Cheap Homes for Rent in Berkley Place Neighborhood of Indianapolis, IN from $1,700 (6 Rentals)

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Search the lowest-cost Homes 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 2 Beds unit found at Lake Castleton Apartments priced from $814. Riverbend Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $832. Here are the most affordable Berkley Place apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Lake Castleton ApartmentsLiberty2BR,2BA$814
Riverbend ApartmentsMadrid1BR,1BA$832
Scandia ApartmentsDannenborg1BR,1BA$894

Best Value Apartments for Rent in Berkley Place, IN

As of November 30, 2025 the best value apartment in the Berkley Place area is the $1.19 price per square foot Monon Model at Flats at Switch in the in the Roxbury neighborhood starting from $1,930. The second greatest value Berkley Place apartment is the B4 - Townhome Model at Veridian Castleton starting at $1,403 with a $1.13 price per square foot in the Berkley Place 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.
Flats at SwitchMonon2BR,2BA$1.19
Veridian CastletonB4 - Townhome2BR,1.5BA$1.13
Ivy Knoll Apartments2Bd/2Ba Dn W/D2BR,2BA$1.25
The Preserve on Allisonville TownhomesTwo Bedroom Townhome2BR,1.5BA$1.39
Metropolitan FishersMaplebrook2BR,2BA$1.41
Sunblest Apartments1A - Nickel Plate1BR,1BA$1.44
Sanctuary at FishersThe Harmony1BR,1BA$1.32
Scandia ApartmentsTivoli1BR,1BA$1.28
Woodbridge Castleton1 Bedroom Apartment1BR,1BA$1.40
The Masters ApartmentsOne Bedroom - Augusta II1BR,1BA$1.41

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Your 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

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Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Berkley Place, Indianapolis, IN

Ranked #41

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Berkley Place

What type of rentals are currently available in Berkley Place?

There are currently 33 Apartments for Rent in Berkley Place, IN with pricing that ranges from $832 to $4,075. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Berkley Place ranging from $1,775 to $2,200.

What is the current price range for Rental Homes in Berkley Place?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Berkley Place ranges from $1,775 to $2,200 with an average monthly rent of $1,907.

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

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.