Cheap Apartments for Rent in Fairland, IN from $600 (54 Rentals)

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

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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Summit Pointe
$1,213 - $1,892
Total Monthly Price

Total Monthly Price

Base Rent
$1,213 - $1,892
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Summit Pointe

2400 E Main StGreenwood, IN 46143
Corporate Housing
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The 85Twenty
Rent Specials
$1,245 - $1,806
Total Monthly Price

Total Monthly Price

Base Rent
$1,245 - $1,806
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The 85Twenty

8520 Sierra Ridge DrIndianapolis, IN 46239
Corporate Housing
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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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property at 202 E Taylor St

$525 - $645

1 Bedroom Rentals

Available Now

202 E Taylor St

ShelbyvilleIN46176

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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property at 4881 300W

$850 - $925

2 Bedroom Rentals

Available Now

4881 300W

New PalestineIN46163
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301 W Adams St
2 Bedroom Apartments

301 W Adams St

301 W Adams StFranklin, IN 46131
Student Housing
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Emerald Lakes
1 to 2 Bedroom Apartments

Emerald Lakes

1180 Emerald Lakes DrGreenwood, IN 46143

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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Fairland, IN Local Guide

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. The Fairways at Valle Vista in the Tracy Commons neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here is today’s list of the most affordable Fairland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Waterbury ApartmentsStudioStudio,1BA$775
The Fairways at Valle VistaBirdie1BR,1BA$899
Heathmoore - Indianapolis1 Bed 1 Bath1BR,1BA$925
Emerson VillageThe Cardinal - Premium1BR,1BA$927
Keeneland Crest ApartmentsBristol1BR,1BA$949
Courts of Valle Vista1Bd/1Ba-Dn (BV)1BR,1BA$959
Yorktowne Farms Community1 Bed 1 Bath1BR,1BA$975
Martin Estates ApartmentsTwo Bedroom One Bath2BR,1BA$999
St. Andrews1Bd/1Ba Superior Tub1BR,1BA$1,040
Water Dance Apartments2BR/1BA2BR,1BA$1,095

Best Value Apartments for Rent in Fairland, IN and Nearby

As of June 08, 2026 the best value apartment in the Fairland area is the $1.20 price per square foot L3 Model at The Links at Franklin in the in the Cityview Farm neighborhood starting from $1,937. The second greatest value Fairland apartment is the Breezewood Model at Redwood Indianapolis starting at $1,861 with a $1.41 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Fairland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Links at FranklinL33BR,2BA$1.20
Redwood IndianapolisBreezewood2BR,2BA$1.41
Greenwood Oaks2 Bed/2.5 Bath Town Home2BR,2.5BA$1.11
Summit PointeThe Denali2BR,2BA$1.18
Lakes of WindsorChurchill2BR,2BA$1.39
Keeneland Crest ApartmentsCamden2BR,1BA$1.34
Martin Estates ApartmentsTwo Bedroom One Bath2BR,1BA$1.04
Encore Apartments2BR/1.5BA2BR,1.5BA$1.30
Water Dance Apartments2BR/1BA2BR,1BA$1.27
Yorktowne Farms Community1 Bed 1 Bath1BR,1BA$1.43

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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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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Real 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.

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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.

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Fairland, IN

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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 $899 at The Fairways at Valle Vista.

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 Yorktowne Farms Community and starts from $1,375.

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.

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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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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.