
Cheap Homes for Rent in Broad Ripple Village Neighborhood of Indianapolis, IN from $1,500 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Broad Ripple Village area of Indianapolis.


6061 Evanston Ave
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.

5651 N Illinois St

6021 N College Ave
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

545 E Westfield Blvd
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 | $1,700 | $1,500 | $2,100 |
Broad Ripple Village 3 Bedroom Homes for Rent | $2,550 | $2,500 | $2,600 |
Broad Ripple Village 4 Bedroom Homes for Rent | $2,100 | $1,800 | $2,400 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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. 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 |
Jade North Apartments | Plan G | 1BR,1BA | $950 |
Best Value Apartments for Rent in Broad Ripple Village, IN
As of July 12, 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 7179B1 Model at The Win starting at $1,825 with a $1.70 price per square foot in the Warfleigh 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 |
The Win | 7179B1 | 2BR,2.5BA | $1.70 |
Broad Ripple Apartments | Courtyard Townhome | 2BR,1BA | $1.63 |
Monon Living | Monon Place I - 2 Bedrooms | 2BR,1BA | $1.67 |
Edgewater Apartments | 1 Bedroom | 1BR,1BA | $1.33 |
Shore Acres | Ripple | 1BR,1BA | $1.73 |
Jade North Apartments | Plan G | 1BR,1BA | $1.29 |
Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $1.35 |
Park 66 Flats | Biltmore | Studio ,1BA | $2.08 |
The Ripple | Studio - Front Side | Studio ,1BA | $1.93 |
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Frequently Asked Questions about Broad Ripple Village
What type of rentals are currently available in Broad Ripple Village?
There are currently 37 Apartments for Rent in Broad Ripple Village, IN with pricing that ranges from $649 to $5,274. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Broad Ripple Village ranging from $1,500 to $2,600.
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 $1,500 to $2,600 with an average monthly rent of $2,000.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.