Cheap Apartments for Rent in the Arden Neighborhood of Indianapolis, IN from $649 (45 Rentals)

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

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property at 6021 N College Ave

$1,725

Total Monthly Price

Total Monthly Price

Base Rent
$1,725
Total Monthly Price
$1,725

1 Bedroom, 1 Bath Home for Rent

Available Now

6021 N College Ave

IndianapolisIN46220
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Shore Acres
Studio to 3 Bedroom Apartments

Shore Acres

1105 Westfield Ct WIndianapolis, IN 46240

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Showing Results 1-45, Page 1 of 1

Arden, Indianapolis, IN Local Guide

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 $749. Here are the most affordable Arden apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Glenstone StudiosStudioStudio,1BA$649
The Meridian North and SouthA1P South1BR,1BA$749
Turtle CreekA1 Hickory1BR,1BA$859
LandmarkS1 RanierStudio,1BA$870
Monon Walk0x1Studio,1BA$895
Carrollton Manor Apartments1 Bed 1 Bath Unfurnished1BR,1BA$900
Meridian Lakes1Bed/1Ba-Dn (A)1BR,1BA$905
Wellington Square Apartments1BR/1BA1BR,1BA$926
Summit at KeystoneThe Aspen1BR,1BA$949
The Manning Apartment HomesStudioStudio,1BA$969

Best Value Apartments for Rent in Arden, IN

As of August 26, 2026 the best value apartment in the Arden area is the $1.25 price per square foot 7176B1 Model at Pinnacle on Meridian in the in the Nora neighborhood starting from $2,749. The second greatest value Arden apartment is the 2 Bed/1 Ba w/FP-Up Model at North Willow starting at $1,494 with a $1.30 price per square foot in the Spring Arbor neighborhood. Here is today’s list of the best values for Arden apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pinnacle on Meridian7176B12BR,2BA$1.25
North Willow2 Bed/1 Ba w/FP-Up2BR,1BA$1.30
Edison at Meridian Hills2 Bedroom 1 Bath2BR,1BA$1.29
Jade North ApartmentsPlan H2BR,1.5BA$1.10
Broad Ripple Flats2x1.52BR,1.5BA$1.23
The Grove on Harcourt1x1.5 Large Renovated1BR,1.5BA$1.34
Broad Ripple Trails2BR-L Rehab Village2BR,1BA$1.36
Willow BrookOne Bedroom One Bath1BR,1BA$1.43
Summit at KeystoneThe Aspen1BR,1BA$1.36
Wellington Square Apartments1BR/1BA1BR,1BA$1.35

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Pet Friendly Lifestyle
Arden, Indianapolis, IN

Ranked #43

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 a cheap apartment in Arden?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Arden is under $969.

What is the price of a cheap apartment in Arden?

The cheapest apartment in Arden is The Meridian North and South which is listed at $749, while the average apartment in Arden costs $1,259.

What types of apartments are the cheapest in Arden?

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 26 regular apartments in Arden 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 Arden?

Cheap apartments in Arden have an average cost of $122 which is $1,137 cheaper than the average rent for all rentals in Arden.

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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