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.
37 West St Clair Street
IndianapolisIN46204
146 E 19th St
IndianapolisIN46202
312 E 13th St
IndianapolisIN46202
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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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 | $2,314 | $1,049 | $2,900 |
| Upper Canal 3 Bedroom Homes for Rent | $2,635 | $1,249 | $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.
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Upper Canal, Indianapolis, IN Local Guide
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Best Value Apartments for Rent in Upper Canal, IN
As of April 15, 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: Floors 10-12 | 2BR,1BA | $1.37 |
| Indy Colonial Apartments | Two Bedroom | 2BR,1BA | $1.30 |
| The E'Laan | The Vonnegut II | 1BR,1BA | $1.63 |
| 1733 N. Meridian | 1BR | 1BR,1BA | $1.04 |
| The Seminole | 1br | 1BR,1BA | $1.13 |
| Indiana Flats and Townhomes | 2 x 1 Townhome | 2BR,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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Frequently Asked Questions about Upper Canal
What type of rentals are currently available in Upper Canal?
There are currently 179 Apartments for Rent in Upper Canal, IN with pricing that ranges from $605 to $8,415. There are also 49 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 $1,815.
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.