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$649Studio Apartments Available Now
4985 N Franklin Rd, Unit 1
4985 N Franklin RdIndianapolis, IN 46226
Cheap Apartments for Rent in the Brookhaven Neighborhood of Indianapolis, IN from $600 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Brookhaven area of Indianapolis.
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$649Studio Apartments Available Now
4985 N Franklin Rd, Unit Apt 42
4985 N Franklin RdIndianapolis, IN 46226
5013 N Kitley Ave
IndianapolisIN46226
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$687 - $1,871
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$687 - $1,871
Total Monthly Price
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M Club Apartments
7007 Courthouse DrIndianapolis, IN 46226
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$725Studio Apartments Available Now
Franklin Studios
4985 N Franklin RdIndianapolis, IN 46226
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$794 - $1,0401 to 2 Bedroom Apartments Available Now
Serenity Park Apartments
9060 E 39th PlIndianapolis, IN 46235
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$799 - $1,449Studio to 3 Bedroom Apartments Available Now
Kingston Square Apartments
7171 Twin Oaks DrIndianapolis, IN 46226
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.
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$819 - $1,599Studio to 3 Bedroom Apartments Available Now
Harrison Point Apartments
9093 Bourbon StIndianapolis, IN 46235
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$842 - $1,3221 to 2 Bedroom Apartments Available Now
The Life at Harrison Trails
5350 Cider Mill LnIndianapolis, IN 46226
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$850 - $1,0751 to 2 Bedroom Apartments Available Now
Brookhaven Apartments
3900 N Shadeland AveIndianapolis, IN 46226
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$909 - $1,3691 to 3 Bedroom Apartments Available Now
The Prairies Apartment Homes
4555 N ArlingtonIndianapolis, IN 46226
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$925 - $1,1501 to 2 Bedroom Apartments Available Now
Apartments @ Marten Court
7852 Marten Ct SIndianapolis, IN 46226
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$925 - $1,2251 to 2 Bedroom Apartments Available Jun 19
Fountainview Apartments
4800 N Post RdIndianapolis, IN 46226
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$925 - $1,4801 to 4 Bedroom Apartments Available Now
Timber Point Apartments
6201 Newberry RdIndianapolis, IN 46256
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.
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$950 - $1,8501 to 4 Bedroom Apartments Available Now
Williamsburg North
4430 Brookline CtIndianapolis, IN 46220
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$975 - $1,5501 to 3 Bedroom Apartments Available Now
Jamestowne Apartments
8917 Duxbury RdIndianapolis, IN 46226
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$999 - $1,6501 to 3 Bedroom Apartments Available Now
A62 Apartments
6111 Allisonville RdIndianapolis, IN 46220
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$999 - $1,9401 to 3 Bedroom Apartments Available Now
Castleton Manor Apartments
5850 Laketon DrIndianapolis, IN 46220
6005 Dickson Rd
IndianapolisIN46226
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1 to 2 Bedroom Apartments
Peppermill Farms
6830 Mill View DrIndianapolis, IN 46226
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1 to 3 Bedroom Apartments
Trenton House Apartments
5936 Radnor RdIndianapolis, IN 46226
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Showing Results 1-21, Page 1 of 1
Brookhaven, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Brookhaven?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Brookhaven Studio Apartments | $691 | $691 | $691 |
| Brookhaven 1 Bedroom Apartments | $936 | $786 | $1,099 |
| Brookhaven 2 Bedroom Apartments | $1,200 | $969 | $1,585 |
| Brookhaven 3 Bedroom Apartments | $2,135 | $1,200 | $5,846 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 1 mile radius of the Brookhaven Neighborhood of Indianapolis, IN.
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Brookhaven, Indianapolis, IN Local Guide
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Cheapest Available Brookhaven Apartments for Rent
The cheapest available apartment rental in the Brookhaven area of Indianapolis, IN is a 1 Bed unit found at M Club Apartments priced from $687. Franklin Studios has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here are the most affordable Brookhaven apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| M Club Apartments | A1 | 1BR,1BA | $687 |
| Franklin Studios | Studio | Studio,1BA | $725 |
| Kingston Square Apartments | The Ash | Studio,1BA | $799 |
| The Life at Harrison Trails | 1 BED 1 BATH A (LOFT) | 1BR,1BA | $842 |
| Brookhaven Apartments | 1 Bed 1 Bath | 1BR,1BA | $850 |
Best Value Apartments for Rent in Brookhaven, IN
As of June 05, 2026 the best value apartment in the Brookhaven area is the $1.07 price per square foot 2 BR / 1.5 BA Model at Shadeland Terrace Townhomes w/Full Basements in the in the Southeast Indianapolis neighborhood starting from $1,395. The second greatest value Brookhaven apartment is the 2 Bed 1 Bath Model at Brookhaven Apartments starting at $1,050 with a $0.89 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Brookhaven apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Shadeland Terrace Townhomes w/Full Basements | 2 BR / 1.5 BA | 2BR,1.5BA | $1.07 |
| Brookhaven Apartments | 2 Bed 1 Bath | 2BR,1BA | $0.89 |
| The Lenox Apartment Homes | The Bedford - Upgraded | 2BR,2BA | $1.08 |
| Apartments @ Marten Court | 2x1 with washer/dryer | 2BR,1BA | $1.23 |
| Park Forest Apartments | 2BR/1BA | 2BR,1BA | $1.27 |
| Serenity Park Apartments | NOW LEASING – NEW MANAGEMENT – APARTMENTS GOING... | 2BR,1BA | $1.16 |
| Castleton Manor Apartments | The Banyan | 1BR,1.5BA | $1.25 |
| Williamsburg North | Ashland | 1BR,1BA | $1.21 |
| The Life at Harrison Trails | 1 BED 1 BATH A (LOFT) | 1BR,1BA | $1.26 |
| M Club Apartments | S1 | Studio ,1BA | $1.26 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Pet Friendly LifestyleBrookhaven, Indianapolis, IN
Ranked #117
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Brookhaven Apartments
How much is rent for a Cheap One Bedroom Brookhaven Apartment?
The lowest price for a Cheap One Bedroom Brookhaven Apartment is $687 at M Club Apartments.
What is the lowest price for a Cheap Two Bedroom Brookhaven Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Brookhaven is starting from $897 at M Club Apartments.
What is the most affordable Brookhaven Three Bedroom Apartment?
The best deal on a cheap Brookhaven Three Bedroom Apartment rental is at Jamestowne Apartments and starts from $1,100.
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.
Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.