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

Jade North Apartments

Shore Acres
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.

River House

Broad Ripple Flats

Monon Living

Versa

The Ripple

Edgewater Apartments
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.

Park 66 Flats

The Coil

2215 E 56th St
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.

6134 Hillside Ave

6039 N College Ave
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 | $1,395 | $649 | $5,274 |
Broad Ripple Village 1 Bedroom Apartments | $1,623 | $842 | $2,455 |
Broad Ripple Village 2 Bedroom Apartments | $2,035 | $1,029 | $3,095 |
Broad Ripple Village 3 Bedroom Apartments | $2,368 | $1,275 | $4,167 |
Browse Apartments in this Neighborhood
There are currently 19 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. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Glenstone Studios | Studio | Studio,1BA | $649 |
Lincolnshire Broad Ripple | Studio Upper Levels | Studio,1BA | $875 |
Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $926 |
Jade North Apartments | Plan G | 1BR,1BA | $950 |
Broad Ripple Flats | 2x1 | 2BR,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 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 |
Shore Acres | Westfield | 2BR,2BA | $1.82 |
The Win | 7179C1 | 3BR,2.5BA | $1.57 |
Monon Living | Monon Place II - 3 Bedrooms | 3BR,3BA | $1.47 |
Edgewater Apartments | 2 Bedroom | 2BR,2BA | $1.28 |
Broad Ripple Flats | 2x1 | 2BR,1BA | $1.38 |
Park 66 Flats | Coronado | 1BR,1BA | $1.72 |
Jade North Apartments | Plan G | 1BR,1BA | $1.29 |
Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $1.35 |
The Ripple | Studio - Front Side | Studio ,1BA | $1.93 |
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Pet Friendly LifestyleBroad Ripple Village, Indianapolis, IN
Ranked #107
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.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.