
Cheap Apartments for Rent near Fairland, IN from $690 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in Fairland.


Waterbury Apartments

Somerset Place

Water Dance Apartments

Cimarron Place

Courts of Valle Vista
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Eight37 Lofts

Emerson Village

The Fairways at Valle Vista

Yorktowne Farms Community

6447 S Franklin Rd

316 E Franklin St
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108 W Pennsylvania St

202 E Taylor St

129 W Hendricks St

135 W Hendricks St

106 W Broadway St

403-407 E Washington St
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Heathmoore - Indianapolis

523 Miller Ave

321 E Mechanic St

529 W Taylor St

Encore Apartments

124 E Taylor St
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570 US-52

Martin Estates Apartments
Fairland, IN Local Guide

How much does it cost to rent an apartment in Fairland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fairland Studio Apartments | $1,167 | $690 | $1,529 |
| Fairland 1 Bedroom Apartments | $1,267 | $885 | $1,897 |
| Fairland 2 Bedroom Apartments | $1,530 | $920 | $2,449 |
| Fairland 3 Bedroom Apartments | $1,798 | $1,286 | $2,475 |
Browse Top Apartments in Fairland
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Fairland, IN Local Guide
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Cheapest Available Fairland Apartments for Rent and Nearby
 The cheapest available apartment rental in Fairland, IN is a Studio unit found at Waterbury Apartments in the Tracy Commons neighborhood priced from $775. 523 Miller Ave in the Downtown Shelbyville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Fairland apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Waterbury Apartments | Studio | Studio,1BA | $775 |
| 523 Miller Ave | 1BR/1.0BA | 1BR,1BA | $800 |
| Courts of Valle Vista | 1Bed/1Ba-Up (A) | 1BR,1BA | $924 |
| Eight37 Lofts | The Crossroads 50% | 1BR,1BA | $932 |
| Emerson Village | Cardinal | 1BR,1BA | $938 |
| The Fairways at Valle Vista | Ace | 1BR,1BA | $999 |
| Martin Estates Apartments | Two Bedroom One Bath | 2BR,1BA | $999 |
| Yorktowne Farms Community | 1 Bed 1 Bath | 1BR,1BA | $1,000 |
| Heathmoore - Indianapolis | 1 Bed 1 Bath | 1BR,1BA | $1,005 |
| Mission Hills | A2 Costa Mesa | 1BR,1BA | $1,014 |
Best Value Apartments for Rent in Fairland, IN and Nearby
As of September 07, 2026 the best value apartment in the Fairland area is the $1.46 price per square foot Ledgewood Model at Redwood Indianapolis in the in the Southeast Indianapolis neighborhood starting from $2,124. The second greatest value Fairland apartment is the 2 Bed/2.5 Bath Town Home Model at Greenwood Oaks starting at $1,509 with a $1.17 price per square foot in the Winchester Village neighborhood. Here is today’s list of the best values for Fairland apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Redwood Indianapolis | Ledgewood | 2BR,2BA | $1.46 |
| Greenwood Oaks | 2 Bed/2.5 Bath Town Home | 2BR,2.5BA | $1.17 |
| Lakes of Windsor | Winchester | 2BR,1BA | $1.39 |
| Martin Estates Apartments | Two Bedroom One Bath | 2BR,1BA | $1.04 |
| St. Andrews | 2Bd/2Ba T | 2BR,2BA | $1.35 |
| Water Dance Apartments | 2BR/1BA | 2BR,1BA | $1.27 |
| Keeneland Crest Apartments | Bristol | 1BR,1BA | $1.40 |
| Washington Village Apartments | The Colonial | 1BR,1BA | $1.37 |
| Yorktowne Farms Community | 1 Bed 1 Bath | 1BR,1BA | $1.46 |
| 523 Miller Ave | 1BR/1.0BA | 1BR,1BA | $1.33 |
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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Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Fairland, IN
Triton Central Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Fairland, IN Rentals by Map
See the most popular apartments and homes in Fairland, IN
Frequently Asked Questions about Cheap Fairland Apartments
What is the Cheapest Studio apartment in Fairland?
Currently the most affordable Cheap Studio Apartment in Fairland is at Waterbury Apartments listed at $775.
How much is rent for a Cheap One Bedroom Fairland Apartment?
The lowest price for a Cheap One Bedroom Fairland Apartment is $800 at 523 Miller Ave.
What is the lowest price for a Cheap Two Bedroom Fairland Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Fairland is starting from $999 at Martin Estates Apartments.
What is the most affordable Fairland Three Bedroom Apartment?
The best deal on a cheap Fairland Three Bedroom Apartment rental is at Loper Commons and starts from $1,379.
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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Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

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