Cheap Apartments for Rent in the Augusta New Augusta Neighborhood of Indianapolis, IN from $500 (44 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Augusta New Augusta area of Indianapolis.

Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

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Hampshire Court
1 to 2 Bedroom Apartments

Hampshire Court

2455 Rolls DrIndianapolis, IN 46268
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Dogwood Glen
Studio to 2 Bedroom Apartments

Dogwood Glen

2390 Woodglen DrIndianapolis, IN 46260
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The Meridian North
1 to 3 Bedroom Apartments

The Meridian North

2100 Westlane RdIndianapolis, IN 46260
Corporate Housing
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Reflections Apartments
Studio to 3 Bedroom Apartments

Reflections Apartments

7999 Silverleaf DrIndianapolis, IN 46260
Corporate Housing
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Lake Camelot Apartments
1 to 3 Bedroom Apartments

Lake Camelot Apartments

6475 Excalibur CtIndianapolis, IN 46268
  • Utilities Included

Augusta New Augusta - One of the Best Affordable Neighborhoods in Indianapolis

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

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Oakbrook Village
1 to 3 Bedroom Apartments

Oakbrook Village

6098 Georgetown RdIndianapolis, IN 46254
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The Jameson
1 to 2 Bedroom Apartments

The Jameson

1854 Century WayIndianapolis, IN 46260
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Lakes of Georgetown
1 to 3 Bedroom Apartments

Lakes of Georgetown

6335 Sandyside DrIndianapolis, IN 46268
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Crooked Creek
1 to 2 Bedroom Apartments

Crooked Creek

3947 Point Bar RdIndianapolis, IN 46268

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-44, Page 1 of 1

Augusta New Augusta, Indianapolis, IN Local Guide

Cheapest Available Augusta New Augusta Apartments for Rent

 

The cheapest available apartment rental in the Augusta New Augusta area of Indianapolis, IN is a Studio unit found at Turtle Creek - Indianapolis priced from $749. Carlton Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $810. Here are the most affordable Augusta New Augusta apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Turtle Creek - IndianapolisS1 ShellStudio,1BA$749
Carlton ApartmentsVilla1BR,1BA$810
Reflections ApartmentsReplicaStudio,1BA$829
Estates at Crystal BayOne Bedroom One Bath1BR,1BA$865
The Meridian North and SouthB4S South2BR,1BA$869
LandmarkS1 RanierStudio,1BA$870
Enclave Park 100The EnclaveStudio,1BA$899
AnnhurstOne Bed One Bath1BR,1BA$915
Oakbrook VillageThe Walnut 1B 1BA1BR,1BA$946
The Manning Apartment HomesStudioStudio,1BA$969

Best Value Apartments for Rent in Augusta New Augusta, IN

As of July 29, 2026 the best value apartment in the Augusta New Augusta area is the $1.07 price per square foot The Newburgh Model at Private Reserve Townhomes in the in the Spring Arbor neighborhood starting from $1,379. The second greatest value Augusta New Augusta apartment is the 2x2.5 Apartment - Classic Model at The Grove on 79th starting at $1,259 with a $1.05 price per square foot in the Spring Arbor neighborhood. Here is today’s list of the best values for Augusta New Augusta apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Private Reserve TownhomesThe Newburgh2BR,1.5BA$1.07
The Grove on 79th2x2.5 Apartment - Classic2BR,2.5BA$1.05
North Willow2 Bed/1 Ba w/FP-Up2BR,1BA$1.16
Lakeshore Reserve Off 86th Apartments and TownhomesTwo Bedroom 2 Bath2BR,2BA$1.31
Bishop Pond Apartments2 Bedrooms, 2 Bathrooms2BR,2BA$1.55
The Grove on Harcourt1x1.5 Large Renovated1BR,1.5BA$1.33
Lakes of GeorgetownD7401BR,1BA$1.52
Oakbrook VillageThe Willow 1B 1BB1BR,1BA$1.41
Estates at Crystal BayOne Bedroom One Bath1BR,1BA$1.33
AnnhurstOne Bed One Bath1BR,1BA$1.59

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.

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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

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Pet Friendly Lifestyle
Augusta New Augusta, Indianapolis, IN

Ranked #95

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Augusta New Augusta, Indianapolis, IN

School data provided by Great Schools

Lifestyle Ratings

This website is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in areas across the United States and customized analysis for Indianapolis, Indiana. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, transit availability, pet-friendly communities, family-friendly amenities, and much more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Augusta New Augusta Apartments

What is a cheap apartment in Augusta New Augusta?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Augusta New Augusta is under $969.

What is the price of a cheap apartment in Augusta New Augusta?

The cheapest apartment in Augusta New Augusta is Carlton Apartments which is listed at $810, while the average apartment in Augusta New Augusta costs $1,756.

What types of apartments are the cheapest in Augusta New Augusta?

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 2 regular apartments in Augusta New Augusta 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 Augusta New Augusta?

Cheap apartments in Augusta New Augusta have an average cost of $113 which is $1,643 cheaper than the average rent for all rentals in Augusta New Augusta.

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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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.

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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.

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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.

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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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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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.

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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.

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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.