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 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Townes at Winthrop2 Bed, 2.5 Bath, 2 car Garage Townhome2BR,2.5BA$1.19
Edgewater Apartments2 Bedroom2BR,2BA$1.35
Broad Ripple ApartmentsWilrene Townhome2BR,1BA$1.79
Broad Ripple FlatsUpgraded 1, 2 and 2.15 bath apartments2BR,1BA$1.38
Park 66 FlatsCoronado1BR,1BA$1.62
The LineCentral Pacific1BR,1BA$1.99
The RippleStudio - Front SideStudio ,1BA$1.93
Jade North ApartmentsPlan FStudio ,1BA$1.45
Monon LivingMonon Place II - StudioStudio ,1BA$1.87
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 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.

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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.

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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! 

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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.