Cheap Apartments for Rent in the Airport Neighborhood of Indianapolis, IN from $600 (9 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Airport area of Indianapolis.

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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.

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Valley Brook MHC
3 to 4 Bedroom Apartments

Valley Brook MHC

4620 S High School RdIndianapolis, IN 46241

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Cheapest Available Airport Apartments for Rent

 

The cheapest available apartment rental in the Airport area of Indianapolis, IN is a 1 Bed unit found at Windsor Park priced from $1,091. Alpine Studios has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,120. Here are the most affordable Airport apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Windsor Park1 Bedroom Apartment: The Abbey1BR,1BA$1,091
Alpine StudiosAlpine1BR,1BA$1,120
SuncrestStarburst1BR,1BA$1,145

Best Value Apartments for Rent in Airport, IN

As of May 22, 2026 the best value apartment in the Airport area is the $0.99 price per square foot King Model at Residences on Ronald Reagan in the in the West Wayne neighborhood starting from $1,477. The second greatest value Airport apartment is the Pine | Renovated Model at Double Creek Flats Apartments starting at $2,044 with a $1.60 price per square foot in the Avon Creek Estates neighborhood. Here is today’s list of the best values for Airport apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Residences on Ronald ReaganKing3BR,2BA$0.99
Double Creek Flats ApartmentsPine | Renovated3BR,2BA$1.60
Stone Ridge Flats and TownhomesCobalt2BR,1BA$1.58
Aspen Pointe ApartmentsArbor2BR,1BA$1.41
SuncrestStarburst1BR,1BA$1.50
Windsor Park2 Bedroom Apartment: The Yorkshire2BR,1BA$1.77
Alpine StudiosAspen1BR,1BA$1.80

Frequently Asked Questions about Cheap Airport Apartments

What is the price of a cheap apartment in Airport?

The cheapest apartment in Airport is Alpine Studios which is listed at $1,120, while the average apartment in Airport costs $1,854.

What types of apartments are the cheapest in Airport?

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 12 regular apartments in Airport 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?

Cheap apartments in Airport have an average cost of $722 which is $1,132 cheaper than the average rent for all rentals in Airport.

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.

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