Cheap Homes for Rent in Augusta New Augusta Neighborhood of Indianapolis, IN from $1,000 (9 Rentals)

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Search the lowest-cost Homes available for rent right now in the Augusta New Augusta 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.

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.

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 Dogwood Glen priced from $690. King's Reserve College Park 55+ Active Living has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here are the most affordable Augusta New Augusta apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Dogwood GlenStudio 1 BathStudio,1BA$690
King's Reserve College Park 55+ Active LivingStudio KingStudio,1BA$699
Reflections ApartmentsReplicaStudio,1BA$799

Best Value Apartments for Rent in Augusta New Augusta, IN

As of April 30, 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 The Emerald & The Jade Model at Crooked Creek starting at $1,345 with a $1.35 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
Crooked CreekThe Emerald & The Jade2BR,1.5BA$1.35
Estates at Crystal BayTwo Bedroom 1.5 Bath Townhouse 1000 sq ft2BR,1.5BA$1.13
The Elliott at College Park Apartment HomesTwo Bedroom 1.5 Bath2BR,1.5BA$1.32
Lake Camelot Apartments2 Bedroom Garden2BR,1BA$1.07
The Meridian North and SouthB1S North2BR,1BA$1.26
Covered BridgeOne Bedroom One Bath1BR,1BA$1.18
Oakbrook VillageThe Willow 1B 1BB1BR,1BA$1.44
Lakeshore Reserve Off 86th Apartments and TownhomesOne Bedroom1BR,1BA$1.49
AnnhurstOne Bed One Bath1BR,1BA$1.47

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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.

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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.

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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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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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Frequently Asked Questions about Augusta New Augusta

What type of rentals are currently available in Augusta New Augusta?

There are currently 44 Apartments for Rent in Augusta New Augusta, IN with pricing that ranges from $690 to $2,215. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Augusta New Augusta ranging from $1,099 to $3,315.

What is the current price range for Rental Homes in Augusta New Augusta?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Augusta New Augusta ranges from $1,099 to $3,315 with an average monthly rent of $1,979.

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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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.

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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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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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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

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.