2,151 Downtown Indianapolis, Indianapolis Cheap Apartments for Rent

The Sheldrake Apartments

2258 N Meridian St, Indianapolis, IN 46208
1 / 35

Virtual Tour
$585 - $925

Studio - 2 Beds, 1 Bath

(317) 707-6746
Indy Flats

1304 N Delaware St, Indianapolis, IN 46202
1 / 13
$605 - $922

Studio - 1 Bed, 1 Bath

(463) 300-5406
Dunbar Court

1022 Dr Martin Luther King St, Indianapolis, IN 46202
1 / 20
$640 - $925

Studio - 1 Bed, 1 Bath

(317) 961-2514
Vivio on 10th

1717 W 10th St, Indianapolis, IN 46222
1 / 26
$699 - $2,856

Studio - 4 Beds, 1-2 Baths

(888) 794-6728
1413 E Washington St

1413 E Washington St, Indianapolis, IN 46201
1 / 5
$700

Studio, 1 Bath

(317) 441-5250
725 Lynn St

725 Lynn St, Indianapolis, IN 46222
1 / 5
$700

1 Bed, 1 Bath

(463) 800-7941
723 Lynn St

723 Lynn St, Indianapolis, IN 46222
1 / 5
$700

1 Bed, 1 Bath

(463) 800-7941
St. Agnes Apartments

1350 N Meridian St, Indianapolis, IN 46202
1 / 20
$765 - $805

Studio - 1 Bed, 1 Bath

(888) 680-6751
1733 N. Meridian

1733 N Meridian St, Indianapolis, IN 46202
1 / 10
$780 - $1,057

1 Bed, 1 Bath

Specials

(463) 209-7069
1048 High St

1048 High St, Indianapolis, IN 46225
1 / 4
$825

1 Bed, 1 Bath

(317) 608-5259
The Seminole

920 N Alabama St, Indianapolis, IN 46202
1 / 10
$833 - $1,057

1 Bed, 1 Bath

Specials

(317) 934-6648
Devonshire Apartments in Downtown Indianap...

