Cheap Apartments for Rent in the Allisonville Neighborhood of Indianapolis, IN from $600 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Allisonville area of Indianapolis.

The Life at Harrison Trails

M Club Apartments

Timber Point Apartments

Brockton Apartments & Townhomes

Veridian Castleton
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Williamsburg North

A62 Apartments

Avery Point Apartments

Trails at Lakeside

TGM Avalon Lake

Lake Castleton

Chateau in the Woods

TGM Autumn Woods
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TGM Shadeland Station

Lenox Apartments

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Castleton Manor Apartments
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Riverbend Apartments

Parkside at Castleton Square Apartments and Townhomes

Waterside at Castleton

Fallwood

The Masters Apartments

Fountain Parc

Woods of Castleton

River Crossing

Bayview Club Apartments

Lakeshore Apartments
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Allisonville, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Allisonville?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Allisonville Studio Apartments | $1,179 | $649 | $1,724 |
Allisonville 1 Bedroom Apartments | $1,304 | $842 | $2,329 |
Allisonville 2 Bedroom Apartments | $1,557 | $954 | $3,044 |
Allisonville 3 Bedroom Apartments | $1,945 | $1,210 | $3,938 |
Allisonville 4 Bedroom Apartments | $1,505 | $1,400 | $2,000 |
Browse Apartments in this Neighborhood
There are currently 28 rentals with your search options within a 2 mile radius of the Allisonville Neighborhood of Indianapolis, IN.
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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 $889. Here are the most affordable Allisonville apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Glenstone Studios | Studio | Studio,1BA | $649 |
M Club Apartments | S1 | Studio,1BA | $889 |
Timber Point Apartments | The Ayers | 1BR,1BA | $890 |
Brockton Apartments & Townhomes | Studio | Studio,1BA | $919 |
Williamsburg North | Ashland | 1BR,1BA | $950 |
A62 Apartments | LePetit | 1BR,1BA | $999 |
Trails at Lakeside | Victoria | 1BR,1BA | $1,025 |
Chateau in the Woods | 1 Bd/1 Ba Sm ABY | 1BR,1BA | $1,044 |
TGM Autumn Woods | A1 | 1BR,1BA | $1,045 |
TGM Shadeland Station | A1 | 1BR,1BA | $1,049 |
Best Value Apartments for Rent in Allisonville, IN
As of August 02, 2025 the best value apartment in the Allisonville area is the $1.04 price per square foot 2 Bed/2 Ba Den Up Model at Fallwood in the in the United Northeast neighborhood starting from $1,357. The second greatest value Allisonville apartment is the B4 - Townhome Model at Veridian Castleton starting at $1,403 with a $1.13 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Fallwood | 2 Bed/2 Ba Den Up | 2BR,2BA | $1.04 |
Veridian Castleton | B4 - Townhome | 2BR,1.5BA | $1.13 |
Ivy Knoll Apartments | 2Bd/2Ba Up W/D | 2BR,2BA | $1.19 |
Somerset Lakes | Leisure: One Bedroom Apartment With Den | 1BR,1BA | $1.42 |
TGM Avalon Lake | B1 | 2BR,1.5BA | $1.28 |
The Life at Harrison Trails | 2 BED 1 BATH | 2BR,1BA | $1.30 |
Castleton Manor Apartments | The Banyan | 1BR,1.5BA | $1.33 |
Lenox Apartments | 1 Bed 1 Bath Apartment - Upgraded | 1BR,1BA | $1.36 |
Williamsburg North | Ashland | 1BR,1BA | $1.21 |
Timber Point Apartments | The Ayers | 1BR,1BA | $1.23 |
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Allisonville Apartments
What is the Cheapest Studio apartment in Allisonville?
Currently the most affordable Cheap Studio Apartment in Allisonville is at Glenstone Studios listed at $649.
How much is rent for a Cheap One Bedroom Allisonville Apartment?
The lowest price for a Cheap One Bedroom Allisonville Apartment is $890 at Timber Point Apartments.
What is the lowest price for a Cheap Two Bedroom Allisonville Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Allisonville is starting from $954 at M Club Apartments.
What is the most affordable Allisonville Three Bedroom Apartment?
The best deal on a cheap Allisonville Three Bedroom Apartment rental is at Timber Point Apartments and starts from $1,210.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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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