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Cheap Apartments for Rent in Indianapolis, IN
525 Rentals Available

Apartments Under $500

  • 1 day ago

    5719 Massachusetts Ave, Indianapolis, IN 46218
    1 Unit available
    • 1 BED
    • 2 BEDS
    • $410
    • Ask for pricing
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  • 1 day ago

    841 E 64Th St, INDIANAPOLIS, IN 46220
    19 Units available
    • Studio
    • $495
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Apartments Under $600

  • Top Rated for Location
    Today

    1902 Parsons Drive, Indianapolis, IN 46224
    Available
    • 1 BED
    • 2 BEDS
    • 3 BEDS
    • Ask for pricing
    • $982+
    • Ask for pricing
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  • Top Rated for Staff
    Today

    3417 N Rybolt Ave, Indianapolis, IN 46222
    5 Units available
    • Studio
    • 1 BED
    • 2 BEDS
    • $570+
    • Ask for pricing
    • $975+
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  • Top Rated for Location
    Today

    2148 Augusta Drive East, Indianapolis, IN 46224
    Available
    • 1 BED
    • 2 BEDS
    • Ask for pricing
    • $843+
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  • Today

    7136 Crystal Bay Drive E, Indianapolis, IN 46260
    Available
    • 1 BED
    • 2 BEDS
    • 3 BEDS
    • $585+
    • $725+
    • $795+
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  • Top Rated for Value
    1 day ago

    7110 Township Line Road, Indianapolis, IN 46260
    14 Units available
    • 1 BED
    • 2 BEDS
    • 3 BEDS
    • $594
    • $759+
    • $969
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Apartments Under $700

  • Resident Rated
    Today

    4417 Linwood Ct, Indianapolis, IN 46201
    6 Units available
    • 1 BED
    • 2 BEDS
    • $615+
    • $801+
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  • Top Rated for Location
    Today

    951 Carlyle Lane, Indianapolis, IN 46240
    Contact for availability
    • 1 BED
    • 2 BEDS
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  • Resident Rated
    1 day ago

    11415 Knollridge Ln, Indianapolis, IN 46229
    Contact for availability
    • 1 BED
    • 2 BEDS
    • 3+ BEDS
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  • Today

    9117 Briergate Ct. #B, Indianapolis, IN 46229
    18 Units available
    • 1 BED
    • 2 BEDS
    • $635
    • $705+
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  • Interactive banner bedroom
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    • Studio
    • 1
    • 2
    • 3
    • 4+
  • Top Rated for Location
    Today

    7036 East 10Th Street, Indianapolis, IN 46219
    7 Units available
    • 1 BED
    • 2 BEDS
    • $695
    • $650+
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  • Today

    4401 S. Keystone Ave, Indianapolis, IN 46227
    Available
    • 1 BED
    • 2 BEDS
    • $650+
    • $775+
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  • Today

    1927 N Broadway Street, Indianapolis, IN 46202
    Contact for availability
    • 2 BEDS
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  • Today

    8026 Mcfarland Court, Indianapolis, IN 46227
    Available
    • Studio
    • 1 BED
    • 2 BEDS
    • $670+
    • Ask for pricing
    • Ask for pricing
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  • Top Rated for Location
    Today

    9093 Bourbon St, Indianapolis, IN 46235
    13 Units available
    • Studio
    • 1 BED
    • 2+ BEDS
    • $671+
    • $728+
    • $995+
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  • Today

    2760 Cherry Glen Way, Indianapolis, IN 46227
    Available
    • Studio
    • 1 BED
    • 2 BEDS
    • Ask for pricing
    • $845+
    • Ask for pricing
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  • Resident Rated
    Today

    5350 Cider Mill Lane, Indianapolis, IN 46226
    Available
    • 1 BED
    • 2 BEDS
    • $681+
    • $947+
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  • Today

    3402 Marabou Mills Dr., Indianapolis, IN 46214
    Available
    • Studio
    • 1 BED
    • 2 BEDS
    • $685
    • $835+
    • Ask for pricing
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  • Today

    6764 Lambert Street, Indianapolis, IN 46241
    Contact for availability
    • 1 BED
    • 2 BEDS
    • 3+ BEDS
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  • Today

    2913 E. Hanna Ave, Indianapolis, IN 46227
    16 Units available
    • 1 BED
    • 2 BEDS
    • $693
    • $781
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Apartments Under $800

  • 1 day ago

    3466 Carrollton, Indianapolis, IN 46205
    3 Units available
    • Studio
    • 1 BED
    • Ask for pricing
    • $701
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  • Have rent special Rent Specials
    Today

    6046 E 21St Street, Suite 1B Management Office, Indianapolis, IN 46219
    Available
    • 1 BED
    • 2 BEDS
    • $707+
    • $805+
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  • Have rent special Rent Specials
    Today

    6046 E 21St Street, Suite 1B Management Office, Indianapolis, IN 46219
    Available
    • 1 BED
    • 2 BEDS
    • $707+
    • $760+
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  • Resident Rated
    Today

    8020 Madison Ave, Indianapolis, IN 46227
    Available
    • 1 BED
    • 2 BEDS
    • $710
    • $820
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  • Top Rated for Location
    1 day ago

    4010 Mann Village Rd, Indianapolis, IN 46221
    Contact for availability
    • 1 BED
    • 2 BEDS
    • $720
    • Ask for pricing
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  • Top Rated for Staff
    Today

    4741 E Washington Street, Indianapolis, IN 46201
    6 Units available
    • 1 BED
    • 2 BEDS
    • 3 BEDS
    • $725
    • $850+
    • Ask for pricing
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  • Today

