Cheap Apartments for Rent in the Ransom Place Neighborhood of Indianapolis, IN from $400 (52 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Ransom Place area of Indianapolis.

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Rotherwood
Studio to 2 Bedroom Apartments

Rotherwood

1503 N Pennsylvania StIndianapolis, IN 46202
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Barbee
1 Bedroom Apartments

Barbee

1215 N Pennsylvania StIndianapolis, IN 46202
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The Jordan
Studio to 1 Bedroom Apartments

The Jordan

1445 N Delaware StIndianapolis, IN 46202
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Windsor
Studio to 1 Bedroom Apartments

Windsor

1235 N Delaware StIndianapolis, IN 46202
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Victoria Apartments
Studio Apartments

Victoria Apartments

1244 N Illinois StIndianapolis, IN 46202
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The Harrison
Studio to 1 Bedroom Apartments

The Harrison

1320 N Delaware StIndianapolis, IN 46202
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Canal Gardens
1 Bedroom Apartments

Canal Gardens

1249 Dr Martin Luther King Jr StIndianapolis, IN 46202
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PICCADILLY
Studio to 1 Bedroom Apartments

PICCADILLY

28 E 16th StIndianapolis, IN 46202
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The Marleigh
Studio to 1 Bedroom Apartments

The Marleigh

1434-1448 N Delaware StIndianapolis, IN 46202
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Capitol Manor
1 Bedroom Apartments

Capitol Manor

842 N Capitol AveIndianapolis, IN 46204
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Madison Apartments
1 Bedroom Apartments

Madison Apartments

226 E 12th StIndianapolis, IN 46202
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Campus Townhomes
2 Bedroom Apartments

Campus Townhomes

531 Ransom StIndianapolis, IN 46202
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Stonegate Apartments
Studio to 3 Bedroom Apartments

Stonegate Apartments

1220-1226 N Illinois StIndianapolis, IN 46202
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PENN ARTS
1 to 2 Bedroom Apartments

PENN ARTS

111 E 16th StIndianapolis, IN 46202
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800 Capitol
1 to 2 Bedroom Apartments

800 Capitol

800 N Capitol AveIndianapolis, IN 46204
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Spink
Studio to 1 Bedroom Apartments

Spink

1433 N Pennsylvania StIndianapolis, IN 46202
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Raleigh
1 to 2 Bedroom Apartments

Raleigh

108 E 13th StIndianapolis, IN 46202
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Van Dyke
1 to 2 Bedroom Apartments

Van Dyke

1229 N Pennsylvania StIndianapolis, IN 46202
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Blacherne Apartments
1 to 2 Bedroom Apartments

Blacherne Apartments

402 N Meridian StIndianapolis, IN 46204
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Ransom Place, Indianapolis, IN Local Guide

Cheapest Available Ransom Place Apartments for Rent

 

The cheapest available apartment rental in the Ransom Place area of Indianapolis, IN is a Studio unit found at Illinois Street Senior Apartments priced from $643. St. Agnes Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $740. Here are the most affordable Ransom Place apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Illinois Street Senior ApartmentsStudio 1 40%Studio,1BA$643
St. Agnes Apartments*Studio- LoftStudio,1BA$740
1733 N. Meridian1BR1BR,1BA$780
The Seminole1br1BR,1BA$833
Priscilla on PennsylvaniaStudioStudio,1BA$875
Circle City ApartmentsWinterhouse Studio 410Studio,1BA$970
Lockefield GardensStandard One Bedroom (S1) 1BR,1BA$981
Senate Manor1.1 Ap1BR,1BA$1,005
800 CapitolImprint 60%1BR,1BA$1,005
SpinkSpink Studio 510Studio,1BA$1,030

Best Value Apartments for Rent in Ransom Place, IN

As of March 16, 2025 the best value apartment in the Ransom Place 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 Ransom Place apartment is the Two Bedroom Two Bath (1,184 - 1,194 Square Feet) Model at Gardens of Canal Court starting at $1,533 with a $1.28 price per square foot in the Near North Indianapolis neighborhood. Here is today’s list of the best values for Ransom Place apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Block3 Bedroom 2 Bath3BR,2BA$1.24
Gardens of Canal CourtTwo Bedroom Two Bath (1,184 - 1,194 Square Feet)2BR,2BA$1.28
The Continental Towers at Vermont PlaceTurnverein 308 - Townhome2BR,1.5BA$1.72
1733 N. Meridian1BR1BR,1BA$1.04
The Seminole1br1BR,1BA$1.13
RaleighRaleigh 1B 7061BR,1BA$1.63
Penn Street Tower ApartmentsSt. Clair1BR,1BA$1.72
Temple LoftsFlats - 2.12BR,1BA$1.74
Van DykeVan Dyke 1B 6321BR,1BA$1.78
Illinois Street Senior ApartmentsStudio 1 40%Studio ,1BA$1.59

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Pet Friendly Lifestyle
Ransom Place, Indianapolis, IN

Ranked #11

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals in cities and towns across the United States, including Indianapolis. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and easy access to the parks, pet-friendly features, apartment complexes for the kids, proximity to transit, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.

Getting Around the Ransom Place Neighborhood in Indianapolis, IN

Walk Score®

82 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

96 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

52 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Ransom Place Apartments

What is the Cheapest Studio apartment in Ransom Place?

Currently the most affordable Cheap Studio Apartment in Ransom Place is at Illinois Street Senior Apartments listed at $643.

How much is rent for a Cheap One Bedroom Ransom Place Apartment?

The lowest price for a Cheap One Bedroom Ransom Place Apartment is $780 at 1733 N. Meridian.

What is the lowest price for a Cheap Two Bedroom Ransom Place Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Ransom Place is starting from $1,195 at Temple Lofts.

What is the most affordable Ransom Place Three Bedroom Apartment?

The best deal on a cheap Ransom Place Three Bedroom Apartment rental is at Ralston Apartments and starts from $1,854.

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.

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

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