Cheap Apartments for Rent in the Allisonville Neighborhood of Indianapolis, IN from $600 (42 Rentals)

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

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M Club Apartments
Rent Specials
$738 - $2,027
Total Monthly Price

Total Monthly Price

Base Rent
$738 - $2,027
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

M Club Apartments

7007 Courthouse DrIndianapolis, IN 46226
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Lake Castleton Apartments
Rent Specials
$980 - $1,654
Total Monthly Price

Total Monthly Price

Base Rent
$980 - $1,654
Total Monthly Price
$980 - $1,654
Studio to 2 Bedroom Apartments Available Now

Lake Castleton Apartments

7601 Carlton Arms DrIndianapolis, IN 46256
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Chateau De Ville
Studio to 4 Bedroom Apartments

Chateau De Ville

5303 Rue De VilleIndianapolis, IN 46220
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Fountain Parc
1 to 3 Bedroom Apartments

Fountain Parc

4901 Whitton PlIndianapolis, IN 46220
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Northview
Studio to 2 Bedroom Apartments

Northview

8607 Cholla RdIndianapolis, IN 46240

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Showing Results 1-42, Page 1 of 1

Cheapest Available Allisonville Apartments for Rent

 

The cheapest available apartment rental in the Allisonville area of Indianapolis, IN is a Studio unit found at Glenstone Studios priced from $649. M Club Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $738. Here are the most affordable Allisonville apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Glenstone StudiosStudioStudio,1BA$649
M Club ApartmentsS1Studio,1BA$738
The Life at Harrison Trails1 BED 1 BATH A (LOFT)1BR,1BA$842
Timber Point ApartmentsThe Ayers1BR,1BA$880
A62 ApartmentsLePetit1BR,1BA$899
Summit at KeystoneThe Aspen1BR,1BA$919
BrocktonS1 Brockton VillageStudio,1BA$929
Chateau De VilleBordeauxStudio,1BA$931
Trails at LakesideVictoria1BR,1BA$950
Williamsburg NorthAshland1BR,1BA$950

Best Value Apartments for Rent in Allisonville, IN

As of May 27, 2026 the best value apartment in the Allisonville area is the $1.10 price per square foot Sanctuary: Two Bedroom Apartment Model at Somerset Lakes in the in the Nora neighborhood starting from $1,473. The second greatest value Allisonville apartment is the B4 - Townhome Model at Veridian Castleton starting at $1,470 with a $1.18 price per square foot in the Berkley Place neighborhood. Here is today’s list of the best values for Allisonville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Somerset LakesSanctuary: Two Bedroom Apartment2BR,2BA$1.10
Veridian CastletonB4 - Townhome2BR,1.5BA$1.18
Ivy Knoll Apartments2Bd/2Ba Dn W/D2BR,2BA$1.19
The Life at Harrison Trails2 BED 1 BATH2BR,1BA$1.30
The Lenox Apartment HomesThe Andover - Upgraded1BR,1BA$1.31
Castleton Manor ApartmentsThe Banyan1BR,1.5BA$1.25
Williamsburg NorthAshland1BR,1BA$1.21
Timber Point ApartmentsThe Ayers1BR,1BA$1.21
Summit at KeystoneThe Aspen1BR,1BA$1.31
M Club ApartmentsS1Studio ,1BA$1.34

Frequently Asked Questions about Cheap Allisonville Apartments

What is a cheap apartment in Allisonville?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Allisonville is under $950.

What is the price of a cheap apartment in Allisonville?

The cheapest apartment in Allisonville is M Club Apartments which is listed at $790, while the average apartment in Allisonville costs $1,710.

What types of apartments are the cheapest in Allisonville?

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 16 regular apartments in Allisonville 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 Allisonville?

Cheap apartments in Allisonville have an average cost of $106 which is $1,604 cheaper than the average rent for all rentals in Allisonville.

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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