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Cheap Apartments for Rent in Indianapolis, IN
Cheap Apartments for Rent in Indianapolis, IN. 1,131 Rentals Available
1,131 Rentals Available
Apartments Under $600 Apartments Under $700 Apartments Under $800 Apartments Under $900 Apartments Under $1,000 Apartments Under $1,100
Apartments Under $600
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Studio $9821 bd $5352 bd $1,170Base rent Income restricted4.0 (3)23 North Rural Street, Indianapolis, IN 46201Apply online • Pet friendly -
2 bd $569+3 bd $1,211Base rent3.5 (65)3810 Cooper Square Court, Indianapolis, IN 46205Apply online • Pet friendly • Pool
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Studio $5813 bd $1,439Base rent210 East Michigan Street, Indianapolis, IN 46204Apply online • Pet friendly • In unit laundry
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Apartments Under $700
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Studio $629+1 bd $699+2 bd $969Base rent4.5 (2)3710 N Meridian St, Indianapolis, IN 46208Apply online • Pet friendly • Fitness center
Apartments Under $800
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Studio $700+1 bd $800+2 bd $1,000+Base rent3800 West Michigan, Indianapolis, IN 46222-3385Apply online • Pet friendly • In unit laundry
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1 bd $717+2 bd $840+Base rent6046 E 21St Street, Suite 1B Management Office, Indianapolis, IN 46219Apply online • Pet friendly • Fitness center
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1 bd $717+2 bd $840+Base rent3.0 (59)6046 E 21St Street, Suite 1B Management Office, Indianapolis, IN 46219Apply online • Pet friendly • Fitness center
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Ask for pricing1430 & 1420 Madison Ave., Indianapolis, IN 46225Pet friendly • Dishwasher • Patio/Balcony
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Studio $7351 bd $915+2 bd $1,015Base rent4958 Dawn Drive, Indianapolis, IN 46268Apply online • Pet friendly • In unit laundry
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Studio $745+1 bd $760+2 bd $940+Base rent6000 Westlake Drive, Indianapolis, IN 46224Apply online • Pet friendly • Parking
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1 bd $748+2 bd $1,066+3 bd $1,423+Base rent4.5 (31)1902 Parsons Drive, Indianapolis, IN 46224Apply online • Pet friendly • Parking
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Studio $749+1 bd $870+Base rent5549 Rosewood Commons Dr., Indianapolis, IN 46254Apply online • Pet friendly • In unit laundry
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Studio $750+1 bd $1,010+Base rent2069 Olivewood Drive, Indianapolis, IN 46219Apply online • Pet friendly • In unit laundry
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1 bd $751+2 bd $892Base rent4.0 (3)315 Koehne Street, Indianapolis, IN 46222Apply online • Pet friendly • Air conditioner
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Studio $755+1 bd $871+2 bd $1,076+Base rent4.0 (17)3001 Bavarian West Drive, Indianapolis, IN 46235Apply online • Pet friendly • Fitness center
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1 bd $7672 bd $1,073+Base rent4.0 (20)2148 Augusta Drive East, Indianapolis, IN 46224Apply online • Pet friendly • Pool
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1 bd $7682 bd $1,050+Base rent3.5 (13)7302 Queen Anne Court, Indianapolis, IN 46227Apply online • Pet friendly • Parking
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1 bd $773+2 bd $1,079+Base rent4.5 (13)1815 Foyt Drive, Indianapolis, IN 46224Pet friendly • Parking • Pool
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Studio $775+1 bd $825+2 bd $1,145Base rent4959 Oakhurst Drive, Indianapolis, IN 46254Apply online • Pet friendly • In unit laundry
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Studio $776+1 bd $943+2 bd $1,164+Base rent7135 Islander Drive, Indianapolis, IN 46214Apply online • Pet friendly • Fitness center
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1 bd $786+2 bd $1,110+3 bd $1,474+Base rent3.5 (18)7747 Santa Monica Drive, Indianapolis, IN 46268Apply online • Pet friendly • Parking
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1 bd $7952 bd $865Base rent3.5 (35)6046 E 21St Street, Suite 1B Management Office, Indianapolis, IN 46219Apply online • Pet friendly • Fitness center
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Studio $795+1 bd $860+Base rent3749 Willowood Drive, Indianapolis, IN 46235Apply online • Pet friendly • In unit laundry
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1 bd $796+2 bd $892+3 bd $1,245+Base rent5301 Turtle Creek Drive South, Indianapolis, IN 46227Apply online • Pet friendly • Fitness center
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Apartments Under $900
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1 bd $802+2 bd $1,071+Base rent4.5 (24)2455 Rolls Drive, Indianapolis, IN 46268Apply online • Pet friendly • Parking
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1 bd $802+2 bd $1,071+Base rent4.0 (31)951 Carlyle Lane, Indianapolis, IN 46240Apply online • Pet friendly • Parking
