3712 Oil Creek Dr
IndianapolisIN46268
Cheap Apartments for Rent in the Augusta Neighborhood of Indianapolis, IN from $500 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Augusta area of Indianapolis.
8056 Pebble Creek Ct
IndianapolisIN46268
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$695 - $2,030Studio to 2 Bedroom Apartments Available Now
Dogwood Glen
2390 Woodglen DrIndianapolis, IN 46260
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$699 - $1,937Studio to 3 Bedroom Apartments Available Now
The Meridian North and South
2085 Waterford PlIndianapolis, IN 46260
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$746 - $1,4041 to 3 Bedroom Apartments Available Now
Westbury Court
7747 Santa Monica DrIndianapolis, IN 46268
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.
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$800 - $1,2001 to 2 Bedroom Apartments Available Now
Carlton Apartments
2629 Plaza DrIndianapolis, IN 46268
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$809 - $1,070Studio to 2 Bedroom Apartments Available Now
Annhurst
4958 Dawn DrIndianapolis, IN 46268
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$844 - $1,639Studio to 2 Bedroom Apartments Contact Us For Availability
King's Reserve College Park 55+ Active Living
8810 Colby BlvdIndianapolis, IN 46268
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$849 - $1,2791 to 3 Bedroom Apartments Available Now
Covered Bridge
4909 Covered Bridge RdIndianapolis, IN 46268
8056 Pebble Creek Ct
IndianapolisIN46268
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.
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$899 - $1,2391 to 2 Bedroom Apartments Available Now
The Grove on 79th
2000 W 79th StIndianapolis, IN 46260
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$900 - $1,879Studio to 3 Bedroom Apartments Available Now
Landmark
7653 Woodmore Trace TerIndianapolis, IN 46260
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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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Showing Results 1-17, Page 1 of 1
Augusta, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Augusta?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Augusta Studio Apartments | $947 | $695 | $1,150 |
| Augusta 1 Bedroom Apartments | $1,045 | $699 | $1,855 |
| Augusta 2 Bedroom Apartments | $1,252 | $804 | $2,080 |
| Augusta 3 Bedroom Apartments | $1,441 | $1,124 | $1,937 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Augusta Neighborhood of Indianapolis, IN.
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Augusta, Indianapolis, IN Local Guide
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Cheapest Available Augusta Apartments for Rent
The cheapest available apartment rental in the Augusta area of Indianapolis, IN is a Studio unit found at Dogwood Glen priced from $695. The Meridian North and South has the second lowest priced unit, which is a 1 Bed apartment currently listed from $727. Here are the most affordable Augusta apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Dogwood Glen | Studio 1 Bath | Studio,1BA | $695 |
| The Meridian North and South | A4S South | 1BR,1BA | $727 |
| Westbury Court | Standard One Bedroom (SN4) | 1BR,1BA | $797 |
| Lake Camelot Apartments | 1 Bedroom Garden | 1BR,1BA | $806 |
| Annhurst | One Bed One Bath | 1BR,1BA | $809 |
Best Value Apartments for Rent in Augusta, IN
As of December 19, 2025 the best value apartment in the 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 apartment is the 2 Bedroom Townhome Model at Lake Camelot Apartments starting at $1,318 with a $1.20 price per square foot in the Faith Knoll neighborhood. Here is today’s list of the best values for Augusta apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Private Reserve Townhomes | The Newburgh | 2BR,1.5BA | $1.07 |
| Lake Camelot Apartments | 2 Bedroom Townhome | 2BR,2BA | $1.20 |
| Willow Lake Apartments | Keystone | 1BR,1BA | $1.38 |
| The Woods of Eagle Creek | The Den: Two Bedroom Townhome | 2BR,1.5BA | $1.39 |
| The Grove on 79th | 1 Bed 1.5 Bath Apartment - Renovated | 1BR,1.5BA | $1.20 |
| The Grove on Harcourt | 1 Bed 1.5 Bath Large Apartment - Renovated | 1BR,1.5BA | $1.14 |
| Covered Bridge | One Bedroom One Bath | 1BR,1BA | $1.15 |
| The Meridian North and South | A1R North | 1BR,1BA | $1.35 |
| Oakbrook Village | The Walnut 1B 1BA | 1BR,1BA | $1.39 |
| Annhurst | One Bed One Bath | 1BR,1BA | $1.40 |
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.
Read ArticleYour 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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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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Lifestyle Ratings
Our team is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Indianapolis. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, transit availability, pet-friendly communities, family-friendly amenities, and other valuable search options. These search options are in the site filters at the top of this page.
Getting Around the Augusta Neighborhood in Indianapolis, IN
Walk Score®
39 / 100
Car-Dependent
Most errands require a car
Bike Score®
39 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
24 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Augusta Apartments
What is a cheap apartment in Augusta?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Augusta is under $946.
What is the price of a cheap apartment in Augusta?
The cheapest apartment in Augusta is The Meridian North and South which is listed at $704, while the average apartment in Augusta costs $1,415.
What types of apartments are the cheapest in 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 49 regular apartments in 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?
Cheap apartments in Augusta have an average cost of $221 which is $1,194 cheaper than the average rent for all rentals in 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.
Articles, How-To's, and Tips
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.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!