
Cheap Homes for Rent in Broad Ripple Neighborhood of Indianapolis, IN from $600 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Broad Ripple area of Indianapolis.


6057 Rosslyn Ave

6210 N Washington Blvd
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.

6111 Allisonville Rd

6111 Allisonville Rd
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.

6061 Evanston Ave
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 | $1,850 | $1,350 | $2,400 |
Broad Ripple 3 Bedroom Homes for Rent | $2,095 | $1,995 | $2,195 |
Broad Ripple 4 Bedroom Homes for Rent | $2,112 | $1,825 | $2,400 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Broad Ripple Neighborhood of Indianapolis, IN.
Explore Indianapolis
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 $729. Here are the most affordable Broad Ripple apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Glenstone Studios | Studio | Studio,1BA | $649 |
The Pines at SoBro | Studio Apartment | Studio,1BA | $729 |
Broad Ripple Trails | STUD-S | Studio,1BA | $839 |
Best Value Apartments for Rent in Broad Ripple, IN
As of August 30, 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 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 |
Everly at Meridian Hills | Orchid | 3BR,2BA | $1.07 |
Edgewater Apartments | 2 Bedroom | 2BR,2BA | $1.30 |
Woodlake | Two Bedroom Townhome | 2BR,1.5BA | $1.39 |
Edison at Meridian Hills | 1 Bedroom 1.5 Bath | 1BR,1.5BA | $1.10 |
Harbour Pointe | The Hideaway | 1BR,1BA | $1.43 |
Broad Ripple Flats | 2x1 | 2BR,1BA | $1.38 |
Fallwood | 1 Bed/1.5 Ba Dn | 1BR,1.5BA | $1.43 |
Jade North Apartments | Plan G | 1BR,1BA | $1.29 |
Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $1.35 |
Frequently Asked Questions about Broad Ripple
What type of rentals are currently available in Broad Ripple?
There are currently 57 Apartments for Rent in Broad Ripple, IN with pricing that ranges from $649 to $5,271. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Broad Ripple ranging from $675 to $2,400.
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 $675 to $2,400 with an average monthly rent of $1,625.
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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.