4 E Washington St
IndianapolisIN46204
Cheap Homes for Rent in Canal Walk Neighborhood of Indianapolis, IN from $600 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Canal Walk area of Indianapolis.
37 West St Clair Street
IndianapolisIN46204
234 E 9th St
IndianapolisIN46204
1408 Broadway St
IndianapolisIN46202
312 E 13th St
IndianapolisIN46202
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.
501 Madison Ave
IndianapolisIN46225
1335 Central Ave
IndianapolisIN46202
335 W 9th St
IndianapolisIN46202
335 W 9th St
IndianapolisIN46202
335 W 9th St
IndianapolisIN46202
Canal Walk - 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!
335 W 9th St
IndianapolisIN46202
Showing Results 1-11, Page 1 of 1
Canal Walk, Indianapolis, IN Local Guide
How much does it cost to rent a home in Canal Walk?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Canal Walk 2 Bedroom Homes for Rent | $2,718 | $2,250 | $4,200 |
| Canal Walk 3 Bedroom Homes for Rent | $3,050 | $1,850 | $6,200 |
Browse Homes for Rent in this Neighborhood
There are currently 11 rentals with your search options within a 1 mile radius of the Canal Walk Neighborhood of Indianapolis, IN.
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Canal Walk, Indianapolis, IN Local Guide
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Cheapest Available Canal Walk Apartments for Rent
The cheapest available apartment rental in the Canal Walk area of Indianapolis, IN is a 1 Bed unit found at Kennedy Apartments priced from $559. The Seminole has the second lowest priced unit, which is a 1 Bed apartment currently listed from $833. Here are the most affordable Canal Walk apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Kennedy Apartments | 1 Bed 1 Bath | 1BR,1BA | $559 |
| The Seminole | 1br | 1BR,1BA | $833 |
| Priscilla on Pennsylvania | Studio | Studio,1BA | $875 |
| Dunbar Court | 1 bedroom | 1BR,1BA | $875 |
| Circle City Apartments | Winterhouse Studio 389 | Studio,1BA | $910 |
Best Value Apartments for Rent in Canal Walk, IN
As of April 28, 2025 the best value apartment in the Canal Walk 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 Canal Walk apartment is the Park Avenue Model at The Pointe on Mass starting at $2,470 with a $1.63 price per square foot in the Near North Indianapolis neighborhood. Here is today’s list of the best values for Canal Walk 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 |
| The Pointe on Mass | Park Avenue | 2BR,2BA | $1.63 |
| Gardens of Canal Court | Two Bedroom Two Bath (1,184 - 1,194 Square Feet) | 2BR,2BA | $1.29 |
| Penn Street Tower Apartments | Senate: Floors 10-12 | 2BR,1BA | $1.37 |
| Raleigh | Raleigh 1BTH 886 | 1BR,2BA | $1.42 |
| Dunbar Court | 1 bedroom | 1BR,1BA | $1.14 |
| The Seminole | 1br | 1BR,1BA | $1.13 |
| Indiana Flats and Townhomes | 2 x 1 Townhome | 2BR,1BA | $1.63 |
| 1010 Central | Depot 60% | 1BR,1BA | $1.59 |
| Illinois Street Senior Apartments | 1BR 1A 60% | 1BR,1BA | $1.55 |
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Frequently Asked Questions about Canal Walk
What type of rentals are currently available in Canal Walk?
There are currently 155 Apartments for Rent in Canal Walk, IN with pricing that ranges from $559 to $9,991. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Canal Walk ranging from $695 to $6,200.
What is the current price range for Rental Homes in Canal Walk?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Canal Walk ranges from $695 to $6,200 with an average monthly rent of $2,380.
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.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
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.