Cheap Apartments for Rent in the Broad Ripple Neighborhood of Indianapolis, IN from $600 (37 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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Glenstone Studios
$649
Total Monthly Price

Total Monthly Price

Base Rent
$597
Required Monthly Fees
$52
Total Monthly Price
$649
Studio Apartments Available Now

Glenstone Studios

2215 E 56th StIndianapolis, IN 46220
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included

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Chateau in the Woods
$999 - $1,581
Total Monthly Price

Total Monthly Price

Base Rent
$950 - $1,532
Required Monthly Fees
$49
Total Monthly Price
$999 - $1,581
1 to 3 Bedroom Apartments Available Now

Chateau in the Woods

4020 Monaco DrIndianapolis, IN 46220
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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Monon Living
$1,249 - $2,926
Total Monthly Price

Total Monthly Price

Base Rent
$1,166 - $2,843
Required Monthly Fees
$83
Total Monthly Price
$1,249 - $2,926
1 to 2 Bedroom Apartments Available Now

Monon Living

5934 Carvel AveIndianapolis, IN 46220
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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The Coil
Rent Specials
$1,295 - $3,295
Total Monthly Price

Total Monthly Price

Base Rent
$1,113 - $3,113
Required Monthly Fees
$182
Total Monthly Price
$1,295 - $3,295
Studio to 2 Bedroom Apartments Available Now

The Coil

6349 N College AveIndianapolis, IN 46220
Luxury
  • Verified
  • Customer Reviewed
  • 3D Tour
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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 1-37, 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 Studio unit found at Glenstone Studios priced from $649. Broad Ripple Trails has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Broad Ripple apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Glenstone StudiosStudioStudio,1BA$649
Broad Ripple TrailsSTUD-SStudio,1BA$799
Lincolnshire Broad Ripple1 Bedroom Garden Level1BR,1BA$875
Carrollton Manor Apartments1 Bed 1 Bath1BR,1BA$900
4901 N Washington Blvd1 Bed 1 Bath1BR,1BA$900
The Pines at SoBro1 Bedroom 1 Bath Apartment - Classic1BR,1BA$919
Wellington Square Apartments1BR/1BA1BR,1BA$926
Meridian Lakes1Bed/1Ba-Up (C)1BR,1BA$944
Trails at LakesideVictoria1BR,1BA$970
Summit at KeystoneThe Cortina2BR,1BA$991

Best Value Apartments for Rent in Broad Ripple, IN

As of March 22, 2026 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 Lilac Model at Everly at Meridian Hills starting at $1,439 with a $1.03 price per square foot in the Faith Knoll 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
Everly at Meridian HillsLilac2BR,2BA$1.03
Somerset LakesSanctuary: Two Bedroom Apartment2BR,2BA$1.08
Jade North ApartmentsPlan E3BR,1.5BA$1.12
Edison at Meridian Hills2 Bedroom 1 Bath2BR,1BA$1.29
Edgewater Apartments2 Bedroom2BR,2BA$1.40
Broad Ripple Flats2x12BR,1BA$1.38
Willow BrookTwo Bedroom One Bath2BR,1BA$1.40
Carrollton Manor Apartments1 Bed 1 Bath1BR,1BA$1.20
Wellington Square Apartments1BR/1BA1BR,1BA$1.35

Frequently Asked Questions about Cheap Broad Ripple Apartments

What is a cheap apartment in Broad Ripple?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Broad Ripple is under $991.

What is the price of a cheap apartment in Broad Ripple?

The cheapest apartment in Broad Ripple is Lincolnshire Broad Ripple which is listed at $875, while the average apartment in Broad Ripple costs $4,407.

What types of apartments are the cheapest in Broad Ripple?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 28 regular apartments in Broad Ripple that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Broad Ripple?

Cheap apartments in Broad Ripple have an average cost of $178 which is $4,229 cheaper than the average rent for all rentals in Broad Ripple.

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