
Cheap Apartments for Rent near Fairland, IN from $600 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Fairland.


403-407 E Washington St

Waterbury Apartments

Somerset Place

Water Dance Apartments

The Fairways at Valle Vista

Cimarron Place
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.

Courts of Valle Vista

Eight37 Lofts

Emerson Village

Yorktowne Farms Community

202 E Taylor St

129 W Hendricks St

135 W Hendricks St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

214 W Franklin St

523 Miller Ave

Heathmoore - Indianapolis

106 W Broadway St

217 N Hamilton St

Encore Apartments

4881 300W
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.

Martin Estates Apartments

570 US-52
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 | $1,214 | $775 | $1,360 |
| Fairland 1 Bedroom Apartments | $1,299 | $750 | $1,868 |
| Fairland 2 Bedroom Apartments | $1,560 | $920 | $2,449 |
| Fairland 3 Bedroom Apartments | $1,821 | $1,390 | $2,418 |
Browse Top Apartments in Fairland
See all Apartments in FairlandExplore Fairland
Fairland, IN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $775. 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 | $775 |
| The Fairways at Valle Vista | Birdie | 1BR,1BA | $899 |
| Emerson Village | Cardinal | 1BR,1BA | $938 |
| Courts of Valle Vista | 1Bed/1Ba-Up (B) | 1BR,1BA | $939 |
Best Value Apartments for Rent in Fairland, IN and Nearby
As of July 23, 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 Winchester Model at Lakes of Windsor starting at $1,430 with a $1.39 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Links at Franklin | L3 | 3BR,2BA | $1.20 |
| Lakes of Windsor | Winchester | 2BR,1BA | $1.39 |
| Brixin Franklin | C1r | 2BR,2BA | $1.39 |
| Water Dance Apartments | 2BR/1BA | 2BR,1BA | $1.27 |
| Loper Commons | Two Bedroom Apartment I | 2BR,1BA | $1.47 |
| Washington Village Apartments | The Colonial | 1BR,1BA | $1.45 |
| Overlook at Valley Ridge Apartments | A2 - Napa | 1BR,1BA | $1.47 |
| St. Andrews | 1Bd/1Ba Superior Tub | 1BR,1BA | $1.41 |
| Yorktowne Farms Community | 1 Bed 1 Bath | 1BR,1BA | $1.46 |
| 523 Miller Ave | 1BR/1.0BA | 1BR,1BA | $1.29 |
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.
Read ArticleYour 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
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 $775 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 $991 at Emerson Village.
What is the most affordable Fairland Three Bedroom Apartment?
The best deal on a cheap Fairland Three Bedroom Apartment rental is at Washington Village Apartments and starts from $1,469.
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

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.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.