Cheap Apartments for Rent in the St Joseph Neighborhood of Indianapolis, IN from $400 (92 Rentals)

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

St Joseph

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

St Joseph, Indianapolis, IN Local Guide

Cheapest Available St Joseph Apartments for Rent

 

The cheapest available apartment rental in the St Joseph 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 St Joseph apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Illinois Street Senior ApartmentsStudio 3 30%Studio,1BA$462
St. Agnes Apartments*Studio- LoftStudio,1BA$740
1733 N. Meridian1BR1BR,1BA$780
The Seminole1br1BR,1BA$833
Devonshire Apartments in Downtown Indianapolis1BR/1.0BA1BR,1BA$840
Priscilla on PennsylvaniaStudioStudio,1BA$875
Artistry IndyEdie (EcoSuite)Studio,1BA$878
Circle City ApartmentsWinterhouse Studio 389Studio,1BA$910
Line LoftsThe Inspiration 60% HOME2BR,1BA$962
Van DykeVan Dyke Studio 463Studio,1BA$970

Best Value Apartments for Rent in St Joseph, IN

As of April 12, 2025 the best value apartment in the St Joseph 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 St Joseph 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 St Joseph 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$1.29
Penn Street Tower ApartmentsSenate: Floors 10-122BR,1BA$1.37
707 NorthThe Lockerbie 60%2BR,2BA$1.31
Indy Colonial ApartmentsTwo Bedroom2BR,1BA$1.30
Line LoftsThe Inspiration 60%2BR,1BA$1.42
RaleighRaleigh 1BTH 8861BR,2BA$1.42
Maxwell ApartmentsDublin1BR,1.5BA$1.38
1733 N. Meridian1BR1BR,1BA$1.04
The Seminole1br1BR,1BA$1.13

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Pet Friendly Lifestyle
St Joseph, Indianapolis, IN

Ranked #6

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 our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including St Joseph, Indianapolis, and the greater Indianapolis area. 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 convenient access to the outdoors, pet-friendly features, apartment complexes for the kids, proximity to transit, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the St Joseph Neighborhood in Indianapolis, IN

Walk Score®

91 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

95 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

57 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap St Joseph Apartments

What is the Cheapest Studio apartment in St Joseph?

Currently the most affordable Cheap Studio Apartment in St Joseph is at Illinois Street Senior Apartments listed at $462.

How much is rent for a Cheap One Bedroom St Joseph Apartment?

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

What is the lowest price for a Cheap Two Bedroom St Joseph Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in St Joseph is starting from $962 at Line Lofts.

What is the most affordable St Joseph Three Bedroom Apartment?

The best deal on a cheap St Joseph Three Bedroom Apartment rental is at The Assembly and starts from $2,150.

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.

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

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.

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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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.