
Cheap Apartments for Rent in the Broad Ripple Village Neighborhood of Indianapolis, IN from $600 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Broad Ripple Village area of Indianapolis.


Broad Ripple Trails
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.

Wellington Square Apartments

Lincolnshire Broad Ripple

Jade North Apartments

Meridian Lakes

Edison at Meridian Hills

Shore Acres

Broad Ripple Flats

River House
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.

Edgewater Apartments

The Ripple

2215 E 56th St
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.
Broad Ripple Village, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Broad Ripple Village?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Broad Ripple Village Studio Apartments | $1,474 | $649 | $5,283 |
Broad Ripple Village 1 Bedroom Apartments | $1,705 | $842 | $2,570 |
Broad Ripple Village 2 Bedroom Apartments | $2,112 | $949 | $3,820 |
Broad Ripple Village 3 Bedroom Apartments | $2,519 | $1,149 | $4,399 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 1 mile radius of the Broad Ripple Village Neighborhood of Indianapolis, IN.
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Broad Ripple Village, Indianapolis, IN Local Guide
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Cheapest Available Broad Ripple Village Apartments for Rent
 The cheapest available apartment rental in the Broad Ripple Village area of Indianapolis, IN is a Studio unit found at Glenstone Studios priced from $649. Broad Ripple Trails has the second lowest priced unit, which is a Studio apartment currently listed from $839. Here are the most affordable Broad Ripple Village apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Glenstone Studios | Studio | Studio,1BA | $649 |
Broad Ripple Trails | STUD-S | Studio,1BA | $839 |
Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $926 |
Jade North Apartments | Plan G | 1BR,1BA | $950 |
Edison at Meridian Hills | 1 Bedroom 1 Bath | 1BR,1BA | $1,079 |
Best Value Apartments for Rent in Broad Ripple Village, IN
As of June 16, 2025 the best value apartment in the Broad Ripple Village area is the $1.19 price per square foot 2 Bed, 2.5 Bath, 2 car Garage Townhome Model at Townes at Winthrop in the in the Warfleigh neighborhood starting from $2,200. The second greatest value Broad Ripple Village apartment is the 2 Bedroom 2 Bath Model at Edison at Meridian Hills starting at $1,529 with a $1.13 price per square foot in the Faith Knoll neighborhood. Here is today’s list of the best values for Broad Ripple Village apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Townes at Winthrop | 2 Bed, 2.5 Bath, 2 car Garage Townhome | 2BR,2.5BA | $1.19 |
Edison at Meridian Hills | 2 Bedroom 2 Bath | 2BR,2BA | $1.13 |
Everly at Meridian Hills | Iris | 2BR,1BA | $1.15 |
The Ripple | 2 Bedroom 2 Bath | 2BR,2BA | $1.77 |
Somerset Lakes | Leisure: One Bedroom Apartment With Den | 1BR,1BA | $1.32 |
Monon Living | Monon Place I - 2 Bedroom Townhome | 2BR,1.5BA | $1.71 |
The Win | 7179B1 | 2BR,2.5BA | $1.77 |
Edgewater Apartments | 2 Bedroom | 2BR,2BA | $1.49 |
Jade North Apartments | Plan G | 1BR,1BA | $1.29 |
Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $1.35 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleBroad Ripple Village, Indianapolis, IN
Ranked #64
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in cities and towns across the United States including Broad Ripple Village, Indianapolis, and the greater Indianapolis area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, transit availability, pet-friendly communities, places that make kids happy, and more. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the Broad Ripple Village Neighborhood in Indianapolis, IN
Walk Score®
87 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
80 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
38 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Broad Ripple Village Apartments
What is the Cheapest Studio apartment in Broad Ripple Village?
Currently the most affordable Cheap Studio Apartment in Broad Ripple Village is at Glenstone Studios listed at $649.
How much is rent for a Cheap One Bedroom Broad Ripple Village Apartment?
The lowest price for a Cheap One Bedroom Broad Ripple Village Apartment is $899 at Broad Ripple Trails.
What is the lowest price for a Cheap Two Bedroom Broad Ripple Village Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Broad Ripple Village is starting from $949 at Broad Ripple Trails.
What is the most affordable Broad Ripple Village Three Bedroom Apartment?
The best deal on a cheap Broad Ripple Village Three Bedroom Apartment rental is at Broad Ripple Trails and starts from $1,149.
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.

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.

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.

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.

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.