The Absolute Best Affordable Restaurants in Indianapolis [Updated 2025]

The Absolute Best Affordable Restaurants in Indianapolis  [Updated 2025]
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Let me tell you, Indianapolis has a hidden treasure trove of incredible dining options that won't break the bank! After scouring the city and indulging in countless meals, I’ve handpicked 12 standout spots that offer mouthwatering flavors and unforgettable experiences—all while keeping your wallet happy.

I’ve tasted everything from cozy diners to trendy eateries, so you can trust that my recommendations come from a genuine love of good food and local culture. Whether you’re a lifelong Hoosier or just passing through, these affordable gems will make your taste buds sing without emptying your pockets. Get ready to discover your new favorite hangout!


Love Handle

Love Handle
🗺️ 877 Massachusetts Ave, Indianapolis, IN 46204
☎️ 317-384-1102
🌐 Website
Sunday: 8 AM–3 PM
Monday: 8 AM–3 PM
Tuesday: Closed
Wednesday: Closed
Thursday: 8 AM–3 PM
Friday: 8 AM–3 PM
Saturday: 8 AM–3 PM
Highlights
Stellar pork belly option
Quick and excellent service
Unique decor atmosphere
Giant, dense sandwiches
Catfish with a waffle

Visiting Love Handle feels like a delightful culinary adventure nestled in the heart of Indianapolis. The moment I walked in, I was greeted by a unique decor that instantly sets a playful tone—it's quirky yet cozy. As I settled in, I couldn't resist trying their stellar pork belly option. Let me tell you, it lived up to its reputation!

The service was impressively quick, which is a major plus when you're as hungry as I was. When my giant, dense sandwich arrived, I almost didn't know where to begin. Each bite was an explosion of flavor, perfectly seasoned and rich in texture. I also tried their intriguing catfish with a waffle—a whimsical combination that was surprisingly harmonious.

What I appreciate most about Love Handle is its dedication to quality without breaking the bank. Each dish is crafted with care, and I left feeling satisfied yet not guilty about my wallet. For anyone looking to indulge without the hefty price tag in Indianapolis, I wholeheartedly recommend checking out this gem. You’re in for a treat!

You might also want to check out the best gluten free restaurants in Indianapolis.

Steer-In

Steer-In
🗺️ 5130 E 10th St, Indianapolis, IN 46219
☎️ 317-356-0996
🌐 Website
Sunday: 7 AM–8 PM
Monday: 7 AM–3 PM
Tuesday: 7 AM–8 PM
Wednesday: 7 AM–8 PM
Thursday: 7 AM–8 PM
Friday: 7 AM–9 PM
Saturday: 7 AM–9 PM
Highlights
Delicious Hoosier tenderloin
Friendly service every visit
Crispy half fried chicken
Remarkable meatball trio
Charming old school diner vibe

Steer-In in Indianapolis is a treasure trove of deliciousness wrapped in an old-school diner vibe that feels like a warm hug. The moment I stepped inside, I was greeted with a genuine smile from the friendly staff, setting the tone for a delightful dining experience.

One of the highlights of my visit was the Hoosier tenderloin, an iconic dish that stole the show. This juicy, flavorful delicacy is a testament to why Indiana is known for its comfort food. I also couldn’t resist trying their crispy half fried chicken, which was so tender and satisfyingly crunchy that I found myself savoring every bite.

But the true surprise was the meatball trio. These delectable morsels were both hearty and flavorful, each one a perfect blend of spices and textures. You really can’t go wrong with any choice at Steer-In, and the prices make it all the more enticing.

If you’re on the hunt for affordable dining in Indianapolis, make sure to visit Steer-In. It’s a place where flavor meets value, ensuring that each visit is an opportunity to indulge without breaking the bank!

You might also want to check out the best casual restaurants in Indianapolis.

