
Cheap Apartments for Rent in the Berkley Place Neighborhood of Indianapolis, IN from $400 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Berkley Place area of Indianapolis.


Total Monthly Price
Riverbend Apartments

Woodbridge Castleton

Veridian Castleton

TGM Autumn Woods

Total Monthly Price
Parkside at Castleton Square Apartments and Townhomes

Total Monthly Price
Avery Point Apartments
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Waterside at Castleton

Scandia Apartments

The Masters Apartments

Furnished Studio-Indianapolis - Castleton

Total Monthly Price
Bayview Club Apartments

Woods of Castleton

Lakeshore Apartments
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River Ridge

Castle Creek Apartments

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Lantern Woods Apartments

Sanctuary at Fishers

Total Monthly Price
Wellington Place

Bella Vista Apartments
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Spark Apartments
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 | $1,178 | $947 | $1,523 |
| Berkley Place 1 Bedroom Apartments | $1,324 | $922 | $2,128 |
| Berkley Place 2 Bedroom Apartments | $1,529 | $1,039 | $2,903 |
| Berkley Place 3 Bedroom Apartments | $2,130 | $1,434 | $4,115 |
| Berkley Place 4 Bedroom Apartments | $3,615 | $3,615 | $3,615 |
Browse Apartments in this Neighborhood
There are currently 29 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 Lake Castleton Apartments priced from $896. Woodbridge Castleton has the second lowest priced unit, which is a 1 Bed apartment currently listed from $970. Here are the most affordable Berkley Place apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lake Castleton Apartments | Congressional | 1BR,1BA | $896 |
| Woodbridge Castleton | 1 Bedroom Apartment | 1BR,1BA | $970 |
| Veridian Castleton | A3 | 1BR,1BA | $974 |
| Riverbend Apartments | Sublime | 1BR,1BA | $997 |
| TGM Autumn Woods | A1 | 1BR,1BA | $999 |
| Parkside at Castleton Square Apartments and Townhomes | One Bedroom | 1BR,1BA | $1,040 |
| Waterside at Castleton | 1x1 | 1BR,1BA | $1,065 |
| Avery Point Apartments | Fern | 1BR,1BA | $1,073 |
| Scandia Apartments | Dannenborg | 1BR,1BA | $1,094 |
| The Masters Apartments | One Bedroom - Augusta II | 1BR,1BA | $1,107 |
Best Value Apartments for Rent in Berkley Place, IN
As of February 25, 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 Up W/D Model at Ivy Knoll Apartments starting at $1,449 with a $1.21 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 Up W/D | 2BR,2BA | $1.21 |
| Wellington Place | Lenox | 2BR,2BA | $1.27 |
| Sunblest Apartments | 2B-Mudsock | 2BR,2BA | $1.31 |
| Flats at Switch | Union | 2BR,2BA | $1.31 |
| The Preserve on Allisonville Townhomes | Two Bedroom Townhome | 2BR,1.5BA | $1.44 |
| Metropolitan Fishers | Maplebrook | 2BR,2BA | $1.41 |
| Scandia Apartments | Dannenborg | 1BR,1.5BA | $1.22 |
| Avery Point Apartments | Jade | 1BR,1BA | $1.41 |
| Woodbridge Castleton | 1 Bedroom Apartment | 1BR,1BA | $1.39 |
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.
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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 $896 at Lake Castleton 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 $1,043 at Woodbridge 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 Woodbridge Castleton and starts from $1,434.
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.

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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

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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.