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Cheap Apartments in Indianapolis, IN

1,416 Properties

  • River Road Apartments
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    • River Road Apartments - Indianapolis, IN

    $740+

    4/5 stars based on 62 reviews
    62

    River Road Apartments

    9115 Knights Bridge Blvd, Indianapolis, IN, 46240

    1–2 Beds • 1–2 Baths

    (317) 735-6501
  • Camby Crossing Apartment Homes
    • Building - Camby Crossing Apartment Homes - Camby, IN
    • Pool - Camby Crossing Apartment Homes - Camby, IN
    • Bathroom - Camby Crossing Apartment Homes - Camby, IN

    $400+

    Camby Crossing Apartment Homes

    7402 Camby Crossing Dr, Camby, IN, 46113

    1–3 Beds • 1–2 Baths

    (463) 466-5151
  • Spanish Oaks
    • Building - Spanish Oaks - Indianapolis, IN
    • Kitchen - Spanish Oaks - Indianapolis, IN
    • Kitchen - Spanish Oaks - Indianapolis, IN

    $500+

    4/5 stars based on 9 reviews
    9

    Spanish Oaks

    3645 Wingate Ct, Indianapolis, IN, 46235

    Studio–3 Beds • 1–2 Baths

    (317) 978-9803
  • Spinnaker Court
    • Community Signage - Spinnaker Court - Indianapolis, IN
    • Living Room - Spinnaker Court - Indianapolis, IN
    • Spinnaker Court - Indianapolis, IN

    $505+

    3/5 stars based on 5 reviews
    5

    Spinnaker Court

    3685 Saint Thomas Blvd, Indianapolis, IN, 46214

    1–2 Beds • 1–2 Baths

    (317) 608-2225
  • La Perla
    • Community Signage - La Perla - Indianapolis, IN
    • Building - La Perla - Indianapolis, IN
    • Bedroom - La Perla - Indianapolis, IN

    $529+

    2.5/5 stars based on 3 reviews
    3

    La Perla

    3287 Tara Ct E, Indianapolis, IN, 46224

    1–3 Beds • 1–2 Baths

    (317) 497-3986
  • Westbury Court
    • Westbury Court - Indianapolis, IN
    • Westbury Court - Indianapolis, IN
    • Westbury Court - Indianapolis, IN

    $546+

    Westbury Court

    7747 Santa Monica Dr, Indianapolis, IN, 46268

    1–3 Beds • 1–2 Baths

    (317) 798-0329
  • Van Rooy Properties - Downtown Portfolio
    • Building - Van Rooy Properties - Downtown Portfolio - Indianapolis, IN
    • Fitness Weight Room - Van Rooy Properties - Downtown Portfolio - Indianapolis, IN
    • Van Rooy Properties - Downtown Portfolio - Indianapolis, IN

    $580+

    3.5/5 stars based on 4 reviews
    4

    Van Rooy Properties - Downtown Portfolio

    1030 N College Ave, Indianapolis, IN, 46202

    Studio–2 Beds • 1–2 Baths

    10+ Units Available
    (317) 284-9889
  • Maison Gardens
    • Leasing Office - Maison Gardens - Indianapolis, IN
    • Leasing Office - Maison Gardens - Indianapolis, IN
    • Bathroom - Maison Gardens - Indianapolis, IN

    $585+

    1.5/5 stars based on 7 reviews
    7

    Maison Gardens

    8808 Rue Madeleine, Indianapolis, IN, 46226

    1–3 Beds • 1 Bath

    10+ Units Available
    (317) 973-3116
  • Postbrook East
    • Postbrook East - Indianapolis, IN
    • Postbrook East - Indianapolis, IN
    • Postbrook East - Indianapolis, IN

    $590+

    5/5 stars based on 1 reviews
    1

    Postbrook East

    9265 E 41st St, Indianapolis, IN, 46235

    1–3 Beds • 1 Bath

    7 Units Available
    (317) 707-6144
  • Englewood Lofts
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    • Living Room - Englewood Lofts - Indianapolis, IN
    • Gaming Center - Englewood Lofts - Indianapolis, IN

    $598+

    4.5/5 stars based on 3 reviews
    3

    Englewood Lofts

    1249 North Alabama Street, Indianapolis, IN, 46204

    1–2 Beds • 1 Bath

    (317) 981-7389
  • The Meridian South
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    • Pool - The Meridian South - Indianapolis, IN

    $605+

    3/5 stars based on 127 reviews
    127

    The Meridian South

    2085 Waterford Pl, Indianapolis, IN, 46260

    Studio–3 Beds • 1–2 Baths

    9 Units Available
    (463) 230-9925
  • Pangea Cedars Apartments
    • Community Signage - Pangea Cedars Apartments - Indianapolis, IN
    • Building - Pangea Cedars Apartments - Indianapolis, IN
    • Bathroom - Pangea Cedars Apartments - Indianapolis, IN

