
Cheap Studio Apartments for Rent in the Upper Canal Neighborhood of Indianapolis, IN from $605 (25 Rentals)


Dunbar Court

St. Agnes Apartments

The Washington

Priscilla on Pennsylvania

Circle City Apartments

Maryden on Central

Maxwell Apartments

Artistry Indy

Riley Towers
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.
Upper 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!
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 | $1,261 | $605 | $3,644 |
Upper Canal 1 Bedroom Apartments | $1,550 | $780 | $3,650 |
Upper Canal 2 Bedroom Apartments | $2,241 | $1,035 | $8,415 |
Upper Canal 3 Bedroom Apartments | $2,606 | $1,694 | $8,137 |
Upper Canal 4 Bedroom Apartments | $1,275 | $989 | $2,420 |
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Upper 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 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 Illinois Street Senior Apartments which is listed at $462, while the average apartment in Upper Canal costs $2,289.
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 26 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 $1,498 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.

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.

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.