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from $605Studio to 1 Bedroom Apartments Contact Us For Availability
Indy Flats
1304 N Delaware StIndianapolis, IN 46202
Cheap Apartments for Rent in the Ransom Place Neighborhood of Indianapolis, IN from $400 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in the Ransom Place area of Indianapolis.
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from $640Studio to 1 Bedroom Apartments Contact Us For Availability
Dunbar Court
1022 Dr Martin Luther King StIndianapolis, IN 46202
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from $740Studio Apartments Available Now
St. Agnes Apartments
1350 N Meridian StIndianapolis, IN 46202
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from $800Studio to 2 Bedroom Apartments Available May 2
The Washington
1401 N Pennsylvania StIndianapolis, IN 46202
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from $8401 Bedroom Apartments Available Now
Devonshire Apartments in Downtown Indianapolis
412 N Alabama StIndianapolis, IN 46204
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from $8451 to 2 Bedroom Apartments Available May 14
The Whitaker
1504 N Pennsylvania StIndianapolis, IN 46202
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from $875Studio Apartments Available Now
Priscilla on Pennsylvania
1309 N Pennsylvania StIndianapolis, IN 46202
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from $910Studio to 2 Bedroom Apartments Available Now
Circle City Apartments
1321 N Meridian StIndianapolis, IN 46202
Ransom Place
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
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from $9501 to 2 Bedroom Apartments Available May 1
Christian Place Apartments
824 N Alabama StIndianapolis, IN 46204
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from $9891 to 2 Bedroom Apartments Available Now
Lockefield Gardens
737 Lockefield LnIndianapolis, IN 46202
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549 N Senate Ave
IndianapolisIN46204
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Rent Specials
from $1,041Studio to 3 Bedroom Apartments Available Now
Riley Towers
650 N Alabama StIndianapolis, IN 46204
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from $1,0502 Bedroom Apartments Contact Us For Availability
Drake Street Garden Homes
512-568 Drake StIndianapolis, IN 46202
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from $1,075Studio to 2 Bedroom Apartments Available Jun 15
Vanguard at 16 Tech
1410 Breedlove LnIndianapolis, IN 46202
239 E 9th St
IndianapolisIN46204
126 E Vermont St
IndianapolisIN46204
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from $1,117Studio to 2 Bedroom Apartments Available Now
Canal Square
359 N West StIndianapolis, IN 46202
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from $1,1171 to 2 Bedroom Apartments Available Soon
Stadium Lofts & Flats
1501 W 16th StIndianapolis, IN 46202
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from $1,1491 to 4 Bedroom Apartments Available Now
Ralston Apartments
1201 Indiana AveIndianapolis, IN 46202
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from $1,1851 Bedroom Apartments Available Apr 30
Apollo & Aurora Apartments
1101 N Alabama StIndianapolis, IN 46202
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from $1,1951 to 2 Bedroom Apartments Available Now
Temple Lofts
1225 Dr Martin Luther King Jr StIndianapolis, IN 46202
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from $1,2001 to 3 Bedroom Apartments Available Now
946 MLK
946 Dr Martin Luther King Jr StIndianapolis, IN 46202
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from $1,2001 to 2 Bedroom Apartments Available Now
Indy Colonial Apartments
402-406 N Delaware StIndianapolis, IN 46204
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Studio to 2 Bedroom Apartments
The Congress at Library Square
923 N Meridian StIndianapolis, IN 46204
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Studio to 4 Bedroom Apartments
632 MLK Apartments
632 Dr Martin Luther King Jr StIndianapolis, IN 46202
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Studio to 1 Bedroom Apartments
Illinois Street Senior Apartments
1352 N Illinois StIndianapolis, IN 46202
Ransom Place, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Ransom Place?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ransom Place Studio Apartments | $1,206 | $605 | $3,644 |
| Ransom Place 1 Bedroom Apartments | $1,471 | $780 | $3,646 |
| Ransom Place 2 Bedroom Apartments | $2,217 | $1,035 | $8,415 |
| Ransom Place 3 Bedroom Apartments | $2,446 | $1,662 | $6,461 |
| Ransom Place 4 Bedroom Apartments | $1,275 | $989 | $2,420 |
Browse Apartments in this Neighborhood
There are currently 51 rentals with your search options within a 1 mile radius of the Ransom Place Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Ransom Place, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $462. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Illinois Street Senior Apartments | Studio 3 30% | Studio,1BA | $462 |
| St. Agnes Apartments | *Studio- Loft | Studio,1BA | $740 |
| 1733 N. Meridian | 1BR | 1BR,1BA | $780 |
| The Seminole | 1br | 1BR,1BA | $833 |
| Devonshire Apartments in Downtown Indianapolis | 1BR/1.0BA | 1BR,1BA | $840 |
| Priscilla on Pennsylvania | Studio | Studio,1BA | $875 |
| Circle City Apartments | Winterhouse Studio 389 | Studio,1BA | $910 |
| Van Dyke | Van Dyke Studio 463 | Studio,1BA | $970 |
| Lockefield Gardens | Standard One Bedroom (S1) | 1BR,1BA | $991 |
| Senate Manor | 1.1 Ap | 1BR,1BA | $1,005 |
Best Value Apartments for Rent in Ransom Place, IN
As of April 15, 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 $1,543 with a $1.29 price per square foot in the Near North Indianapolis neighborhood. Here is today’s list of the best values for Ransom Place 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 |
| Penn Street Tower Apartments | Senate: Floors 10-12 | 2BR,1BA | $1.37 |
| Indy Colonial Apartments | Two Bedroom | 2BR,1BA | $1.30 |
| Raleigh | Raleigh 1BTH 886 | 1BR,2BA | $1.42 |
| 1733 N. Meridian | 1BR | 1BR,1BA | $1.04 |
| Indiana Flats and Townhomes | 2 x 1 | 2BR,1BA | $1.49 |
| The Seminole | 1br | 1BR,1BA | $1.13 |
| Temple Lofts | Flats - 2.1 | 2BR,1BA | $1.74 |
| Illinois Street Senior Apartments | Studio 1 40% | Studio ,1BA | $1.59 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleRansom Place, Indianapolis, IN
Ranked #10
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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
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 Cheap Ransom Place Apartments
What is a cheap apartment in Ransom Place?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Ransom Place is under $1,005.
What is the price of a cheap apartment in Ransom Place?
The cheapest apartment in Ransom Place is 1733 N. Meridian which is listed at $780, while the average apartment in Ransom Place costs $2,244.
What types of apartments are the cheapest in Ransom Place?
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 27 regular apartments in Ransom Place 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 Ransom Place?
Cheap apartments in Ransom Place have an average cost of $791 which is $1,453 cheaper than the average rent for all rentals in Ransom Place.
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.
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.
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.