Cheap Apartments for Rent in the Brookside Neighborhood of Indianapolis, IN from $500 (49 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Brookside 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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

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Lockerbie Flats
$1,095
Total Monthly Price

Total Monthly Price

Base Rent
$1,095
Total Monthly Price
$1,095
Studio Apartments Available Now

Lockerbie Flats

619 Vermont PlIndianapolis, IN 46202
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New Bridge Apartments
Studio to 4 Bedroom Apartments

New Bridge Apartments

2372 Beckwith DrIndianapolis, IN 46218
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Emerson Place
1 to 3 Bedroom Apartments

Emerson Place

2110 Emerson Knoll PlIndianapolis, IN 46218
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Hopeside I
2 Bedroom Apartments

Hopeside I

2005 E 25th StIndianapolis, IN 46218
Senior Living

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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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East Ridge
1 to 3 Bedroom Apartments

East Ridge

2302 N Ritter AveIndianapolis, IN 46218
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Ritter Apartments
Studio to 2 Bedroom Apartments

Ritter Apartments

1708 N Ritter AveIndianapolis, IN 46218
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Irvington Living I
1 to 3 Bedroom Apartments

Irvington Living I

4741 E Washington StIndianapolis, IN 46201
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1745 N Ritter Ave
1 Bedroom Apartments

1745 N Ritter Ave

1745 N Ritter AveIndianapolis, IN 46218
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Linwood Manor
1 Bedroom Apartments

Linwood Manor

4509 E Washington StIndianapolis, IN 46201
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Monon Lofts
1 to 2 Bedroom Apartments

Monon Lofts

1122 E 16th StIndianapolis, IN 46202
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Utomin Apartments
Studio to 2 Bedroom Apartments

Utomin Apartments

1112 N College AveIndianapolis, IN 46202
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Broadway Heights
2 Bedroom Apartments

Broadway Heights

1927 Broadway StIndianapolis, IN 46202
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Kelker Hause
1 to 2 Bedroom Apartments

Kelker Hause

5360 Julian AveIndianapolis, IN 46219
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Showing Results 1-49, Page 1 of 1

Brookside, Indianapolis, IN Local Guide

Cheapest Available Brookside Apartments for Rent

 

The cheapest available apartment rental in the Brookside area of Indianapolis, IN is a 1 Bed unit found at Greenway Apartments priced from $775. Colonial Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Brookside apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Greenway ApartmentsGreenway 1 bedroom1BR,1BA$775
Colonial Park1 Bed, 1 bath1BR,1BA$850
Hopeside I2.2-40%-H2BR,2BA$852
The Courts Apartment Homes2x1 Classic2BR,1BA$899
Trail SideA1BR,1BA$938
919 Broadway StA1BR,1BA$950
The DominoThe Spark IStudio,1BA$995
The AssemblyCylinder- Workforce1BR,1BA$1,049

Best Value Apartments for Rent in Brookside, IN

As of March 04, 2026 the best value apartment in the Brookside area is the $0.83 price per square foot 2322 Guilford Ave Model at 2322 Guilford Ave, Unit A in the in the Martindale neighborhood starting from $1,250. The second greatest value Brookside apartment is the 553 N Oakland Ave Model at 553 N Oakland Ave, Unit 553 starting at $1,300 with a $1.04 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for Brookside apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2322 Guilford Ave, Unit A2322 Guilford Ave3BR,1BA$0.83
553 N Oakland Ave, Unit 553553 N Oakland Ave2BR,1BA$1.04
Line LoftsThe Intuition 60%2BR,1BA$1.41
Historic Irvington FlatsC2BR,1BA$1.47
Hopeside I2.2-40%-H2BR,2BA$0.93
Minnie HartmanThe Lillie 60%2BR,1BA$1.36
Trail SideA1BR,1BA$1.12
The Courts Apartment Homes2x1 Classic2BR,1BA$1.15
1628 N Colorado Ave, Unit 1630 N Colorado Ave1628 N Colorado AveStudio ,1BA$1.23
Greenway ApartmentsGreenway 1 bedroom1BR,1BA$1.17

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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

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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 Lifestyle
Brookside, Indianapolis, IN

Ranked #94

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Brookside, Indianapolis, IN

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities and towns across the United States including Brookside, Indianapolis, and the greater Indianapolis area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, pet-friendly features, places to raise kids, proximity to transit, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Brookside Apartments

What is a cheap apartment in Brookside?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Brookside is under $1,049.

What is the price of a cheap apartment in Brookside?

The cheapest apartment in Brookside is Greenway Apartments which is listed at $775, while the average apartment in Brookside costs $1,874.

What types of apartments are the cheapest in Brookside?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 50 regular apartments in Brookside that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Brookside?

Cheap apartments in Brookside have an average cost of $458 which is $1,416 cheaper than the average rent for all rentals in Brookside.

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

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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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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.

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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

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.