Save This Search

Cheap Apartments for Rent in Indianapolis, IN

1,033 Rentals Available
Apartments Under $700 Apartments Under $800 Apartments Under $900 Apartments Under $1,000 Apartments Under $1,100

Apartments Under $700

  • a living room with a couch and a coffee table
    81
    Today

    3710 N Meridian St, Indianapolis, IN 46208
    STUDIO $699+
    1 BED $719+
    2 BEDS Ask for Pricing
  • A living room with a white couch, a coffee table, and a painting on the wall.
    68
    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

Apartments Under $800

  • a building with a sign in front of it
    107
    Today

    315 Koehne Street, Indianapolis, IN 46222
    1 BED $711+
    2 BEDS $817
  • 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 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 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
  • Renting has its Rewards
    Start earning points to redeem on travel, experiences, gift cards, live events, and more!
    Earn points for:
    Internet and Entertainment
    Utilities
    Insurance
    Learn more
  • 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 $730+
    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 $730+
    2 BEDS $793+
  • 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
  • a living room with a couch and a coffee table
    69
    Today

    2455 Rolls Drive, Indianapolis, IN 46268
    1 BED $762+
    2 BEDS $996+
  • Interactive banner rent
    What is your max rent budget?
  • 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 $979+
  • a living room with a couch and a coffee table
    203
    Today

    6000 Westlake Drive, Indianapolis, IN 46224
    STUDIO $770+
    1 BED $820+
    2 BEDS $1,035+
  • A living room with a white couch and a red vase on a glass table.
    117
    Today

    6430 Maidstone Road, Indianapolis, IN 46254
    STUDIO $781+
    1 BED $827+
    2 BEDS $1,013+
  • A living room with a fireplace and a television mounted above it.
    94
    Today

    3001 Bavarian West Drive, Indianapolis, IN 46235
    STUDIO $784+
    1 BED $955+
    2 BEDS $1,074+
  • 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 Ask for Pricing
    1 BED $799+
    2 BEDS Ask for Pricing
  • Interactive banner bedroom
    How many bedrooms are you
    looking for?
  • A living room with a white couch, a coffee table, and a painting on the wall.
    87
    Today

    2760 Cherry Glen Way, Indianapolis, IN 46227
    STUDIO $799
    1 BED $899+
    2 BEDS Ask for Pricing

Apartments Under $900

  • A living room with a white couch, a coffee table, and a painting on the wall.
    159
    Today

    4959 Oakhurst Drive, Indianapolis, IN 46254
    STUDIO $800+
    1 BED $829+
    2 BEDS $1,200
  • an open living room and dining room with a couch and a table
    95
    Today

    6475 Excalibur Ct, Indianapolis, IN 46268
    1 BED $815+
    2 BEDS $1,027+
    3 BEDS Ask for Pricing
  • A kitchen with wooden cabinets and a stove top oven.
    16
    Today

    4909 Covered Bridge Rd., Indianapolis, IN 46268
    1 BED $819+
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
  • A living room with a white couch, a coffee table, and a painting on the wall.
    47
    Today

    8026 Mcfarland Court, Indianapolis, IN 46227
    STUDIO $820+
    1 BED $999+
    2 BEDS Ask for Pricing
  • a living room with a couch and a table and a large window
    549
    Today

    3810 Cooper Square Court, Indianapolis, IN 46205
    1 BED $1,025
    2 BEDS $829+
    3 BEDS $1,238
  • Renting has its Rewards
    Start earning points to redeem on travel, experiences, gift cards, live events, and more!
    Earn points for:
    Internet and Entertainment
    Utilities
    Insurance
    Learn more
  • the living room of an apartment with a couch and a table
    150
    Today

    5350 E. 21St St.,, Indianapolis, IN 46218
    1 BED $845+
    2 BEDS $885
  • the living room of an apartment with a couch and chairs
    127
    Today

    6363 Commons Drive, Indianapolis, IN 46254
    1 BED $845+
    2 BEDS $1,000+
    3 BEDS $1,309+
  • A living room with a white couch, a coffee table, and a painting on the wall.
    72
    Today

    3714 Bartlett Ave, Indianapolis, IN 46227
    STUDIO $849
    1 BED $999+
    2 BEDS Ask for Pricing
  • a kitchen with a stainless steel refrigerator and a sink
    74
    Today

    3720 N Pennsylvania St, Indianapolis, IN 46205
    1 BED $850
    2 BEDS $975
    4 BEDS Ask for Pricing
  • A kitchen with white cabinets and a black stove top.
    185
    Today

    3685 St. Thomas Blvd, Indianapolis, IN 46214
    1 BED $850+
    2 BEDS $1,100+
  • a living room with a couch and a table
    22
    Today

    3777 N. Meridian St., Indianapolis, IN 46208
    Income Restricted
    1 BED $851
  • Interactive banner rent
    What is your max rent budget?
  • 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 .

