
Apartments for Rent in the The Canal Neighborhood of Indianapolis, IN Under $1,000 (3 Rentals)

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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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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!
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 3 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
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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.
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 The Canal
How much are Studio apartments in The Canal?
There are currently 14 Studio Apartments in The Canal with rent ranges from $640 to $3,650 with an average price of $1,510.
What is the current price range for One Bedroom The Canal Apartments for rent?
Today's rental pricing for One Bedroom Apartments in The Canal ranges from $875 to $3,910 with an average monthly rent of $1,815.
What does renting a Two Bedroom Apartment in The Canal cost?
The monthly rent prices of Two Bedroom Apartments currently available in The Canal range from $1,049 to $9,508. Today's average rental price for Two Bedrooms here is $2,430.
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.

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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.

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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.