
Cheap Homes for Rent in Broad Ripple Village Neighborhood of Indianapolis, IN from $900 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Broad Ripple Village area of Indianapolis.


2059 Northdale Lake Dr
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.

6721 Riverfront Ave, Unit Studio

77 W Westfield Blvd
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.
Broad Ripple Village, Indianapolis, IN Local Guide

How much does it cost to rent a home in Broad Ripple Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Broad Ripple Village 2 Bedroom Homes for Rent | $1,864 | $1,275 | $2,300 |
| Broad Ripple Village 3 Bedroom Homes for Rent | $2,930 | $1,895 | $5,500 |
| Broad Ripple Village 4 Bedroom Homes for Rent | $2,475 | $2,350 | $2,600 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 1 mile radius of the Broad Ripple Village Neighborhood of Indianapolis, IN.
Explore Indianapolis
Best Value Apartments for Rent in Broad Ripple Village, IN
As of February 25, 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 Palmer Model at Park 66 Flats starting at $1,821 with a $1.60 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 |
| Park 66 Flats | Palmer | 2BR,2BA | $1.60 |
| The Win | 7179B1 | 2BR,2.5BA | $1.86 |
| Edgewater Apartments | 2 Bedroom | 2BR,2BA | $1.40 |
| Broad Ripple Apartments | Wilrene Townhome | 2BR,1BA | $1.79 |
| Broad Ripple Flats | 2x1 | 2BR,1BA | $1.38 |
| Shore Acres | Monon | 1BR,1BA | $1.78 |
| Jade North Apartments | Plan F | Studio ,1BA | $1.45 |
| Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $1.52 |
| Lincolnshire Apartments | 1 Bedroom Garden Level | 1BR,1BA | $2.13 |
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 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Broad Ripple Village ranging from $950 to $5,500.
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 $950 to $5,500 with an average monthly rent of $1,916.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
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.