Cheap Apartments for Rent in the Broad Ripple Village Neighborhood of Indianapolis, IN from $600 (13 Rentals)

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

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Monon Walk Apartments
Studio to 1 Bedroom Apartments

Monon Walk Apartments

6115 Winthrop AveIndianapolis, IN 46220
  • Utilities Included

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Shore Acres
1 to 2 Bedroom Apartments

Shore Acres

1105 Westfield Ct WIndianapolis, IN 46240

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. Wellington Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $926. Here are the most affordable Broad Ripple Village apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Glenstone StudiosStudioStudio,1BA$649
Wellington Square Apartments1BR/1BA1BR,1BA$926
Jade North ApartmentsPlan G1BR,1BA$950
Broad Ripple Flats2x12BR,1BA$1,176
Monon LivingMonon Place II - 1 Bedroom1BR,1BA$1,230

Best Value Apartments for Rent in Broad Ripple Village, IN

As of August 02, 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 End Unit Model at Edgewater Apartments starting at $1,414 with a $1.09 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
Edgewater Apartments2 Bedroom 2 Bath End Unit2BR,2BA$1.09
Monon LivingMonon Place I - 2 Bedroom Townhome2BR,1.5BA$1.63
Broad Ripple ApartmentsQuad Townhome2BR,1.5BA$1.56
Broad Ripple Flats2x12BR,1BA$1.38
The LineHarrisburg1BR,1BA$1.98
Jade North ApartmentsPlan G1BR,1BA$1.29
Wellington Square Apartments1BR/1BA1BR,1BA$1.35
Park 66 FlatsBiltmoreStudio ,1BA$2.06
The CoilS-CStudio ,1BA$2.43

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Pet Friendly Lifestyle
Broad Ripple Village, Indianapolis, IN

Ranked #129

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.

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.