
Cheap Apartments for Rent in the Arlington Woods Neighborhood of Indianapolis, IN from $400 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Arlington Woods area of Indianapolis.


Serenity Manor 55+ Independent Active Living

Indy Town Apartments

Autumn Trails Apartments

Canterbury House Apartments - Franklin Road
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2163 Admiral Dr

6228 East 21st St
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6226 East 21st St

5959 E 24th St
Arlington Woods, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Arlington Woods?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Arlington Woods Studio Apartments | $784 | $699 | $955 |
| Arlington Woods 1 Bedroom Apartments | $911 | $729 | $1,150 |
| Arlington Woods 2 Bedroom Apartments | $1,109 | $793 | $1,499 |
| Arlington Woods 3 Bedroom Apartments | $2,934 | $1,399 | $8,595 |
| Arlington Woods 4 Bedroom Apartments | $1,718 | $1,636 | $1,800 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Arlington Woods Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Cheapest Available Arlington Woods Apartments for Rent
 The cheapest available apartment rental in the Arlington Woods area of Indianapolis, IN is a Studio unit found at Olivewood priced from $699. Serenity Manor 55+ Independent Active Living has the second lowest priced unit, which is a Studio apartment currently listed from $715. Here are the most affordable Arlington Woods apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Olivewood | Studio | Studio,1BA | $699 |
| Serenity Manor 55+ Independent Active Living | Studio | Studio,1BA | $715 |
| Autumn Trails Apartments | The Maple | Studio,1BA | $749 |
| Frederick Square | Frederick Square 1 bedroom | 1BR,1BA | $763 |
| Indy Town Apartments | Arlington Green 2 bedroom | 2BR,1BA | $793 |
Best Value Apartments for Rent in Arlington Woods, IN
As of November 14, 2025 the best value apartment in the Arlington Woods area is the $0.82 price per square foot Glen Ridge 2 bedroom Flat Model at Glen Ridge Manor Townhomes and Flats in the in the Martindale neighborhood starting from $1,098. The second greatest value Arlington Woods apartment is the Two Bedroom 1.5 Bath Model at Paragon Park starting at $1,219 with a $1.00 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Arlington Woods apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Glen Ridge Manor Townhomes and Flats | Glen Ridge 2 bedroom Flat | 2BR,1BA | $0.82 |
| Paragon Park | Two Bedroom 1.5 Bath | 2BR,1.5BA | $1.00 |
| Brookhaven Apartments | 2 Bed 1 Bath | 2BR,1BA | $0.89 |
| Lawrence Landing | Two Bedroom | 2BR,1.5BA | $1.03 |
| 60 - ADDISON APARTMENTS | 1st Floor Standard | 2BR,1BA | $0.95 |
| Apartments @ Marten Court | 2x1 with washer/dryer | 2BR,1BA | $1.15 |
| The Vistas Apartment Homes | 2 Bedroom 1.5 Bath Townhouse | 2BR,1.5BA | $1.10 |
| Serenity Manor 55+ Independent Active Living | 1 Bedroom/1 Bathroom | 1BR,1BA | $1.22 |
| Frederick Square | Frederick Square 1 bedroom | 1BR,1BA | $1.09 |
| Indy Town Apartments | Arlington Green 2 bedroom | 2BR,1BA | $1.16 |
Getting Around the Arlington Woods Neighborhood in Indianapolis, IN
Walk Score®
38 / 100
Car-Dependent
Most errands require a car
Bike Score®
39 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
33 / 100
Some Transit
A few nearby public transportation options
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 Arlington Woods Apartments
What is a cheap apartment in Arlington Woods?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Arlington Woods is under $925.
What is the price of a cheap apartment in Arlington Woods?
The cheapest apartment in Arlington Woods is Frederick Square which is listed at $763, while the average apartment in Arlington Woods costs $1,718.
What types of apartments are the cheapest in Arlington Woods?
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 14 regular apartments in Arlington Woods 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 Arlington Woods?
Cheap apartments in Arlington Woods have an average cost of $722 which is $996 cheaper than the average rent for all rentals in Arlington Woods.
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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