Cheap Homes for Rent in Broad Ripple Neighborhood of Indianapolis, IN from $600 (2 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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Best Value Apartments for Rent in Broad Ripple, IN

As of January 01, 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 Palmer Model at Park 66 Flats starting at $1,705 with a $1.50 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Townes at Winthrop2 Bed, 2.5 Bath, 2 car Garage Townhome2BR,2.5BA$1.19
Park 66 FlatsPalmer2BR,2BA$1.50
Edgewater Apartments2 Bedroom2BR,2BA$1.47
Broad Ripple ApartmentsWilrene Townhome2BR,1BA$1.79
Broad Ripple FlatsUpgraded 1, 2 and 2.15 bath apartments2BR,1BA$1.38
Monon LivingMonon Place I - 1 Bedroom1BR,1BA$1.67
The LineCentral Pacific1BR,1BA$1.92
The RippleStudio - Front SideStudio ,1BA$1.93
Jade North ApartmentsPlan FStudio ,1BA$1.45
Wellington Square Apartments1BR/1BA1BR,1BA$1.52

Frequently Asked Questions about Broad Ripple

What type of rentals are currently available in Broad Ripple?

There are currently 35 Apartments for Rent in Broad Ripple, IN with pricing that ranges from $842 to $5,274. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Broad Ripple ranging from $650 to $2,950.

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 $2,950 with an average monthly rent of $1,564.

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.

Helpful Local Expert Guides

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis

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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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Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

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Articles, How-To's, and Tips

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

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Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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!