Cheap Apartments for Rent in the Berkley Place Neighborhood of Indianapolis, IN from $400 (31 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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Lake Castleton Apartments
Rent Specials
$980 - $1,654
Total Monthly Price

Total Monthly Price

Base Rent
$980 - $1,654

Total Monthly Price
$980 - $1,654
Studio to 2 Bedroom Apartments Available Now

Lake Castleton Apartments

7601 Carlton Arms DrIndianapolis, IN 46256
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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 Retreat at Riverbend Apartment Homes priced from $949. Woodbridge Castleton has the second lowest priced unit, which is a 1 Bed apartment currently listed from $972. Here are the most affordable Berkley Place apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Retreat at Riverbend Apartment HomesHarmony1BR,1BA$949
Woodbridge Castleton1 Bedroom Apartment1BR,1BA$972
Lake Castleton ApartmentsCongressional1BR,1BA$980
TGM Autumn WoodsA11BR,1BA$999
Woods of Castleton1 bed/1 bath Up1BR,1BA$1,065
Waterside at Castleton1x1 Ext1BR,1BA$1,075
Avery Point ApartmentsJade1BR,1BA$1,082
Parkside at Castleton Square Apartments and TownhomesOne Bedroom1BR,1BA$1,100
Veridian CastletonB32BR,2BA$1,129
Scandia ApartmentsTivoli1BR,1BA$1,144

Best Value Apartments for Rent in Berkley Place, IN

As of May 30, 2026 the best value apartment in the Berkley Place area is the $1.18 price per square foot B4 - Townhome Model at Veridian Castleton in the in the Berkley Place neighborhood starting from $1,470. The second greatest value Berkley Place apartment is the 2Bd/2Ba Dn W/D Model at Ivy Knoll Apartments starting at $1,419 with a $1.19 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$1.18
Ivy Knoll Apartments2Bd/2Ba Dn W/D2BR,2BA$1.19
Wellington PlaceLenox2BR,2BA$1.50
The Masters ApartmentsTwo Bedroom - Muirfield II2BR,2BA$1.28
TGM Autumn WoodsB12BR,1BA$1.41
Sunblest Apartments1B - Mudsock1BR,1BA$1.47
Avery Point ApartmentsFern1BR,1BA$1.48
Scandia ApartmentsTivoli1BR,1BA$1.34
Woodbridge Castleton1 Bedroom Apartment1BR,1BA$1.38
Waterside at Castleton1x1 Ext1BR,1BA$1.54

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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 a cheap apartment in Berkley Place?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Berkley Place is under $1,144.

What is the price of a cheap apartment in Berkley Place?

The cheapest apartment in Berkley Place is Woodbridge Castleton which is listed at $972, while the average apartment in Berkley Place costs $3,675.

What types of apartments are the cheapest in Berkley Place?

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 36 regular apartments in Berkley Place 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 Berkley Place?

Cheap apartments in Berkley Place have an average cost of $197 which is $3,478 cheaper than the average rent for all rentals in Berkley Place.

Expert Rental Resources

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