
Cheap Apartments for Rent in the Bos Neighborhood of Indianapolis, IN from $400 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Bos area of Indianapolis.


Lockefield Gardens

River West Flats
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

1058 N Traub Ave

37 West St Clair Street
Bos - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
Bos, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Bos?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Bos Studio Apartments | $1,315 | $640 | $1,635 |
Bos 1 Bedroom Apartments | $1,389 | $875 | $2,580 |
Bos 2 Bedroom Apartments | $1,771 | $700 | $3,329 |
Bos 3 Bedroom Apartments | $2,202 | $1,694 | $3,199 |
Bos 4 Bedroom Apartments | $1,330 | $700 | $2,800 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 1 mile radius of the Bos Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Bos, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Bos Apartments for Rent
 The cheapest available apartment rental in the Bos area of Indianapolis, IN is a Studio unit found at Illinois Street Senior Apartments priced from $462. Lockefield Gardens has the second lowest priced unit, which is a 1 Bed apartment currently listed from $989. Here are the most affordable Bos apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Illinois Street Senior Apartments | Studio 3 30% | Studio,1BA | $462 |
Lockefield Gardens | Standard One Bedroom (SR4) | 1BR,1BA | $989 |
River West Flats | Studio | Studio,1BA | $999 |
Best Value Apartments for Rent in Bos, IN
As of April 21, 2025 the best value apartment in the Bos area is the $1.24 price per square foot 3 Bedroom 2 Bath Model at The Block in the in the Riley neighborhood starting from $2,199. The second greatest value Bos apartment is the Two Bedroom Two Bath (1,184 - 1,194 Square Feet) Model at Gardens of Canal Court starting at $1,543 with a $1.29 price per square foot in the Near North Indianapolis neighborhood. Here is today’s list of the best values for Bos apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Block | 3 Bedroom 2 Bath | 3BR,2BA | $1.24 |
Gardens of Canal Court | Two Bedroom Two Bath (1,184 - 1,194 Square Feet) | 2BR,2BA | $1.29 |
Cosmopolitan on the Canal | Singapore | 2BR,2BA | $1.93 |
Stadium Lofts & Flats | Type 5 | 1BR,1BA | $1.80 |
Indiana Flats and Townhomes | 2 x 1 Townhome | 2BR,1BA | $1.63 |
Riverview | Fawn | 1BR,1BA | $2.01 |
Temple Lofts | Flats - 2.1 | 2BR,1BA | $1.74 |
800 Capitol | Imprint - Market | 1BR,1BA | $2.07 |
Lockefield Gardens | Standard One Bedroom (S1) | 1BR,1BA | $1.85 |
Illinois Street Senior Apartments | Studio 1 40% | Studio ,1BA | $1.59 |
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.
Pet Friendly LifestyleBos, Indianapolis, IN
Ranked #28
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, areas, and rental properties across Indiana, including Indianapolis. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and proximity to parks, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Bos Apartments
What is a cheap apartment in Bos?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Bos is under $1,195.
What is the price of a cheap apartment in Bos?
The cheapest apartment in Bos is Lockefield Gardens which is listed at $989, while the average apartment in Bos costs $2,019.
What types of apartments are the cheapest in Bos?
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 43 regular apartments in Bos 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 Bos?
Cheap apartments in Bos have an average cost of $505 which is $1,514 cheaper than the average rent for all rentals in Bos.
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.

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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.