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Cheap Apartments for Rent in Indianapolis, IN

897 Rentals Available
Cheap Apartments for Rent in Indianapolis, IN. 897 Rentals Available
Apartments Under $200 Apartments Under $600 Apartments Under $700 Apartments Under $800 Apartments Under $900 Apartments Under $1,000

Apartments Under $200

  • a large brick building with a sidewalk in front of it
    Today

    3101 East 10Th Street, Indianapolis, IN 46201
    STUDIO $100+
    1 BED $545
    2 BEDS $625+

Apartments Under $600

Apartments Under $700

  • a building with a sign in front of it
    Today

    315 Koehne Street, Indianapolis, IN 46222
    1 BED $681+
    2 BEDS $626+
  • a new apartment building on the corner of a street
    Today

    18 S. Parker Ave., Indianapolis, IN 46201
    1 BED $751
    2 BEDS $640
  • a living room with a couch and a coffee table
    Today

    6764 Lambert Street, Indianapolis, IN 46241
    Income Restricted
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
  • a new apartment building on the corner of a street
    Today

    5620 East 30Th Street, Indianapolis, IN 46218
    1 BED $650
    2 BEDS $775
  • the living room of an apartment with a couch and a table
    Today

    5350 E. 21St St.,, Indianapolis, IN 46218
    1 BED $683+
    2 BEDS $685+
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  • a living room and dining room with a table and chairs and an open floor plan
    Today

    6046 E 21St Street, Suite 1B Management Office, Indianapolis, IN 46219
    1 BED $686+
    2 BEDS $689+
  • a living room with a couch and a coffee table
    Today

    3417 N Rybolt Ave, Indianapolis, IN 46222
    STUDIO $689+
    1 BED $835+
    2 BEDS $1,068+
  • a living room with a blue couch and a futon
    Today

    2148 Augusta Drive East, Indianapolis, IN 46224
    1 BED $697
    2 BEDS $958+
  • a living room with a couch and a coffee table
    Today

    7007 Courthouse Dr, Indianapolis, IN 46226
    STUDIO $697+
    1 BED $834+
    2 BEDS $908+

Apartments Under $800

  • the living room and dining room of an apartment with a table and chairs
    Today

    3685 St. Thomas Blvd, Indianapolis, IN 46214
    1 BED $700+
    2 BEDS $1,175+
  • a living room filled with furniture and a large window
    Today

    3001 Bavarian West Drive, Indianapolis, IN 46235
    STUDIO $709+
    1 BED $781+
    2 BEDS $1,068+
  • an empty kitchen with white appliances and wooden cabinets
    Today

    7110 Township Line Road, Indianapolis, IN 46260
    Income Restricted
    1 BED $721
    2 BEDS $1,041
    3 BEDS Ask for Pricing
  • a kitchen with a stove and a refrigerator
    Today

    4417 Linwood Ct, Indianapolis, IN 46201
    1 BED $728+
    2 BEDS $865+
  • a living room with a couch and a table and a pool table
    Today

    1430 & 1420 Madison Ave., Indianapolis, IN 46225
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
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  • a small kitchen with a stove and a sink
    Today

    6046 E 21St Street, Suite 1B Management Office, Indianapolis, IN 46219
    1 BED Ask for Pricing
    2 BEDS $730+
  • a living room with a couch and a coffee table
    Today

    2455 Rolls Drive, Indianapolis, IN 46268
    1 BED $732+
    2 BEDS $956+
  • a living room with blue couches and a fireplace
    Today

    951 Carlyle Lane, Indianapolis, IN 46240
    1 BED $732+
    2 BEDS $956+
  • a living room with a couch and a table
    Today

    4959 Oakhurst Drive, Indianapolis, IN 46254
    STUDIO $745
    1 BED $850+
    2 BEDS Ask for Pricing
  • a living room with a couch and a table
    Today

    10705 US Hwy 136, Indianapolis, IN 46234
    STUDIO $749
    1 BED $949
    2 BEDS Ask for Pricing
  • a living room with white couches and a television
    Today

    7601 Carlton Arms Dr, Indianapolis, IN 46256
    STUDIO $750
    1 BED $849
    2 BEDS $1,125+
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  • a bedroom with a bed and a chair and a window
    Today

    3034 N. Webster Ave.,, Indianapolis, IN 46226
    1 BED $752+
    2 BEDS $834+
  • a living room with a television and a chair
    Today

    3402 Marabou Mills Dr., Indianapolis, IN 46214
    STUDIO $755+
    1 BED $970
    2 BEDS Ask for Pricing
  • a kitchen with white appliances and wooden cabinets
    Today

    4555 N Arlington Ave, Indianapolis, IN 46226
    1 BED $765+
    2 BEDS $884+
    3 BEDS Ask for Pricing
  • a gym with cardio machines and other exercise equipment at the village at vermilion
    Today

