
Cheap Apartments for Rent in the Berkley Place Neighborhood of Indianapolis, IN from $815 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in the Berkley Place area of Indianapolis.


Veridian Castleton

TGM Autumn Woods

Parkside at Castleton Square Apartments and Townhomes

Avery Point Apartments

Woods of Castleton

Woodbridge Castleton

The Masters Apartments

Waterside at Castleton
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Retreat at Riverbend

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6655 Fairway Ave

8570 Fairway Trail

9518 Bent Brook Dr

Sanctuary at Fishers

Bella Vista Apartments

Metropolitan Fishers

Sunblest Apartments
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Nickel Plate Station

Flats at Switch

Lantern Woods Apartments

The State at Fishers Apartments

The Union Flats at Fishers District

Wellington Place

Depot at Nickel Plate

The Mark at Fishers District

Pullman Pointe
Berkley Place - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

River Place Flats

Total Monthly Price
District South

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Slate at Fishers District
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 | $1,355 | $815 | $1,921 |
| Berkley Place 1 Bedroom Apartments | $1,453 | $924 | $2,411 |
| Berkley Place 2 Bedroom Apartments | $1,693 | $1,100 | $3,750 |
| Berkley Place 3 Bedroom Apartments | $2,318 | $1,420 | $4,060 |
| Berkley Place 4 Bedroom Apartments | $3,973 | $3,973 | $3,973 |
Browse Apartments in this Neighborhood
There are currently 39 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 Studio unit found at Lake Castleton Apartments priced from $815. TGM Autumn Woods has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Berkley Place apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lake Castleton Apartments | Jackson | Studio,1BA | $815 |
| TGM Autumn Woods | A2 | 1BR,1BA | $999 |
| Parkside at Castleton Square Apartments and Townhomes | One Bedroom | 1BR,1BA | $1,030 |
| Avery Point Apartments | Emerald | 1BR,1BA | $1,032 |
| Woods of Castleton | 1 bed/1 bath Up | 1BR,1BA | $1,045 |
| Veridian Castleton | B1 | 2BR,1BA | $1,108 |
| Sanctuary at Fishers | The Harmony | 1BR,1BA | $1,119 |
| Scandia Apartments | Dannenborg | 1BR,1BA | $1,124 |
| Woodbridge Castleton | 2 Bedroom Apartment | 2BR,1BA | $1,137 |
| Lakeshore Apartments | Water Tower | 1BR,1BA | $1,176 |
Best Value Apartments for Rent in Berkley Place, IN
As of August 29, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Veridian Castleton | B4 - Townhome | 2BR,1.5BA | $1.18 |
| Ivy Knoll Apartments | 2Bd/2Ba Dn W/D | 2BR,2BA | $1.19 |
| The Preserve on Allisonville Townhomes | Two Bedroom Townhome | 2BR,1.5BA | $1.42 |
| The Masters Apartments | Two Bedroom - Muirfield II | 2BR,2BA | $1.31 |
| Woodbridge Castleton | 2 Bedroom Townhome | 2BR,1.5BA | $1.40 |
| Sanctuary at Fishers | The Harmony | 1BR,1BA | $1.34 |
| Waterside at Castleton | 2x1 | 2BR,1BA | $1.50 |
| Scandia Apartments | Tivoli | 1BR,1BA | $1.48 |
| Avery Point Apartments | Emerald | 1BR,1BA | $1.43 |
| TGM Autumn Woods | A1 | 1BR,1BA | $1.44 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 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 $1,176.
What is the price of a cheap apartment in Berkley Place?
The cheapest apartment in Berkley Place is Lake Castleton Apartments which is listed at $984, while the average apartment in Berkley Place costs $1,473.
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 38 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 $167 which is $1,306 cheaper than the average rent for all rentals in Berkley Place.
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

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