
Cheap 1 Bedroom Apartments for Rent in Indianapolis, IN from $285 (553 Rentals)Page 5 of 12


Oak Lake at Crooked Creek

Benjamin Court

TGM Shadeland Station

The Life at Belhaven Place

Avery Point Apartments

Harbour Pointe

Fallwood

Island Club Apartment Homes

Woodbridge Castleton

Enclave at Eagle Creek Apartments

Buckingham & Balmoral

Carriage House West

937-939 Church St

Hanna Village Apartments

Ninth Avenue Apartments

Wyckford Commons

The Villages of Bent Tree Apartments

239 E 9th St

126 E Vermont St

Waterfront Pointe

Overlook at Valley Ridge Apartments

Summerwood on Towne Line Apartments

Aspen Pointe Apartments

Aspen Lakes

Stadium Lofts & Flats

Canal Square

Avia Lofts at Founders Road

Slate Run Lofts and Apartments

Latitudes Apartments

Arborwood Apartments

Stone Ridge Flats and Townhomes

River West Flats

Keeneland Crest Apartments

South Haven Village Apartments

Woods of Castleton

Mann Village Apartments

Aberdeen Apartments at Heartland Crossing

Martinique Terrace

Solana Apartments

The Elliott at College Park Apartment Homes

Estates of Creekside Apartments

Lakeside Crossing at Eagle Creek Apartments and Townhomes

Wesmont

The Manning Apartment Homes

Eagle Creek Apartments

Maxwell Apartments
Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Indianapolis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Indianapolis Studio Apartments | $1,244 | $585 | $6,201 |
Indianapolis 1 Bedroom Apartments | $1,422 | $285 | $4,072 |
Indianapolis 2 Bedroom Apartments | $1,720 | $700 | $7,871 |
Indianapolis 3 Bedroom Apartments | $2,018 | $899 | $8,137 |
Indianapolis 4 Bedroom Apartments | $2,045 | $700 | $5,850 |
Indianapolis 5 Bedroom Apartments | $5,926 | $2,450 | $10,000+ |
Explore Indianapolis
Getting Around Indianapolis, IN
Walk Score®
50 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
53 / 100
Bikeable
Some bike infrastructure
Transit Score®
29 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Indianapolis Apartments
What is a cheap apartment in Indianapolis?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Indianapolis is under $700.
What is the price of a cheap apartment in Indianapolis?
The cheapest apartment in Indianapolis is East Village at Avondale Meadows Apartments which is listed at $635, while the average apartment in Indianapolis costs $2,554.
What types of apartments are the cheapest in Indianapolis?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2,306 regular apartments in Indianapolis that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Indianapolis?
Cheap apartments in Indianapolis have an average cost of $321 which is $2,233 cheaper than the average rent for all rentals in Indianapolis.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
Written by: Wendy Melton
Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.