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Cheap Apartments for Rent in Indianapolis, IN
486 Rentals Available

Apartments Under $200

  • Today

    3101 East 10Th Street, Indianapolis, IN 46201
    Studio $100+
    1 BED $430
    2 BEDS $625+

Apartments Under $500

  • Today

    23 North Rural Street, Indianapolis, IN 46201
    Studio $495
    1 BED $795
    2+ BEDS $750

Apartments Under $600

  • Today

    5719 Massachusetts Ave, Indianapolis, IN 46218
    1 BED $500
    2 BEDS $550

Apartments Under $700

  • Today

    2069 Olivewood Drive, Indianapolis, IN 46219
    Studio $610+
    1 BED $805+
    2 BEDS Ask for Pricing
  • Today

    2148 Augusta Drive East, Indianapolis, IN 46224
    1 BED Ask for pricing
    2 BEDS Ask for pricing
  • Today

    4959 Oakhurst Drive, Indianapolis, IN 46254
    Studio $614+
    1 BED $787+
    2+ BEDS $1,057
  • Today

    315 Koehne Street, Indianapolis, IN 46222
    1 BED $616
    2 BEDS $692
  • 1 day ago

    6046 E 21St Street, Suite 1B Management Office, Indianapolis, IN 46219
    1 BED $642+
    2 BEDS $682+
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  • Today

    6046 E 21St Street, Suite 1B Management Office, Indianapolis, IN 46219
    1 BED $642+
    2 BEDS $730+
  • Today

    2455 Rolls Drive, Indianapolis, IN 46268
    1 BED Ask for pricing
    2 BEDS Ask for pricing
  • Today

    951 Carlyle Lane, Indianapolis, IN 46240
    1 BED Ask for pricing
    2 BEDS Ask for pricing
  • Today

    5620 East 30Th Street, Indianapolis, IN 46218
    1 BED $650
    2 BEDS $775
  • Today

    3215 N Alton Ave, Indianapolis, IN 46222
    1 BED $655+
    2 BEDS $1,169+
    3 BEDS $1,331+
  • Today

    5505 Scarlet Drive, Indianapolis, IN 46224
    Studio $671+
    1 BED $655+
    2+ BEDS Ask for Pricing
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  • Today

    7110 Township Line Road, Indianapolis, IN 46260
    1 BED $661+
    2 BEDS $842+
    3 BEDS $1,074
  • Today

    3402 Marabou Mills Dr., Indianapolis, IN 46214
    Studio $665+
    1 BED $845+
    2 BEDS Ask for Pricing
  • Today

    5549 Rosewood Commons Dr., Indianapolis, IN 46254
    Studio $669+
    1 BED $769+
    2 BEDS $969
  • Today

    3749 Willowood Drive, Indianapolis, IN 46235
    Studio $675+
    1 BED $839+
    2 BEDS Ask for Pricing
  • Today

    5350 E. 21St St.,, Indianapolis, IN 46218
    1 BED $687+
    2 BEDS $682+

Apartments Under $800

  • Today

    10101 E Montery Rd, Indianapolis, IN 46235
    Studio $701+
    1 BED $886+
    2 BEDS $1,094+
  • Today

    3685 St. Thomas Blvd, Indianapolis, IN 46214
    1 BED $710
    2 BEDS $970
  • Today

    5018 Lemans Dr, Indianapolis, IN 46205
    Studio $750+
    1 BED $729+
    2+ BEDS $815+
  • 709 days ago

    1430 & 1420 Madison Ave., Indianapolis, IN 46225
    1 BED Ask for pricing
    2 BEDS Ask for pricing
  • Today

    6000 Westlake Drive, Indianapolis, IN 46224
    Studio $735+
    1 BED $855+
    2+ BEDS $1,180+
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  • Today

