
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.

2113 Pamela Dr
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 | $1,926 | $1,595 | $2,500 |
| Broad Ripple 3 Bedroom Homes for Rent | $2,137 | $1,750 | $2,950 |
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 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 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 |
| Park 66 Flats | Palmer | 2BR,2BA | $1.50 |
| Edgewater Apartments | 2 Bedroom | 2BR,2BA | $1.47 |
| Broad Ripple Apartments | Wilrene Townhome | 2BR,1BA | $1.79 |
| Broad Ripple Flats | Upgraded 1, 2 and 2.15 bath apartments | 2BR,1BA | $1.38 |
| Monon Living | Monon Place I - 1 Bedroom | 1BR,1BA | $1.67 |
| The Line | Central Pacific | 1BR,1BA | $1.92 |
| The Ripple | Studio - Front Side | Studio ,1BA | $1.93 |
| Jade North Apartments | Plan F | Studio ,1BA | $1.45 |
| 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 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

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 Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
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.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.
Articles, How-To's, and Tips

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
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.

Renting with Roommates: Realistic Expectations for Shared Lease
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.

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!