Cheap Apartments for Rent in the Boulders Neighborhood of Indianapolis, IN from $600 (29 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Stone Lake
1 to 2 Bedroom Apartments

Stone Lake

2913 E Hanna AveIndianapolis, IN 46227
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Rosedale Hills
Studio to 3 Bedroom Apartments

Rosedale Hills

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

Windsor Court

7302 Queen Anne CtIndianapolis, IN 46227
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Pleasant Creek Apartments
Studio to 2 Bedroom Apartments

Pleasant Creek Apartments

2816 E County Line RdIndianapolis, IN 46227
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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South & Madison
Studio to 3 Bedroom Apartments

South & Madison

1819 Madison Village DrIndianapolis, IN 46227
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Fountain Lake Villas
Studio to 3 Bedroom Apartments

Fountain Lake Villas

2220 E Stop 13 RdIndianapolis, IN 46227
Senior Living
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The Sterling
1 to 2 Bedroom Apartments

The Sterling

8020 Madison AveIndianapolis, IN 46227
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Grand Oaks
1 to 2 Bedroom Apartments

Grand Oaks

7215 Grand Ritz LnIndianapolis, IN 46237
  • Utilities Included

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.

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Showing Results 1-29, Page 1 of 1

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. One Somerset has the second lowest priced unit, which is a 2 Beds apartment currently listed from $775. 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
One SomersetOne Somerset - 1 Bed/1 Bath2BR,1BA$775
Heathmoore - IndianapolisStudio 1 BathStudio,1BA$795
South & MadisonE2Studio,1BA$809
SherbrookStudioStudio,1BA$820
Sawmill Apartments1 Bed 1 Bath Small1BR,1BA$849
Parc Bordeaux ApartmentsStudioStudio,1BA$850
Fox ClubOne Bedroom One Bath1BR,1BA$899
Beech Tree Glen Apartments1x1R1BR,1BA$900
Sherman VillageGarden Apt1BR,1BA$925

Best Value Apartments for Rent in Boulders, IN

As of December 19, 2025 the best value apartment in the Boulders area is the $1.28 price per square foot Dale - Upgraded Model at Oak Park in the in the Winchester Village neighborhood starting from $1,229. The second greatest value Boulders apartment is the 2BR/1.5BA Model at Encore Apartments starting at $1,235 with a $1.30 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.
Oak ParkDale - Upgraded2BR,1BA$1.28
Encore Apartments2BR/1.5BA2BR,1.5BA$1.30
Strawbridge GreenEmerson2BR,1BA$1.14
Beech Meadow ApartmentsHickory2BR,1BA$1.29
Fox ClubOne Bedroom One Bath1BR,1BA$1.12
Beech Tree Glen Apartments1x1R1BR,1BA$1.13
The SterlingThe Lexington1BR,1BA$1.28
Churchman Woods2 BEDROOM2BR,1BA$1.30
Sherman VillageGarden Apt1BR,1BA$1.28
One SomersetOne Somerset - 1 Bed/1 Bath1BR,1BA$1.29

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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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.

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Pet Friendly Lifestyle
Boulders, Indianapolis, IN

Ranked #58

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Boulders, Indianapolis, IN

School data provided by Great Schools

Frequently Asked Questions about Cheap Boulders Apartments

What is a cheap apartment in Boulders?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Boulders is under $925.

What is the price of a cheap apartment in Boulders?

The cheapest apartment in Boulders is Windsor Court which is listed at $728, while the average apartment in Boulders costs $1,612.

What types of apartments are the cheapest in Boulders?

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 5 regular apartments in Boulders 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 Boulders?

Cheap apartments in Boulders have an average cost of $837 which is $775 cheaper than the average rent for all rentals in Boulders.

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.

Articles, How-To's, and Tips

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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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

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.

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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!