Cheap Apartments for Rent in the Boulders Neighborhood of Indianapolis, IN from $600 (27 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

close
View Me
Stone Lake
1 to 2 Bedroom Apartments

Stone Lake

2913 E Hanna AveIndianapolis, IN 46227

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

close
View Me
Rosedale Hills
Studio to 3 Bedroom Apartments

Rosedale Hills

2139 E Hanna AveIndianapolis, IN 46227
close
View Me
Windsor Court
1 to 2 Bedroom Apartments

Windsor Court

7302 Queen Anne CtIndianapolis, IN 46227
close
View Me
South & Madison
Studio to 3 Bedroom Apartments

South & Madison

1819 Madison Village DrIndianapolis, IN 46227
close
View Me
Crestwood Village South
Studio to 2 Bedroom Apartments

Crestwood Village South

8809 Madison AveIndianapolis, IN 46227
Senior Living
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

close
View Me
Fountain Lake Villas
Studio to 3 Bedroom Apartments

Fountain Lake Villas

2220 E Stop 13 RdIndianapolis, IN 46227
close
View Me
Grand Oaks
1 to 2 Bedroom Apartments

Grand Oaks

7215 Grand Ritz LnIndianapolis, IN 46237
  • Utilities Included

Boulders, Indianapolis, IN Local Guide

Cheapest Available Boulders Apartments for Rent

 

The cheapest available apartment rental in the Boulders area of Indianapolis, IN is a 1 Bed unit found at Windsor Court priced from $728. Cherry Glen has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Boulders apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Windsor CourtStandard One Bedroom (SN1)1BR,1BA$728
Cherry GlenStudioStudio,1BA$799
South & MadisonE2Studio,1BA$840
Sawmill Apartments1 Bed 1 Bath Small1BR,1BA$849
Berkley CommonsTwo Bedroom One Bath2BR,1BA$850
Parc Bordeaux Apartments1 Bed 1 Bath1BR,1BA$915
Beech Meadow ApartmentsBirch1BR,1BA$922
The SterlingThe Lexington1BR,1BA$975
Strawbridge GreenEmerson2BR,1BA$995
Willow Glen South1 bedroom small1BR,1BA$1,014

Best Value Apartments for Rent in Boulders, IN

As of June 28, 2025 the best value apartment in the Boulders area is the $1.27 price per square foot 3 Bedroom 2.5 Bath Townhome Model at Coventry Park Village in the in the Southeast Indianapolis neighborhood starting from $2,095. The second greatest value Boulders apartment is the The Longitude 2 BR 2 BA Model at Latitudes Apartments starting at $1,672 with a $1.31 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Boulders apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Coventry Park Village3 Bedroom 2.5 Bath Townhome3BR,2.5BA$1.27
Latitudes ApartmentsThe Longitude 2 BR 2 BA2BR,2BA$1.31
Fox ClubTwo Bedroom Two Bath2BR,2BA$1.13
Fountain Lake VillasThe Herrington2BR,1BA$1.27
Oak ParkForest1BR,1BA$1.17
Strawbridge GreenEmerson2BR,1BA$1.18
Beech Meadow ApartmentsHickory2BR,1BA$1.31
Parc Bordeaux Apartments1 Bed 1 Bath1BR,1BA$1.12
The SterlingThe Lexington1BR,1BA$1.32
Sawmill Apartments1 Bed 1 Bath Small1BR,1BA$1.31

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Boulders, Indianapolis, IN

Ranked #53

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap Boulders Apartments

What is the Cheapest Studio apartment in Boulders?

Currently the most affordable Cheap Studio Apartment in Boulders is at Cherry Glen listed at $799.

How much is rent for a Cheap One Bedroom Boulders Apartment?

The lowest price for a Cheap One Bedroom Boulders Apartment is $728 at Windsor Court.

What is the lowest price for a Cheap Two Bedroom Boulders Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Boulders is starting from $850 at Berkley Commons.

What is the most affordable Boulders Three Bedroom Apartment?

The best deal on a cheap Boulders Three Bedroom Apartment rental is at Strawbridge Green and starts from $1,120.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.