
Cheap Homes for Rent in Arlington Woods Neighborhood of Indianapolis, IN from $800 (23 Rentals)
Search the lowest-cost Homes available for rent right now in the Arlington Woods area of Indianapolis.


6119 Nimitz Dr

6808 East 21st St

6126 Windsor Dr

3710 N Irvington Ave

2245 Admiral Dr

4200 N Arlington Ave, Unit 3
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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.

4622 E 30th St

6267 E 24th St

3934 N Grand Ave

3226 Wellington Ave

8254 Meadowlark Dr

2237 N Graham Ave

5417 East 21st St
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.

6947 E 48th St

3516 N Hawthorne Ln

7404 E 34th Pl

5919 E 16th St

8501 Athens Ct

4307 N Edmondson Ave

6649 Meadowlark Dr
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

8315 Meadowlark Dr

4430 N Longworth Ave
Arlington Woods, Indianapolis, IN Local Guide

How much does it cost to rent a home in Arlington Woods?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Arlington Woods 2 Bedroom Homes for Rent | $1,170 | $850 | $1,425 |
| Arlington Woods 3 Bedroom Homes for Rent | $1,424 | $850 | $1,945 |
| Arlington Woods 4 Bedroom Homes for Rent | $1,722 | $1,295 | $2,350 |
| Arlington Woods 5 Bedroom Homes for Rent | $2,047 | $1,700 | $2,395 |
| Arlington Woods 6 Bedroom Homes for Rent | $2,495 | $2,495 | $2,495 |
Browse Homes for Rent in this Neighborhood
There are currently 23 rentals with your search options within a 2 mile radius of the Arlington Woods Neighborhood of Indianapolis, IN.
Explore 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 Serenity Manor 55+ Independent Active Living priced from $659. Arlington Green (Indy Town) has the second lowest priced unit, which is a 1 Bed apartment currently listed from $717. Here are the most affordable Arlington Woods apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Serenity Manor 55+ Independent Active Living | Studio | Studio,1BA | $659 |
| Arlington Green (Indy Town) | Arlington Green 1 bedroom | 1BR,1BA | $717 |
| Olivewood | Studio | Studio,1BA | $750 |
| Frederick Square | Frederick Square 1 bedroom | 1BR,1BA | $790 |
| Kingston Square Apartments | The Ash | Studio,1BA | $799 |
Best Value Apartments for Rent in Arlington Woods, IN
As of July 06, 2026 the best value apartment in the Arlington Woods area is the $0.84 price per square foot Glen Ridge 2 bedroom Flat Model at Glen Ridge Manor Townhomes and Flats (Indy Town) in the in the Martindale neighborhood starting from $1,130. The second greatest value Arlington Woods apartment is the The Mansion - Three Bedroom Two Bath Model at Paragon Park starting at $1,399 with a $1.04 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 (Indy Town) | Glen Ridge 2 bedroom Flat | 2BR,1BA | $0.84 |
| Paragon Park | The Mansion - Three Bedroom Two Bath | 3BR,2BA | $1.04 |
| Shadeland Terrace Townhomes w/Full Basements | 2 BR / 1.5 BA | 2BR,1.5BA | $1.07 |
| Brookhaven Apartments | 2 Bed 1 Bath | 2BR,1BA | $0.89 |
| 60 - ADDISON APARTMENTS | Addison Apts - Gorgeous 2 Bed/1 Bath Apt | 2BR,1BA | $0.96 |
| Park Forest Apartments | 2BR/1BA | 2BR,1BA | $1.19 |
| Greenway Apartments | Greenway 2 bedroom | 2BR,1BA | $1.02 |
| Frederick Square | Frederick Square 1 bedroom | 1BR,1BA | $1.13 |
| Arlington Green (Indy Town) | Arlington Green 2 bedroom | 2BR,1BA | $1.23 |
| Serenity Manor 55+ Independent Active Living | Studio | Studio ,1BA | $1.10 |
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 $659 to $7,546. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in Arlington Woods ranging from $850 to $2,495.
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 $850 to $2,495 with an average monthly rent of $1,643.
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 $1,295 to $7,546, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $1,945. Four Bedroom Single-Family rentals are also available starting from $1,295 and Four Bedroom Apartments start at $1,536.
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

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.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.