    6430 Maidstone Road, Indianapolis, IN 46254
    STUDIO $769+
    1 BED $787+
    2 BEDS $964+
  • a large brick building with a flag in front of it
    Today

    23 North Rural Street, Indianapolis, IN 46201
    STUDIO $771
    1 BED $795
    2 BEDS $880
  • a living room with a couch and a table
    Today

    7980 Dunston Drive, Indianapolis, IN 46239
    STUDIO $779+
    1 BED $929+
    2 BEDS Ask for Pricing
  • Interactive banner bedroom
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    looking for?
  • a living room with a couch and a coffee table
    Today

    6000 Westlake Drive, Indianapolis, IN 46224
    STUDIO $780+
    1 BED $910+
    2 BEDS $1,140+
  • a kitchen with white appliances and wooden cabinets
    Today

    3215 N Alton Ave, Indianapolis, IN 46222
    1 BED $781+
    2 BEDS $1,040+
    3 BEDS $1,386+

Apartments Under $900

  • a living room with a table and chairs
    Today

    4259 Burkhart Drive, Indianapolis, IN 46227
    1 BED $810
    2 BEDS $1,025+
    3 BEDS Ask for Pricing
  • a living room with a couch and a table
    Today

    5018 Lemans Dr, Indianapolis, IN 46205
    Income Restricted
    STUDIO Ask for Pricing
    1 BED $810+
    2 BEDS $921+
  • a living room with a couch and a table
    Today

    3714 Bartlett Ave, Indianapolis, IN 46227
    STUDIO Ask for Pricing
    1 BED $817
    2 BEDS Ask for Pricing
  • a living room with a couch and a coffee table
    Today

    10101 E Montery Rd, Indianapolis, IN 46235
    STUDIO Ask for Pricing
    1 BED $822+
    2 BEDS $1,275+
  • a living room with a couch and a table
    Today

    2760 Cherry Glen Way, Indianapolis, IN 46227
    STUDIO $824
    1 BED $959+
    2 BEDS Ask for Pricing
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  • a living room with a couch and a table
    Today

    4958 Dawn Drive, Indianapolis, IN 46268
    STUDIO Ask for Pricing
    1 BED $829+
    2 BEDS $1,104+
  • a living room with couches and chairs and a table
    Today

    240 N. Warman Ave., Indianapolis, IN 46222
    1 BED $850
    2 BEDS $1,050
    3 BEDS $1,200
  • a kitchen with wooden floors and a white stove
    Today

    1001-1015 North Delaware Street, Indianapolis, IN 46202
    1 BED $850+
    2 BEDS $1,050
  • a living room with leather furniture and a table
    Today

    1366 N Arlington Ave, Indianapolis, IN 46219
    2 BEDS $850+
  • a living room with a couch and a table
    Today

    3120 Nobscot Drive, Indianapolis, IN 46222
    1 BED $850+
    2 BEDS $1,025+
    3 BEDS $1,325
  • a living room with a couch and a table
    Today

    5505 Scarlet Drive, Indianapolis, IN 46224
    STUDIO $869+
    1 BED $870+
    2 BEDS $1,456+
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  • a living room with a couch and a table
    Today

    9000 N. College Ave, Indianapolis, IN 46240
    STUDIO $875
    1 BED $995
    2 BEDS $1,115
  • a white kitchen with stainless steel appliances and white cabinets
    Today

    6035 Williamsburg Ct, Indianapolis, IN 46226
    1 BED $875
    2 BEDS $1,035
  • a living room with two couches and a coffee table
    Today

    4656 Edwardian Circle, Indianapolis, IN 46254
    1 BED $875+
    2 BEDS $1,275
    3 BEDS $1,650+
  • a living room with a couch and a table
    Today

    5549 Rosewood Commons Dr., Indianapolis, IN 46254
    STUDIO Ask for Pricing
    1 BED $879+
    2 BEDS $1,199
  • a living room with couches and a coffee table
    Today

    2755 Merlin Lake Dr, Indianapolis, IN 46229
    1 BED $892+
    2 BEDS $1,128+
    3 BEDS Ask for Pricing
  • a living room with a couch and two chairs and a table
    Today

    6630 Glenbrook Drive, Indianapolis, IN 46220
    1 BED $899+
    2 BEDS $947+
    3 BEDS $1,149+
  • Interactive banner bedroom
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    looking for?

Apartments Under $1,000

  • our apartments have a large swimming pool in front of our building
    Today

    7503 Ivywood Circle, Indianapolis, IN 46250
    1 BED Ask for Pricing
    2 BEDS $1,058+
    3 BEDS Ask for Pricing
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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 $534 and $4,430.

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

There are 3078 cheap rentals available on RentCafe. Prices and availability in Indianapolis, IN were last updated on 22 Feb 2026.

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

The average Indianapolis, IN cheap apartment size is 716 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 897 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 $1,252 per month so any rental south of $1,002 would be considered cheap here. On RentCafe, Indianapolis, IN rents go as low as $534/mo.

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