
Cheap Apartments for Rent in the Bayswater Neighborhood of Indianapolis, IN from $600 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Bayswater area of Indianapolis.


Rosewood Commons

Marabou Mills

Cambridge Commons

Mariners Village

Scarborough Lake Apartments

The Meadows Apartment Homes
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.

Fishermans Village

The Life at White Pines

Spinnaker Court

Woodhaven Park

Covered Bridge

Waterfront Terrace
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 Life at Northwest Gardens

The Abby

Cross Creek Apartments

Pebble Point

Wylde at Eagle Creek

Astoria Park Apartment Homes

Woodbrook
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

Oakbrook Village

Lakeside Crossing at Eagle Creek Apartments and Townhomes

The Woods of Eagle Creek

Loch Haven Apartments

Deercross Apartments

Idlewood Apartments
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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.

Eagle’s Edge
Bayswater, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Bayswater?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Bayswater Studio Apartments | $816 | $620 | $1,208 |
| Bayswater 1 Bedroom Apartments | $1,001 | $799 | $1,415 |
| Bayswater 2 Bedroom Apartments | $1,289 | $859 | $2,011 |
| Bayswater 3 Bedroom Apartments | $1,599 | $1,250 | $2,480 |
| Bayswater 4 Bedroom Apartments | $2,399 | $2,399 | $2,399 |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 2 mile radius of the Bayswater Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Cheapest Available Bayswater Apartments for Rent
 The cheapest available apartment rental in the Bayswater area of Indianapolis, IN is a Studio unit found at The Stratford priced from $620. Cambridge Commons has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable Bayswater apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Stratford | Studio | Studio,1BA | $620 |
| Cambridge Commons | Studio | Studio,1BA | $750 |
| Mariners Village | Studio | Studio,1BA | $762 |
| Fishermans Village | Cobalt | 1BR,1BA | $799 |
| The Life at Wood Springs | 1 BEDROOM | 1 BATHROOM A | 1BR,1BA | $806 |
| The Life at White Pines | PINE | 1BR,1BA | $809 |
| Annhurst | One Bed One Bath | 1BR,1BA | $809 |
| Spinnaker Court | Villa | 1BR,1BA | $828 |
| Woodhaven Park | One Bedroom One Bath | 1BR,1BA | $845 |
| Covered Bridge | One Bedroom One Bath | 1BR,1BA | $849 |
Best Value Apartments for Rent in Bayswater, IN
As of January 01, 2026 the best value apartment in the Bayswater area is the $1.28 price per square foot CYPRESS Model at The Life at White Pines in the in the Cheswick Place neighborhood starting from $1,536. The second greatest value Bayswater apartment is the 2 BEDROOM | 2 BATHROOM B Model at The Life at Wood Springs starting at $1,342 with a $1.30 price per square foot in the Timberview neighborhood. Here is today’s list of the best values for Bayswater apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Life at White Pines | CYPRESS | 3BR,2BA | $1.28 |
| The Life at Wood Springs | 2 BEDROOM | 2 BATHROOM B | 2BR,2BA | $1.30 |
| Woodbrook | The Maple | 2BR,1BA | $1.36 |
| The Stratford | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.18 |
| Covered Bridge | One Bedroom One Bath | 1BR,1BA | $1.21 |
| Aspen Chase | One Bedroom One Bath | 1BR,1BA | $1.37 |
| Pebble Point | The Bliss | 1BR,1BA | $1.34 |
| Woodhaven Park | One Bedroom One Bath | 1BR,1BA | $1.30 |
| Cross Creek Apartments | Mariner | 1BR,1BA | $1.38 |
| Mariners Village | Studio | Studio ,1BA | $1.26 |
Frequently Asked Questions about Cheap Bayswater Apartments
What is a cheap apartment in Bayswater?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Bayswater is under $849.
What is the price of a cheap apartment in Bayswater?
The cheapest apartment in Bayswater is Fishermans Village which is listed at $799, while the average apartment in Bayswater costs $2,399.
What types of apartments are the cheapest in Bayswater?
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 95 regular apartments in Bayswater 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 Bayswater?
Cheap apartments in Bayswater have an average cost of $305 which is $2,094 cheaper than the average rent for all rentals in Bayswater.
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
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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.
Articles, How-To's, and Tips

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
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Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
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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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!



