
Cheap Apartments for Rent in the Berkley Place Neighborhood of Indianapolis, IN from $800 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Berkley Place area of Indianapolis.


Lake Castleton Apartments

TGM Autumn Woods

Woodbridge Castleton

Avery Point Apartments

Parkside at Castleton Square Apartments and Townhomes
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.

Waterside at Castleton

Veridian Castleton

Scandia Apartments

The Masters Apartments

Woods of Castleton

Lakeshore Apartments
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.

River Ridge

Bayview Club Apartments

Castle Creek Apartments

Furnished Studio-Indianapolis - Castleton

Metropolitan Fishers

Sanctuary at Fishers
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.

The Mark at Fishers District

Wellington Place

Bella Vista Apartments

Lantern Woods Apartments

Sunblest Apartments

The State at Fishers Apartments
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Pullman Pointe

Nickel Plate Station

Flats at Switch
Berkley Place, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Berkley Place?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Berkley Place Studio Apartments | $1,241 | $947 | $1,601 |
| Berkley Place 1 Bedroom Apartments | $1,331 | $832 | $2,450 |
| Berkley Place 2 Bedroom Apartments | $1,562 | $1,076 | $2,849 |
| Berkley Place 3 Bedroom Apartments | $2,082 | $1,503 | $3,940 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 2 mile radius of the Berkley Place Neighborhood of Indianapolis, IN.
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Berkley Place, Indianapolis, IN Local Guide
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Cheapest Available Berkley Place Apartments for Rent
 The cheapest available apartment rental in the Berkley Place area of Indianapolis, IN is a 1 Bed unit found at Riverbend Apartments priced from $889. Lake Castleton Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $896. Here are the most affordable Berkley Place apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Riverbend Apartments | Monte Carlo | 1BR,1BA | $889 |
| Lake Castleton Apartments | Congressional | 1BR,1BA | $896 |
| TGM Autumn Woods | A1 | 1BR,1BA | $999 |
| Woodbridge Castleton | 1 Bedroom Apartment | 1BR,1BA | $1,018 |
| Avery Point Apartments | Emerald | 1BR,1BA | $1,059 |
| Parkside at Castleton Square Apartments and Townhomes | One Bedroom | 1BR,1BA | $1,065 |
| Waterside at Castleton | 1x1 | 1BR,1BA | $1,065 |
| Veridian Castleton | B3 | 2BR,2BA | $1,104 |
| Scandia Apartments | Halmstead | 1BR,1BA | $1,108 |
| Metropolitan Fishers | Fallingbrook | 1BR,1BA | $1,118 |
Best Value Apartments for Rent in Berkley Place, IN
As of January 07, 2026 the best value apartment in the Berkley Place area is the $1.15 price per square foot B4 - Townhome Model at Veridian Castleton in the in the Berkley Place neighborhood starting from $1,428. The second greatest value Berkley Place apartment is the 2Bd/2Ba Dn W/D Model at Ivy Knoll Apartments starting at $1,499 with a $1.25 price per square foot in the Roxbury neighborhood. Here is today’s list of the best values for Berkley Place apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Veridian Castleton | B4 - Townhome | 2BR,1.5BA | $1.15 |
| Ivy Knoll Apartments | 2Bd/2Ba Dn W/D | 2BR,2BA | $1.25 |
| Flats at Switch | Cascades | 2BR,2BA | $1.37 |
| Metropolitan Fishers | Maplebrook | 2BR,2BA | $1.41 |
| The Masters Apartments | Two Bedroom - Muirfield II | 2BR,2BA | $1.25 |
| Scandia Apartments | Dannenborg | 1BR,1.5BA | $1.30 |
| Wellington Place | Heritage | 1BR,1BA | $1.48 |
| Sanctuary at Fishers | The Harmony | 1BR,1BA | $1.37 |
| Riverbend Apartments | Barcelona | 1BR,1BA | $1.44 |
| Woodbridge Castleton | 1 Bedroom Apartment | 1BR,1BA | $1.45 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash 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.
Read ArticleYour 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
Read ArticleQuick Rent Budget Calculator
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.
Best Local Schools in Berkley Place, Indianapolis, IN
Mary Evelyn Castle Elementary School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Indianapolis. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and easy access to the parks, kid and pet-friendly communities, availability of transit options, and other valuable search options. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Berkley Place Apartments
What is the Cheapest Studio apartment in Berkley Place?
Currently the most affordable Cheap Studio Apartment in Berkley Place is at Lake Castleton Apartments listed at $947.
How much is rent for a Cheap One Bedroom Berkley Place Apartment?
The lowest price for a Cheap One Bedroom Berkley Place Apartment is $858 at Riverbend Apartments.
What is the lowest price for a Cheap Two Bedroom Berkley Place Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Berkley Place is starting from $1,076 at Riverbend Apartments.
What is the most affordable Berkley Place Three Bedroom Apartment?
The best deal on a cheap Berkley Place Three Bedroom Apartment rental is at Woodbridge Castleton and starts from $1,503.
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.
Articles, How-To's, and Tips

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
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
Written by: Christine Leonard, Esq.
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!