Cheap Homes for Rent in Arlington Woods Neighborhood of Indianapolis, IN from $700 (9 Rentals)

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Search the lowest-cost Homes available for rent right now in the Arlington Woods area of Indianapolis.

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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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 Serenity Manor 55+ Independent Active Living priced from $699. Peppermill Farms has the second lowest priced unit, which is a 1 Bed apartment currently listed from $735. Here are the most affordable Arlington Woods apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Serenity Manor 55+ Independent Active Living1 Bedroom/1 Bathroom1BR,1BA$699
Peppermill Farms1BR1BR,1BA$735
Autumn Trails ApartmentsThe MapleStudio,1BA$749

Best Value Apartments for Rent in Arlington Woods, IN

As of April 26, 2026 the best value apartment in the Arlington Woods area is the $1.08 price per square foot The Mansion - Three Bedroom Two Bath Model at Paragon Park in the in the Southeast Indianapolis neighborhood starting from $1,449. The second greatest value Arlington Woods apartment is the 2 BR / 1.5 BA Model at Shadeland Terrace Townhomes w/Full Basements starting at $1,395 with a $1.07 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Paragon ParkThe Mansion - Three Bedroom Two Bath3BR,2BA$1.08
Shadeland Terrace Townhomes w/Full Basements2 BR / 1.5 BA2BR,1.5BA$1.07
60 - ADDISON APARTMENTSLeasing Specials2BR,1BA$0.96
Brookhaven Apartments1 Bed 1 Bath1BR,1BA$0.91
Apartments @ Marten Court2x1 with washer/dryer2BR,1BA$1.23
The Vistas Apartment Homes2x1,5 Townhome Classic2BR,1.5BA$1.10
Frederick SquareFrederick Square 2 bedroom2BR,1BA$1.01
Lawrence LandingOne Bedroom1BR,1BA$1.12
Indy Town ApartmentsArlington Green 2 bedroom2BR,1BA$1.20
Serenity Manor 55+ Independent Active LivingStudioStudio ,1BA$1.19

Frequently Asked Questions about Arlington Woods

What type of rentals are currently available in Arlington Woods?

There are currently 74 Apartments for Rent in Arlington Woods, IN with pricing that ranges from $695 to $7,161. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Arlington Woods ranging from $795 to $2,350.

What is the current price range for Rental Homes in Arlington Woods?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Arlington Woods ranges from $795 to $2,350 with an average monthly rent of $1,268.

How much are larger Three and Four Bedroom Rentals in Arlington Woods?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Arlington Woods range from $1,329 to $7,161, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $1,895. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $1,825.

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.

Helpful Local Expert Guides

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Articles, How-To's, and Tips

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