  • a living room with couches and a coffee table
    71
    Today

    2755 Merlin Lake Dr, Indianapolis, IN 46229
    1 BED $880+
    2 BEDS $1,067+
    3 BEDS $1,317+
  • A kitchen with black appliances and white cabinets.
    93
    Today

    7007 Courthouse Dr, Indianapolis, IN 46226
    STUDIO Ask for Pricing
    1 BED $917+
    2 BEDS $889+
  • a kitchen with a stove refrigerator and a sink
    44
    Today

    4949 Bobwhite Lane, Indianapolis, IN 46254
    1 BED $895+
    2 BEDS $1,207+
    3 BEDS $1,563+
  • a dining room and living room with a table and chairs
    42
    Today

    4949 Bobwhite Lane, Indianapolis, IN 46254
    1 BED $895+
    2 BEDS $1,199+
    3 BEDS $1,563+
  • a living room with a couch and a rug
    33
    Today

    1130 Racquet Club North Drive, Indianapolis, IN 46260
    1 BED $895+
    2 BEDS $913+
    3 BEDS $1,349+
  • Interactive banner bedroom
    How many bedrooms are you
    looking for?

Apartments Under $1,000

  • a living room with a rug and couches
    44
    Today

    1540 Handball Lane, Indianapolis, IN 46260
    STUDIO $900+
    1 BED $936+
    2 BEDS $1,003+
  • a kitchen with a stove refrigerator and a sink
    32
    Today

    4949 Bobwhite Lane, Indianapolis, IN 46254
    1 BED $915+
    2 BEDS $1,199+
    3 BEDS $1,563+
  • A living room with a dining table and chairs.
    158
    Today

    3120 Nobscot Drive, Indianapolis, IN 46222
    1 BED $925
    2 BEDS $1,110
    3 BEDS Ask for Pricing
  • A living room with a black couch and a red chair.
    184
    Today

    4955 Red Horizon Blvd, Indianapolis, IN 46221
    1 BED $925
    2 BEDS $1,105
    3 BEDS $1,275+
  • A kitchen interior with a counter and a stove top oven.
    324
    Today

    7110 Township Line Road, Indianapolis, IN 46260
    Income Restricted
    1 BED $933
    2 BEDS $1,214
    3 BEDS Ask for Pricing
  • Renting has its Rewards
    Start earning points to redeem on travel, experiences, gift cards, live events, and more!
    Earn points for:
    Internet and Entertainment
    Utilities
    Insurance
    Learn more
  • 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
  • A living room with a white couch and a coffee table.
    105
    Today

    4100 Continental Court, Indianapoils, IN 46227
    1 BED $974+
    2 BEDS $934+
    3 BEDS $1,399
  • 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.

  • a living room with couches and chairs and a desk
    73
    Today

    737 Lockefield Lane, Indianapolis, IN 46202
    1 BED $954+
    2 BEDS $1,253
  • a living room with a white couch and a table
    63
    Today

    5836 Hunnewell Dr, Indianapolis, IN 46254
    1 BED $968+
    2 BEDS $1,166+
    3 BEDS $1,325+
  • 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.

  • Interactive banner rent
    What is your max rent budget?

Apartments Under $1,100

  • a living room with a couch and a table
    51
    Today

    7503 Ivywood Circle, Indianapolis, IN 46250
    1 BED Ask for Pricing
    2 BEDS $1,058+
    3 BEDS $1,558+
69-0-city
You viewed 853 of 1033 rentals.

Save Search

Local Guides for Renters

Getting around in Indianapolis, IN

57 /100
Somewhat Walkable
46 /100
Some Transit
88 /100
Very Bikeable
Walk Score®: 57, Transit Score®: 46, Bike Score®: 88

Frequently asked questions

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

The price range of a cheap apartment is between $699 and $4,147.

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

There are 740 cheap rentals available on RentCafe. Prices and availability in Indianapolis, IN were last updated on 18 Nov 2025.

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

The average Indianapolis, IN cheap apartment size is 773 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.

Look for cheap apartments near me

Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RentCafe, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

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 1,033 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 $1,253 per month so any rental south of $1,003 would be considered cheap here. On RentCafe, Indianapolis, IN rents go as low as $699/mo.

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