
Cheap Apartments for Rent in the Airport District Indianapolis, IN from $700 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Airport District area of Indianapolis.


Stone Ridge Flats and Townhomes

Alpine Studios

Home Place Senior Living

Abbey Apartments - Affordable Senior Housing

Aspen Pointe Apartments
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.

Arborwood Apartments

Valley Brook MHC

Deerfield Acres

The Oasis

Glenwood

Camby Crossing
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.
Airport District, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Airport District?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Airport District Studio Apartments | $1,481 | $1,015 | $1,779 |
| Airport District 1 Bedroom Apartments | $1,216 | $778 | $1,699 |
| Airport District 2 Bedroom Apartments | $1,382 | $1,105 | $2,179 |
| Airport District 3 Bedroom Apartments | $1,657 | $1,340 | $2,266 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 3 mile radius of the Airport District Neighborhood of Indianapolis, IN.
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Airport District, Indianapolis, IN Local Guide
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Cheapest Available Airport District Apartments for Rent
 The cheapest available apartment rental in the Airport District area of Indianapolis, IN is a 1 Bed unit found at Abbey Apartments - Affordable Senior Housing priced from $778. The Oasis has the second lowest priced unit, which is a 1 Bed apartment currently listed from $994. Here are the most affordable Airport District apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Abbey Apartments - Affordable Senior Housing | One Bedroom | 1BR,1BA | $778 |
| The Oasis | The Jasper | 1BR,1BA | $994 |
| Home Place Senior Living | 1 BD 1 BTH | 1BR,1BA | $1,000 |
| Horizons Apartments | The Aspiration | 2BR,1BA | $1,045 |
| Mann Village Apartments | 1 Bedroom Apartment | 1BR,1BA | $1,049 |
Best Value Apartments for Rent in Airport District, IN
As of May 30, 2026 the best value apartment in the Airport District area is the $1.92 price per square foot The Sebastian II Model at The Bristol Apartments in the in the Airport District neighborhood starting from $1,929. The second greatest value Airport District apartment is the The Driftwood Model at Arborwood Apartments starting at $1,249 with a $1.33 price per square foot in the Airport District neighborhood. Here is today’s list of the best values for Airport District apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Bristol Apartments | The Sebastian II | 2BR,2BA | $1.92 |
| Arborwood Apartments | The Driftwood | 2BR,2BA | $1.33 |
| Stone Ridge Flats and Townhomes | Cobalt | 2BR,1BA | $1.54 |
| Aspen Pointe Apartments | Arbor | 2BR,1BA | $1.50 |
| Horizons Apartments | The Aspiration | 2BR,1BA | $1.39 |
| The Oasis | The Jasper | 1BR,1BA | $1.44 |
| Alpine Studios | Aspen | 1BR,1BA | $1.80 |
| Home Place Senior Living | 1 BD 1 BTH | 1BR,1BA | $1.56 |
| Mann Village Apartments | 1 Bedroom Apartment | 1BR,1BA | $1.72 |
| Abbey Apartments - Affordable Senior Housing | One Bedroom | 1BR,1BA | $1.45 |
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 Airport District, Indianapolis, IN
School data provided by Great Schools
Frequently Asked Questions about Cheap Airport District Apartments
What is the price of a cheap apartment in Airport District?
The cheapest apartment in Airport District is Abbey Apartments - Affordable Senior Housing which is listed at $778, while the average apartment in Airport District costs $1,650.
What types of apartments are the cheapest in Airport District?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 24 regular apartments in Airport District that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Airport District?
Cheap apartments in Airport District have an average cost of $697 which is $953 cheaper than the average rent for all rentals in Airport District.
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
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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
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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
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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

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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.

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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.

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.