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from $830Built in 20151 to 2 Bedroom Apartments Available Now
Madison Lofts
1430 Madison AveIndianapolis, IN 46225
Cheap New Apartments for Rent in Indianapolis, IN from $300 (60 Rentals)
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from $970Built in 2018Studio to 2 Bedroom Apartments Available Now
River House
6311 E Westfield BlvdIndianapolis, IN 46220
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from $999Built in 2018Studio to 2 Bedroom Apartments Available Now
River West Flats
1150 N White River Pkwy West DrIndianapolis, IN 46222
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from $1,025Built in 2021Studio to 2 Bedroom Apartments Available Now
Alpine Studios
5818 Flight School DrIndianapolis, IN 46221
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from $1,091Built in 2020Studio to 2 Bedroom Apartments Available Now
Riverview
460 N White River Pkwy West DrIndianapolis, IN 46222
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from $1,152Built in 20151 to 3 Bedroom Apartments Available Now
Southern Dunes
7247 Vista CirIndianapolis, IN 46217
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from $1,159Built in 20251 to 3 Bedroom Apartments Available Now
Bishop Pond Residences Apartments
6214 Long Channel LnIndianapolis, IN 46268
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from $1,195Built in 20231 to 2 Bedroom Apartments Available Now
Alder Woods LLC
6806 E County Line RdIndianapolis, IN 46237
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from $1,199Built in 2025Studio to 2 Bedroom Apartments Available Now
2801 S Pennsylvania St
2801 S Pennsylvania StIndianapolis, IN 46225
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from $1,199Built in 20161 to 2 Bedroom Apartments Available Now
Penn Street Tower Apartments
115 N Pennsylvania StIndianapolis, IN 46204
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from $1,200Built in 20171 to 2 Bedroom Apartments Available Now
2131 North
2131 N Meridian StIndianapolis, IN 46202
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from $1,210Built in 2024Studio to 2 Bedroom Apartments Available Now
Rise on Meridian
915 S Meridian StIndianapolis, IN 46225
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from $1,214Built in 2023Studio to 2 Bedroom Apartments Available Now
Wesley Place
75 W 18th StIndianapolis, IN 46202
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from $1,218Built in 20181 Bedroom Apartments Available Now
Roberts School Flats
1401 E 10th StIndianapolis, IN 46201
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from $1,225Built in 2016Studio to 2 Bedroom Apartments Available Now
Lockerbie Lofts
640 E Michigan StIndianapolis, IN 46202
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from $1,250Built in 20201 to 3 Bedroom Apartments Available Now
The Assembly
1301 E Washington StIndianapolis, IN 46202
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from $1,250Built in 20171 to 3 Bedroom Apartments Contact Us For Availability
946 MLK
946 Dr Martin Luther King Jr StIndianapolis, IN 46202
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from $1,250Built in 2025Studio to 2 Bedroom Apartments Available Feb 24
Domino at Monon 30
3200 Dr. Andrew J. Brown AveIndianapolis, IN 46205
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from $1,289Built in 2024Studio to 3 Bedroom Apartments Available Now
The Grounds
2136 Central AveIndianapolis, IN 46202
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from $1,290Built in 2017Studio to 1 Bedroom Apartments Available Now
Forte Apartments
1140 Shelby StIndianapolis, IN 46203
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from $1,299Built in 2020Studio to 2 Bedroom Apartments Available Now
Notch at Nora
8502 Westfield BlvdIndianapolis, IN 46240
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from $1,299Built in 2017Studio to 1 Bedroom Apartments Available Now
The Coil
6349 N College AveIndianapolis, IN 46220
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from $1,299Built in 20221 to 2 Bedroom Apartments Available Now
Bluff Crossing Apartments
3506 Bluff RdIndianapolis, IN 46217
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from $1,299Built in 2021Studio to 2 Bedroom Apartments Available Now
Wesmont
1515 Lewis StIndianapolis, IN 46202
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from $1,049Built in 2023Studio to 2 Bedroom Apartments Available Now
Gathyr Apartments
1117 E Market StIndianapolis, IN 46202
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from $525Built in 20221 to 2 Bedroom Apartments
Parkside At Tarkington
3901 N Meridian StIndianapolis, IN 46208
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from $650Built in 20181 to 2 Bedroom Apartments
Sunstone at Arlington Woods
5620 E 30th StIndianapolis, IN 46218
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from $700Built in 20171 to 2 Bedroom Apartments
Overlook at the Fairgrounds
1720 E 38th StIndianapolis, IN 46218
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from $850Built in 20221 to 3 Bedroom Apartments Available Now
Proctor Place
240 N Warman AveIndianapolis, IN 46222
