Cheap Apartments for Rent in Indianapolis, IN from $300 with Washer/Dryer (438 Rentals) Page 8 of 9
Search the lowest-cost Apartments available for rent right now in Indianapolis.

Waterbury Apartments

Stafford Pointe

Courts of Valle Vista

Beech Tree Glen Apartments

Gladden Farms

LaCabreah Apartments

Yorktowne Farms Community

Washington Village Apartments

Auburn Place Apartments

Camby Crossing

Willow Glen South

Westminster Apartments and Townhomes

Flats at Switch

Copper Chase at Stones Crossing

Stonehedge Apartments

Sugar Creek Apartments

Ashmore Trace

Metropolitan Fishers

BroadAcre Apartments of McCordsville

Sanctuary at Fishers

Brownsburg Crossing

Sand Creek Woods

The Rail at 1380

The Brixton

Lantern Woods Apartments

Crown Plaza

Wellington Place

Devonshire Apartments

Grace Lane Apartments

Woodland Springs Apartment Homes

The Reserve at William's Glen

Bella Vista Apartments

Sunblest Apartments

Double Creek Flats Apartments

Union Green

Alexandria of Carmel Apartments

Lavina

Sunlake Apartments

Providence at Old Meridian

Prairie Lakes

Bayberry Place Apartments

Reveal on Cumberland Apartments

Regency Preserve

Woods of Britton
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 | $1,185 | $595 | $5,274 |
| Indianapolis 1 Bedroom Apartments | $1,372 | $649 | $4,431 |
| Indianapolis 2 Bedroom Apartments | $1,641 | $563 | $9,213 |
| Indianapolis 3 Bedroom Apartments | $2,031 | $925 | $10,000+ |
| Indianapolis 4 Bedroom Apartments | $1,571 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $15,313 | $10,000 | $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.
Indianapolis, IN Area Reviews
Wendy • 3+ years in Indianapolis
August 10, 2025One of Indiana's most beautiful cities!
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 The Stratford listed at $620.
How much is rent for a Cheap One Bedroom Indianapolis Apartment?
The lowest price for a Cheap One Bedroom Indianapolis Apartment is $649 at Volrath.
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 $775 at One Somerset.
What is the most affordable Indianapolis Three Bedroom Apartment?
The best deal on a cheap Indianapolis Three Bedroom Apartment rental is at El Dorado Apartments and starts from $1,060.
Expert Rental Resources
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.
Articles, How-To's, and Tips

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 with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!





