Cheap Homes for Rent in Augusta Neighborhood of Indianapolis, IN from $1,500 (6 Rentals)

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

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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 King's Reserve College Park 55+ Active Living priced from $699. The Meridian North and South has the second lowest priced unit, which is a 1 Bed apartment currently listed from $779. Here are the most affordable Augusta apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
King's Reserve College Park 55+ Active LivingStudio KingStudio,1BA$699
The Meridian North and SouthA2S South1BR,1BA$779
Carlton ApartmentsVilla1BR,1BA$800

Best Value Apartments for Rent in Augusta, IN

As of April 23, 2026 the best value apartment in the Augusta area is the $1.27 price per square foot Cumberland Model at Willow Lake Apartments in the in the Spring Arbor neighborhood starting from $1,840. The second greatest value Augusta apartment is the The Newburgh Model at Private Reserve Townhomes starting at $1,379 with a $1.07 price per square foot in the Spring Arbor neighborhood. Here is today’s list of the best values for Augusta apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Willow Lake ApartmentsCumberland2BR,2BA$1.27
Private Reserve TownhomesThe Newburgh2BR,1.5BA$1.07
Estates at Crystal BayTwo Bedroom 1.5 Bath Townhouse 1000 sq ft2BR,1.5BA$1.23
The Woods of Eagle CreekThe Den: Two Bedroom Townhome2BR,1.5BA$1.40
Lakeshore Reserve Off 86th Apartments and TownhomesTwo Bedroom 2 Bath2BR,2BA$1.39
The Elliott at College Park Apartment HomesTwo Bedroom 1.5 Bath2BR,1.5BA$1.32
Lake Camelot Apartments2 Bedroom Garden2BR,1BA$1.07
Covered BridgeOne Bedroom One Bath1BR,1BA$1.21
Westbury CourtStandard One Bedroom (SN4M)1BR,1BA$1.44
The Meridian North and SouthA2S South1BR,1BA$1.38

Frequently Asked Questions about Augusta

What type of rentals are currently available in Augusta?

There are currently 40 Apartments for Rent in Augusta, IN with pricing that ranges from $699 to $2,215. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Augusta ranging from $1,599 to $3,455.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Augusta ranges from $1,599 to $3,455 with an average monthly rent of $2,050.

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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Articles, How-To's, and Tips

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