Cheap Apartments for Rent in the Upper Canal Neighborhood of Indianapolis, IN from $500 (68 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
16 Park Apartments
1 to 4 Bedroom Apartments

16 Park Apartments

1621 N Park AveIndianapolis, IN 46202
  • Utilities Inc.
close
View Me
Rotherwood
Studio to 2 Bedroom Apartments

Rotherwood

1503 N Pennsylvania StIndianapolis, IN 46202
  • Utilities Inc.
close
View Me
The Jordan
Studio to 1 Bedroom Apartments

The Jordan

1445 N Delaware StIndianapolis, IN 46202
  • Utilities Inc.
close
View Me
Windsor
Studio to 1 Bedroom Apartments

Windsor

1235 N Delaware StIndianapolis, IN 46202
  • Utilities Inc.
close
View Me
Barbee
1 Bedroom Apartments

Barbee

1215 N Pennsylvania StIndianapolis, IN 46202
  • Utilities Inc.
close
View Me
Victoria Apartments
Studio Apartments

Victoria Apartments

1244 N Illinois StIndianapolis, IN 46202
  • Utilities Inc.
close
View Me
The Harrison
Studio to 1 Bedroom Apartments

The Harrison

1320 N Delaware StIndianapolis, IN 46202
  • Utilities Inc.
close
View Me
PICCADILLY
Studio to 1 Bedroom Apartments

PICCADILLY

28 E 16th StIndianapolis, IN 46202
close
View Me
The Marleigh
Studio to 1 Bedroom Apartments

The Marleigh

1434-1448 N Delaware StIndianapolis, IN 46202
  • Utilities Inc.
close
View Me
Capitol Manor
1 Bedroom Apartments

Capitol Manor

842 N Capitol AveIndianapolis, IN 46204
  • Utilities Inc.
close
View Me
Madison Apartments
1 Bedroom Apartments

Madison Apartments

226 E 12th StIndianapolis, IN 46202
  • Utilities Inc.
close
View Me
1010 Central
1 to 2 Bedroom Apartments

1010 Central

1010 Central AveIndianapolis, IN 46202
  • Utilities Inc.
close
View Me
Mayleeno
1 Bedroom Apartments

Mayleeno

416 E Vermont PlIndianapolis, IN 46202
  • Utilities Inc.
Showing Results 1-50, Page 1 of 2

Upper Canal, Indianapolis, IN Local Guide

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 St. Agnes Apartments priced from $765. 1733 N. Meridian has the second lowest priced unit, which is a 1 Bed apartment currently listed from $780. Here are the most affordable Upper Canal apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
St. Agnes Apartments514 StudioStudio,1BA$765
1733 N. Meridian1BR1BR,1BA$780
The Seminole1br1BR,1BA$833
Devonshire Apartments in Downtown Indianapolis1BR/1.0BA1BR,1BA$840
Illinois Street Senior Apartments1BR 5 50%1BR,1BA$869
Priscilla on PennsylvaniaStudioStudio,1BA$875
1010 CentralLoft 50%1BR,1BA$883
Lockefield GardensStandard One Bedroom (S1) 1BR,1BA$981
Circle City ApartmentsWinterhouse Studio 402Studio,1BA$985
Maxwell ApartmentsMilanStudio,1BA$994

Best Value Apartments for Rent in Upper Canal, IN

As of March 01, 2025 the best value apartment in the Upper Canal area is the $1.30 price per square foot Two Bedroom Two Bath (1,311 Square Feet) Model at Gardens of Canal Court in the in the Near North Indianapolis neighborhood starting from $1,703. The second greatest value Upper Canal apartment is the Turnverein 308 - Townhome Model at The Continental Towers at Vermont Place starting at $1,830 with a $1.72 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for Upper Canal apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Gardens of Canal CourtTwo Bedroom Two Bath (1,311 Square Feet)2BR,2BA$1.30
The Continental Towers at Vermont PlaceTurnverein 308 - Townhome2BR,1.5BA$1.72
RaleighRaleigh 1BTH 8861BR,2BA$1.42
The E'LaanThe Vonnegut II1BR,1BA$1.61
1733 N. Meridian1BR1BR,1BA$1.04
The Seminole1br1BR,1BA$1.13
1010 CentralDepot 60%1BR,1BA$1.47
Penn Street Tower ApartmentsSt. Clair1BR,1BA$1.72
Illinois Street Senior Apartments1BR 1A 60%1BR,1BA$1.55
Maxwell ApartmentsMilanStudio ,1BA$1.72

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Upper Canal, Indianapolis, IN

Ranked #9

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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 the Cheapest Studio apartment in Upper Canal?

Currently the most affordable Cheap Studio Apartment in Upper Canal is at St. Agnes Apartments listed at $765.

How much is rent for a Cheap One Bedroom Upper Canal Apartment?

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

What is the lowest price for a Cheap Two Bedroom Upper Canal Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Upper Canal is starting from $1,195 at Temple Lofts.

What is the most affordable Upper Canal Three Bedroom Apartment?

The best deal on a cheap Upper Canal Three Bedroom Apartment rental is at Ralston Apartments and starts from $1,835.

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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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 What to Know About Fees and Fines When Renting article

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.

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.