
Cheap Homes for Rent in Aspen Ridge Neighborhood of Indianapolis, IN from $900 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Aspen Ridge area of Indianapolis.

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.

6340 Commons Dr
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.
Aspen Ridge, Indianapolis, IN Local Guide

How much does it cost to rent a home in Aspen Ridge?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Aspen Ridge 2 Bedroom Homes for Rent | $950 | $950 | $950 |
| Aspen Ridge 3 Bedroom Homes for Rent | $1,649 | $1,400 | $1,899 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Aspen Ridge Neighborhood of Indianapolis, IN.
Explore Indianapolis
Best Value Apartments for Rent in Aspen Ridge, IN
As of June 21, 2026 the best value apartment in the Aspen Ridge area is the $1.31 price per square foot 3 BEDROOM | 2 BATHROOM A Model at The Life at Wood Springs in the in the Timberview neighborhood starting from $1,664. The second greatest value Aspen Ridge apartment is the 2 Bedroom 1 Bathroom Model at Mariners Village Apartments starting at $1,164 with a $0.98 price per square foot in the Timberview neighborhood. Here is today’s list of the best values for Aspen Ridge apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Life at Wood Springs | 3 BEDROOM | 2 BATHROOM A | 3BR,2BA | $1.31 |
| Mariners Village Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.98 |
| Villa Del Sol Apartments | ??** Waiting List ** 3 Bed / 1.5 Bath Small Tow... | 3BR,1.5BA | $1.20 |
| The Maywood at Speedway | The Santa Maria | 2BR,1.5BA | $1.13 |
| 5841 W 25th St, Unit 1 or 4 | 5841 W 25th St | 2BR,1BA | $1.22 |
| Brickyard Flats | B1 | 2BR,1BA | $1.21 |
| The Life at Northwest Gardens | 2 BED 1 BATH | 2BR,1BA | $1.22 |
| The Life at White Pines | PINE | 1BR,1BA | $1.22 |
| Woodhaven Park | One Bedroom One Bath | 1BR,1BA | $1.30 |
| Waterfront Terrace | 1 Bed 1 Bath | 1BR,1BA | $1.31 |
Frequently Asked Questions about Aspen Ridge
What type of rentals are currently available in Aspen Ridge?
There are currently 46 Apartments for Rent in Aspen Ridge, IN with pricing that ranges from $767 to $3,261. There are also 3 Single Family Homes for rent, Condos, and Townhome rentals currently available in Aspen Ridge ranging from $950 to $1,899.
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 $950 to $1,899 with an average monthly rent of $1,299.
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.
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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.