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$649Studio Apartments Available Now
Glenstone Studios
2215 E 56th StIndianapolis, IN 46220
Cheap Apartments for Rent in the Broad Ripple Village Neighborhood of Indianapolis, IN from $600 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Broad Ripple Village area of Indianapolis.
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$842 - $1,0291 to 2 Bedroom Apartments Available Now
Wellington Square Apartments
725 E 64th StIndianapolis, IN 46220
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$875 - $9501 Bedroom Apartments Available Jul 7
Lincolnshire Apartments
6221 N College AveIndianapolis, IN 46220
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$900 - $1,275Studio to 3 Bedroom Apartments Available Now
Jade North Apartments
6565 N College AveIndianapolis, IN 46220
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$1,082 - $5,116Studio to 1 Bedroom Apartments Available Now
River House
6311 E Westfield BlvdIndianapolis, IN 46220
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$1,176 - $1,2262 Bedroom Apartments Available Jan 15, 2027
Broad Ripple Flats
6018 N College AveIndianapolis, IN 46220
6721 Riverfront Ave, Unit Studio, Unit Studio
6721 Riverfront Ave
IndianapolisIN46220
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$1,250 - $2,250Studio to 2 Bedroom Apartments Available Now
The Ripple
1430 Broad Ripple AveIndianapolis, IN 46220
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$1,269 - $2,950Studio to 3 Bedroom Apartments Available Now
Versa
6220 Guilford AveIndianapolis, IN 46220
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$1,270 - $1,4951 to 2 Bedroom Apartments Available Jun 10
Edgewater Apartments
6701 N College AveIndianapolis, IN 46220
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Rent Specials
$1,295 - $3,195Studio to 2 Bedroom Apartments Available Now
The Coil
6349 N College AveIndianapolis, IN 46220
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$1,342 - $1,901Studio to 2 Bedroom Apartments Available Now
Park 66 Flats
888 E 66th StIndianapolis, IN 46220
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$1,360 - $4,974Studio to 3 Bedroom Apartments Available Now
Monon Living
5934 Carvel AveIndianapolis, IN 46220
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$1,417 - $1,9341 to 2 Bedroom Apartments Available Apr 29
The Line
950 E 64th StIndianapolis, IN 46220
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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$1,595 - $1,805
Total Monthly Price
2 Bedroom Apartments Available Jun 6Total Monthly Price
Base Rent
$1,595 - $1,805
Total Monthly Price
$1,595 - $1,805
Broad Ripple Apartments
6184 Carvel AveIndianapolis, IN 46220
6401 Central Ave
IndianapolisIN46220
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Studio to 3 Bedroom Apartments
Shore Acres
1105 Westfield Ct WIndianapolis, IN 46240
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Studio to 1 Bedroom Apartments
Monon Walk Apartments
6115 Winthrop AveIndianapolis, IN 46220
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2 Bedroom Apartments
Compton Court Apartments
6126 Compton StIndianapolis, IN 46220
73 W Westfield Blvd
IndianapolisIN46208
6576 Reserve Dr
IndianapolisIN46220
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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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 | $1,430 | $649 | $5,116 |
| Broad Ripple Village 1 Bedroom Apartments | $1,578 | $842 | $2,950 |
| Broad Ripple Village 2 Bedroom Apartments | $2,050 | $1,029 | $5,709 |
| Broad Ripple Village 3 Bedroom Apartments | $2,132 | $1,275 | $2,665 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 1 mile radius of the Broad Ripple Village Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
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 |
| River House | Evanston | Studio,1BA | $1,082 |
| Jade North Apartments | Plan H | 2BR,1BA | $1,104 |
| The Ripple | Studio - Front Side | Studio,1BA | $1,250 |
Best Value Apartments for Rent in Broad Ripple Village, IN
As of April 27, 2026 the best value apartment in the Broad Ripple Village area is the $2.82 price per square foot Suite 200 Model at River House in the in the Nora neighborhood starting from $5,116. 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. |
|---|---|---|---|
| River House | Suite 200 | Studio ,1BA | $2.82 |
| Jade North Apartments | Plan E | 3BR,1.5BA | $1.12 |
| Park 66 Flats | Palmer | 2BR,2BA | $1.66 |
| Versa | Impression | 1BR,2BA | $2.65 |
| Monon Living | Monon Place II - 1 Bedroom | 1BR,1BA | $2.00 |
| Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $1.35 |
| The Ripple | Studio - Front Side | Studio ,1BA | $1.93 |
| The Coil | S-C | Studio ,1BA | $2.43 |
| Glenstone Studios | Studio | Studio ,1BA | $2.60 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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.
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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
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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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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 a cheap apartment in Broad Ripple Village?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Broad Ripple Village is under $1,881.
What is the price of a cheap apartment in Broad Ripple Village?
The cheapest apartment in Broad Ripple Village is Wellington Square Apartments which is listed at $926, while the average apartment in Broad Ripple Village costs $2,145.
What types of apartments are the cheapest in Broad Ripple Village?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 5 regular apartments in Broad Ripple Village that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
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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.
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