
Cheap Apartments for Rent near Gwynneville, IN from $400 (62 Rentals)
Search the lowest-cost Apartments available for rent right now in Gwynneville.


Reflections I

The Mill

Willowood East

Academy Place Apartments

Spanish Oaks

Jamestown Village

Bavarian Village Apartments

English Village Apartments

Knoll Ridge Townhomes
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.

Stonehenge

Sunspring Apartments - a 55+ Community

The Vineyards Apartment Homes

Water Dance Apartments

Lake Marina Apartments

Bristol Square

Cimarron Place

Eight37 Lofts

Willow Glen East

Cumberland Manor
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Warren Harbor Apartments

Greenfield Village

Loper Commons

Country Lake Estates

STONE RUN VILLAS

SPICELAND VILLAS

Knightstown Villas

906 W South St

Washington Village Apartments

Cedar Ridge
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Crosswinds

The Life at Belhaven Place

Preserve on Blue Road Apartments

Greenfield Knoll Apartments

Teal Run Apartments

Greenfield Crossing

RUSHVILLE VILLAS

Grace Lane Apartments

Total Monthly Price
BroadAcre Apartments of McCordsville

Total Monthly Price
Indy 7925
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.

Latitudes Apartments

McCord Square Apartments

LILA

202 E Taylor St

129 W Hendricks St

135 W Hendricks St

Elmtree Park

403-407 E Washington St

106 W Broadway St

523 Miller 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.
Gwynneville, IN Local Guide

How much does it cost to rent an apartment in Gwynneville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Gwynneville Studio Apartments | $800 | $482 | $1,078 |
| Gwynneville 1 Bedroom Apartments | $1,210 | $479 | $1,868 |
| Gwynneville 2 Bedroom Apartments | $1,501 | $880 | $2,208 |
| Gwynneville 3 Bedroom Apartments | $1,766 | $1,115 | $2,600 |
| Gwynneville 4 Bedroom Apartments | $1,600 | $1,600 | $1,600 |
Browse Top Apartments in Gwynneville
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Gwynneville, IN Local Guide
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Cheapest Available Gwynneville Apartments for Rent and Nearby
 The cheapest available apartment rental in Gwynneville, IN is a Studio unit found at LINCOLN PARK APARTMENTS priced from $645. Elmtree Park in the Southeast Indianapolis neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $705. Here is today’s list of the most affordable Gwynneville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| LINCOLN PARK APARTMENTS | Studio | Studio,1BA | $645 |
| Elmtree Park | Studio 1 Bath | Studio,1BA | $705 |
| Spanish Oaks | Studio | Studio,1BA | $775 |
| 523 Miller Ave | 1BR/1.0BA | 1BR,1BA | $800 |
| English Village Apartments | INEGV 1x1 615sqft - Classic | 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 | $886 |
| The Vineyards Apartment Homes | Studio Classic | Studio,1BA | $889 |
| Lake Marina Apartments | The Runabout | 1BR,1BA | $899 |
Best Value Apartments for Rent in Gwynneville, IN and Nearby
As of August 17, 2026 the best value apartment in the Gwynneville area is the $1.28 price per square foot 4 Bed, 1.5 bath Townhome Model at Knoll Ridge Townhomes in the in the Southeast Indianapolis neighborhood starting from $1,600. The second greatest value Gwynneville apartment is the 2 Bed/2 Bath Up Model at Greenfield Knoll Apartments starting at $1,329 with a $1.11 price per square foot . Here is today’s list of the best values for Gwynneville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Knoll Ridge Townhomes | 4 Bed, 1.5 bath Townhome | 4BR,1.5BA | $1.28 |
| Greenfield Knoll Apartments | 2 Bed/2 Bath Up | 2BR,2BA | $1.11 |
| Crosswinds | Lindbergh | 3BR,2BA | $1.20 |
| Knightstown Villas | 3 Bed 2 Bath | 3BR,2BA | $1.12 |
| Martin Estates Apartments | Two Bedroom One Bath | 2BR,1BA | $1.04 |
| Reflections I | 2x2 50%xv | 2BR,2BA | $1.22 |
| The Life at Belhaven Place | 2 Bed 2 Bath | 2BR,2BA | $1.25 |
| Water Dance Apartments | 2BR/1BA | 2BR,1BA | $1.27 |
| LINCOLN PARK APARTMENTS | Studio | Studio ,1BA | $0.81 |
| 523 Miller Ave | 1BR/1.0BA | 1BR,1BA | $1.33 |
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 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 Gwynneville, IN Rentals by Map
See the most popular apartments and homes in Gwynneville, IN
Frequently Asked Questions about Cheap Gwynneville Apartments
What is the Cheapest Studio apartment in Gwynneville?
Currently the most affordable Cheap Studio Apartment in Gwynneville is at LINCOLN PARK APARTMENTS listed at $645.
How much is rent for a Cheap One Bedroom Gwynneville Apartment?
The lowest price for a Cheap One Bedroom Gwynneville Apartment is $800 at 523 Miller Ave.
What is the lowest price for a Cheap Two Bedroom Gwynneville Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Gwynneville is starting from $970 at Spanish Oaks.
What is the most affordable Gwynneville Three Bedroom Apartment?
The best deal on a cheap Gwynneville Three Bedroom Apartment rental is at Knightstown Villas and starts from $1,175.
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.
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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.