Cheap Homes for Rent in Augusta Neighborhood of Indianapolis, IN from $400 (8 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 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 ListingModel NameBed/BathPriced From
Dogwood GlenStudio 1 BathStudio,1BA$620
AnnhurstStudioStudio,1BA$729
King's Reserve College Park 55+ Active LivingStudio KingStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Lakeshore Reserve Off 86th Apartments and TownhomesThree Bedroom 2.5 Bath Townhome3BR,2.5BA$1.31
Private Reserve TownhomesThe Newburgh2BR,1.5BA$1.07
Willow Lake ApartmentsMeridian1BR,1.5BA$1.45
The Grove on Harcourt2 Bed 2 Bath Apartment - Premier2BR,2BA$1.16
The Woods of Eagle CreekThe Den: Two Bedroom Townhome2BR,1.5BA$1.42
The Elliott at College Park Apartment HomesTwo Bedroom 1.5 Bath2BR,1.5BA$1.31
Westbury CourtTwo Bedroom One Bathroom (CN1)2BR,1BA$1.04
Covered BridgeOne Bedroom One Bath1BR,1BA$1.21
Lake Camelot Apartments1 Bedroom Garden1BR,1BA$1.21
Estates at Crystal BayOne Bedroom One Bath1BR,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.

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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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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.

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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.

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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.