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I don't need to live well, I need to live cheap and conserve money. Apartments under $500. favorite this post Aug 19 Fully-furnished/downtown (all utility included) for students/interns $400 (Indianapolis) hide this posting restore restore this posting. Browse unit-specific photos on the app, and take 3-D tours of your potential new home — with ABODO, you can find your new apartment without leaving the one you're in. Find Your Next Apartments. Indianapolis is affordable whether you're looking to rent an old stately home or a modern apartment in a skyscraper. Many of these rental apartments are income based housing with 8,756 apartments that set rent based on your income. Enjoy the conveniences of city living without the city commotion. The near north neighborhoods have plenty of housing for students, mostly at extremely reasonable prices. 00 a month in MARION COUNTY Indiana. 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