Cheap Apartments for Rent in Fountaintown, IN from $400 (45 Rentals)

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property at 2950 US-52

$850

2 Bedroom Rentals

Available Now

2950 US-52

New PalestineIN46163

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 4881 300W

$850

2 Bedroom Rentals

Available Now

4881 300W

New PalestineIN46163

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Fountaintown, IN Local Guide

Cheapest Available Fountaintown Apartments for Rent and Nearby

 

The cheapest available apartment rental in Fountaintown, IN is a 1 Bed unit found at LINCOLN PARK APARTMENTS priced from $470. Stonehenge in the Southeast Indianapolis neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $749. Here is today’s list of the most affordable Fountaintown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
LINCOLN PARK APARTMENTSOne Bedroom One Bathroom1BR,1BA$470
StonehengeStudioStudio,1BA$749
403 E Washington St1BR/1.0BA1BR,1BA$750
Heathmoore - IndianapolisStudio 1 BathStudio,1BA$775
LILAOne Bed - 671 Sqft1BR,1BA$830
Bristol Square1 Bedroom Loft1BR,1BA$860
Lake Marina ApartmentsThe Runabout1BR,1BA$899
Summit PointeThe Columbus1BR,1BA$920
Warren Harbor ApartmentsThe York1BR,1BA$925
English Village ApartmentsClassic One Bedroom Apartment Home1BR,1BA$929

Best Value Apartments for Rent in Fountaintown, IN and Nearby

As of January 12, 2026 the best value apartment in the Fountaintown area is the $1.11 price per square foot The Andes Model at Summit Pointe in the in the Muirfield neighborhood starting from $1,430. The second greatest value Fountaintown apartment is the 2x1.5 1111 TH Model at Willow Glen East starting at $1,330 with a $1.20 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Summit PointeThe Andes2BR,2BA$1.11
Willow Glen East2x1.5 1111 TH2BR,1.5BA$1.20
Greenfield Knoll Apartments2 Bed/ 1.5 Bath TH2BR,1.5BA$1.25
Reflections I2x2 60%ctv2BR,1BA$1.25
Keeneland Crest ApartmentsTuscan1BR,1BA$1.23
LINCOLN PARK APARTMENTSTwo Bedrooms One Bathroom2BR,1BA$0.89
Water Dance Apartments2BR/1BA2BR,1BA$1.27
Bristol Square1 Bedroom Loft1BR,1.5BA$1.06
Cumberland Manor2 Bedroom 1 Bath2BR,1BA$1.30
403 E Washington St1BR/1.0BA1BR,1BA$1.25

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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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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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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Quick Rent Budget Calculator

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 $470 at LINCOLN PARK APARTMENTS.

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 $780 at LINCOLN PARK APARTMENTS.

What is the most affordable Fountaintown Three Bedroom Apartment?

The best deal on a cheap Fountaintown Three Bedroom Apartment rental is at Bristol Square and starts from $1,225.

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.

Articles, How-To's, and Tips

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!