Cheap Apartments for Rent in the Ballinshire Estates Cobblestone Neighborhood of Indianapolis, IN from $500 (17 Rentals)

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

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Whispering Pines
1 to 3 Bedroom Apartments

Whispering Pines

4444 Mission DrIndianapolis, IN 46254
  • Utilities Included
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Heather Ridge
1 to 3 Bedroom Apartments

Heather Ridge

3245 Heather Ridge DrIndianapolis, IN 46214
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Brickyard Flats
1 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 White Pines priced from $698. Marabou Mills has the second lowest priced unit, which is a Studio apartment currently listed from $740. Here are the most affordable Ballinshire Estates Cobblestone apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Life at White PinesPINE1BR,1BA$698
Marabou MillsStudioStudio,1BA$740
Scarborough Lake ApartmentsThe Sunrise 1 BR 1 BA1BR,1BA$757
Woodhaven ParkOne Bedroom One Bath1BR,1BA$845
Mariners VillageStudioStudio,1BA$859

Best Value Apartments for Rent in Ballinshire Estates Cobblestone, IN

As of June 22, 2025 the best value apartment in the Ballinshire Estates Cobblestone area is the $1.13 price per square foot 3 BEDROOM | 2 BATHROOM A Model at The Life at Wood Springs in the in the Timberview neighborhood starting from $1,430. The second greatest value Ballinshire Estates Cobblestone apartment is the Redbud Model at Park at Eagle Creek starting at $1,703 with a $1.35 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$1.13
Park at Eagle CreekRedbud3BR,2BA$1.35
The Life at White PinesCYPRESS3BR,2BA$1.25
Villa Del Sol ApartmentsLarge, Spacious, Updated 3 Bedroom Townhome Awa...3BR,1.5BA$1.23
EAGLE CHASE APARTMENTSCanadian Upgraded2BR,2BA$1.38
Idlewood ApartmentsB-12BR,1BA$1.31
Brickyard FlatsB12BR,1BA$1.20
Aspen ChaseOne Bedroom One Bath1BR,1BA$1.36
Pebble PointThe Bliss1BR,1BA$1.28
Woodhaven ParkOne Bedroom One Bath1BR,1BA$1.30

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Pet Friendly Lifestyle
Ballinshire Estates Cobblestone, Indianapolis, IN

Ranked #94

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
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 a cheap apartment in Ballinshire Estates Cobblestone?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Ballinshire Estates Cobblestone is under $1,000.

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

The cheapest apartment in Ballinshire Estates Cobblestone is The Life at White Pines which is listed at $698, while the average apartment in Ballinshire Estates Cobblestone costs $2,495.

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 11 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 $210 which is $2,285 cheaper than the average rent for all rentals in Ballinshire Estates Cobblestone.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.