
Cheap Homes for Rent in Broad Ripple Village Neighborhood of Indianapolis, IN from $1,200 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Broad Ripple Village area of Indianapolis.

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.

73 W Westfield Blvd
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.
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 | $1,684 | $1,395 | $1,973 |
| Broad Ripple Village 3 Bedroom Homes for Rent | $2,484 | $1,975 | $2,800 |
Browse Homes for Rent in this Neighborhood
There are currently 2 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 June 09, 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 Plan H Model at Jade North Apartments starting at $1,104 with a $1.10 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 | $1.44 |
| Jade North Apartments | Plan H | 2BR,1.5BA | $1.10 |
| Broad Ripple Apartments | Quad Townhome | 2BR,1.5BA | $1.65 |
| Edgewater Apartments | 2 Bedroom | 2BR,2BA | $1.33 |
| Monon Living | Monon Place I - 2 Bedrooms | 2BR,1BA | $1.87 |
| Park 66 Flats | Coronado | 1BR,1BA | $1.99 |
| The MK | A1 | 1BR,1BA | $1.86 |
| The Line | Central Pacific | 1BR,1BA | $2.07 |
| Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $1.35 |
| Monon Walk Apartments | Studio | Studio ,1BA | $1.35 |
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 $5,274. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Broad Ripple Village ranging from $1,290 to $2,800.
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 $1,290 to $2,800 with an average monthly rent of $1,819.
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
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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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Articles, How-To's, and Tips

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

Pet-Friendly Renting: Everything You Need to Know Before You Move
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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent
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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.