
Cheap Apartments for Rent in the Boulders Neighborhood of Indianapolis, IN from $600 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Boulders area of Indianapolis.


One Somerset

Heathmoore - Indianapolis

Encore Apartments

Sherbrook

Churchman Woods

Sawmill Apartments
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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.

Parc Bordeaux Apartments

Greentree Apartments

Berkley Commons

Fox Club

Ninth Avenue Apartments

Sherman Village

Strawbridge Green
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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.

Cherry Glen

Emerson Village

Park View at Beech Grove

Stone Lake

Rosedale Hills

Windsor Court

Pleasant Creek Apartments
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South & Madison

Farhill Lake Apartments

Fountain Lake Villas

The Sterling

Grand Oaks

Beech Meadow Apartments

742 Loews Blvd
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Beech Tree Glen Apartments
Boulders, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Boulders?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Boulders Studio Apartments | $1,070 | $795 | $1,360 |
| Boulders 1 Bedroom Apartments | $1,207 | $845 | $2,850 |
| Boulders 2 Bedroom Apartments | $1,398 | $775 | $2,825 |
| Boulders 3 Bedroom Apartments | $1,613 | $1,090 | $3,766 |
| Boulders 4 Bedroom Apartments | $1,649 | $1,503 | $1,824 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 3 mile radius of the Boulders Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Boulders, Indianapolis, IN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Windsor Court | Standard One Bedroom (SN1) | 1BR,1BA | $728 |
| One Somerset | *ACT NOW- Price Drop* One Somerset - 1 Bed/1 Ba... | 2BR,1BA | $775 |
| Heathmoore - Indianapolis | Studio 1 Bath | Studio,1BA | $795 |
| South & Madison | E2 | Studio,1BA | $809 |
| Sherbrook | Studio | Studio,1BA | $820 |
| Sawmill Apartments | 1 Bed 1 Bath Small | 1BR,1BA | $849 |
| Parc Bordeaux Apartments | Studio | Studio,1BA | $850 |
| Greentree Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $850 |
| Beech Meadow Apartments | Birch | 1BR,1BA | $892 |
| Beech Tree Glen Apartments | 1x1R | 1BR,1BA | $900 |
Best Value Apartments for Rent in Boulders, IN
As of January 07, 2026 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Oak Park | Dale - Upgraded | 2BR,1BA | $1.28 |
| Encore Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.30 |
| Strawbridge Green | Emerson | 2BR,1BA | $1.14 |
| Beech Meadow Apartments | Hickory | 2BR,1BA | $1.26 |
| Beech Tree Glen Apartments | 1x1R | 1BR,1BA | $1.13 |
| Fox Club | One Bedroom One Bath | 1BR,1BA | $1.14 |
| The Sterling | The Lexington | 1BR,1BA | $1.28 |
| Churchman Woods | 2 BEDROOM | 2BR,1BA | $1.30 |
| Sherman Village | Garden Apt | 1BR,1BA | $1.28 |
| Sawmill Apartments | 1 Bed 1 Bath Small | 1BR,1BA | $1.31 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash 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.
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.
Pet Friendly LifestyleBoulders, Indianapolis, IN
Ranked #59
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Boulders, Indianapolis, IN
Arlington Elementary School
Franklin Township Middle School West
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 $900.
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 $1,599.
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 6 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 $1,116 which is $483 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.
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.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
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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How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!