Cheap Homes for Rent in Marion County, IN from $500 (213 Rentals)

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Search the lowest-cost Homes available for rent right now in Marion County.

property at 15 N Riley Ave

15 N Riley Ave

IndianapolisIN46201
property at 316 W 29th St

316 W 29th St

IndianapolisIN46208
property at 8 N Butler Ave

8 N Butler Ave

IndianapolisIN46219
property at 840 N Rural St

840 N Rural St

IndianapolisIN46201
property at 1106 N Gale St

1106 N Gale St

IndianapolisIN46201
Showing Results 1-50, Page 1 of 5

Cheapest Available Marion County Apartments for Rent

 

The cheapest available apartment rental in Marion County, IN is a 1 Bed unit found at 1531 N Downey Ave in the Southeast Indianapolis neighborhood priced from $285. 1252 Goldenrod Dr in the Southeast Indianapolis neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $325. Here is today’s list of the most affordable Marion County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1531 N Downey Ave1531 N Downey Ave1BR,1BA$285
1252 Goldenrod Dr1252 Goldenrod Dr1BR,1BA$325
3321 Eastwind Ct3321 Eastwind Ct1BR,1BA$325
1043 N Holmes Ave1043 N Holmes Ave1BR,1BA$390
8027 N Richardt Ave8027 N Richardt Ave1BR,1BA$400
5329 Hedgerow Dr5329 Hedgerow Dr1BR,1BA$411
8109 Johnstown Ct8109 Johnstown Ct1BR,1BA$425
3712 Oil Creek Dr3712 Oil Creek Dr1BR,1BA$425
701 W Hanna Ave701 W Hanna Ave1BR,1BA$425

Best Value Apartments for Rent in Marion County, IN

As of March 26, 2025 the best value apartment in the Marion County area is the $0.76 price per square foot 11319 Congaree Way Model at 11319 Congaree Way in the in the Southeast Indianapolis neighborhood starting from $2,230. The second greatest value Marion County apartment is the 8516 Adams Mills Pl Model at 8516 Adams Mills Pl starting at $2,115 with a $0.74 price per square foot in the Decatur Commons 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.
11319 Congaree Way11319 Congaree Way4BR,2.5BA$0.76
8516 Adams Mills Pl8516 Adams Mills Pl3BR,2.5BA$0.74
11524 Brook Bay Ln11524 Brook Bay Ln3BR,2.5BA$0.79
5349 Hammock Glen Dr5349 Hammock Glen Dr3BR,3BA$0.87
2332 Alabama St2332 Alabama St3BR,3BA$0.82
1411 Mutz Dr1411 Mutz Dr3BR,1BA$0.85
Glen Ridge Manor Townhomes and FlatsGlen Ridge 2 Bedroom Townhome2BR,1BA$0.90
2438 E Washington St2438 E Washington St2BR,1BA$0.90
Brookhaven Apartments1 Bed 1 Bath1BR,1BA$0.86
Hopeside I2.2-50%2BR,2BA$0.81

Frequently Asked Questions about Marion County

What type of rentals are currently available in Marion County?

There are currently 1442 Apartments for Rent in Marion County, IN with pricing that ranges from $307 to $8,118. There are also 811 Single Family Homes for rent, Condos, and Townhome rentals currently available in Marion County ranging from $595 to $6,500.

What is the current price range for Rental Homes in Marion County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Marion County ranges from $595 to $6,500 with an average monthly rent of $1,890.

How much are larger Three and Four Bedroom Rentals in Marion County?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Marion County range from $899 to $8,118, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $6,200. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $699.

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 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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.