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Cheap Apartments for Rent in Indianapolis IN - 2,197 Rentals

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

Average Rent Rates

What is the average rent in Indianapolis, IN?

The average monthly rent in Indianapolis, IN is around $1,117.

Where can I find cheap apartments in Indianapolis, IN?

Apartments in Indianapolis, IN rent for around $1,117 but there are plenty of rentals to be found for $980 throughout the city.

How many cheap rentals are available in Indianapolis, IN on Apartments.com?

With over 2,197 affordable apartments on Apartments.com, you’re sure to find an Indianapolis, IN apartment at the right price.

What is the average rent for a studio in Indianapolis, IN?

You can expect to pay roughly $980 per month for a studio in Indianapolis, IN.

How expensive is a one-bedroom apartment in Indianapolis, IN?

The average one bedroom in Indianapolis, IN rents for $1,116 per month.

How expensive is a two-bedroom apartment in Indianapolis, IN?

Two-bedroom apartments in Indianapolis, IN rent for $1,326 per month.

Helpful Rental Guides for Indianapolis, IN

5 Most Affordable Neighborhoods in Indianapolis, IN
5 Most Affordable Neighborhoods in Indianapolis, IN
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