Cheap Apartments for Rent in the Broad Ripple Village Neighborhood of Indianapolis, IN from $600 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Broad Ripple Village area of Indianapolis.

Wellington Square Apartments

Lincolnshire Broad Ripple
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Jade North Apartments

River House

Broad Ripple Flats

Monon Living

The Ripple

6036 N College Ave

6134 Hillside Ave
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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 | $1,530 | $649 | $5,274 |
Broad Ripple Village 1 Bedroom Apartments | $1,744 | $842 | $2,244 |
Broad Ripple Village 2 Bedroom Apartments | $2,165 | $1,029 | $2,995 |
Broad Ripple Village 3 Bedroom Apartments | $2,393 | $1,275 | $4,167 |
Browse Apartments in this Neighborhood
There are currently 13 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. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Glenstone Studios | Studio | Studio,1BA | $649 |
Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $926 |
Jade North Apartments | Plan G | 1BR,1BA | $950 |
Broad Ripple Flats | 2x1 | 2BR,1BA | $1,176 |
Monon Living | Monon Place II - 1 Bedroom | 1BR,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 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 |
Edgewater Apartments | 2 Bedroom 2 Bath End Unit | 2BR,2BA | $1.09 |
Monon Living | Monon Place I - 2 Bedroom Townhome | 2BR,1.5BA | $1.63 |
Broad Ripple Apartments | Quad Townhome | 2BR,1.5BA | $1.56 |
Broad Ripple Flats | 2x1 | 2BR,1BA | $1.38 |
The Line | Harrisburg | 1BR,1BA | $1.98 |
Jade North Apartments | Plan G | 1BR,1BA | $1.29 |
Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $1.35 |
Park 66 Flats | Biltmore | Studio ,1BA | $2.06 |
The Coil | S-C | Studio ,1BA | $2.43 |
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Pet Friendly LifestyleBroad Ripple Village, Indianapolis, IN
Ranked #129
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet 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 $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.

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.

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.

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.

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.