Conner's Kitchen + Bar

Conner's Kitchen + Bar
🗺️ 350 W Maryland St, Indianapolis, IN 46225
☎️ 317-405-6100
🌐 Website
Sunday: 7 AM–3 PM
Sunday: 4–10 PM
Monday: 6:30–10 AM
Monday: 11 AM–11 PM
Tuesday: 6:30–10 AM
Tuesday: 11 AM–11 PM
Wednesday: 6:30–10 AM
Wednesday: 11 AM–11 PM
Thursday: 6:30–10 AM
Thursday: 11 AM–11 PM
Friday: 6:30–10 AM
Friday: 11 AM–11 PM
Saturday: 7 AM–3 PM
Saturday: 4–11 PM
Highlights
Superb food and service
Amazing ambiance
Friendly and attentive staff
Generous portion sizes
Unique and customizable dishes

Conner's Kitchen + Bar truly exceeded my expectations! From the moment I stepped inside, the ambiance was inviting and warm, blending rustic charm with contemporary vibes—a perfect backdrop for a delightful meal. The menu is a treasure trove of creative offerings that encourage you to explore your taste buds without breaking the bank.

The generous portion sizes are a pleasant surprise. I found myself happily feasting on a hearty plate of the house-made pasta, and trust me, it was a flavor explosion! Every bite was crafted with care, showcasing fresh, local ingredients that speak to the heart of Indianapolis cuisine.

What made my experience even better was the staff. My server was not only attentive but also genuinely passionate about the menu, providing thoughtful recommendations that made choosing my meal a delightful challenge.

If you’re looking for a spot that combines superb food with an atmosphere that makes you want to linger, Conner’s is a must-visit. Let’s just say, I’ll be back for more of their delectable offerings—because who can resist such a treat at an affordable price?

You might also want to check out the best seafood restaurant in Indianapolis.

The Fountain Room

The Fountain Room
🗺️ 830 Massachusetts Ave Suite 1480, Indianapolis, IN 46204
☎️ 463-238-4464
🌐 Website
Sunday: 10 AM–9 PM
Monday: 4–10 PM
Tuesday: 4–10 PM
Wednesday: 4–10 PM
Thursday: 4–10 PM
Friday: 4–11 PM
Saturday: 10 AM–11 PM
Highlights
Amazing food and service
Cozy, intimate ambiance
Exceptional, thoughtful recommendations
Standout Brussels sprouts
Free dessert for special occasions

Located in the heart of Indianapolis, The Fountain Room is a delightful gem that I couldn't resist exploring. From the moment I stepped inside, the cozy, intimate ambiance enveloped me like a warm hug—perfect for a casual dinner or a special occasion.

The menu is a tapestry of delicious options, but it's the standout Brussels sprouts that truly stole the show. Crispy, flavorful, and simply irresistible, these little morsels are worth a visit on their own. My server was incredibly attentive, offering thoughtful recommendations that made the experience all the more enjoyable.

As if the delectable food wasn't enough, I was pleasantly surprised to learn about their tradition of providing a free dessert for special occasions. It’s these little touches that make dining here feel exceptionally special without breaking the bank.

Whether you're a local or just passing through, this spot deserves a place on your must-try list. The Fountain Room not only showcases the best of what affordable dining can offer but does so with flair and personality. I'll definitely be back for more!

You might also want to check out the best japanese restaurants in Indianapolis.

Vida

Vida
🗺️ 601 E New York St, Indianapolis, IN 46202
☎️ 317-420-2323
🌐 Website
Sunday: Closed
Monday: Closed
Tuesday: 5–10 PM
Wednesday: 5–10 PM
Thursday: 5–10 PM
Friday: 5–10 PM
Saturday: 5–10 PM
Highlights
Modern and cozy ambiance
Exceptional tasting menu
Unique and comforting flavors
Impeccable service staff
Well-coordinated team effort

Review of Vida in Indianapolis

Stepping into Vida, I was immediately enveloped by its modern and cozy ambiance. It’s a delightful spot that perfectly balances comfort with a dash of chic elegance. What truly caught my attention was their exceptional tasting menu. Every dish seemed to tell a story, combining unique and comforting flavors that danced on my palate.

From the first bite, I understood why Vida is celebrated among locals seeking great food without breaking the bank. Each plate is a crafted masterpiece, and the attention to detail is absolutely commendable. The impeccable service staff further enhanced my visit, making me feel valued and eager to explore the diverse offerings. Their well-coordinated team effort truly sets Vida apart in the bustling culinary scene of Indianapolis.

Visiting Vida is more than just a meal; it’s an experience that invites you to linger, savor, and appreciate the rich flavors that their kitchen creates. If you're on a quest for delicious fare that won’t strain your wallet, this gem in Indy should be at the top of your list. Treat yourself—your taste buds will thank you!

You might also want to check out the best family restaurant in Indianapolis.

