Cheap Homes for Rent in Aspen Ridge Neighborhood of Indianapolis, IN from $700 (4 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Done

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

Aspen Ridge, Indianapolis, IN Local Guide

Best Value Apartments for Rent in Aspen Ridge, IN

As of October 31, 2025 the best value apartment in the Aspen Ridge area is the $1.12 price per square foot 5831 Suburban Dr Model at 5831 Suburban Dr, Unit Home For Rent in the in the Cheswick Place neighborhood starting from $2,695. The second greatest value Aspen Ridge apartment is the 3x1.5 Townhouse Premium Model at The Meadows Apartment Homes starting at $1,519 with a $1.20 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.
5831 Suburban Dr, Unit Home For Rent5831 Suburban Dr5BR,2.5BA$1.12
The Meadows Apartment Homes3x1.5 Townhouse Premium3BR,1.5BA$1.20
Eagle CreekShine1BR,1BA$1.19
The Maywood at SpeedwayThe Santa Maria2BR,1.5BA$1.29
Villa Del Sol ApartmentsSpacious one bed one bathroom apartment1BR,1BA$1.04
The Life at White PinesPINE1BR,1BA$1.19
Brickyard FlatsA11BR,1BA$1.27
The Stratford1 Bedroom 1 Bathroom1BR,1BA$1.23
Fishermans VillageCobalt1BR,1BA$1.23
Wylde at Eagle CreekEagles Nest1BR,1BA$1.28

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 #67

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Aspen Ridge

What type of rentals are currently available in Aspen Ridge?

There are currently 47 Apartments for Rent in Aspen Ridge, IN with pricing that ranges from $610 to $3,656. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Aspen Ridge ranging from $700 to $2,065.

What is the current price range for Rental Homes in Aspen Ridge?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Aspen Ridge ranges from $700 to $2,065 with an average monthly rent of $1,464.

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.

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 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! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.