Cheap Apartments for Rent in the Ballinshire Estates Cobblestone Neighborhood of Indianapolis, IN from $500 (43 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Ballinshire Estates Cobblestone area of Indianapolis.

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.

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Wylde at Eagle Creek
Rent Specials
$928 - $2,434
Total Monthly Price

Total Monthly Price

Base Rent
$928 - $2,434

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Wylde at Eagle Creek

6612 Eagle Pointe DrIndianapolis, IN 46254
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

property at 6536 Lupine Ter

$1,280

Total Monthly Price

Total Monthly Price

Base Rent
$1,280

Total Monthly Price
$1,280

2 Bedroom, 1 Bath Condo for Rent

Available Now

6536 Lupine Ter, Unit 6536 Lupine Terrace

6536 Lupine Ter
IndianapolisIN46224

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Whispering Pines
1 to 3 Bedroom Apartments

Whispering Pines

4444 Mission DrIndianapolis, IN 46254
  • Utilities Included
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Aragon Woods
Studio to 3 Bedroom Apartments

Aragon Woods

8172 Aragon Woods DrIndianapolis, IN 46214
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Marabou Mills
Studio to 2 Bedroom Apartments

Marabou Mills

3402 Marabou Mills DrIndianapolis, IN 46214
Corporate Housing
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Heather Ridge
1 to 3 Bedroom Apartments

Heather Ridge

3245 Heather Ridge DrIndianapolis, IN 46214
  • Utilities Included

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.

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Honey Creek Apartments
2 to 3 Bedroom Apartments

Honey Creek Apartments

3510 N High School RdIndianapolis, IN 46224
  • Utilities Included
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Bradford Park
1 to 4 Bedroom Apartments

Bradford Park

3940 Crystal Pond WayIndianapolis, IN 46234
  • Utilities Included

Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

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Brickyard Flats
Studio to 3 Bedroom Apartments

Brickyard Flats

6363 Hollister DrSpeedway, IN 46224

Ballinshire Estates Cobblestone, Indianapolis, IN Local Guide

Cheapest Available Ballinshire Estates Cobblestone Apartments for Rent

 

The cheapest available apartment rental in the Ballinshire Estates Cobblestone area of Indianapolis, IN is a 1 Bed unit found at The Life at Wood Springs priced from $806. The Life at White Pines has the second lowest priced unit, which is a 1 Bed apartment currently listed from $849. Here are the most affordable Ballinshire Estates Cobblestone apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Life at Wood Springs1 BEDROOM | 1 BATHROOM A1BR,1BA$806
The Life at White PinesPINE1BR,1BA$849
Villa Del Sol Apartments?Your Perfect 1-Bedroom Awaits — Style, Space ...1BR,1BA$900
Astoria Park Apartment HomesOne Bedroom - 712 sqft1BR,1BA$910
Spinnaker CourtHideaway1BR,1BA$920
Woodhaven ParkOne Bedroom One Bath1BR,1BA$929
Wylde at Eagle CreekEagles Nest1BR,1BA$934
The Life at Northwest Gardens2 BED 1 BATH2BR,1BA$949
Aspen ChaseOne Bedroom One Bath1BR,1BA$959
DeercrossSpruce1BR,1BA$970

Best Value Apartments for Rent in Ballinshire Estates Cobblestone, IN

As of June 08, 2026 the best value apartment in the Ballinshire Estates Cobblestone area is the $1.31 price per square foot 3 BEDROOM | 2 BATHROOM A Model at The Life at Wood Springs in the in the Timberview neighborhood starting from $1,664. The second greatest value Ballinshire Estates Cobblestone apartment is the 2 Bedroom 1 Bathroom Model at Mariners Village Apartments starting at $1,164 with a $0.98 price per square foot in the Timberview neighborhood. Here is today’s list of the best values for Ballinshire Estates Cobblestone apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Life at Wood Springs3 BEDROOM | 2 BATHROOM A3BR,2BA$1.31
Mariners Village Apartments2 Bedroom 1 Bathroom2BR,1BA$0.98
Villa Del Sol Apartments?? Your Perfect 3 Bed / 1.5 Bath Small Townhome3BR,1.5BA$1.20
Eagle ChaseB1 Canadian Upgrade2BR,2BA$1.40
Brickyard FlatsB12BR,1BA$1.21
The Life at Northwest Gardens2 BED 1 BATH2BR,1BA$1.22
Astoria Park Apartment HomesOne Bedroom - 712 sqft1BR,1BA$1.33
Aspen ChaseOne Bedroom One Bath1BR,1BA$1.37
The Life at White PinesPINE1BR,1BA$1.22
Woodhaven ParkOne Bedroom One Bath1BR,1BA$1.43

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Ballinshire Estates Cobblestone, Indianapolis, IN

Ranked #112

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

Our team of engineers and researchers is proud to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including Ballinshire Estates Cobblestone, Indianapolis, and the greater Indianapolis area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, transit availability, pet-friendly communities, apartment communities for the kids, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Ballinshire Estates Cobblestone Apartments

What is the price of a cheap apartment in Ballinshire Estates Cobblestone?

The cheapest apartment in Ballinshire Estates Cobblestone is The Life at Wood Springs which is listed at $806, while the average apartment in Ballinshire Estates Cobblestone costs $2,399.

What types of apartments are the cheapest in Ballinshire Estates Cobblestone?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 32 regular apartments in Ballinshire Estates Cobblestone that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Ballinshire Estates Cobblestone?

Cheap apartments in Ballinshire Estates Cobblestone have an average cost of $332 which is $2,067 cheaper than the average rent for all rentals in Ballinshire Estates Cobblestone.

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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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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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.

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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.

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Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

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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

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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.

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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.

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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.

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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.