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Special Offer
Specials Major Employer Discount- Application Fee and Admin Fee credit upon approval! $200.00 savings!.
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Ardmore Apartments
231 N Pennslvania StIndianapolis, IN 46204
Apartments for Rent with Specials in the The Canal Neighborhood of Indianapolis, IN (7 Rentals)
Rental Listings with Specials.
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Special Offer
1 Month Free Get Up to 1 Month Free! *Restrictions apply. Contact our team for full details.
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CityWay
229 S Delaware StIndianapolis, IN 46204
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Rent Specials
Special Offer
Discounts Move in by 5/15/25 & receive $500 off 1st month (regular lease terms only)
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Canal Square
359 N West StIndianapolis, IN 46202
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Specials One month Free when you sign a new 13+ month lease before 5/31 | Renewals: Renew and receive $100!
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Artistry Indy
451-475 E Market StIndianapolis, IN 46204
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.
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Specials Waived App & Admin Fees
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The Avenue
930 W 10th StIndianapolis, IN 46202
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Rent Specials
Special Offer
Discounts Race In For Savings. Apply, get approved, and move in before the Indianapolis 500 and receive $250 off your move-in cost.
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Kennedy Apartments
806 Dr Martin Luther King Jr StIndianapolis, IN 46202
The Canal - 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!
916 N California St
IndianapolisIN46202
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The Canal, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in The Canal?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| The Canal Studio Apartments | $1,510 | $640 | $3,650 |
| The Canal 1 Bedroom Apartments | $1,815 | $875 | $3,910 |
| The Canal 2 Bedroom Apartments | $2,430 | $1,049 | $9,508 |
| The Canal 3 Bedroom Apartments | $2,909 | $1,995 | $5,624 |
| The Canal 4 Bedroom Apartments | $989 | $989 | $989 |
Browse Apartments in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the The Canal Neighborhood of Indianapolis, IN.
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The Canal, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
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Top Indianapolis Apartments in the The Canal Area with Move-In Specials Ending Soon
Specials updated: 05-03-2025Take advantage of these move-in and rent specials that are ending soon for top The Canal, IN apartments. Act fast and don’t miss out on an incredible deal on your perfect new place!
CityWay
Get Up to 1 Month Free! *Restrictions apply. Contact our team for full details.Expires 05-03-2025
Canal Square
Move in by 5/15/25 & receive $500 off 1st month (regular lease terms only)Expires 05-03-2025
Artistry Indy
One month Free when you sign a new 13+ month lease before 5/31 | Renewals: Renew and receive $100!Expires 05-03-2025
Kennedy Apartments
Race In For Savings. Apply, get approved, and move in before the Indianapolis 500 and receive $250 off your move-in cost.Expires 05-31-2025
Ardmore Apartments
Major Employer Discount- Application Fee and Admin Fee credit upon approval! $200.00 savings!.Expires 05-31-2025
Newly Listed Move-In Specials offers for Apartments in The Canal, IN
Specials updated: 05-03-2025Here are the most recently added special offers for renters looking to find the best deals on apartments in The Canal, IN. Be sure to take advantage of some of the area’s top offers.
The Avenue
Waived App & Admin FeesExpires 11-13-2025
Kennedy Apartments
Race In For Savings. Apply, get approved, and move in before the Indianapolis 500 and receive $250 off your move-in cost.Expires 05-31-2025
Ardmore Apartments
Major Employer Discount- Application Fee and Admin Fee credit upon approval! $200.00 savings!.Expires 05-31-2025
Quick Rent Budget Calculator
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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.
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Getting Around the The Canal Neighborhood in Indianapolis, IN
Walk Score®
78 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
93 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
57 / 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 Rent Specials The Canal Apartments
What is the Cheapest Rent Specials apartment in The Canal?
Currently the most affordable Rent Specials Apartment in The Canal is at The Avenue listed at $989.
How much is the average rent for a Rent Specials The Canal Apartment?
The average rent for a Rent Specials Apartment in The Canal is $1,984.
What is the largest Rent Specials The Canal Apartment for rent?
Today's Rent Specials apartment with the most square footage in The Canal is a 1,620 square feet unit starting from $989 at The Avenue.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
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.