
Cheap Apartments for Rent in the Arden Neighborhood of Indianapolis, IN from $600 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Arden area of Indianapolis.


Total Monthly Price
The Meridian North and South

Reflections Apartments

Broad Ripple Trails

Wellington Square Apartments

Meridian Lakes

Summit at Keystone

Turtle Creek
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Landmark

Total Monthly Price
Lincolnshire Apartments

The Grove on 79th

Jade North Apartments

Carrollton Manor Apartments

4901 N Washington Blvd

The Pines at SoBro

Brockton
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The Grove on Harcourt

The Eclipse Apartment Homes

Willow Brook

The Manning Apartment Homes

Woodlake

Vetra 5480

Edison at Meridian Hills

Shore Acres
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River House

Broad Ripple Flats

VITRA Apartments

Total Monthly Price
Monon Living

Versa

Total Monthly Price
The Coil

AYR Apartments

Edgewater Apartments
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The Line

Solana Apartments

The Ripple

Everly at Meridian Hills

Total Monthly Price
North Willow

Shore Acres

Monon Walk Apartments

Compton Court Apartments
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Arden, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Arden?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Arden Studio Apartments | $1,175 | $649 | $5,283 |
| Arden 1 Bedroom Apartments | $1,326 | $709 | $3,267 |
| Arden 2 Bedroom Apartments | $1,466 | $819 | $4,148 |
| Arden 3 Bedroom Apartments | $1,733 | $1,144 | $5,067 |
Browse Apartments in this Neighborhood
There are currently 40 rentals with your search options within a 2 mile radius of the Arden Neighborhood of Indianapolis, IN.
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Arden, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
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Cheapest Available Arden Apartments for Rent
 The cheapest available apartment rental in the Arden area of Indianapolis, IN is a Studio unit found at Glenstone Studios priced from $649. The Meridian North and South has the second lowest priced unit, which is a 1 Bed apartment currently listed from $764. Here are the most affordable Arden apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Glenstone Studios | Studio | Studio,1BA | $649 |
| The Meridian North and South | A7S South | 1BR,1BA | $764 |
| Reflections Apartments | Expressions | Studio,1BA | $824 |
| Broad Ripple Trails | STUD-S | Studio,1BA | $839 |
| Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $842 |
| Meridian Lakes | 1Bed/1Ba-Up (A) | 1BR,1BA | $849 |
| Turtle Creek | Studio | Studio,1BA | $859 |
| Landmark | Ranier | Studio,1BA | $870 |
| Lincolnshire Apartments | 1 Bedroom Garden Level | 1BR,1BA | $875 |
| Jade North Apartments | Plan F | Studio,1BA | $900 |
Best Value Apartments for Rent in Arden, IN
As of February 25, 2026 the best value apartment in the Arden area is the $1.18 price per square foot 7176B1 Model at Pinnacle on Meridian in the in the Nora neighborhood starting from $2,599. The second greatest value Arden apartment is the 2 Bed, 2.5 Bath, 2 car Garage Townhome Model at Townes at Winthrop starting at $2,200 with a $1.19 price per square foot in the Warfleigh neighborhood. Here is today’s list of the best values for Arden apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pinnacle on Meridian | 7176B1 | 2BR,2BA | $1.18 |
| Townes at Winthrop | 2 Bed, 2.5 Bath, 2 car Garage Townhome | 2BR,2.5BA | $1.19 |
| Somerset Lakes | Sanctuary: Two Bedroom Apartment | 2BR,2BA | $1.11 |
| Edison at Meridian Hills | 2 Bedroom 1.5 Bath Townhome | 2BR,1.5BA | $1.26 |
| North Willow | 2 Bed/1 Ba w/FP-Up | 2BR,1BA | $1.23 |
| The Grove on Harcourt | 1x1,5 Renovated | 1BR,1.5BA | $1.23 |
| Broad Ripple Flats | 2x1 | 2BR,1BA | $1.38 |
| Carrollton Manor Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.20 |
| Summit at Keystone | The Aspen | 1BR,1BA | $1.22 |
| The Grove on 79th | 1x1 Classic | 1BR,1BA | $1.39 |
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Read ArticleYour Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
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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.
Pet Friendly LifestyleArden, Indianapolis, IN
Ranked #34
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Indianapolis. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, family-friendly amenities, raising pets, transit options, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Arden Apartments
What is the Cheapest Studio apartment in Arden?
Currently the most affordable Cheap Studio Apartment in Arden is at Glenstone Studios listed at $649.
How much is rent for a Cheap One Bedroom Arden Apartment?
The lowest price for a Cheap One Bedroom Arden Apartment is $764 at The Meridian North and South.
What is the lowest price for a Cheap Two Bedroom Arden Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Arden is starting from $844 at The Meridian North and South.
What is the most affordable Arden Three Bedroom Apartment?
The best deal on a cheap Arden Three Bedroom Apartment rental is at The Pines at SoBro and starts from $1,149.
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
Written by: Wendy Melton
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
Written by: Wendy Melton
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.

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My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.
Articles, How-To's, and Tips

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Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.