4 E Washington St
IndianapolisIN46204
Cheap Homes for Rent in Upper Canal Neighborhood of Indianapolis, IN from $600 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Upper Canal area of Indianapolis.
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
37 West St Clair Street
IndianapolisIN46204
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.
146 E 19th St
IndianapolisIN46202
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.
125 E 17th St
IndianapolisIN46202
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!
Showing Results 1-4, Page 1 of 1
Upper Canal, Indianapolis, IN Local Guide
How much does it cost to rent a home in Upper Canal?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Upper Canal 2 Bedroom Homes for Rent | $2,438 | $995 | $3,850 |
| Upper Canal 3 Bedroom Homes for Rent | $2,405 | $1,199 | $6,200 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 1 mile radius of the Upper Canal Neighborhood of Indianapolis, IN.
Explore Indianapolis
Upper Canal, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Best Value Apartments for Rent in Upper Canal, IN
As of May 14, 2025 the best value apartment in the Upper Canal area is the $1.08 price per square foot loft Model at Shoemaker Building in the in the Riley neighborhood starting from $1,950. The second greatest value Upper Canal apartment is the Park Avenue Model at The Pointe on Mass starting at $2,370 with a $1.56 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. |
|---|---|---|---|
| Shoemaker Building | loft | 2BR,2BA | $1.08 |
| The Pointe on Mass | Park Avenue | 2BR,2BA | $1.56 |
| The Block | 1 Bedroom 1 Bath | 1BR,1BA | $1.06 |
| Gardens of Canal Court | Two Bedroom Two Bath (1,184 - 1,194 Square Feet) | 2BR,2BA | $1.29 |
| Raleigh | Raleigh 1BTH 886 | 1BR,2BA | $1.42 |
| The Seminole | 1br | 1BR,1BA | $1.13 |
| Indiana Flats and Townhomes | 2 x 1 Townhome | 2BR,1BA | $1.63 |
| Temple Lofts | Flats - 2.1 | 2BR,1BA | $1.74 |
| Illinois Street Senior Apartments | 1BR 1A 60% | 1BR,1BA | $1.68 |
| 1010 Central | Garage 60% | 1BR,1BA | $1.70 |
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.
Let everyone know!
Do you know the Upper Canal area?
If you’re an expert on all things Upper Canal, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Frequently Asked Questions about Upper Canal
What type of rentals are currently available in Upper Canal?
There are currently 182 Apartments for Rent in Upper Canal, IN with pricing that ranges from $605 to $9,630. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Upper Canal ranging from $695 to $6,200.
What is the current price range for Rental Homes in Upper Canal?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Upper Canal ranges from $695 to $6,200 with an average monthly rent of $2,128.
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 Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
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.