    9025 South Eldorado Drive, Lawrence, IN 46236
    10 Units available
    • 1 BED
    • 2 BEDS
    • $725+
    • $995
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  • Resident Rated
    Today

    5505 Scarlet Drive, Indianapolis, IN 46224
    9 Units available
    • Studio
    • 1 BED
    • 2+ BEDS
    • Ask for pricing
    • $723+
    • $818+
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  • Today

    5549 Rosewood Commons Dr., Indianapolis, IN 46254
    Available
    • Studio
    • 1 BED
    • 2 BEDS
    • $694+
    • $804+
    • Ask for pricing
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  • 260 days ago

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

    1301 Whitcomb Avenue, Indianapolis, IN 46224
    Contact for availability
    • 1 BED
    • 2 BEDS
    • 3 BEDS
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  • Today

    2069 Olivewood Drive, Indianapolis, IN 46219
    Available
    • Studio
    • 1 BED
    • 2 BEDS
    • $741+
    • $860+
    • Ask for pricing
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  • Top Rated for Staff
    Today

    4555 N Arlington Ave, Indianapolis, IN 46226
    23 Units available
    • 1 BED
    • 2 BEDS
    • 3 BEDS
    • $743+
    • $841+
    • $1,297+
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  • Resident Rated
    Today

    9201 E 30Th St, Indianapolis, IN 46229
    Available
    • 1 BED
    • 2 BEDS
    • 3 BEDS
    • Ask for pricing
    • $835+
    • Ask for pricing
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  • Resident Rated
    Today

    7601 Carlton Arms Dr, Indianapolis, IN 46256
    141 Units available
    • Studio
    • 1 BED
    • 2 BEDS
    • $750
    • $825+
    • $1,050+
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  • Today

    1301 Whitcomb Avenue, Indianapolis, IN 46224
    Contact for availability
    • 1 BED
    • 2 BEDS
    • 3 BEDS
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  • Resident Rated
    Today

    5350 E. 21St St.,, Indianapolis, IN 46218
    Available
    • 1 BED
    • 2 BEDS
    • $756+
    • $760+
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  • Today

    6495 Piping Rock Ln, Indianapolis, IN 46254
    Available
    • 1 BED
    • 2 BEDS
    • 3 BEDS
    • $768
    • $985
    • Ask for pricing
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  • Today

    8172 Aragon Woods Drive, Indianapolis, IN 46214
    Available
    • Studio
    • 1 BED
    • 2+ BEDS
    • $770
    • Ask for pricing
    • Ask for pricing
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  • Top Rated for Location
    Today

    5301 S Turtle Creek Drive, Indianapolis, IN 46227
    16 Units available
    • 1 BED
    • 2 BEDS
    • 3 BEDS
    • $770+
    • $860+
    • $1,015+
    View Property
  • 1 day ago

    3820 Cedar Ridge Rd, Indianapolis, IN 46235
    4 Units available
    • 1 BED
    • 2 BEDS
    • Ask for pricing
    • $905
    View Property
  • Top Rated for Location
    Today

    5018 Lemans Dr, Indianapolis, IN 46205
    18 Units available
    • Studio
    • 1 BED
    • 2+ BEDS
    • Ask for pricing
    • $792+
    • $1,060+
    View Property
  • Today

    3714 Bartlett Ave, Indianapolis, IN 46227
    Available
    • Studio
    • 1 BED
    • 2 BEDS
    • $799
    • Ask for pricing
    • Ask for pricing
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Apartments Under $900

  • 1 day ago

    2111 E 52Nd St., Indianapolis, IN 46205
    1 Unit available
    • 1 BED
    • 2 BEDS
    • $800
    • Ask for pricing
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  • Top Rated for Location
    Today

    4656 Edwardian Cr, Indianapolis, IN 46254
    Available
    • 1 BED
    • 2 BEDS
    • 3 BEDS
    • $800
    • $950
    • $1,125
    View Property
  • Today

    4959 Oakhurst Drive, Indianapolis, IN 46254
    Available
    • Studio
    • 1 BED
    • 2+ BEDS
    • $849
    • $787+
    • Ask for pricing
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  • Top Rated for Location
    Today

    3553 Founders Road, Indianapolis, IN 46268
    Available
    • Studio
    • 1 BED
    • 2 BEDS
    • $805+
    • $880+
    • $1,305
    View Property
  • Top Rated for Location
    Today

    3001 Bavarian West Drive, Indianapolis, IN 46235
    14 Units available
    • Studio
    • 1 BED
    • 2 BEDS
    • $811+
    • $859+
    • $1,187+
    View Property
  • Resident Rated
    Today

    6430 Maidstone Road, Indianapolis, IN 46254
    25 Units available
    • Studio
    • 1 BED
    • 2+ BEDS
    • $824+
    • $876+
    • $1,142+
    View Property
70-0-city

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.

Frequently Asked Questions

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

The price range of a cheap apartment is between $410 and $3,803. Find cheap apartments in Indianapolis, IN.

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

There are 472 cheap rentals available on RentCafe. Prices and availability in Indianapolis, IN were last updated on 29 Jun 2022.

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

The average Indianapolis, IN cheap apartment size is 673 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.

Renting a cheap apartment in Indianapolis, IN

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 RentCafe, finding an affordable apartment in Indianapolis, IN has never been easier. We feature 525 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 $1,055 per month so any rental south of $844 would be considered cheap here. On RentCafe, Indianapolis, IN rents go as low as $410/mo.

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