Cheap Homes for Rent in the Broad Ripple Village Neighborhood of Indianapolis, IN from $500 (7 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 6918 Crittenden Ave

$500

Total Monthly Price

Total Monthly Price

Base Rent
$500

Total Monthly Price
$500

3 Bedroom, 1 Bath Home for Rent

Available Now

6918 Crittenden Ave

IndianapolisIN46220
property at 6721 Riverfront Ave

$1,290 - $2,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,290 - $2,400

Total Monthly Price
$1,290 - $2,400

Studio To 2 Bedroom Homes for Rent

Available Sep 1

6721 Riverfront Ave

IndianapolisIN46220

Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 1015 Northview Avenue

$1,699

Total Monthly Price

Total Monthly Price

Base Rent
$1,699

Total Monthly Price
$1,699

1 Bedroom, 1 Bath Home for Rent

Available Now

1015 Northview Avenue

IndianapolisIN46220

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 $665. Monon Walk Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $810. Here are the most affordable Broad Ripple Village apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Glenstone StudiosStudioStudio,1BA$665
Monon Walk ApartmentsStudioStudio,1BA$810
Wellington Square Apartments1BR/1BA1BR,1BA$926

Best Value Apartments for Rent in Broad Ripple Village, IN

As of July 25, 2026 the best value apartment in the Broad Ripple Village area is the $1.44 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 $2,450. The second greatest value Broad Ripple Village apartment is the 2 Bedroom 2 Bath Model at The Ripple starting at $2,100 with a $1.77 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$1.44
The Ripple2 Bedroom 2 Bath2BR,2BA$1.77
Park 66 FlatsKnickerbocker2BR,2BA$1.65
Jade North ApartmentsPlan H2BR,1.5BA$1.10
The MKA31BR,1BA$1.97
The Coil1-A21BR,1BA$2.29
Monon LivingMonon Place II - 1 Bedroom1BR,1BA$2.05
Wellington Square Apartments1BR/1BA1BR,1BA$1.35
Monon Walk ApartmentsStudioStudio ,1BA$1.35
VersaDecoStudio ,1BA$2.34

Frequently Asked Questions about Broad Ripple Village

What type of rentals are currently available in Broad Ripple Village?

There are currently 38 Apartments for Rent in Broad Ripple Village, IN with pricing that ranges from $649 to $5,283. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Broad Ripple Village ranging from $500 to $3,295.

What is the current price range for Rental Homes in Broad Ripple Village?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Broad Ripple Village ranges from $500 to $3,295 with an average monthly rent of $1,701.

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

decorative image for Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home article

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Written by: Wendy Melton

Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

decorative image for Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods article

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.

decorative image for Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters article

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.