Cheap Apartments for Rent in Indianapolis IN
1,930 Rentals Available
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Indianapolis, IN Cheap Apartments for Rent
Whether you're on a budget or just looking to save, there are plenty of ways to find cheap apartments in Indianapolis. Start by defining your list of apartment “must-haves.” What features can you not live without? If you want to live within walking distance to your favorite downtown locations, you may find that a smaller apartment of fewer amenities are a fair trade-off. Rent prices in Indianapolis tend to be higher near the city center. For better deals, explore neighborhoods farther out where rents can be lower and apartment sizes may be larger. Look for areas with a higher number of available rental units — landlords with more vacancies are often more willing to offer incentives like lower rent or flexible lease terms. Keep an eye on listings for budget-friendly apartments that meet your core needs while offering a reasonable commute and access to the amenities you want.
Indianapolis, IN Rental Insights
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The most affordable neighborhoods to rent an apartment in Indianapolis, IN are Park 100, New Augusta, and Near NW Riverside, where rent prices are below the city average of $1,107.
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In Indianapolis IN, rent is considered cheap when it's under $900 per month; that's 20% less than the city's median rent of $1,107.
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There are 1,930 affordable apartments for rent in Indianapolis, IN, starting from $972/month.
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There are 6,351 apartments in Indianapolis, IN with rent specials such as discounted deposits, waived fees, or a first month of free rent.
