

    6893-6981 N Patterson Rd, Solsberry, IN 47459
    STUDIO $350
    2 BEDS $350
    3 BEDS $300
  • a kitchen with a sink and a refrigerator in a house
    Today

    401 West Oak Street, Union City, IN 47390
    2 BEDS Ask for Pricing
  • a building with a red awning on the side of a street
    Today

    2800 Dekalb St, Lake Station, IN 46405
    STUDIO $350
    1 BED $850
    3 BEDS $995
  • a living room with leather couches and chairs
    7
    Today

    1119 N. Main Street, Elkhart, IN 46514
    Income Restricted
    1 BED $359
    2 BEDS $950
  • a living room with a large clock on the wall and a table and chairs
    14
    Today

    201 S Detroit St, Warsaw, IN 46580
    Income Restricted
    1 BED $374
    2 BEDS Ask for Pricing
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Apartments Under $500

  • a large brick building with a lawn in front of it
    25
    Today

    600 W NORTH ST, GREENFIELD, IN 46140
    STUDIO $645+
    1 BED $470+
    2 BEDS $780+

Apartments Under $600

  • The image is a logo of Vincent Village, INC. with the words family, hope, and community underneath.
    Today

    3002 Reed Street, Fort Wayne, IN 46806
    2 BEDS $500
  • a living room with white walls and a staircase
    5
    Today

    415 W. Taylor Street, Shelbyville, IN 46176
    Income Restricted
    1 BED $549+
    2 BEDS $656+
    3 BEDS Ask for Pricing
  • a living room with couches and chairs and a table
    5
    Today

    3151 Chapelgate Way, West Lafayette, IN 47906
    Income Restricted
    1 BED $582
    2 BEDS Ask for Pricing
    3 BEDS $795+

Apartments Under $700

  • a living room with several chairs and a desk
    22
    Today

    3208 Dody Ave, Michigan City, IN 46360
    STUDIO Ask for Pricing
    1 BED $615+
    2 BEDS $700+
  • a living room with a couch and a coffee table
    81
    Today

    3710 N Meridian St, Indianapolis, IN 46208
    STUDIO $669+
    1 BED $719+
    2 BEDS Ask for Pricing
  • A living room with a couch, a coffee table, and a painting on the wall.
    61
    Today

    1600 E Hillside Dr, Bloomington, IN 47401
    STUDIO $675
    1 BED $685
    2 BEDS $815
  • a living room with a table and a couch
    20
    5 days ago

    1200 Elmwood Dr., Terre Haute, IN 47802
    STUDIO $675+
    1 BED $699+
    2 BEDS $885+
  • a living room with couches chairs and tables
    21
    Today

    275 River Centre Landing, Jasper, IN 47546
    STUDIO $694+
    1 BED $1,150
    2 BEDS $1,616+
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  • a kitchen with white cabinets and a sink and a refrigerator
    10
    5 days ago

    3225 E. Goldenrod Ave, Terre Haute, IN 47805
    STUDIO Ask for Pricing
    1 BED $699+
    2 BEDS $850
  • A living room with a white couch, a coffee table, and a painting on the wall.
    69
    Today

    4958 Dawn Drive, Indianapolis, IN 46268
    STUDIO $699
    1 BED $850+
    2 BEDS Ask for Pricing
  • A living room with a white couch, a coffee table, and a painting on the wall.
    74
    Today

    3749 Willowood Drive, Indianapolis, IN 46235
    STUDIO $699+
    1 BED $875+
    2 BEDS Ask for Pricing
  • a building with a sign in front of it
    107
    Today

    315 Koehne Street, Indianapolis, IN 46222
    1 BED $711+
    2 BEDS $817
  • A living room with a white couch, a coffee table, and a painting on the wall.
    139
    Today

    5549 Rosewood Commons Dr., Indianapolis, IN 46254
    STUDIO $715+
    1 BED $799+
    2 BEDS $1,145
  • A kitchen with white cabinets and stainless steel appliances.
    Today

    10251-10705 US Hwy 136, Indianapolis, IN 46234
    STUDIO $719
    1 BED $999
    2 BEDS $1,350
  • a living room with couches and chairs and a table
    62
    Today

    2702 Paoli Pike, New Albany, IN 47150
    1 BED $719
    2 BEDS $839
    3 BEDS $1,425
  • A living room with a white couch, a coffee table, and a painting on the wall.
    8
    Today

    3735 South A St, Richmond, IN 47374
    STUDIO $720
    1 BED Ask for Pricing
    2 BEDS $1,050
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  • a living room and dining room with a table and chairs and an open floor plan
    211
    Today

    6046 E 21St Street, Suite 1B Management Office, Indianapolis, IN 46219
    1 BED $722+
    2 BEDS $798+
  • a small kitchen with a stove and a sink
    128
    Today

    6046 E 21St Street, Suite 1B Management Office, Indianapolis, IN 46219
    1 BED $722+
    2 BEDS $793+
  • a kitchen with stainless steel appliances and blue cabinets
    22
    Today

