Cheap Homes for Rent in Broad Ripple Village Neighborhood of Indianapolis, IN from $600 (8 Rentals)

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

Broad Ripple Village, Indianapolis, IN Local Guide

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 $842. Here are the most affordable Broad Ripple Village apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Glenstone StudiosStudioStudio,1BA$649
Wellington Square Apartments1BR/1BA1BR,1BA$842
Lincolnshire Broad RippleStudio Upper LevelsStudio,1BA$875

Best Value Apartments for Rent in Broad Ripple Village, IN

As of November 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 7179C1 Model at The Win starting at $2,099 with a $1.57 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Townes at Winthrop2 Bed, 2.5 Bath, 2 car Garage Townhome2BR,2.5BA$1.19
The Win7179C13BR,2.5BA$1.57
Edgewater Apartments2 Bedroom2BR,2BA$1.26
Broad Ripple Flats2x1.52BR,1.5BA$1.23
Broad Ripple ApartmentsWilrene Townhome2BR,1BA$1.79
Monon LivingMonon Place II - 1 Bedroom1BR,1BA$1.56
Park 66 FlatsCoronado1BR,1BA$1.62
The LineCentral Pacific1BR,1BA$1.92
Jade North ApartmentsPlan FStudio ,1BA$1.45
Wellington Square Apartments1BR/1BA1BR,1BA$1.52

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Pet Friendly Lifestyle
Broad Ripple Village, Indianapolis, IN

Ranked #123

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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 $5,271. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Broad Ripple Village ranging from $649 to $2,500.

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 $649 to $2,500 with an average monthly rent of $1,750.

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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.