
Cheap Homes for Rent in Bayswater Neighborhood of Indianapolis, IN from $1,200 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Bayswater area of Indianapolis.


6340 Commons Dr
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.

4530 Village Ct

6760 W Stanhope Dr
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.
Bayswater, Indianapolis, IN Local Guide

How much does it cost to rent a home in Bayswater?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Bayswater 2 Bedroom Homes for Rent | $1,350 | $1,250 | $1,450 |
| Bayswater 3 Bedroom Homes for Rent | $1,838 | $1,450 | $2,380 |
| Bayswater 4 Bedroom Homes for Rent | $2,309 | $1,850 | $2,620 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Bayswater Neighborhood of Indianapolis, IN.
Explore Indianapolis
Best Value Apartments for Rent in Bayswater, IN
As of April 12, 2026 the best value apartment in the Bayswater area is the $1.30 price per square foot 2 BEDROOM | 2 BATHROOM B Model at The Life at Wood Springs in the in the Timberview neighborhood starting from $1,342. The second greatest value Bayswater apartment is the Excite - Renovated Model at Eagle Creek by Spark Living starting at $1,304 with a $1.29 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 Wood Springs | 2 BEDROOM | 2 BATHROOM B | 2BR,2BA | $1.30 |
| Eagle Creek by Spark Living | Excite - Renovated | 2BR,1BA | $1.29 |
| The Abby | The Berkshire | 2BR,2BA | $1.38 |
| The Life at Northwest Gardens | 2 BED 1 BATH | 2BR,1BA | $1.22 |
| The Stratford | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.18 |
| Covered Bridge | One Bedroom One Bath | 1BR,1BA | $1.18 |
| Aspen Chase | One Bedroom One Bath | 1BR,1BA | $1.28 |
| Astoria Park Apartment Homes | One Bedroom - 670 sqft | 1BR,1BA | $1.35 |
| Waterfront Terrace | 1 Bed 1 Bath | 1BR,1BA | $1.31 |
| Mariners Village Apartments | 0 Bedroom 1 Bathroom | Studio ,1BA | $1.36 |
Frequently Asked Questions about Bayswater
What type of rentals are currently available in Bayswater?
There are currently 42 Apartments for Rent in Bayswater, IN with pricing that ranges from $620 to $2,400. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bayswater ranging from $1,250 to $2,620.
What is the current price range for Rental Homes in Bayswater?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Bayswater ranges from $1,250 to $2,620 with an average monthly rent of $1,832.
How much are larger Three and Four Bedroom Rentals in Bayswater?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Bayswater range from $1,250 to $2,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $2,380. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $2,399.
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
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.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.