
Cheap Apartments for Rent in the Arlington Woods Neighborhood of Indianapolis, IN from $500 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Arlington Woods area of Indianapolis.


5126 East 21st St, Unit Indy prop 3

Indy Town Apartments

Autumn Trails Apartments

Serenity Manor 55+ Independent Senior Living

3003 N Webster Ave
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.

Brookhaven Apartments

Olivewood

Kingston Square Apartments

2248 N Leland Ave

Prairies Apartments
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.

6231 Windsor Dr
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Canterbury House Apartments - Franklin Road

4614 E 16th 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 | $836 | $749 | $990 |
Arlington Woods 1 Bedroom Apartments | $974 | $700 | $1,701 |
Arlington Woods 2 Bedroom Apartments | $1,295 | $845 | $2,558 |
Arlington Woods 3 Bedroom Apartments | $1,559 | $1,399 | $1,699 |
Arlington Woods 4 Bedroom Apartments | $1,835 | $1,750 | $1,920 |
Browse Apartments in this Neighborhood
There are currently 22 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 1 Bed unit found at Indy Town Apartments priced from $726. Autumn Trails Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $749. Here are the most affordable Arlington Woods apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Indy Town Apartments | Arlington Green 1 bedroom | 1BR,1BA | $726 |
Autumn Trails Apartments | The Maple | Studio,1BA | $749 |
Brookhaven Apartments | 1 Bed 1 Bath | 1BR,1BA | $825 |
Olivewood | Studio | Studio,1BA | $825 |
Kingston Square Apartments | The Ash | Studio,1BA | $829 |
Best Value Apartments for Rent in Arlington Woods, IN
As of June 30, 2025 the best value apartment in the Arlington Woods area is the $1.15 price per square foot Three Bedroom Two Bath Model at Paragon Park in the in the Southeast Indianapolis neighborhood starting from $1,539. The second greatest value Arlington Woods apartment is the Glen Ridge 2 Bedroom Townhome Model at Glen Ridge Manor Townhomes and Flats starting at $932 with a $0.80 price per square foot in the Martindale 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. |
---|---|---|---|
Paragon Park | Three Bedroom Two Bath | 3BR,2BA | $1.15 |
Glen Ridge Manor Townhomes and Flats | Glen Ridge 2 Bedroom Townhome | 2BR,1BA | $0.80 |
60 - ADDISON APARTMENTS | 2nd/3rd Floor Standard | 2BR,1BA | $0.95 |
Brookhaven Apartments | 1 Bed 1 Bath | 1BR,1BA | $0.86 |
Apartments @ Marten Court | 2x1 with washer/dryer | 2BR,1BA | $1.23 |
Vistas Apartments | 2 Bedroom 1.5 Bath Townhouse | 2BR,1.5BA | $1.18 |
Frederick Square | Frederick Square 2 bedroom | 2BR,1BA | $1.12 |
Greenway Apartments | Greenway 2 bedroom | 2BR,1BA | $1.09 |
Lawrence Landing | One Bedroom | 1BR,1BA | $1.10 |
Indy Town Apartments | Arlington Green 2 bedroom | 2BR,1BA | $1.21 |
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 $934.
What is the price of a cheap apartment in Arlington Woods?
The cheapest apartment in Arlington Woods is Indy Town Apartments which is listed at $718, while the average apartment in Arlington Woods costs $1,835.
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 13 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 $486 which is $1,349 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.

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.