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Studio $802+1 bd $815+2 bd $1,057+Base rent4.0 (37)6430 Maidstone Road, Indianapolis, IN 46254Apply online • Pet friendly • Fitness center
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1 bd $807+2 bd $905+Base rent3.0 (41)6046 E 21St Street, Suite 1B Management Office, Indianapolis, IN 46219Apply online • Pet friendly • Fitness center
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1 bd $809+2 bd $1,111+3 bd $1,482+Base rent4.0 (35)2135 N High School Road, Indianapolis, IN 46224Apply online • Pet friendly • Parking
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Studio $819+1 bd $1,009+2 bd $1,089Base rent2760 Cherry Glen Way, Indianapolis, IN 46227Apply online • Pet friendly • In unit laundry
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1 bd $829+2 bd $1,019+3 bd $1,249Base rent4.5 (1)4909 Covered Bridge Rd., Indianapolis, IN 46268Apply online • Pet friendly • Pool
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1 bd $830+2 bd $1,120+Base rent3.5 (9)3685 St Thomas Blvd, Indianapolis, IN 46214Apply online • Pet friendly • Fitness center
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Studio $839+1 bd $989Base rent8026 Mcfarland Court, Indianapolis, IN 46227Apply online • Pet friendly • In unit laundry
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1 bd $845+2 bd $1,100Base rent6363 Commons Drive, Indianapolis, IN 46254Apply online • Pet friendly • Fitness center
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Studio $848+1 bd $850+2 bd $1,007+Total monthly cost4.0 (15)7007 Courthouse Dr, Indianapolis, IN 46226Apply online • Pet friendly
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Studio $8491 bd $929+2 bd $1,119Base rent3.5 (3)9000 N. College Ave, Indianapolis, IN 46240Apply online • Pet friendly • Patio/Balcony
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1 bd $8502 bd $950Base rent4.0 (5)8020 Madison Avenue, Indianapolis, IN 46227Apply online • Pet friendly • In unit laundry
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1 bd $8502 bd $1,0503 bd $1,400Base rent11415 Knollridge Ln, Indianapolis, IN 46229Apply online • Pet friendly • In unit laundry
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1 bd $871+2 bd $982+3 bd $1,295+Base rent6475 Excalibur Ct, Indianapolis, IN 46268Apply online • Pet friendly • Pool
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1 bd $880+2 bd $1,1103 bd $1,370Base rent4.5 (3)3120 Nobscot Drive, Indianapolis, IN 46222Apply online • Pet friendly • In unit laundry
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Studio $8951 bd $1,0752 bd $1,119Base rent7980 Dunston Drive, Indianapolis, IN 46239Apply online • Pet friendly • In unit laundry
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Studio $947+1 bd $896+2 bd $1,194+Base rent7601 Carlton Arms Dr, Indianapolis, IN 46256Apply online • Pet friendly • Fitness center
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1 bd $8992 bd $1,250+3 bd $1,450Base rent5.0 (1)6111 Allisonville Rd, Indianapolis, IN 46220Apply online • Pet friendly • Fitness center
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Apartments Under $1,000
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Studio $900+1 bd $947+2 bd $1,045+Base rent4.5 (124)1540 Handball Lane, Indianapolis, IN 46260Apply online • Pet friendly • Fitness center
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1 bd $907+2 bd $911Base rent4.5 (12)9201 E. 46Th Street, Indianapolis, IN 46235Pet friendly • Fitness center • In unit laundry
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1 bd $919+Base rent3714 Bartlett Ave, Indianapolis, IN 46227Apply online • Pet friendly • In unit laundry
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1 bd $919+2 bd $1,193Base rent3.0 (1)1150 N White River Pkwy Dr W, Indianapolis, IN 46222Apply online • Pet friendly • Fitness center
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1 bd $934+2 bd $1,094+Base rent6875 Faris Avenue, Indianapolis, IN 46226Apply online • Pet friendly • Fitness center
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1 bd $950+2 bd $1,1503 bd $1,500Base rent3.5 (16)4656 Edwardian Circle, Indianapolis, IN 46254Apply online • Pet friendly • Parking
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Apartments Under $1,100
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1 bd $1,034+2 bd $1,127+3 bd $1,339Base rent5.0 (12)6630 Glenbrook Drive, Indianapolis, IN 46220Apply online • Pet friendly • Fitness center
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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 $535 and $3,141.
How many cheap rentals are available in Indianapolis, IN on RentCafe?
There are 895 cheap rentals available on RentCafe. Prices and availability in Indianapolis, IN were last updated on 19 Jun 2026.
What is the average size of a cheap apartment in Indianapolis, IN?
The average Indianapolis, IN cheap apartment size is 775 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.
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 1,131 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 $1,269 per month so any rental south of $1,015 would be considered cheap here. On RentCafe, Indianapolis, IN rents go as low as $535/mo.