
Cheap Homes for Rent in Augusta Neighborhood of Indianapolis, IN from $900 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Augusta area of Indianapolis.


1859 W 60th St

1857 W 60th St
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.

6920 Chrysler St

6072 Bettcher Ave

6920 Chrysler St
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.

6602 Michigan Rd
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 | $999 | $999 | $999 |
| Augusta 3 Bedroom Homes for Rent | $1,978 | $1,500 | $2,420 |
| Augusta 4 Bedroom Homes for Rent | $2,627 | $2,265 | $2,900 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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 $720. Carlton Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $810. 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 | $720 |
| Carlton Apartments | Villa | 1BR,1BA | $810 |
| Covered Bridge | One Bedroom One Bath | 1BR,1BA | $849 |
Best Value Apartments for Rent in Augusta, IN
As of June 08, 2026 the best value apartment in the Augusta area is the $1.19 price per square foot 3x2 Renovated Model at The Grove on Harcourt in the in the Spring Arbor neighborhood starting from $1,559. 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. |
|---|---|---|---|
| The Grove on Harcourt | 3x2 Renovated | 3BR,2BA | $1.19 |
| Private Reserve Townhomes | The Newburgh | 2BR,1.5BA | $1.07 |
| Westbury Court | Three Bedroom Townhome (T3) | 3BR,2.5BA | $1.19 |
| Lakes of Georgetown | D1201-M | 3BR,2BA | $1.37 |
| Lake Camelot Apartments | 2 Bedroom Townhome | 2BR,2BA | $1.01 |
| 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 | $1.29 |
| Crooked Creek | The Emerald & The Jade | 2BR,1.5BA | $1.42 |
| Covered Bridge | One Bedroom One Bath | 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 43 Apartments for Rent in Augusta, IN with pricing that ranges from $699 to $1,899. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Augusta ranging from $999 to $2,900.
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 $999 to $2,900 with an average monthly rent of $2,088.
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

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.

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.

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.

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

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.