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from $934Built in 2019Studio to 2 Bedroom Apartments
Slate Run Lofts
9555 International DrIndianapolis, IN 46268
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from $939Built in 20221 to 2 Bedroom Apartments
The Reserve at White River
2774 Pixel RdIndianapolis, IN 46222
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from $1,030Built in 2017Studio to 2 Bedroom Apartments Available Now
The Congress at Library Square
923 N Meridian StIndianapolis, IN 46204
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from $1,068Built in 2020Studio to 2 Bedroom Apartments
Grid
520 E Washington StIndianapolis, IN 46204
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from $1,083Built in 20151 to 2 Bedroom Apartments
The Retreat On Washington
2950 Kirkbride WayIndianapolis, IN 46222
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from $1,160Built in 2019Studio to 3 Bedroom Apartments Available Now
The Whit Apartments
307 N Pennsylvania StIndianapolis, IN 46204
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from $1,176Built in 2016Studio to 4 Bedroom Apartments
632 MLK Apartments
632 Dr Martin Luther King Jr StIndianapolis, IN 46202
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from $1,062Built in 20161 Bedroom Apartments Available Now
Illinois Street Senior Apartments
1352 N Illinois StIndianapolis, IN 46202
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from $1,019Built in 20171 to 2 Bedroom Apartments Available Now
Florence Fay School Senior Apartments
2815 English AveIndianapolis, IN 46201
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from $965Built in 20151 to 3 Bedroom Apartments Available Now
LaCabreah Apartments
7130 LaCabreah DrBrownsburg, IN 46112
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from $1,068Built in 20151 to 3 Bedroom Apartments Available Now
The Seasons of Carmel
9815 Seasons West DrCarmel, IN 46280
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from $1,077Built in 20151 to 3 Bedroom Apartments Available Now
Residences on Ronald Reagan
10531 Kings Row DrAvon, IN 46123
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from $1,122Built in 2020Studio to 3 Bedroom Apartments Available Now
The Fishers District
11547 Yard StFishers, IN 46037
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from $1,219Built in 2023Studio to 2 Bedroom Apartments Available Now
The Madison at Greenwood
523 S Madison AveGreenwood, IN 46142
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from $1,251Built in 20171 to 3 Bedroom Apartments Available Now
Regency Preserve
1971 Carlton BlvdAvon, IN 46123
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from $1,255Built in 2021Studio to 2 Bedroom Apartments Available Now
Nickel Plate Station
11671 Maple StFishers, IN 46038
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from $1,259Built in 20241 to 3 Bedroom Apartments Available Now
The Village at Sandstone Apartments
1039 N Paz DrGreenwood, IN 46142
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from $1,288Built in 20161 to 3 Bedroom Apartments Available Now
Double Creek Flats Apartments
335 Double Creek DrPlainfield, IN 46168
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from $1,293Built in 20231 to 3 Bedroom Apartments Available Now
The Hangar on Emerson Apartments
1140 E Emerson Pointe DrGreenwood, IN 46143
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from $1,294Built in 20161 to 2 Bedroom Apartments Available Now
Flats at Switch
9 Municipal DrFishers, IN 46038
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 | $1,242 | $585 | $6,600 |
| Indianapolis 1 Bedroom Apartments | $1,379 | $307 | $4,900 |
| Indianapolis 2 Bedroom Apartments | $1,660 | $750 | $6,606 |
| Indianapolis 3 Bedroom Apartments | $2,011 | $1,000 | $6,972 |
| Indianapolis 4 Bedroom Apartments | $1,629 | $609 | $3,890 |
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Indianapolis, IN Local Guide
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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 the Cheapest Studio apartment in Indianapolis?
Currently the most affordable Cheap Studio Apartment in Indianapolis is at Autumn Trails Apartments listed at $699.
How much is rent for a Cheap One Bedroom Indianapolis Apartment?
The lowest price for a Cheap One Bedroom Indianapolis Apartment is $698 at Prairies Apartments.
What is the lowest price for a Cheap Two Bedroom Indianapolis Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Indianapolis is starting from $465 at Harpers Crossing.
What is the most affordable Indianapolis Three Bedroom Apartment?
The best deal on a cheap Indianapolis Three Bedroom Apartment rental is at East Village at Avondale Meadows Apartments and starts from $869.
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.
Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
Real Estate Term Glossary: Your Guide to The A to Zs of Renting
Written by: Kevin Ready
Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.
Navigating the World of Low-Income Housing: A Comprehensive Guide
Written by: Kevin Ready
Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.