    6907 Sweet Gum Court, Evansville, IN 47710
    1 BED $725
    2 BEDS $899
  • A living room with a white couch, a coffee table, and a painting on the wall.
    80
    Today

    2069 Olivewood Drive, Indianapolis, IN 46219
    STUDIO $725
    1 BED $925+
    2 BEDS Ask for Pricing
  • a living room with a blue couch and a futon
    268
    Today

    2148 Augusta Drive East, Indianapolis, IN 46224
    1 BED $727
    2 BEDS $998+
  • A living room with a brown couch, a coffee table, and a dining table with chairs.
    24
    Today

    305 Montefiore Street, Lafayette, IN 47905
    STUDIO Ask for Pricing
    1 BED $729
    2 BEDS Ask for Pricing
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  • a living room with a couch and a table and a pool table
    31
    Today

    1430 & 1420 Madison Ave., Indianapolis, IN 46225
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • a living room with couches and chairs and a fireplace
    33
    Today

    320 Waterford Court, Lafayette, IN 47905
    1 BED $735
    2 BEDS $940+
  • a dining room and living room with a table and chairs
    9
    Today

    100 Fischer Community Center, Notre Dame, IN 46556
    1 BED $745
  • a living room with white furniture and a large painting on the wall
    173
    Today

    7747 Santa Monica Drive, Indianapolis, IN 46268
    1 BED $746+
    2 BEDS $1,035+
    3 BEDS $1,344+
  • a living room with a couch and a table
    153
    Today

    9000 N. College Ave, Indianapolis, IN 46240
    STUDIO $749+
    1 BED $895+
    2 BEDS $1,119
  • A house with a grey roof and a white fence.
    21
    Today

    657 Birch Avenue, Indianapolis, IN 46221
    3 BEDS $750
  • Interactive banner bedroom
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  • A living room with a red couch and a neon sign that says "This must be the place".
    Today

    916 N College Ave, Bloomington, IN 47404
    STUDIO $750+
  • A living room with a beige couch and a rug.
    41
    Today

    1616 S Henderson Street, Bloomington, IN 47401
    1 BED $750+
    2 BEDS $920+
    3 BEDS $1,525+
  • a living room with a couch and a coffee table
    69
    Today

    2455 Rolls Drive, Indianapolis, IN 46268
    1 BED $762+
    2 BEDS $996+
  • a living room with blue couches and a fireplace
    221
    Today

    951 Carlyle Lane, Indianapolis, IN 46240
    1 BED $762+
    2 BEDS $996+
  • a bedroom with a bed and a chair and a window
    79
    Today

    3034 N. Webster Ave.,, Indianapolis, IN 46226
    1 BED $763+
    2 BEDS $971+
  • a rendering of the exterior of a three story apartment building
    6
    Today

    3100 S Walnut St, Muncie, IN 47302
    3 BEDS Ask for Pricing
  • A playground with a slide and a ladder is in front of a building. Two cars are parked in a parking lot in front of a brick building.
    Today

    1854 West Plains Dr., Goshen, IN 46526
    2 Units available
    1 BED $825
    2 BEDS $1,050
    3 BEDS Ask for Pricing
    A playground with a slide and a ladder is in front of a building. Two cars are parked in a parking lot in front of a brick building. A row of brick apartment buildings with garage doors. A row of brick apartment buildings with garage doors.
    Amenities
    • Air Conditioner
    • Laundry Facilities
    • Pets Allowed
  • 85
    Resident Rated
    a kitchen with wooden cabinets and a sink and a dining room with a table a bedroom with a large bed and a window
    3.5
    Today

    4656 Edwardian Circle, Indianapolis, IN 46254
    22 Units available
    1 BED $860+
    2 BEDS $1,095+
    3 BEDS $1,700
    a kitchen with wooden cabinets and a sink and a dining room with a table a bedroom with a large bed and a window a dining room with a table and chairs and a window a swimming pool with chaise lounge chairs and apartment buildings in the background
    Property reviews
    5/5 Anonymous on Feb 2, 2024

    Great Pike Township Area nice school area for little kids to attend.

    4.5/5 Jennifer R. on Sep 29, 2023

    I have a good experience living in this complex .

