Cheap Apartments for Rent in the 46220 ZIP Code of Indianapolis, IN from $300 (44 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 46220 ZIP Code area of Indianapolis.

Indianapolis

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

Read Article
close
View Me
Monon Walk Apartments
Studio to 1 Bedroom Apartments

Monon Walk Apartments

6115 Winthrop AveIndianapolis, IN 46220
  • Utilities Included
close
View Me
Monon Park
1 Bedroom Apartments

Monon Park

5801 N Olney StIndianapolis, IN 46220
close
View Me
5858 N College Ave
Studio to 3 Bedroom Apartments

5858 N College Ave

5858 N College AveIndianapolis, IN 46220
close
View Me
Shore Acres
1 Bedroom Apartments

Shore Acres

1105 Westfield Ct WIndianapolis, IN 46240
Showing Results 1-44, Page 1 of 1

Indianapolis, IN Local Guide

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

Frequently Asked Questions about Cheap the 46220 ZIP Code Apartments

What is the Cheapest Studio apartment in 46220?

Currently the most affordable Cheap Studio Apartment in 46220 is at Waterbury Apartments listed at $750.

How much is rent for a Cheap One Bedroom 46220 Apartment?

The lowest price for a Cheap One Bedroom 46220 Apartment is $965 at Beechmill Apartments.

What is the lowest price for a Cheap Two Bedroom 46220 Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in 46220 is starting from $1,099 at The Row Apartments.

What is the most affordable 46220 Three Bedroom Apartment?

The best deal on a cheap 46220 Three Bedroom Apartment rental is at The Row Apartments and starts from $1,324.

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 A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

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 Renting Smart: Lease Basics Every Renter Needs article

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.

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.