
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.


Glenstone Studios

Wellington Square Apartments

Lincolnshire Apartments

Jade North Apartments
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River House

Shore Acres

Broad Ripple Flats

6721 Riverfront Ave, Unit Studio

Monon Living
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Edgewater Apartments

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The Coil

Shore Acres

Monon Walk Apartments
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Compton Court Apartments
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 | $1,415 | $625 | $4,832 |
| Broad Ripple Village 1 Bedroom Apartments | $1,573 | $842 | $2,944 |
| Broad Ripple Village 2 Bedroom Apartments | $2,040 | $1,029 | $4,307 |
| Broad Ripple Village 3 Bedroom Apartments | $2,567 | $1,275 | $5,067 |
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. Lincolnshire Apartments has the second lowest priced unit, which is a 1 Bed 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 Apartments | 1 Bedroom Garden Level | 1BR,1BA | $875 |
| Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $926 |
| River House | Evanston | Studio,1BA | $1,001 |
| Jade North Apartments | Plan H | 2BR,1BA | $1,104 |
Best Value Apartments for Rent in Broad Ripple Village, IN
As of March 13, 2026 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 Plan E Model at Jade North Apartments starting at $1,275 with a $1.12 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 |
| Jade North Apartments | Plan E | 3BR,1.5BA | $1.12 |
| Park 66 Flats | Palmer | 2BR,2BA | $1.65 |
| The Win | 7179B1 | 2BR,2.5BA | $1.86 |
| Broad Ripple Apartments | Wilrene Townhome | 2BR,1BA | $1.79 |
| Edgewater Apartments | 1 Bedroom | 1BR,1BA | $1.41 |
| Shore Acres | Monon | 1BR,1BA | $1.78 |
| Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $1.35 |
| The Line | Atchinson | Studio ,1BA | $1.85 |
| Lincolnshire Apartments | 1 Bedroom Garden Level | 1BR,1BA | $2.13 |
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Read ArticleYour Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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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!
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 $875 at Lincolnshire 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 Jade North Apartments and starts from $1,275.
Expert Rental Resources
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.
Helpful Local Expert Guides

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.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.
Articles, How-To's, and Tips

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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.