
Cheap Homes for Rent in Broad Ripple Neighborhood of Indianapolis, IN from $600 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Broad Ripple area of Indianapolis.

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.

6721 Riverfront Ave, Unit Studio
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Broad Ripple, Indianapolis, IN Local Guide

How much does it cost to rent a home in Broad Ripple?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Broad Ripple 2 Bedroom Homes for Rent | $1,831 | $1,665 | $2,300 |
| Broad Ripple 3 Bedroom Homes for Rent | $2,185 | $1,800 | $2,750 |
| Broad Ripple 4 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Broad Ripple Neighborhood of Indianapolis, IN.
Explore Indianapolis
Best Value Apartments for Rent in Broad Ripple, IN
As of November 29, 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 2 Bedroom Model at Edgewater Apartments starting at $1,353 with a $1.35 price per square foot in the Nora neighborhood. Here is today’s list of the best values for Broad Ripple 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 | $1.19 |
| Edgewater Apartments | 2 Bedroom | 2BR,2BA | $1.35 |
| Broad Ripple Apartments | Wilrene Townhome | 2BR,1BA | $1.79 |
| Broad Ripple Flats | Upgraded 1, 2 and 2.15 bath apartments | 2BR,1BA | $1.38 |
| Park 66 Flats | Coronado | 1BR,1BA | $1.62 |
| The Line | Central Pacific | 1BR,1BA | $1.99 |
| The Ripple | Studio - Front Side | Studio ,1BA | $1.93 |
| Jade North Apartments | Plan F | Studio ,1BA | $1.45 |
| Monon Living | Monon Place II - Studio | Studio ,1BA | $1.87 |
| Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $1.52 |
Frequently Asked Questions about Broad Ripple
What type of rentals are currently available in Broad Ripple?
There are currently 34 Apartments for Rent in Broad Ripple, IN with pricing that ranges from $842 to $5,262. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Broad Ripple ranging from $650 to $2,750.
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 $650 to $2,750 with an average monthly rent of $1,859.
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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.