412 N Alabama St, Indianapolis, IN 46204
1 / 23

Virtual Tour
$840 - $940

1 Bed, 1 Bath

(463) 213-9817
The Whitaker

1504 N Pennsylvania St, Indianapolis, IN 46202
1 / 8
$845 - $870

1 Bed, 1 Bath

(317) 676-2236
Traymore Apartments

1402 N Alabama St, Indianapolis, IN 46202
1 / 12
$850 - $1,000

1 Bed, 1 Bath

(844) 748-1339
Priscilla on Pennsylvania

1309 N Pennsylvania St, Indianapolis, IN 46202
1 / 20
$875 - $895

Studio, 1 Bath

(463) 203-0084
37 West St Clair Street

37 West St Clair Street, Indianapolis, IN 46204
1 / 5
$880

Studio, 1 Bath

(317) 953-4688
1329 E Market St Unit 1

1329 E Market St Unit 1, Indianapolis, IN 46202
$895

1 Bed, 1 Bath

(317) 429-1061
Circle City Apartments

1321 N Meridian St, Indianapolis, IN 46202
1 / 33

Virtual Tour
$910 - $2,200

Studio - 2 Beds, 1-2.5 Baths

1 Month Free

(463) 209-8582
1910 Southeastern Ave

1910 Southeastern Ave, Indianapolis, IN 46201
1 / 5
$925

1 Bed, 1 Bath

(317) 210-3637
2060 N Delaware St Unit 11

2060 N Delaware St Unit 11, Indianapolis, IN 46202
1 / 5
$949

1 Bed, 1 Bath

(317) 546-3482
937-939 Church St Unit 937 ½ Church St

937-939 Church St Unit 937 ½ Church St, Indianapolis, IN 46225
1 / 5
$949

1 Bed, 1 Bath

(317) 434-6992
Maryden on Central

1308 Central Ave, Indianapolis, IN 46202
1 / 24

Virtual Tour
$950 - $995

Studio, 1 Bath

(463) 213-9687
1329 E Market St Unit 8

1329 E Market St Unit 8, Indianapolis, IN 46202
1 / 5
$950

1 Bed, 1 Bath

(317) 429-1061
Utomin Apartments

658 E 11th St, Indianapolis, IN 46202
1 / 11
$975 - $1,100

2 Beds, 1 Bath

(833) 497-1083
1226 N Belmont Ave Unit A

1226 N Belmont Ave Unit A, Indianapolis, IN 46222
1 / 5
$975

1 Bed, 1 Bath

(317) 357-4639
1839 N Dexter St

1839 N Dexter St, Indianapolis, IN 46202
1 / 5
$975

2 Beds, 1.5 Baths

(317) 210-3637
Lockefield Gardens

737 Lockefield Ln, Indianapolis, IN 46202
1 / 35

Virtual Tour
$979 - $1,414

1-2 Beds, 1-2.5 Baths

(833) 681-6224
The Avenue

930 W 10th St, Indianapolis, IN 46202
1 / 50

Virtual Tour
$989 - $2,098

1-4 Beds, 1-4 Baths

Specials

(317) 659-7381
The Washington

1401 N Pennsylvania St, Indianapolis, IN 46202
1 / 8
$995 - $1,060

2 Beds, 1 Bath

(463) 842-0785
336 Prospect St

336 Prospect St, Indianapolis, IN 46225
1 / 5
$995

1 Bed, 1 Bath

(317) 608-5259
River West Flats

1150 N White River Pkwy West Dr, Indianapolis, IN 46222
1 / 18

Virtual Tour
$999 - $1,174

Studio - 2 Beds

Specials

Pool

(844) 731-7039
1030 Shelby St Unit 1

1030 Shelby St, Indianapolis, IN 46203
1 / 10
$999

1 Bed, 1 Bath

(463) 209-7118
Drake Street Garden Homes

512-568 Drake St, Indianapolis, IN 46202
1 / 14
$1,000

2 Beds, 1 Bath

Specials

(844) 549-2349
Maxwell Apartments

530 E Ohio Street, Suite C, Indianapolis, IN 46204
1 / 35

Virtual Tour
$1,001 - $1,452

Studio - 2 Beds, 1-2 Baths

(463) 209-8570
Senate Manor

545-551 N Senate Ave, Indianapolis, IN 46204
1 / 35

Virtual Tour
$1,005 - $1,037

1 Bed, 1 Bath

(888) 565-3605
Artistry Indy

451-475 E Market St, Indianapolis, IN 46204
1 / 41

Videos

Virtual Tour
$1,015 - $5,796

Studio - 3 Beds

Specials

Pets Allowed Fitness Center Pool Dishwasher Refrigerator Kitchen

(463) 219-2657
Wesley Place

75 W 18th St, Indianapolis, IN 46202
1 / 55

Virtual Tour
$1,049 - $2,139

Studio - 2 Beds, 1-2 Baths

(463) 230-8672
College Manor

1450 N College Ave, Indianapolis, IN 46202
$1,050 - $1,150

1 Bed, 1 Bath

Specials

(877) 850-2066
Temple Lofts

1225 Dr Martin Luther King Jr St, Indianapolis, IN 46202
1 / 20
$1,050 - $1,350

1-2 Beds, 1-2 Baths

Specials

(463) 777-2953
2026 N College Ave

2026 N College Ave, Indianapolis, IN 46202
1 / 5
$1,050

Studio, 1 Bath

(317) 286-6117
Showing 40 of 219 Results - Page 1 of 6
1. 1
2. 2
3. 3
4. 4
5. 5
6. Next

Indiana Indianapolis

Cheap Apartments for Rent in Downtown Indianapolis, Indianapolis, IN

You searched for apartments in Downtown Indianapolis. Let Apartments.com help you find your perfect fit. Click to view any of these 2,151 available rental units in Indianapolis to see photos, reviews, floor plans and verified information about schools, neighborhoods, unit availability and more. Apartments.com has the most extensive inventory of any apartment search site, with more than 1 million currently available apartments for rent. You can trust Apartments.com to find your next Downtown Indianapolis rental.

Downtown Indianapolis - Indianapolis, IN Rental Insights

Average Rent Rates

What is the average rent in Indianapolis, IN?

The average monthly rent in Indianapolis, IN is around $1,423.

Where can I find cheap apartments in Indianapolis, IN?

Apartments in Indianapolis, IN rent for around $1,423 but there are plenty of rentals to be found for $1,231 throughout the city.

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

With over 53 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 $1,231 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 $1,423 per month.

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

Two-bedroom apartments in Indianapolis, IN rent for $1,815 per month.

Search Nearby Rentals

Nearby Apartment Rentals

Rentals in Nearby Neighborhoods

Nearby House Rentals

New Rental Listings

Map Options

Map View

Default

Satellite

Nearby Point of Interests

Campuses

Restaurants

Transit

Neighborhoods

None

Travel Time

Search By Commute Time

Travel Time

Set a destination, transportation method, and your ideal commute time to see results.

Choose a destination

*Please enter your address or point of interest

Select transportation method

Ideal commute time

Set traffic type

Your Destinations

2,151 Downtown Indianapolis, Indianapolis Cheap Apartments for Rent

Popular Searches in Downtown Indianapolis - Indianapolis, IN

Select Bedrooms

Choose by Amenities

Explore Property Types

Find Specialty Housing