Cheap Apartments for Rent in the Berkley Place Neighborhood of Indianapolis, IN from $800 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Berkley Place area of Indianapolis.

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Berkley Place, Indianapolis, IN Local Guide

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 Lake Castleton priced from $826. Woodbridge Castleton has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,024. Here are the most affordable Berkley Place apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Lake CastletonColonial1BR,1BA$826
Woodbridge Castleton1 Bedroom Apartment1BR,1BA$1,024
Parkside at Castleton Square Apartments and TownhomesOne Bedroom1BR,1BA$1,050
Veridian CastletonB12BR,1BA$1,058
Scandia ApartmentsDannenborg Penthouse1BR,1BA$1,084
Waterside at Castleton1x11BR,1BA$1,085
Riverbend ApartmentsBarcelona1BR,1BA$1,099
Woods of Castleton1 bed/1 bath Up1BR,1BA$1,140
Avery Point ApartmentsJade1BR,1BA$1,143
Lantern Woods ApartmentsA2 (The Cape Cod)1BR,1BA$1,190

Best Value Apartments for Rent in Berkley Place, IN

As of September 17, 2025 the best value apartment in the Berkley Place area is the $1.13 price per square foot B4 - Townhome Model at Veridian Castleton in the in the Berkley Place neighborhood starting from $1,403. The second greatest value Berkley Place apartment is the 2Bd/2Ba Dn W/D Model at Ivy Knoll Apartments starting at $1,474 with a $1.23 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Veridian CastletonB4 - Townhome2BR,1.5BA$1.13
Ivy Knoll Apartments2Bd/2Ba Dn W/D2BR,2BA$1.23
Sunblest Apartments2MB-Mudsock2BR,2BA$1.30
Wellington PlaceLenox2BR,2BA$1.50
The Preserve on Allisonville TownhomesTwo Bedroom Townhome2BR,1.5BA$1.34
Scandia ApartmentsHalmstead1BR,1.5BA$1.13
The Masters ApartmentsTwo Bedroom - Muirfield II2BR,2BA$1.29
TGM Autumn WoodsA42BR,1.5BA$1.37
Avery Point ApartmentsFern1BR,1BA$1.52
Woodbridge Castleton1 Bedroom Apartment1BR,1BA$1.46

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Pet Friendly Lifestyle
Berkley Place, Indianapolis, IN

Ranked #30

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Berkley Place, Indianapolis, IN

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 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 $826 at Lake Castleton.

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 $1,058 at Veridian Castleton.

What is the most affordable Berkley Place Three Bedroom Apartment?

The best deal on a cheap Berkley Place Three Bedroom Apartment rental is at Veridian Castleton and starts from $1,558.

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

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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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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.