
Cheap Apartments for Rent in the Ransom Place Neighborhood of Indianapolis, IN from $400 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in the Ransom Place area of Indianapolis.


Dunbar Court

St. Agnes Apartments

1733 N. Meridian

The Seminole

The Whitaker

Priscilla on Pennsylvania

Devonshire Apartments in Downtown Indianapolis

Circle City Apartments

Lockefield Gardens

The Washington

Drake Street Garden Homes

Wesley Place

Temple Lofts

Vanguard at 16 Tech

Riley Towers

Canal Square

Apollo & Aurora Apartments

Stadium Lofts & Flats

Canal Overlook Apartments

Ralston Apartments

9 on Canal

Penn Street Tower Apartments

Cosmopolitan on the Canal

The Continental Towers at Vermont Place

946 MLK

Illinois Street Senior Apartments

The Congress at Library Square
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 | $1,240 | $605 | $2,971 |
Ransom Place 1 Bedroom Apartments | $1,503 | $780 | $3,646 |
Ransom Place 2 Bedroom Apartments | $2,191 | $995 | $7,322 |
Ransom Place 3 Bedroom Apartments | $2,397 | $1,495 | $6,060 |
Ransom Place 4 Bedroom Apartments | $1,275 | $989 | $2,420 |
Browse Apartments in this Neighborhood
There are currently 52 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 $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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Illinois Street Senior Apartments | Studio 1 40% | Studio,1BA | $643 |
St. Agnes Apartments | *Studio- Loft | Studio,1BA | $740 |
1733 N. Meridian | 1BR | 1BR,1BA | $780 |
The Seminole | 1br | 1BR,1BA | $833 |
Priscilla on Pennsylvania | Studio | Studio,1BA | $875 |
Circle City Apartments | Winterhouse Studio 410 | Studio,1BA | $970 |
Lockefield Gardens | Standard One Bedroom (S1) | 1BR,1BA | $981 |
Senate Manor | 1.1 Ap | 1BR,1BA | $1,005 |
800 Capitol | Imprint 60% | 1BR,1BA | $1,005 |
Spink | Spink Studio 510 | Studio,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 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 | $1.28 |
The Continental Towers at Vermont Place | Turnverein 308 - Townhome | 2BR,1.5BA | $1.72 |
1733 N. Meridian | 1BR | 1BR,1BA | $1.04 |
The Seminole | 1br | 1BR,1BA | $1.13 |
Raleigh | Raleigh 1B 706 | 1BR,1BA | $1.63 |
Penn Street Tower Apartments | St. Clair | 1BR,1BA | $1.72 |
Temple Lofts | Flats - 2.1 | 2BR,1BA | $1.74 |
Van Dyke | Van Dyke 1B 632 | 1BR,1BA | $1.78 |
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 LifestyleRansom Place, Indianapolis, IN
Ranked #11
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 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.

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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.