Cheap Apartments for Rent in the Broad Ripple Neighborhood of Indianapolis, IN from $800 (17 Rentals)

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

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Monon Walk Apartments
Studio to 1 Bedroom Apartments

Monon Walk Apartments

6115 Winthrop AveIndianapolis, IN 46220
  • Utilities Included

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Showing Results 1-17, Page 1 of 1

Cheapest Available Broad Ripple Apartments for Rent

 

The cheapest available apartment rental in the Broad Ripple area of Indianapolis, IN is a 1 Bed unit found at Wellington Square Apartments priced from $842. Lincolnshire Broad Ripple has the second lowest priced unit, which is a Studio apartment currently listed from $875. Here are the most affordable Broad Ripple apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Wellington Square Apartments1BR/1BA1BR,1BA$842
Lincolnshire Broad RippleStudio Upper LevelsStudio,1BA$875
Jade North ApartmentsPlan FStudio,1BA$900
River HouseKingsleyStudio,1BA$1,087
Monon LivingMonon Place II - StudioStudio,1BA$1,100

Best Value Apartments for Rent in Broad Ripple, IN

As of December 10, 2025 the best value apartment in the Broad Ripple 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 apartment is the Courtyard Townhome Model at Broad Ripple Apartments starting at $1,715 with a $1.72 price per square foot in the Warfleigh neighborhood. Here is today’s list of the best values for Broad Ripple 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
Broad Ripple ApartmentsCourtyard Townhome2BR,1BA$1.72
Edgewater Apartments2 Bedroom2BR,2BA$1.40
Broad Ripple FlatsUpgraded 1, 2 and 2.15 bath apartments2BR,1BA$1.38
Park 66 FlatsCoronado1BR,1BA$1.81
The LineCentral Pacific1BR,1BA$2.03
The RippleStudio - Front SideStudio ,1BA$1.93
Jade North ApartmentsPlan FStudio ,1BA$1.45
Monon LivingMonon Place II - StudioStudio ,1BA$1.87
Wellington Square Apartments1BR/1BA1BR,1BA$1.52

Getting Around the Broad Ripple Neighborhood in Indianapolis, IN

Walk Score®

87 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

80 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

38 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Broad Ripple Apartments

What is the Cheapest Studio apartment in Broad Ripple?

Currently the most affordable Cheap Studio Apartment in Broad Ripple is at Lincolnshire Broad Ripple listed at $875.

How much is rent for a Cheap One Bedroom Broad Ripple Apartment?

The lowest price for a Cheap One Bedroom Broad Ripple Apartment is $842 at Wellington Square Apartments.

What is the lowest price for a Cheap Two Bedroom Broad Ripple Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Broad Ripple is starting from $1,029 at Wellington Square Apartments.

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.

Articles, How-To's, and Tips

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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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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.

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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!