Cheap Homes for Rent in Augusta Neighborhood of Indianapolis, IN from $400 (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 1 Bed unit found at The Meridian North and South priced from $699. Annhurst has the second lowest priced unit, which is a 1 Bed apartment currently listed from $809. Here are the most affordable Augusta apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Meridian North and SouthA2S South1BR,1BA$699
AnnhurstOne Bed One Bath1BR,1BA$809
Lake Camelot Apartments1 Bedroom Garden1BR,1BA$810

Best Value Apartments for Rent in Augusta, IN

As of November 02, 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 The Den: Two Bedroom Townhome Model at The Woods of Eagle Creek starting at $1,354 with a $1.35 price per square foot in the Cheswick Place 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.
Private Reserve TownhomesThe Newburgh2BR,1.5BA$1.07
The Woods of Eagle CreekThe Den: Two Bedroom Townhome2BR,1.5BA$1.35
The Grove on 79th1 Bed 1.5 Bath Apartment - Renovated1BR,1.5BA$1.12
Westbury CourtTwo Bedroom One Bathroom (CN1)2BR,1BA$1.07
The Grove on Harcourt1 Bed 1.5 Bath Large Apartment - Reno1BR,1.5BA$1.15
The Elliott at College Park Apartment HomesOne Bedroom1BR,1BA$1.34
Covered BridgeOne Bedroom One Bath1BR,1BA$1.16
Lake Camelot Apartments1 Bedroom Garden1BR,1BA$1.16
Estates at Crystal BayOne Bedroom One Bath1BR,1BA$1.28
AnnhurstOne Bed One Bath1BR,1BA$1.40

Frequently Asked Questions about Augusta

What type of rentals are currently available in Augusta?

There are currently 41 Apartments for Rent in Augusta, IN with pricing that ranges from $597 to $2,005. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Augusta ranging from $400 to $2,395.

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 $400 to $2,395 with an average monthly rent of $1,662.

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.

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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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.