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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 Upper Canal Neighborhood of Indianapolis, IN from $400 (54 Rentals)
Search the lowest-cost Apartments available for rent right now in the Upper Canal 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 to 1 Bedroom Apartments Available Now
St. Agnes Apartments
1350 N Meridian StIndianapolis, IN 46202
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from $1,0852 Bedroom Apartments Available Jun 13
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
Upper Canal
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 $932Studio to 3 Bedroom Apartments Available Now
Artistry Indy
451-475 E Market StIndianapolis, IN 46204
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from $950Studio Apartments Contact Us For Availability
Maryden on Central
1308 Central AveIndianapolis, IN 46202
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from $979Studio to 2 Bedroom Apartments Available Apr 16
Maxwell Apartments
530 E Ohio Street, Suite CIndianapolis, 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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from $1,0502 Bedroom Apartments Contact Us For Availability
Drake Street Garden Homes
512-568 Drake StIndianapolis, IN 46202
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from $1,057Studio to 3 Bedroom Apartments Available Now
Riley Towers
650 N Alabama StIndianapolis, IN 46204
126 E Vermont St
IndianapolisIN46204
239 E 9th 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 $1,1651 to 4 Bedroom Apartments Available Now
Ralston Apartments
1201 Indiana AveIndianapolis, 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 $1,1951 to 3 Bedroom Apartments Available Now
9 on Canal
335 W 9th StIndianapolis, IN 46202
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from $1,2502 Bedroom Apartments Available Now
Indy Colonial Apartments
402-406 N Delaware StIndianapolis, IN 46204
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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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Studio to 1 Bedroom Apartments
The Congress at Library Square
923 N Meridian StIndianapolis, IN 46204
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Upper Canal, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Upper Canal?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Upper Canal Studio Apartments | $1,282 | $605 | $2,934 |
| Upper Canal 1 Bedroom Apartments | $1,559 | $750 | $3,646 |
| Upper Canal 2 Bedroom Apartments | $2,196 | $1,035 | $7,871 |
| Upper Canal 3 Bedroom Apartments | $2,610 | $1,495 | $8,137 |
| Upper Canal 4 Bedroom Apartments | $1,275 | $989 | $2,420 |
Browse Apartments in this Neighborhood
There are currently 54 rentals with your search options within a 1 mile radius of the Upper Canal Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Upper Canal, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
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Cheapest Available Upper Canal Apartments for Rent
The cheapest available apartment rental in the Upper Canal area of Indianapolis, IN is a Studio unit found at Illinois Street Senior Apartments priced from $462. 1010 Central has the second lowest priced unit, which is a 1 Bed apartment currently listed from $690. Here are the most affordable Upper Canal apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Illinois Street Senior Apartments | Studio 3 30% | Studio,1BA | $462 |
| 1010 Central | Loft 40% | 1BR,1BA | $690 |
| 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 |
| Artistry Indy | Edie (EcoSuite) | Studio,1BA | $932 |
| Circle City Apartments | Winterhouse Studio 402 | Studio,1BA | $985 |
| Lockefield Gardens | Standard One Bedroom (S1) | 1BR,1BA | $991 |
| 800 Capitol | Imprint 60% | 1BR,1BA | $1,005 |
Best Value Apartments for Rent in Upper Canal, IN
As of April 08, 2025 the best value apartment in the Upper Canal 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 Upper Canal 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 Upper Canal 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 | 2BR,1BA | $1.37 |
| The E'Laan | The Vonnegut II | 1BR,1BA | $1.60 |
| 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 |
| Raleigh | Raleigh 1B 706 | 1BR,1BA | $1.63 |
| 1010 Central | Garage 60% | 1BR,1BA | $1.58 |
| Illinois Street Senior Apartments | Studio 1 40% | Studio ,1BA | $1.59 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleUpper Canal, Indianapolis, IN
Ranked #9
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
This website compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in metropolitan areas across the United States including Upper Canal, Indianapolis, and the greater Indianapolis area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, and more. These search options are in the site filters at the top of this page.
Getting Around the Upper Canal Neighborhood in Indianapolis, IN
Walk Score®
84 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
94 / 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 Cheap Upper Canal Apartments
What is a cheap apartment in Upper Canal?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Upper Canal is under $1,005.
What is the price of a cheap apartment in Upper Canal?
The cheapest apartment in Upper Canal is 1010 Central which is listed at $690, while the average apartment in Upper Canal costs $2,244.
What types of apartments are the cheapest in Upper Canal?
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 19 regular apartments in Upper Canal 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 Upper Canal?
Cheap apartments in Upper Canal have an average cost of $791 which is $1,453 cheaper than the average rent for all rentals in Upper Canal.
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.