
Cheap Homes for Rent in Fairland, IN from $500 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Fairland.


392 W Broadway St

529 West Washington St

316 E Franklin St

216 Progress Rd

106 W Broadway St
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.

217 N Hamilton St

321 E Mechanic St

4881 300W

317 East Washington St

34 Mildred St

10166 Southeastern Ave
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.
Fairland, IN Local Guide

How much does it cost to rent a home in Fairland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fairland 2 Bedroom Homes for Rent | $1,053 | $775 | $1,295 |
| Fairland 3 Bedroom Homes for Rent | $1,892 | $1,585 | $2,200 |
| Fairland 4 Bedroom Homes for Rent | $2,912 | $1,950 | $4,950 |
| Fairland 5 Bedroom Homes for Rent | $2,652 | $2,400 | $2,995 |
| Fairland 6 Bedroom Homes for Rent | $1,650 | $1,650 | $1,650 |
Browse Top Homes for Rent in Fairland
Explore Fairland
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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Waterbury Apartments | Studio | Studio,1BA | $775 |
| The Fairways at Valle Vista | Birdie | 1BR,1BA | $899 |
| Heathmoore - Indianapolis | 1 Bed 1 Bath | 1BR,1BA | $925 |
| Emerson Village | The Cardinal - Premium | 1BR,1BA | $927 |
| Keeneland Crest Apartments | Bristol | 1BR,1BA | $949 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Links at Franklin | L3 | 3BR,2BA | $1.20 |
| Redwood Indianapolis | Breezewood | 2BR,2BA | $1.41 |
| Greenwood Oaks | 2 Bed/2.5 Bath Town Home | 2BR,2.5BA | $1.11 |
| Summit Pointe | The Denali | 2BR,2BA | $1.18 |
| Lakes of Windsor | Churchill | 2BR,2BA | $1.39 |
| Keeneland Crest Apartments | Camden | 2BR,1BA | $1.34 |
| Martin Estates Apartments | Two Bedroom One Bath | 2BR,1BA | $1.04 |
| Encore Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.30 |
| Water Dance Apartments | 2BR/1BA | 2BR,1BA | $1.27 |
| Yorktowne Farms Community | 1 Bed 1 Bath | 1BR,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.
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 Fairland
What type of rentals are currently available in Fairland?
There are currently 50 Apartments for Rent in Fairland, IN with pricing that ranges from $690 to $2,449. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairland ranging from $525 to $4,950.
What is the current price range for Rental Homes in Fairland?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Fairland ranges from $525 to $4,950 with an average monthly rent of $1,840.
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

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.

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.

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.

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

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.

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.

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.

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.