    $610+

    1.5/5 stars based on 2 reviews
    2

    Pangea Cedars Apartments

    3417 N Rybolt Ave, Indianapolis, IN, 46222

    Studio–2 Beds • 1 Bath

    7 Units Available
    (317) 978-9550
  • Vivio on Tenth
    • Building - Vivio on Tenth - Indianapolis, IN
    • Building - Vivio on Tenth - Indianapolis, IN
    • Building - Vivio on Tenth - Indianapolis, IN

    $615+

    Vivio on Tenth

    1717 W 10th St, Indianapolis, IN, 46222

    Studio–4 Beds • 1–2 Baths

    (317) 333-7921
  • El Dorado
    • Building - El Dorado - Indianapolis, IN
    • Building - El Dorado - Indianapolis, IN
    • Bathroom - El Dorado - Indianapolis, IN

    $639+

    5/5 stars based on 3 reviews
    3

    El Dorado

    3621 Lawnview Ln, Indianapolis, IN, 46222

    1–4 Beds • 1–2 Baths

    7 Units Available
    (317) 286-6076
  • Park View At Beech Grove Apartments
    • Building - Park View At Beech Grove Apartments - Indianapolis, IN
    • Building - Park View At Beech Grove Apartments - Indianapolis, IN
    • Park View At Beech Grove Apartments - Indianapolis, IN

    $658+

    1/5 stars based on 2 reviews
    2

    Park View At Beech Grove Apartments

    3641 Dandelion Ave, Indianapolis, IN, 46203

    1–4 Beds • 1–2 Baths

    (317) 215-0184
  • Waterfront Terrace
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    • Building - Waterfront Terrace - Indianapolis, IN
    • Building - Waterfront Terrace - Indianapolis, IN
    • Bathroom - Waterfront Terrace - Indianapolis, IN

    $675+

    Waterfront Terrace

    3510 Kebil Dr, Indianapolis, IN, 46224

    1–3 Beds • 1–2 Baths

    (317) 983-7165
  • La Joya
    • Building - La Joya - Indianapolis, IN
    • Community Signage - La Joya - Indianapolis, IN
    • Bathroom - La Joya - Indianapolis, IN

    $679+

    2.5/5 stars based on 2 reviews
    2

    La Joya

    4514 Candletree Cir, Indianapolis, IN, 46254

    1–3 Beds • 1–2 Baths

    8 Units Available
    (317) 436-4744
  • Cross Creek
    • Community Signage - Cross Creek - Indianapolis, IN
    • Building - Cross Creek - Indianapolis, IN
    • Bathroom - Cross Creek - Indianapolis, IN

    $699+

    3.5/5 stars based on 8 reviews
    8

    Cross Creek

    5756 Cross Creek Dr, Indianapolis, IN, 46254

    1–2 Beds • 1–2 Baths

    (317) 342-2158
  • Stratford Apartments
    • Clubhouse - Stratford Apartments - Indianapolis, IN
    • Building - Stratford Apartments - Indianapolis, IN
    • Community Signage - Stratford Apartments - Indianapolis, IN

    $390+

    2.5/5 stars based on 6 reviews
    6

    Stratford Apartments

    3201 Watergate Rd, Indianapolis, IN, 46224

    Studio–3 Beds • 1–2 Baths

    10+ Units Available
    (317) 231-5124
  • Union at 16th
    • Building - Union at 16th - Indianapolis, IN

    $487+

    3/5 stars based on 13 reviews
    13

    Union at 16th

    2215 W 16th Street, Indianapolis, IN, 46222

    1–3 Beds • 1–2 Baths

    (317) 204-2175
  • Eagle Creek Court
    • Living Room - Eagle Creek Court - Indianapolis, IN
    • Living Room - Eagle Creek Court - Indianapolis, IN
    • Community Signage - Eagle Creek Court - Indianapolis, IN

    $527+

    3/5 stars based on 1 reviews
    1

    Eagle Creek Court

    2148 Augusta Dr E, Indianapolis, IN, 46224

    1–2 Beds • 1–2 Baths

    (317) 798-0846
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  • Northside Flats
    • Building - Northside Flats - Indianapolis, IN
    • Building - Northside Flats - Indianapolis, IN
    • Living Room - Northside Flats - Indianapolis, IN

    $549+

    2/5 stars based on 7 reviews
    7

    Northside Flats

    1503 N. Pennsylvania Street, Indianapolis, IN, 46202

    Studio–2 Beds • 1–2 Baths

    (317) 204-7595
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  • Country Club
    • Living Room - Country Club - Indianapolis, IN
    • Bedroom - Country Club - Indianapolis, IN
    • Living Room - Country Club - Indianapolis, IN

