Cheap Apartments for Rent in the Allisonville Neighborhood of Indianapolis, IN from $800 (12 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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Cheapest Available Allisonville Apartments for Rent

 

The cheapest available apartment rental in the Allisonville area of Indianapolis, IN is a 1 Bed unit found at A62 Apartments priced from $891. Lake Castleton has the second lowest priced unit, which is a 1 Bed apartment currently listed from $896. Here are the most affordable Allisonville apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
A62 ApartmentsLePetit Luxe1BR,1BA$891
Lake CastletonCongressional1BR,1BA$896
Williamsburg NorthAshland1BR,1BA$950
Trails at LakesideVictoria1BR,1BA$999
Fountain ParcThe Magic1BR,1BA$1,025

Best Value Apartments for Rent in Allisonville, IN

As of June 11, 2025 the best value apartment in the Allisonville area is the $1.15 price per square foot 2Bd/2Ba Up W/D Model at Ivy Knoll Apartments in the in the Roxbury neighborhood starting from $1,379. The second greatest value Allisonville apartment is the Pintail Model at Lake Clearwater Apartments starting at $1,615 with a $1.68 price per square foot in the Roxbury 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.
Ivy Knoll Apartments2Bd/2Ba Up W/D2BR,2BA$1.15
Lake Clearwater ApartmentsPintail1BR,1BA$1.68
Castleton Manor ApartmentsThe Banyan1BR,1.5BA$1.33
Fountain ParcThe Wealth1BR,1BA$1.65
Williamsburg NorthAshland1BR,1BA$1.21
TGM Autumn WoodsA21BR,1BA$1.42
Bayview Club ApartmentsSweetwater Lake1BR,1BA$1.45
Chateau in the Woods1 Bd/1 Ba Sm ABY1BR,1BA$1.47
TGM Shadeland StationA11BR,1BA$1.53
A62 ApartmentsLePetit1BR,1BA$1.60

Getting Around the Allisonville Neighborhood in Indianapolis, IN

Walk Score®

52 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

50 / 100

Bikeable

Some bike infrastructure

Transit Score®

18 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Allisonville Apartments

What is the price of a cheap apartment in Allisonville?

The cheapest apartment in Allisonville is A62 Apartments which is listed at $891, while the average apartment in Allisonville costs $1,731.

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 11 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 $202 which is $1,529 cheaper than the average rent for all rentals in Allisonville.

Expert Rental Resources

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