
Cheap Apartments for Rent in Indianapolis, IN from $300 with Utilities Included (211 Rentals)
Apartments in Indianapolis where your utility payments are included in your rent.
Search the lowest-cost Apartments available for rent right now in Indianapolis.


Indy Flats

Riverside Apartments

Indy Town Apartments

Prairies Apartments

Cambridge Commons

Cedars Apartments

St. Agnes Apartments
Who Pays for Utilities? Landlord or Tenant?
Your Guide to Understanding Who is Responsible for Which Utilities for When Renting. Click Below to Read More

Scarborough Lake Apartments

Apartments @ Marten Court

Ashgrove Apartments

5700 Madison Apartments & Edgewood on Madison

One Somerset Apartments

Abbey Apartments - Affordable Senior Housing

Courts Apartments

Carlton Apartments

Meadows Apartments
Check Out Indianapolis’s Best Affordable Neighborhoods
Learn about Indianapolis and the best places to live with original content written by our Local Expert Wendy Melton

Capital Place

The Pines at SoBro

Broad Ripple Trails

Devonshire Apartments in Downtown Indianapolis

Wellington Square Apartments

King's Reserve College Park - 55+ Senior

The Whitaker

Traymore Apartments

River Road Apartments

Willow Glen East

Bristol Square

Lincolnshire Broad Ripple

Brockton Apartments & Townhomes

Vineyards Apartments

Park View at Beech Grove

Jade North Apartments

Utomin Apartments

Hills Apartments

Landmark

The Towers at Crooked Creek Senior Housing

Freeman Apartments LLC

Sherman Village

Parkhaven Apartments

Welcome to Dawson Village – Welcome Home!

Willow Brook

Estates at Crystal Bay

Waterford Place Apartments

Home Place Senior Living
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 | $1,250 | $585 | $5,734 |
Indianapolis 1 Bedroom Apartments | $1,424 | $597 | $3,646 |
Indianapolis 2 Bedroom Apartments | $1,722 | $750 | $7,871 |
Indianapolis 3 Bedroom Apartments | $2,054 | $899 | $8,137 |
Indianapolis 4 Bedroom Apartments | $1,732 | $699 | $4,710 |
Indianapolis 5 Bedroom Apartments | $11,540 | $1,830 | $10,000+ |
Explore Indianapolis
Indianapolis, IN Local Guide
- Indianapolis Neighborhoods
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Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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 Illinois Street Senior Apartments listed at $462.
How much is rent for a Cheap One Bedroom Indianapolis Apartment?
The lowest price for a Cheap One Bedroom Indianapolis Apartment is $285 at 1531 N Downey Ave.
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.

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.