Cheap Homes for Rent in Broad Ripple Neighborhood of Indianapolis, IN from $1,700 (14 Rentals)

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

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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 Glenstone Studios priced from $649. The Pines at SoBro has the second lowest priced unit, which is a Studio apartment currently listed from $704. Here are the most affordable Broad Ripple apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Glenstone StudiosStudioStudio,1BA$649
The Pines at SoBroStudio ApartmentStudio,1BA$704
Broad Ripple TrailsSTUD-SStudio,1BA$839
Carrollton Manor Apartments1 Bed 1 Bath1BR,1BA$850
Chateau De VilleBordeauxStudio,1BA$871

Best Value Apartments for Rent in Broad Ripple, IN

As of June 22, 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 Orchid Model at Everly at Meridian Hills starting at $1,779 with a $1.07 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 HillsOrchid3BR,2BA$1.07
Edison at Meridian Hills2 Bedroom 2 Bath2BR,2BA$1.13
Somerset LakesLeisure: One Bedroom Apartment With Den1BR,1BA$1.37
WoodlakeTwo Bedroom Apartment Large2BR,1BA$1.44
Meridian Lakes2Bed/1Ba-Dn (F)2BR,1BA$1.40
Fallwood1 Bed/1.5 Ba Den Up1BR,1.5BA$1.34
Harbour PointeThe Hideaway1BR,1BA$1.43
Jade North ApartmentsPlan G1BR,1BA$1.29
Wellington Square Apartments1BR/1BA1BR,1BA$1.35

Frequently Asked Questions about Broad Ripple

What type of rentals are currently available in Broad Ripple?

There are currently 56 Apartments for Rent in Broad Ripple, IN with pricing that ranges from $649 to $5,283. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Broad Ripple ranging from $1,700 to $2,300.

What is the current price range for Rental Homes in Broad Ripple?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Broad Ripple ranges from $1,700 to $2,300 with an average monthly rent of $1,985.

How much are larger Three and Four Bedroom Rentals in Broad Ripple?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Broad Ripple range from $1,064 to $4,403, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $2,100. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $1,236.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.