    $589+

    4/5 stars based on 17 reviews
    17

    Country Club

    360 Sandra Ln, Indianapolis, IN, 46227

    Studio–2 Beds • 1 Bath

    (317) 732-7569
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  • Windsor Court
    • Building - Windsor Court - Indianapolis, IN
    • Building - Windsor Court - Indianapolis, IN
    • Kitchen - Windsor Court - Indianapolis, IN

    $603+

    1.5/5 stars based on 2 reviews
    2

    Windsor Court

    7302 Queen Anne Ct, Indianapolis, IN, 46227

    1–2 Beds • 1–2 Baths

    5 Units Available
    (317) 360-5785
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  • Meridian Court South
    • Building - Meridian Court South - Indianapolis, IN
    • Building - Meridian Court South - Indianapolis, IN
    • Kitchen - Meridian Court South - Indianapolis, IN

    $615+

    4/5 stars based on 5 reviews
    5

    Meridian Court South

    7266 Lockwood Ln, Indianapolis, IN, 46217

    1–2 Beds • 1–2 Baths

    (317) 215-0192
  • Turtle Creek Apartments
    • Pool - Turtle Creek Apartments - Indianapolis, IN
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    • Bedroom - Turtle Creek Apartments - Indianapolis, IN

    $635+

    Turtle Creek Apartments

    8253 Harcourt Rd, Indianapolis, IN, 46260

    Studio–2 Beds • 1 Bath

    3 Units Available
    (317) 286-4052
  • Meridian Towers Apartments
    • Community Signage - Meridian Towers Apartments - Indianapolis, IN
    • Bedroom - Meridian Towers Apartments - Indianapolis, IN
    • Bathroom - Meridian Towers Apartments - Indianapolis, IN

    $650+

    Meridian Towers Apartments

    3710 N Meridian St, Indianapolis, IN, 46208

    Studio–2 Beds • 1–2 Baths

    9 Units Available
    (833) 571-4039
  • Pangea Courts
    • Building - Pangea Courts - Indianapolis, IN
    • Building - Pangea Courts - Indianapolis, IN
    • Recreation Area - Pangea Courts - Indianapolis, IN

    $658+

    Pangea Courts

    4425 Linwood Ct, Indianapolis, IN, 46201

    1–2 Beds • 1 Bath

    4 Units Available
    (317) 961-9846
  • College Park Apartments
    • Community Signage - College Park Apartments - Indianapolis, IN
    • Building - College Park Apartments - Indianapolis, IN
    • Bathroom - College Park Apartments - Indianapolis, IN

    $755

    College Park Apartments

    3050 Colby Ln, Indianapolis, IN, 46268

    1 Bed • 1 Bath

    (317) 981-7379
  • Carlton Apartments
    • Pool - Carlton Apartments - Indianapolis, IN
    • Building - Carlton Apartments - Indianapolis, IN
    • Building - Carlton Apartments - Indianapolis, IN

    $690+

    4/5 stars based on 15 reviews
    15

    Carlton Apartments

    2629 Plaza Dr, Indianapolis, IN, 46268

    1–2 Beds • 1–2 Baths

    (317) 708-6536
  • English Village Apartments
    • English Village Apartments - Indianapolis, IN
    • English Village Apartments - Indianapolis, IN
    • English Village Apartments - Indianapolis, IN

    $699+

    English Village Apartments

    545 English Village Dr, Indianapolis, IN, 46239

    1–2 Beds • 1 Bath

    2 Units Available
    (317) 643-9412

Indianapolis Apartment Options

Avg. RentAnnual Change
Studio - $1,090+7%
1 Bed - $1,154+12%
2 Beds - $1,277+10%
3 Beds - $1,420+22%
Last updated 8/11/2022

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Overview of Indianapolis

Indianapolis is a major metropolis and national transportation hub with two professional sports teams-the NBA Pacers and the NFL Colts-and the heart of the country's auto racing scene. Like other large cities, urban sections of downtown are going to be hip enough to attract students to cheap studio apartments and working professionals to luxury loft apartments near their jobs. Areas around downtown are going to fluctuate in rent rates depending on what each area offers. You may be able to afford a larger place farther away from the town's hotspots, or you may choose a smaller place if it comes with more amenities that you need and want.

To get a nice apartment with cheap rent, you may need to consider finding or becoming a roommate. Sharing rent and utility expenses can significantly benefit your budget outlook if you can handle the personal aspects of sharing a living space with another person. Weighing the pros and cons of entering into this apartment-living situation is an important part of your apartment search process.

If you're unable to find cheap apartments in areas of Indianapolis that you like best, try widening your search area in your online apartment locator.

Cheap and Happy in Indianapolis

Just because your apartment is cheap-and perhaps a little old-doesn't mean it can't be hip and modern. Incorporate your personal style in as many ways as you can to enhance your new environment.

With some of the money you save on rent in your cheap apartment, you can invest in a little décor to reflect your personal style. Just because your apartment is cheap doesn't mean it can't be chic. Explore your neighborhood in Indianapolis for ideas.


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