
Cheap Homes for Rent in Arden Neighborhood of Indianapolis, IN from $1,300 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Arden area of Indianapolis.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

920 E 62nd St, Unit U6
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.

6173 Meridian St W Dr
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 | $2,300 | $2,300 | $2,300 |
Arden 3 Bedroom Homes for Rent | $2,409 | $1,700 | $3,500 |
Browse Homes for Rent in this Neighborhood
There are currently 3 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
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Best Value Apartments for Rent in Arden, IN
As of September 09, 2025 the best value apartment in the Arden area is the $0.98 price per square foot 7176B1 Model at Pinnacle on Meridian in the in the Nora neighborhood starting from $2,149. 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 | $0.98 |
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 |
North Willow | 2 Bed/1 Ba w/FP-Up | 2BR,1BA | $1.30 |
The Grove on Harcourt | 2 Bed 2 Bath Apartment - Premier | 2BR,2BA | $1.16 |
Edison at Meridian Hills | 2 Bedroom 1 Bath | 2BR,1BA | $1.28 |
Edgewater Apartments | 2 Bedroom | 2BR,2BA | $1.28 |
Highland Pointe | Summit Lux | 2BR,2BA | $1.28 |
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.
Pet Friendly LifestyleArden, Indianapolis, IN
Ranked #39
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Arden
What type of rentals are currently available in Arden?
There are currently 60 Apartments for Rent in Arden, IN with pricing that ranges from $649 to $5,274. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Arden ranging from $1,650 to $3,500.
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 $1,650 to $3,500 with an average monthly rent of $2,119.
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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.