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Cheap Apartments for Rent in Indianapolis, IN - 303 Rentals available

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Renting a Cheap Apartment in Indianapolis

Indiana’s state capital is a fast-growing city with affordable housing, jobs in manufacturing, services and health care, and love of motor sports. The famous Indy 500 happens here annual at Indianapolis Motor Speedway. This is the largest-single day sports event in the entire world. The Colts, the city’s NFL team, also inspire much local pride. Indianapolis is home to numerous colleges, a revitalized downtown that’s home to businesses, shops and museums, and beautiful rivers and parks. There are six cultural districts of historic merit. Tourists visit for conventions, White River State Park, and the Indianapolis Zoo. Indianapolis will host the 2012 Super Bowl, a major event for the city.

Looking for a cheap apartment for rent in Indianapolis, IN? With RENTCafé, finding an affordable apartment in Indianapolis, IN has never been easier. We feature 303 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 $820 per month so any rental south of $656 would be considered cheap here. Size matters though, so if you are in a market for a studio, expect to pay around $439 per month. If you’re looking to upgrade to a 1-bedroom apartment you’ll pay around $516, while a cheap 2-bedroom apartment will cost you about $596 per month. On RENTCafé, Indianapolis, IN rents go as low as $359/mo.