Cheap Apartments for Rent in the Aspen Ridge Neighborhood of Indianapolis, IN from $600 (29 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Aspen Ridge 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.

Read Article

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.

Read Article

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.

Read Article
close
View Me
Heather Ridge
1 to 3 Bedroom Apartments

Heather Ridge

3245 Heather Ridge DrIndianapolis, IN 46214
  • Utilities Included

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.

Read Article
close
View Me
Brickyard Flats
Studio to 3 Bedroom Apartments

Brickyard Flats

6363 Hollister DrSpeedway, IN 46224
Showing Results 1-29, Page 1 of 1

Aspen Ridge, Indianapolis, IN Local Guide

Cheapest Available Aspen Ridge Apartments for Rent

 

The cheapest available apartment rental in the Aspen Ridge area of Indianapolis, IN is a Studio unit found at Fishermans Village priced from $619. The Stratford has the second lowest priced unit, which is a Studio apartment currently listed from $620. Here are the most affordable Aspen Ridge apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Fishermans VillageAquaStudio,1BA$619
The StratfordStudioStudio,1BA$620
Cambridge CommonsStudioStudio,1BA$750
Mariners VillageStudioStudio,1BA$769
Darby CourtStandard One Bedroom (SN1)1BR,1BA$801
The Life at White PinesPINE1BR,1BA$809
The Meadows Apartment HomesHartford 1x1 - Classic1BR,1BA$819
Scarborough Lake ApartmentsThe Sunset 1 BR 1 BA1BR,1BA$823
Spinnaker CourtVilla1BR,1BA$828
Woodhaven ParkOne Bedroom One Bath1BR,1BA$839

Best Value Apartments for Rent in Aspen Ridge, IN

As of December 19, 2025 the best value apartment in the Aspen Ridge area is the $1.26 price per square foot Redbud Model at Park at Eagle Creek in the in the Timberview neighborhood starting from $1,595. The second greatest value Aspen Ridge apartment is the CYPRESS Model at The Life at White Pines starting at $1,536 with a $1.28 price per square foot in the Cheswick Place neighborhood. Here is today’s list of the best values for Aspen Ridge apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Park at Eagle CreekRedbud3BR,2BA$1.26
The Life at White PinesCYPRESS3BR,2BA$1.28
Eagle CreekShine1BR,1BA$1.12
The Maywood at SpeedwayThe Santa Maria2BR,1.5BA$1.29
Eagle Creek CourtTwo Bedroom One Bathroom (CN1)2BR,1BA$1.14
Brickyard FlatsB12BR,1BA$1.24
The Stratford1 Bedroom 1 Bathroom1BR,1BA$1.18
Woodhaven ParkOne Bedroom One Bath1BR,1BA$1.29
Fishermans VillageCobalt1BR,1BA$1.28
Mariners VillageStudioStudio ,1BA$1.27

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Aspen Ridge, Indianapolis, IN

Ranked #61

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Aspen Ridge, Indianapolis, and the greater Indianapolis area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Aspen Ridge Apartments

What is a cheap apartment in Aspen Ridge?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Aspen Ridge is under $839.

What is the price of a cheap apartment in Aspen Ridge?

The cheapest apartment in Aspen Ridge is Fishermans Village which is listed at $799, while the average apartment in Aspen Ridge costs $1,594.

What types of apartments are the cheapest in Aspen Ridge?

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 107 regular apartments in Aspen Ridge 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 Aspen Ridge?

Cheap apartments in Aspen Ridge have an average cost of $302 which is $1,292 cheaper than the average rent for all rentals in Aspen Ridge.

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.

Articles, How-To's, and Tips

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!