
Cheap Apartments for Rent in Fountaintown, IN from $400 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in Fountaintown.


Reflections I

The Mill

403-407 E Washington St

Elmtree Park

Heathmoore - Indianapolis

Willowood East

LILA

Knoll Ridge Townhomes
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.

English Village Apartments

4881 300W, Unit 8

Stonehenge

Water Dance Apartments

4881 300W, Unit 21

Lake Marina Apartments

Cimarron Place

Bristol Square

Eight37 Lofts
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.

Keeneland Crest Apartments

Cumberland Manor

The Life at Belhaven Place

Willow Glen East

Warren Harbor Apartments

Loper Commons

Greenfield Knoll Apartments

Preserve on Blue Road Apartments

Greenfield Crossing
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.

Latitudes Apartments

Crosswinds

Teal Run Apartments

Washington Village Apartments

Grace Lane Apartments

Greenfield Village

Total Monthly Price
Summit Pointe

Total Monthly Price
The 85Twenty

Iron Trail
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.

Total Monthly Price
Indy 7925

Lakes of Windsor

106 W Pennsylvania St

529 West Washington St

108 W Pennsylvania St

2142 W US Hwy 40

Bavarian Village Apartments

106 W Broadway St

4881 300W
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.

Martin Estates Apartments

Sugar Creek Apartments

10166 Southeastern Ave
Fountaintown, IN Local Guide

How much does it cost to rent an apartment in Fountaintown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fountaintown Studio Apartments | $835 | $481 | $1,340 |
| Fountaintown 1 Bedroom Apartments | $1,257 | $479 | $3,415 |
| Fountaintown 2 Bedroom Apartments | $1,497 | $780 | $3,525 |
| Fountaintown 3 Bedroom Apartments | $1,780 | $1,225 | $2,600 |
| Fountaintown 4 Bedroom Apartments | $1,700 | $1,600 | $1,800 |
Browse Top Apartments in Fountaintown
See all Apartments in FountaintownExplore Fountaintown
Fountaintown, IN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Fountaintown Apartments for Rent and Nearby
 The cheapest available apartment rental in Fountaintown, IN is a Studio unit found at LINCOLN PARK APARTMENTS priced from $645. Reflections I has the second lowest priced unit, which is a 1 Bed apartment currently listed from $722. Here is today’s list of the most affordable Fountaintown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| LINCOLN PARK APARTMENTS | Studio | Studio,1BA | $645 |
| Reflections I | 1x1 40%t | 1BR,1BA | $722 |
| Elmtree Park | Studio 1 Bath | Studio,1BA | $755 |
| Willowood East | Studio | Studio,1BA | $820 |
| English Village Apartments | Classic One Bedroom Apartment Home | 1BR,1BA | $850 |
| Knoll Ridge Townhomes | 1 Bed, 1 Bath | 1BR,1BA | $850 |
| Stonehenge | Studio | Studio,1BA | $859 |
| Bavarian Village Apartments | The Challis 1 BR 1 BA | 1BR,1BA | $860 |
| Lake Marina Apartments | The Runabout | 1BR,1BA | $899 |
| Bristol Square | 1 Bedroom Loft | 1BR,1BA | $910 |
Best Value Apartments for Rent in Fountaintown, IN and Nearby
As of May 30, 2026 the best value apartment in the Fountaintown area is the $1.26 price per square foot Forestwood Model at Redwood Greenfield in the starting from $1,624. The second greatest value Fountaintown apartment is the 3 Bed, 1.5 Bath Townhome Model at Knoll Ridge Townhomes starting at $1,400 with a $1.22 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Fountaintown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Redwood Greenfield | Forestwood | 2BR,2BA | $1.26 |
| Knoll Ridge Townhomes | 3 Bed, 1.5 Bath Townhome | 3BR,1.5BA | $1.22 |
| Country Lake Townhomes | The Prince | 2BR,1.5BA | $1.35 |
| The Life at Belhaven Place | 2 Bed 2 Bath | 2BR,2BA | $1.25 |
| Water Dance Apartments | 2BR/1BA | 2BR,1BA | $1.27 |
| Bristol Square | 1 Bedroom Loft | 1BR,1.5BA | $1.13 |
| LINCOLN PARK APARTMENTS | Studio | Studio ,1BA | $0.81 |
| Cumberland Manor | 2 Bedroom 1 Bath | 2BR,1BA | $1.20 |
| Warren Harbor Apartments | The York | 1BR,1BA | $1.34 |
| Martin Estates Apartments | One Bedroom One Bath | 1BR,1BA | $1.36 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Fountaintown, IN Rentals by Map
See the most popular apartments and homes in Fountaintown, IN
Frequently Asked Questions about Cheap Fountaintown Apartments
What is the Cheapest Studio apartment in Fountaintown?
Currently the most affordable Cheap Studio Apartment in Fountaintown is at LINCOLN PARK APARTMENTS listed at $645.
How much is rent for a Cheap One Bedroom Fountaintown Apartment?
The lowest price for a Cheap One Bedroom Fountaintown Apartment is $722 at Reflections I.
What is the lowest price for a Cheap Two Bedroom Fountaintown Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Fountaintown is starting from $949 at Cumberland Manor.
What is the most affordable Fountaintown Three Bedroom Apartment?
The best deal on a cheap Fountaintown Three Bedroom Apartment rental is at Eight37 Lofts and starts from $1,291.
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

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.

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.

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.