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Cheap Apartments for Rent in Indianapolis IN - 1,751 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 and affordable rent 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 apartment size and upscale amenities are not as important to you. On the other hand, if you value space, access to community amenities, or high-end appliances, you may be willing to move farther out from Indianapolis hot spots where you can afford more apartment for less.

How to Find a Cheap Apartment in Indianapolis, IN

Rent in the city center tends to be more expensive. Try looking for budget-friendly apartments in neighborhoods farther from downtown. These areas offer mid-range prices and can still be close enough to everything you need. Try looking for areas of Indianapolis that might have more available rental units than others. In places with higher vacancy rates, landlords may be more likely to offer cheaper rent to fill the space.

When Are Apartments in Indianapolis, IN Cheapest?

If you want to find cheap rent in Indianapolis, timing can make a big difference. Apartments are usually cheaper during the off-season, typically December through March. During this time, fewer people are looking to move, so landlords are often more willing to offer lower rent to fill empty units. Another good time to search is at the end of the month when leases are up, and landlords want to fill vacancies quickly.

Cheap apartments in Indianapolis tend to go fast. Keep an eye on timing, neighborhood options, and special deals to score the best rental price.


Indianapolis, IN Rental Insights

Average Rent Rates

What is the average rent in Indianapolis, IN?

The average monthly rent in Indianapolis, IN is around $1,097.

Where can I find cheap apartments in Indianapolis, IN?

Apartments in Indianapolis, IN rent for around $1,097 but there are plenty of rentals to be found for $951 throughout the city.

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

With over 1,751 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 $951 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 $1,096 per month.

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

Two-bedroom apartments in Indianapolis, IN rent for $1,287 per month.

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