Iaria's Italian Restaurant

Iaria's Italian Restaurant
🗺️ 317 S College Ave, Indianapolis, IN 46202
☎️ 317-638-7706
🌐 Website
Sunday: Closed
Monday: Closed
Tuesday: 4:30–9 PM
Wednesday: 4:30–9 PM
Thursday: 4:30–9 PM
Friday: 4:30–9:45 PM
Saturday: 4:30–9:45 PM
Highlights
Excellent Italian cuisine
Attentive and friendly service
Cozy and comfortable atmosphere
Delicious dessert options
Great for large groups

I recently had the pleasure of dining at Iaria's Italian Restaurant, and let me tell you, it was an experience worth savoring! Nestled in the heart of Indianapolis, this gem offers not just excellent Italian cuisine, but also a warm and welcoming atmosphere that makes you feel right at home.

As soon as I walked in, I was greeted by the attentive and friendly service that set the tone for the evening. The staff genuinely seemed to care about my dining experience, making recommendations that didn’t disappoint. I opted for their signature pasta dish, and wow—it was bursting with flavor, perfectly al dente, and just the right portion size for an affordable meal.

The ambiance was cozy and comfortable, making it easy to enjoy leisurely conversations with friends or family. Speaking of family, it's a great spot for large groups, making it ideal for gatherings. And of course, I couldn’t resist indulging in their delectable dessert options—sweet enough to send your taste buds into a happy dance!

For an authentic Italian meal that won’t break the bank, Iaria's is definitely a must-try. Trust me; you’ll leave with a full belly and a happy heart!

You might also want to check out the best romantic restaurants in Indianapolis.

The Tamale Place

The Tamale Place
🗺️ 5226 Rockville Rd, Indianapolis, IN 46224
☎️ 317-248-9771
🌐 Website
Sunday: Closed
Monday: 9 AM–6 PM
Tuesday: 9 AM–6 PM
Wednesday: 9 AM–6 PM
Thursday: 9 AM–6 PM
Friday: 9 AM–6 PM
Saturday: 9 AM–6 PM

The Tamale Place is a hidden gem that truly delivers when it comes to flavorful, affordable eats. As I approached the colorful storefront, the aroma of freshly made tamales drew me in like a siren’s song. Their menu offers a delightful variety of fillings, from savory chicken to zesty vegetarian options. Each tamale is steamed to perfection, and I was particularly impressed by the side of tangy salsa that brought everything together. With prices that won't break the bank, I left feeling satisfied and eager to return. If you’re in the mood for a deliciously budget-friendly meal, this spot is a must-visit!

You might also want to check out the best mexican restaurants in Bloomington.

Subito

Subito
🗺️ 34 N Delaware St, Indianapolis, IN 46204
☎️ 317-220-8211
🌐 Website
Sunday: Closed
Monday: 10 AM–3 PM
Tuesday: 10 AM–3 PM
Wednesday: 10 AM–3 PM
Thursday: 10 AM–3 PM
Friday: 10 AM–3 PM
Saturday: Closed

Tucked away in the bustling heart of Indianapolis, Subito is a delightful gem for those seeking wallet-friendly Italian fare. The moment I stepped inside, I was greeted by the inviting aroma of fresh herbs and simmering sauces. The menu boasts a selection of handmade pastas that are both comforting and delicious. I savored the gnocchi, which was exquisite, and it didn’t break the bank! The casual ambiance is perfect for a laid-back meal with friends. For anyone on a budget craving authentic flavors, Subito is definitely a must-try spot that proves you don’t need to splurge for a taste of Italy!

You might also want to check out the best mexican restaurants in Downtown Indianapolis.

Sauce on the Side

Sauce on the Side
🗺️ 130 S Pennsylvania St Suite 2, Indianapolis, IN 46204
☎️ 317-757-2859
🌐 Website
Sunday: 12–8 PM
Monday: 11 AM–9 PM
Tuesday: 11 AM–9 PM
Wednesday: 11 AM–9 PM
Thursday: 11 AM–9 PM
Friday: 11 AM–10 PM
Saturday: 11 AM–10 PM

Sauce on the Side truly knocked my socks off with its delicious calzones. This charming spot is perfect for a casual lunch or dinner, where flavors shine without breaking the bank. The menu boasts an array of creative fillings and house-made sauces that promise to tantalize your taste buds. I opted for the classic pepperoni and ricotta, and each bite was a delightful blend of cheesy goodness and zesty marinara. The atmosphere is relaxed and inviting, making it an ideal hangout for friends. Overall, if you’re searching for a budget-friendly eatery with a twist, this gem is a must-visit!

