Cheap Apartments for Rent in the Broad Ripple Neighborhood of Indianapolis, IN from $800 (16 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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Cheapest Available Broad Ripple Apartments for Rent

 

The cheapest available apartment rental in the Broad Ripple area of Indianapolis, IN is a Studio unit found at Lincolnshire Broad Ripple priced from $875. 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 apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Lincolnshire Broad RippleStudio Upper LevelsStudio,1BA$875
Wellington Square Apartments1BR/1BA1BR,1BA$926
Jade North ApartmentsPlan G1BR,1BA$950
River HouseEvanstonStudio,1BA$1,075
Monon LivingMonon Place II - StudioStudio,1BA$1,175

Best Value Apartments for Rent in Broad Ripple, IN

As of October 25, 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 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 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
Park 66 FlatsPalmer2BR,2BA$1.62
Edgewater Apartments2 Bedroom2BR,2BA$1.32
Broad Ripple ApartmentsWilrene Townhome2BR,1BA$1.79
Broad Ripple Flats2x12BR,1BA$1.38
Jade North ApartmentsPlan G1BR,1BA$1.29
Wellington Square Apartments1BR/1BA1BR,1BA$1.35
The LineBeltine B1BR,1BA$2.04
The RippleStudio - Front SideStudio ,1BA$1.93

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 $926 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.

What is the most affordable Broad Ripple Three Bedroom Apartment?

The best deal on a cheap Broad Ripple Three Bedroom Apartment rental is at Monon Living and starts from $1,630.

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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