
Cheap Homes for Rent in Arden Neighborhood of Indianapolis, IN from $1,700 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Arden area of Indianapolis.


6021 N College Ave

6215 Indianola Ave

2525 Solana Way
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

6156 Haverford Ave

5858 N College Ave

1035 Helen Dr
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Arden, Indianapolis, IN Local Guide

How much does it cost to rent a home in Arden?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Arden 2 Bedroom Homes for Rent | $1,747 | $1,700 | $1,795 |
Arden 3 Bedroom Homes for Rent | $2,250 | $2,100 | $2,400 |
Arden 5 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Arden Neighborhood of Indianapolis, IN.
Explore Indianapolis
Arden, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Pines at SoBro has the second lowest priced unit, which is a Studio apartment currently listed from $704. 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 Pines at SoBro | Studio Apartment | Studio,1BA | $704 |
Grove on Harcourt | 3 Bed 2 Bath Apartment - Upgraded | 3BR,2BA | $798 |
Best Value Apartments for Rent in Arden, IN
As of June 22, 2025 the best value apartment in the Arden area is the $1.32 price per square foot Two Bedroom with Bonus Room (7176B2) Model at Pinnacle on Meridian in the in the Nora neighborhood starting from $2,899. 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 | Two Bedroom with Bonus Room (7176B2) | 2BR,2BA | $1.32 |
Townes at Winthrop | 2 Bed, 2.5 Bath, 2 car Garage Townhome | 2BR,2.5BA | $1.19 |
Everly at Meridian Hills | Orchid | 3BR,2BA | $1.07 |
Edison at Meridian Hills | 2 Bedroom 2 Bath | 2BR,2BA | $1.13 |
North Willow | 2 Bed/1 Bath-Dn | 2BR,1BA | $1.28 |
Somerset Lakes | Leisure: One Bedroom Apartment With Den | 1BR,1BA | $1.37 |
Grove on Harcourt | 1 Bed 1.5 Bath Large Apartment | 1BR,1.5BA | $1.22 |
Highland Pointe | Summit Premium | 2BR,2BA | $1.31 |
Jade North Apartments | Plan G | 1BR,1BA | $1.29 |
Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $1.35 |
Quick 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.
Frequently Asked Questions about Arden
What type of rentals are currently available in Arden?
There are currently 56 Apartments for Rent in Arden, IN with pricing that ranges from $649 to $5,283. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Arden ranging from $1,700 to $4,500.
What is the current price range for Rental Homes in Arden?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Arden ranges from $1,700 to $4,500 with an average monthly rent of $2,573.
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.