    4958 Dawn Drive, Indianapolis, IN 46268
    Studio $739+
    1 BED $889+
    2 BEDS Ask for Pricing
  • Today

    8026 Mcfarland Court, Indianapolis, IN 46227
    Studio $750+
    1 BED $915+
    2 BEDS Ask for Pricing
  • Today

    9000 N. College Ave, Indianapolis, IN 46240
    Studio $750
    1 BED $925
    2 BEDS $1,075
  • Today

    3120 Nobscot Drive, Indianapolis, IN 46222
    1 BED $785+
    2 BEDS $750+
    3 BEDS $1,200
  • Today

    7601 Carlton Arms Dr, Indianapolis, IN 46256
    Studio $750
    1 BED $925+
    2 BEDS $1,175+
  • Today

    6495 Piping Rock Ln, Indianapolis, IN 46254
    1 BED $761+
    2 BEDS $1,220+
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  • Today

    6430 Maidstone Road, Indianapolis, IN 46254
    Studio $766+
    1 BED $810+
    2+ BEDS $1,142+
  • Today

    4555 N Arlington Ave, Indianapolis, IN 46226
    1 BED $798+
    2 BEDS $776+
    3 BEDS Ask for Pricing
  • Today

    3034 N. Webster Ave.,, Indianapolis, IN 46226
    1 BED $823+
    2 BEDS $780+
  • Today

    3810 Cooper Square Court, Indianapolis, IN 46205
    1 BED $781
    2 BEDS $920
    3 BEDS $1,065
  • Today

    4401 S. Keystone Ave, Indianapolis, IN 46227
    1 BED $785+
    2 BEDS $800+
  • Today

    2760 Cherry Glen Way, Indianapolis, IN 46227
    Studio $790+
    1 BED $930+
    2 BEDS Ask for Pricing
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  • Today

    4417 Linwood Ct, Indianapolis, IN 46201
    1 BED Ask for Pricing
    2 BEDS $794+

Apartments Under $900

  • Today

    6764 Lambert Street, Indianapolis, IN 46241
    Income Restricted
    1 BED Ask for pricing
    2 BEDS Ask for pricing
    3+ BEDS Ask for pricing
  • Today

    4259 Burkhart Drive, Indianapolis, IN 46227
    1 BED $810+
    2 BEDS $980+
    3 BEDS Ask for Pricing
  • Today

    1366 N Arlington Ave, Indianapolis, IN 46219
    2 BEDS $812+
  • Today

    7007 Courthouse Dr, Indianapolis, IN 46226
    Studio Ask for Pricing
    1 BED $819+
    2 BEDS $926+
  • Today

    5350 Cider Mill Lane, Indianapolis, IN 46226
    1 BED $824+
    2 BEDS $1,065+
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  • Today

    6475 Excalibur Ct, Indianapolis, IN 46268
    1 BED $828+
    2 BEDS $900+
    3 BEDS $1,375+
  • Today

    4010 Mann Village Rd, Indianapolis, IN 46221
    1 BED $830
    2 BEDS $949
  • Today

    4737 E. 19Th St.,, Indianapolis, IN 46218
    2 BEDS $846+
  • Today

    5816 W 38Th St, Indianapolis, IN 46254
    1 BED $846+
    2 BEDS $1,020+
  • Today

    1001-1015 North Delaware Street, Indianapolis, IN 46202
    1 BED $850+
    2 BEDS $1,050
  • Today

    1301 Whitcomb Avenue, Indianapolis, IN 46224
    1 BED Ask for pricing
    2 BEDS Ask for pricing
    3 BEDS Ask for pricing
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  • Today

    1301 Whitcomb Avenue, Indianapolis, IN 46224
    1 BED Ask for pricing
    2 BEDS Ask for pricing
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  • Today

    5500 Pleasant Hill Circle, Indianapolis, IN 46224
    1 BED $867+
    2 BEDS $1,118+
    3 BEDS $1,231+
74-0-city

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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 $430 and $4,653. Find cheap apartments in Indianapolis, IN.

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

There are 3169 cheap rentals available on RentCafe. Prices and availability in Indianapolis, IN were last updated on 21 Sep 2023.

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

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

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 486 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 $1,191 per month so any rental south of $953 would be considered cheap here. On RentCafe, Indianapolis, IN rents go as low as $495/mo.

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