
Cheap Homes for Rent in Augusta Neighborhood of Indianapolis, IN from $400 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Augusta area of Indianapolis.


4843 Oakwood Trail

4827 Flat Stone Pl

2939 Driving Wind Way
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.

6645 Ahern Ct

4839 Oakwood Trail

6342 Hazelhatch Dr

8070 Chiltern Dr
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.
Augusta, Indianapolis, IN Local Guide

How much does it cost to rent a home in Augusta?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Augusta 2 Bedroom Homes for Rent | $1,550 | $1,550 | $1,550 |
Augusta 3 Bedroom Homes for Rent | $1,850 | $1,595 | $2,345 |
Augusta 4 Bedroom Homes for Rent | $2,244 | $2,045 | $2,495 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Augusta Neighborhood of Indianapolis, IN.
Explore Indianapolis
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 $620. Annhurst has the second lowest priced unit, which is a Studio apartment currently listed from $729. 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 | $620 |
Annhurst | Studio | Studio,1BA | $729 |
King's Reserve College Park 55+ Active Living | Studio King | Studio,1BA | $799 |
Best Value Apartments for Rent in Augusta, IN
As of September 11, 2025 the best value apartment in the Augusta area is the $1.31 price per square foot Three Bedroom 2.5 Bath Townhome Model at Lakeshore Reserve Off 86th Apartments and Townhomes in the in the Spring Arbor neighborhood starting from $1,765. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Lakeshore Reserve Off 86th Apartments and Townhomes | Three Bedroom 2.5 Bath Townhome | 3BR,2.5BA | $1.31 |
Private Reserve Townhomes | The Newburgh | 2BR,1.5BA | $1.07 |
Willow Lake Apartments | Meridian | 1BR,1.5BA | $1.45 |
The Grove on Harcourt | 2 Bed 2 Bath Apartment - Premier | 2BR,2BA | $1.16 |
The Woods of Eagle Creek | The Den: Two Bedroom Townhome | 2BR,1.5BA | $1.42 |
The Elliott at College Park Apartment Homes | Two Bedroom 1.5 Bath | 2BR,1.5BA | $1.31 |
Westbury Court | Two Bedroom One Bathroom (CN1) | 2BR,1BA | $1.04 |
Covered Bridge | One Bedroom One Bath | 1BR,1BA | $1.21 |
Lake Camelot Apartments | 1 Bedroom Garden | 1BR,1BA | $1.21 |
Estates at Crystal Bay | One Bedroom One Bath | 1BR,1BA | $1.33 |
Frequently Asked Questions about Augusta
What type of rentals are currently available in Augusta?
There are currently 38 Apartments for Rent in Augusta, IN with pricing that ranges from $605 to $1,975. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Augusta ranging from $1,550 to $2,495.
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 $1,550 to $2,495 with an average monthly rent of $1,881.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.