  • 28
    Resident Rated
    Rent Specials
    a white kitchen with white appliances and white cabinetsat Wood Creek Apartments, Fort Wayne, 46835 A white bedroom with a bed, nightstands, and two lamps.
    4.0
    Today

    6729 Ramblewood Drive, Unit G, Fort Wayne, IN 46835
    10 Units available
    1 BED $875+
    2 BEDS $1,050+
    a white kitchen with white appliances and white cabinetsat Wood Creek Apartments, Fort Wayne, 46835 A white bedroom with a bed, nightstands, and two lamps. A large blue swimming pool surrounded by trees and chairs. A blue car is parked in a parking lot in front of a grey building.
    Property reviews
    5/5 Anonymous on Jan 2, 2024

    Apartment is good and nice please just let me pay my rent

    5/5 Jeremiah S. on Oct 4, 2023

    Everything is great staff is prompt on returning calls maintenance does all they can to fix your issues

  • 6
    Resident Rated
    a bedroom with a door to a closet an empty living room with white walls and a door
    3.0
    Today

    1300 S 18Th Street, Richmond, IN 47374
    Available
    2 BEDS $900
    3 BEDS $975
    a bedroom with a door to a closet an empty living room with white walls and a door a resort style swimming pool with a fence around it a playground with a slide at a park
    Property reviews
    4.5/5 Anonymous on Apr 13, 2022

    It’s been great thus far

    4/5 Anonymous on Jul 31, 2024

    good place and peaceful, easy access to shopping areas.

  • 275
    Fully Equipped Island Kitchen at Lawrence Landing, Indianapolis, Indiana a bedroom with a bed and a tv at Lawrence Landing, Indianapolis, Indiana
    Today

    6875 Faris Avenue, Indianapolis, IN 46226
    10 Units available
    1 BED $934+
    2 BEDS $1,074+
    Fully Equipped Island Kitchen at Lawrence Landing, Indianapolis, Indiana a bedroom with a bed and a tv at Lawrence Landing, Indianapolis, Indiana a dining room with a wooden table and chairs and a ceiling fan at Lawrence Landing, Indianapolis, IN 46226 Swimming Pool And Relaxing Area at Lawrence Landing, Indianapolis, 46226
    Overview

    Welcome home to the serene retreat that is Lawrence Landing Apartments! As a resident satisfaction top-rated destination, we made sure to revamp all our Northeast Indianapolis apartments with park-inspired amenities and convenient features. Join us with your furry friends, they'll love it here, too! Read some of our reviews on ApartmentRatings.com!

    Amenities
    • Air Conditioner
    • Dishwasher
    • Pool
    • Patio/Balcony
  • 370
    Top Rated for Location
    a kitchen with white cabinetry and black countertops at 7 Pointe Apartments, Indiana a bedroom with a large bed and a dresser with a mirror on it at 7 Pointe Apartments, Indiana
    4.0
    Today

    4724 Round Lake Rd, Indianapolis, IN 46205
    21 Units available
    1 BED $949+
    2 BEDS $1,109+
    3 BEDS $1,274+
    a kitchen with white cabinetry and black countertops at 7 Pointe Apartments, Indiana a bedroom with a large bed and a dresser with a mirror on it at 7 Pointe Apartments, Indiana Game Room at 7 Pointe Apartments, Indianapolis, IN cardio equipment in the gym at 7 Pointe Apartments, Indianapolis, Indiana
    Property reviews
    5/5 L. M. on Jul 6, 2023

    I love where i live its safe Pet friendly staff is great the atmosphere is lovely

    5/5 Anonymous on Jul 5, 2023

    So far so good.i have no problem living here.

  • 43
    Top Rated for Location
    Rent Specials
    a kitchen with white cabinets and black appliances and a sink a bedroom with white walls and carpet and white closet doors
    4.0
    Today

    8020 Madison Avenue, Indianapolis, IN 46227
    Available
    1 BED $975
    2 BEDS $1,100
    a kitchen with white cabinets and black appliances and a sink a bedroom with white walls and carpet and white closet doors a playground in a yard in front of an apartment building the stairway leading up to the second floor of the building
    Property reviews
    5/5 Anonymous on Jan 10, 2025

    Itsgreat and I love it god id good and I thank him

    5/5 Anonymous on Mar 1, 2024

    Friendly and helpful staff. Maintenance is very reliable.

  • A living room with a black couch and a bookshelf filled with books.
    27
    Today

    802 N. 9Th Street, Lafayette, IN 47906
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
    2 BEDS $1,099
234-0-state
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Getting around in Indiana, IN

1 /100
Car-Dependent
27 /100
Somewhat Bikeable
Walk Score®: 1, Bike Score®: 27

Frequently asked questions

What is the price of a cheap apartment in Indiana?

The price range of a cheap apartment is between $350 and $4,147.

How many cheap rentals are available in Indiana on RentCafe?

There are 1548 cheap rentals available on RentCafe. Prices and availability in Indiana were last updated on 18 Nov 2025.

What is the average size of a cheap apartment in Indiana?

The average Indiana cheap apartment size is 841 sq. ft.

What are the advantages of renting a cheap apartment in Indiana?

Cheap apartments in Indiana 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 Indiana?

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

Looking for a cheap apartment for rent in Indiana? With RentCafe, finding an affordable apartment in Indiana has never been easier. We feature 2,340 low-priced rentals directly from property managers, with rents lower than the Indiana average. What is a cheap rent in Indiana? The average apartment rent in Indiana is $1,312 per month so any rental south of $1,049 would be considered cheap here. On RentCafe, Indiana rents go as low as $208/mo.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!