Cheap Apartments for Rent in the Broad Ripple Village Neighborhood of Indianapolis, IN from $600 (19 Rentals)

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

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.

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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Shore Acres
Studio to 3 Bedroom Apartments

Shore Acres

1105 Westfield Ct WIndianapolis, IN 46240

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.

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Monon Walk Apartments
Studio to 1 Bedroom Apartments

Monon Walk Apartments

6115 Winthrop AveIndianapolis, IN 46220
  • Utilities Included

Broad Ripple Village, Indianapolis, IN Local Guide

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. Lincolnshire Broad Ripple has the second lowest priced unit, which is a Studio apartment currently listed from $875. Here are the most affordable Broad Ripple Village apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Glenstone StudiosStudioStudio,1BA$649
Lincolnshire Broad RippleStudio Upper LevelsStudio,1BA$875
Wellington Square Apartments1BR/1BA1BR,1BA$926
Jade North ApartmentsPlan G1BR,1BA$950
Broad Ripple Flats2x12BR,1BA$1,176

Best Value Apartments for Rent in Broad Ripple Village, IN

As of September 24, 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 Westfield Model at Shore Acres starting at $2,500 with a $1.82 price per square foot in the Nora neighborhood. Here is today’s list of the best values for Broad Ripple Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Townes at Winthrop2 Bed, 2.5 Bath, 2 car Garage Townhome2BR,2.5BA$1.19
Shore AcresWestfield2BR,2BA$1.82
The Win7179C13BR,2.5BA$1.57
Monon LivingMonon Place II - 3 Bedrooms3BR,3BA$1.47
Edgewater Apartments2 Bedroom2BR,2BA$1.28
Broad Ripple Flats2x12BR,1BA$1.38
Park 66 FlatsCoronado1BR,1BA$1.72
Jade North ApartmentsPlan G1BR,1BA$1.29
Wellington Square Apartments1BR/1BA1BR,1BA$1.35
The RippleStudio - Front SideStudio ,1BA$1.93

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Pet Friendly Lifestyle
Broad Ripple Village, Indianapolis, IN

Ranked #107

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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

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 $926 at Wellington Square Apartments.

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 $1,029 at Wellington Square Apartments.

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 Monon Living and starts from $1,920.

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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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.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.