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Cheap Apartments for Rent in Indiana - 876 Rentals available

Apartments Under $400

Apartments Under $500

Apartments Under $600


Frequently Asked Questions

What is the price of a cheap apartment in Indiana?

The price range of a cheap apartment is between $336 and $3,300. Find cheap apartments in Indiana.

How many cheap rentals are available in Indiana on RENTCafé?

There are 761 cheap rentals available on RENTCafé. Prices and availability in Indiana were last updated on 18 May 2021.

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

The average Indiana cheap apartment size is 730 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. You might be interested in studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RENTCafé apartments for rent in Indiana.

Indiana Demographics

  • Total Population6,665,472
  • Female 3,284,618
    Male 3,380,854
  • Median Age40

Average Rent in Indiana

  • Indiana Average Rental Price, May 2021 $966 /mo

Indiana Apartment Rent Ranges

  • < $5001%
  • $501-$70016%
  • $701-$1,00048%
  • $1,001-$1,50030%
  • $1,501-$2,0004%
  • > $2,0001%

Indiana Rent Trends

Average Rent Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 May / 2021
Indiana $848 $849 $874 $884 $905 $914 $924 $933 $953 $966
National $1,313 $1,344 $1,353 $1,358 $1,390 $1,397 $1,399 $1,390 $1,393 $1,407
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Indiana Households

  • Total Number of Households2,570,419
  • Family 1,663,199
    Non-family 907,220
  • Children 795,712
    No Children 1,774,707
  • Average People Per Household2.55
  • Median Household Income$56,402
  • Median Housing Costs Per Month$770

Indiana Education Statistics

  • No High School4%
  • Some High School44%
  • Some College27%
  • Associate Degree9%
  • Bachelor Degree17%

Looking for a cheap apartment for rent in Indiana? With RENTCafé, finding an affordable apartment in Indiana has never been easier. We feature 876 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 $966 per month so any rental south of $773 would be considered cheap here. On RENTCafé, Indiana rents go as low as $336/mo.

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