You might also want to check out the best restaurant in Evansville.

Che Chori

Che Chori
🗺️ 3124 W 16th St, Indianapolis, IN 46222
☎️ 317-737-2012
🌐 Website
Sunday: 11 AM–4 PM
Monday: Closed
Tuesday: 9 AM–9 PM
Wednesday: 9 AM–9 PM
Thursday: 9 AM–9 PM
Friday: 9 AM–9 PM
Saturday: 11 AM–9 PM

Che Chori is a delightful gem in Indianapolis that serves up authentic Argentine street food at incredibly reasonable prices. The moment I stepped in, the aroma of grilled meats enveloped me, making my mouth water. I indulged in their famous choripán—grilled chorizo in perfectly crusty bread, topped with zingy chimichurri. Each bite was a fiesta! The vibrant, casual atmosphere invites you to sit back and savor every morsel. Plus, the friendly staff exudes warmth, making you feel right at home. If you're looking for satisfying and affordable eats, Che Chori is a must-visit on your culinary journey in Indy!

You might also want to check out the best food in Downtown Indianapolis.

Yats

Yats
🗺️ 5363 N College Ave, Indianapolis, IN 46220
☎️ 317-253-8817
🌐 Website
Sunday: 11 AM–7 PM
Monday: 11 AM–8:30 PM
Tuesday: 11 AM–8:30 PM
Wednesday: 11 AM–8:30 PM
Thursday: 11 AM–8:30 PM
Friday: 11 AM–8:30 PM
Saturday: 11 AM–8:30 PM

Yats is a delightful gem tucked away in the heart of Indianapolis! This vibrant eatery serves up hearty Cajun comfort food that warms both the belly and the soul. I indulged in their famous crawfish étouffée, rich and flavorful, with just the right kick. The portions are generous, and the prices are delightfully budget-friendly. Plus, the casual, funky atmosphere makes it a perfect spot to dive into a bowl of savory goodness surrounded by friends. If you're on the hunt for delicious yet affordable eats, Yats should be at the top of your list!

You might also want to check out the best restaurant in Muncie.

The Good Spot

The Good Spot
🗺️ 2023 Southeastern Ave, Indianapolis, IN 46201
☎️ 317-943-9111
🌐 Website
Sunday: Closed
Monday: Closed
Tuesday: 11 AM–11 PM
Wednesday: 11 AM–11 PM
Thursday: 11 AM–11 PM
Friday: 11 AM–12 AM
Saturday: 11 AM–12 AM

I recently dined at The Good Spot, and let me tell you, this place lives up to its name! Nestled in a cozy corner of Indianapolis, it offers a delightful menu filled with affordable yet delicious options. I savored their mouthwatering sandwiches, each bursting with flavor and creativity. The ambiance is laid-back, perfect for unwinding after a busy day. Plus, the staff is genuinely friendly, making you feel right at home. If you’re looking for a budget-friendly eatery that doesn’t skimp on quality, then The Good Spot is a must-visit. Your taste buds will thank you!

You might also want to check out the best restaurant in Kokomo.

Emily JohnsonE
WRITTEN BY

Emily Johnson

Emily is a passionate writer and local enthusiast based in Indianapolis, Indiana, where she explores the city's vibrant culture, history, and hidden gems. With a knack for storytelling, she aims to connect readers with the heart of the Hoosier state through her engaging articles and insightful observations.

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Food tour map
The Local's Blackbook 📓

The 48-Hour Insider Itinerary to Indianapolis

Join our Indiana Insider newsletter and get our 48-hour insider itinerary to the top hidden spots in Indianapolis.

  • Custom 3-stop crawl with QR codes for easy navigation
  • 5 photo-worthy hidden gems (Instagram gold)
  • Insider timing tips: when to go to skip crowds
  • Top spots in your inbox every week
Emily Johnson
Indianapolis Black Book
The Local's Blackbook 📓

INSIDER ITINERARY

Join our Indiana Insider newsletter and get our 48-hour insider itinerary to the top hidden spots in Indianapolis.