
Cheap Homes for Rent in Broad Ripple Neighborhood of Indianapolis, IN from $1,200 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Broad Ripple area of Indianapolis.


6351 Broadway St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

6206 Meridian St W Dr

5875 N Keystone Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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2360 Durham Dr
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 | $1,945 | $1,650 | $2,400 |
| Broad Ripple 3 Bedroom Homes for Rent | $2,255 | $1,800 | $2,650 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 Monon Walk Apartments priced from $810. Lincolnshire Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $875. Here are the most affordable Broad Ripple apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Monon Walk Apartments | Studio | Studio,1BA | $810 |
| Lincolnshire Apartments | Studio Upper Levels | Studio,1BA | $875 |
| Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $926 |
Best Value Apartments for Rent in Broad Ripple, IN
As of May 28, 2026 the best value apartment in the Broad Ripple area is the $1.80 price per square foot 7179C1 Model at The Win in the in the Warfleigh neighborhood starting from $2,399. The second greatest value Broad Ripple apartment is the Plan E Model at Jade North Apartments starting at $1,275 with a $1.12 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. |
|---|---|---|---|
| The Win | 7179C1 | 3BR,2.5BA | $1.80 |
| Jade North Apartments | Plan E | 3BR,1.5BA | $1.12 |
| Broad Ripple Apartments | Quad Townhome | 2BR,1.5BA | $1.60 |
| Park 66 Flats | Coronado | 1BR,1BA | $1.88 |
| Monon Living | Monon Place II - 1 Bedroom | 1BR,1BA | $1.93 |
| The Line | Central Pacific | 1BR,1BA | $2.22 |
| Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $1.35 |
| Monon Walk Apartments | Studio | Studio ,1BA | $1.35 |
| Versa | Deco | Studio ,1BA | $2.34 |
| Lincolnshire Apartments | Studio Upper Levels | Studio ,1BA | $2.13 |
Frequently Asked Questions about Broad Ripple
What type of rentals are currently available in Broad Ripple?
There are currently 33 Apartments for Rent in Broad Ripple, IN with pricing that ranges from $810 to $5,104. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Broad Ripple ranging from $1,290 to $2,650.
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 $1,290 to $2,650 with an average monthly rent of $1,830.
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.
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