Cheap Apartments for Rent in Marion County, IN from $300 (590 Rentals)

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Cheap Apartments in Marion County.

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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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property at 8 N Butler Ave

8 N Butler Ave

IndianapolisIN46219
Showing Results 1-50, Page 1 of 12

Cheapest Available Marion County Apartments for Rent

 

The cheapest available apartment rental in Marion County, IN is a Studio unit found at The Stratford in the Cheswick Place neighborhood priced from $610. Glenstone Studios in the Meridian-Kessler neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $649. Here is today’s list of the most affordable Marion County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The StratfordStudioStudio,1BA$610
Glenstone StudiosStudioStudio,1BA$649
Stone Lake1X11BR,1BA$650
East Village at Avondale Meadows ApartmentsC13BR,2BA$662
Country Club ApartmentsStudioStudio,1BA$699
Meridian TowersStudio ApartmentStudio,1BA$699
The Aerie on 11th Street6260 East 11th Street - Apt 3072BR,1BA$700
Meadows ApartmentsStudio ApartmentStudio,1BA$703
Cambridge CommonsStudioStudio,1BA$709
Rosewood CommonsStudioStudio,1BA$725

Best Value Apartments for Rent in Marion County, IN

As of May 04, 2025 the best value apartment in the Marion County area is the $0.86 price per square foot 2 Bedroom Townhome Model at SOUTHPORT AT BUCK CREEK in the in the Thompson-Edgewood neighborhood starting from $1,199. The second greatest value Marion County apartment is the Townhome Model at Sherman Village starting at $1,300 with a $1.00 price per square foot in the Carson Heights neighborhood. Here is today’s list of the best values for Marion County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
SOUTHPORT AT BUCK CREEK2 Bedroom Townhome2BR,1.5BA$0.86
Sherman VillageTownhome3BR,1.5BA$1.00
Fields Apartments3 Bedroom 2 Bath Apartment3BR,2BA$0.97
Braeburn Village3X1.5-803BR,1.5BA$0.98
Glen Ridge Manor Townhomes and FlatsGlen Ridge 2 Bedroom Townhome2BR,1BA$0.90
Strawbridge GreenMadison2BR,1.5BA$0.97
60 - ADDISON APARTMENTS1st Floor Standard2BR,1BA$0.95
Brookhaven Apartments1 Bed 1 Bath1BR,1BA$0.86
Hopeside I2.2-50%2BR,2BA$0.81
The Aerie on 11th Street6260 East 11th Street - Apt 3052BR,1BA$0.82

Frequently Asked Questions about Cheap Marion County Apartments

What is a cheap apartment in Marion County?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Marion County is under $725.

What is the price of a cheap apartment in Marion County?

The cheapest apartment in Marion County is Stone Lake which is listed at $650, while the average apartment in Marion County costs $2,295.

What types of apartments are the cheapest in Marion County?

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 180 regular apartments in Marion County 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 Marion County?

Cheap apartments in Marion County have an average cost of $163 which is $2,132 cheaper than the average rent for all rentals in Marion County.

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.

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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.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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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.

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.