
Top Rated Low Income Apartments for Rent in Indianapolis, IN (1 Rental)
Apartments in Indianapolis with the best features, newest construction, and richest amenities.

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
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 | $1,288 | $585 | $6,600 |
Indianapolis 1 Bedroom Apartments | $1,441 | $307 | $4,900 |
Indianapolis 2 Bedroom Apartments | $1,738 | $699 | $7,390 |
Indianapolis 3 Bedroom Apartments | $2,093 | $899 | $8,118 |
Indianapolis 4 Bedroom Apartments | $1,738 | $699 | $3,890 |
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Indianapolis, IN Local Guide
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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 Low Income Indianapolis Apartments
What is the Cheapest Low Income apartment in Indianapolis?
Currently the most affordable Low Income Apartment in Indianapolis is at Indy Flats listed at $605.
How much is the average rent for a Low Income Indianapolis Apartment?
The average rent for a Low Income Apartment in Indianapolis is $1,190.
What is the largest Low Income Indianapolis Apartment for rent?
Today's Low Income apartment with the most square footage in Indianapolis is a 1,600 square feet unit starting from $1,050 at Country Lake Estates.
What is the average size for Indianapolis Low Income Apartments for rent?
The average size for a Low Income rental in Indianapolis is currently at 613 sq ft.
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.

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.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.