Cheap Apartments for Rent in Cumberland, IN from $400 (53 Rentals)

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Search the lowest-cost Apartments available for rent right now in Cumberland.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Indy 7925
Rent Specials
$1,063 - $1,785
Total Monthly Price

Total Monthly Price

Base Rent
$1,063 - $1,785
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Indy 7925

7925 Palawan DrIndianapolis, IN 46239
Corporate Housing
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  • 3D Tour

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

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Freeman Apartments
1 to 2 Bedroom Apartments

Freeman Apartments

9117 Briergate CtIndianapolis, IN 46229
  • Utilities Included

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

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Cumberland, IN Local Guide

Cheapest Available Cumberland Apartments for Rent

 

The cheapest available apartment rental in Cumberland, IN is a Studio unit found at Elmtree Park in the Southeast Indianapolis neighborhood priced from $685. Serenity Manor 55+ Independent Active Living in the Southeast Indianapolis neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here is today’s list of the most affordable Cumberland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Elmtree ParkStudio 1 BathStudio,1BA$685
Serenity Manor 55+ Independent Active Living1 Bedroom/1 Bathroom1BR,1BA$699
Spanish OaksStudioStudio,1BA$725
Autumn Trails ApartmentsThe MapleStudio,1BA$749
Kingston Square ApartmentsThe AshStudio,1BA$799
The Vineyards Apartment HomesStudio ClassicStudio,1BA$819
Knoll Ridge Townhomes1 Bed, 1 Bath1BR,1BA$850
English Village ApartmentsClassic One Bedroom Apartment Home1BR,1BA$850
Willowood EastOne Bed One Bath1BR,1BA$860
StonehengeStudioStudio,1BA$874

Best Value Apartments for Rent in Cumberland, IN

As of April 27, 2026 the best value apartment in the Cumberland area is the $1.08 price per square foot The Mansion - Three Bedroom Two Bath Model at Paragon Park in the in the Southeast Indianapolis neighborhood starting from $1,449. The second greatest value Cumberland apartment is the 4 Bed, 1.5 bath Townhome Model at Knoll Ridge Townhomes starting at $1,600 with a $1.28 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Cumberland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Paragon ParkThe Mansion - Three Bedroom Two Bath3BR,2BA$1.08
Knoll Ridge Townhomes4 Bed, 1.5 bath Townhome4BR,1.5BA$1.28
60 - ADDISON APARTMENTSLeasing Specials2BR,1BA$0.96
Warren Harbor ApartmentsThe Luxor2BR,2BA$1.32
Apartments @ Marten Court2x1 with washer/dryer2BR,1BA$1.23
The Life at Belhaven Place2 Bed 2 Bath2BR,2BA$1.25
CrosswindsEarhart2BR,1BA$1.28
Bristol Square1 Bedroom Loft1BR,1.5BA$1.13
Cumberland Manor2 Bedroom 1 Bath2BR,1BA$1.30
Serenity Manor 55+ Independent Active LivingStudioStudio ,1BA$1.19

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com

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Frequently Asked Questions about Cheap Cumberland Apartments

What is the Cheapest Studio apartment in Cumberland?

Currently the most affordable Cheap Studio Apartment in Cumberland is at Elmtree Park listed at $685.

How much is rent for a Cheap One Bedroom Cumberland Apartment?

The lowest price for a Cheap One Bedroom Cumberland Apartment is $699 at Serenity Manor 55+ Independent Active Living.

What is the lowest price for a Cheap Two Bedroom Cumberland Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Cumberland is starting from $949 at Autumn Trails Apartments.

What is the most affordable Cumberland Three Bedroom Apartment?

The best deal on a cheap Cumberland Three Bedroom Apartment rental is at Jamestowne Apartments and starts from $1,100.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis

Written by: Wendy Melton

Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Written by: Wendy Melton

Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

decorative image for Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods article

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Written by: Wendy Melton

My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

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Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Written by: Wendy Melton

Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

Articles, How-To's, and Tips

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.