Cheap Apartments for Rent in the Brookside Neighborhood of Indianapolis, IN from $500 (114 Rentals)

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

property at 4720 Munter Ln

$765 - $800

Total Monthly Price

Total Monthly Price

Base Rent
$765 - $800
Total Monthly Price
$765 - $800

1 Bedroom, 1 Bath Home for Rent

Available Now

4720 Munter Ln

IndianapolisIN46218

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property at 2950 N Colorado Ave

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095
Total Monthly Price
$1,095

2 Bedroom, 1 Bath Home for Rent

Available Now

2950 N Colorado Ave

IndianapolisIN46218

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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 New Bridge priced from $809. 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
New Bridge1 Bed 1 Bath - The Queensboro1BR,1BA$809
Colonial Park1 Bed, 1 bath1BR,1BA$850
Greenway ApartmentsGreenway 2 bedroom (Large)2BR,1BA$865
Hopeside I2.2-40%-H2BR,2BA$883
Utomin Apartments1 Bedroom Sublevel1BR,1BA$900
The Courts Apartment Homes2x1 Classic2BR,1BA$919
412 N Bradley Ave2 Beds, 1 Baths2BR,1BA$950
College Manor1 BR1BR,1BA$995
Line LoftsThe Inspiraton 50%2BR,1BA$1,014

Best Value Apartments for Rent in Brookside, IN

As of June 03, 2026 the best value apartment in the Brookside area is the $0.93 price per square foot 1134 N Dearborn St Model at 1134 N Dearborn St, Unit B in the in the Martindale neighborhood starting from $1,400. The second greatest value Brookside apartment is the 2031 Broadway St Model at 2031 Broadway St, Unit Broadway starting at $1,395 with a $1.03 price per square foot in the Near North Indianapolis 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.
1134 N Dearborn St, Unit B1134 N Dearborn St3BR,1BA$0.93
2031 Broadway St, Unit Broadway2031 Broadway St3BR,1BA$1.03
Glen Ridge Manor Townhomes and Flats (Indy Town)Glen Ridge 2 Bedroom Townhome2BR,1BA$0.95
3312 E 9th St, Unit 33123312 E 9th St3BR,2BA$1.27
Line LoftsThe Intuition 60%2BR,1BA$1.36
Hopeside I2.2-40%-H2BR,2BA$0.96
Minnie HartmanThe Lillie 60%2BR,1BA$1.34
Greenway ApartmentsGreenway 2 bedroom2BR,1BA$1.02
The Courts Apartment Homes2x1 Classic2BR,1BA$1.18
412 N Bradley Ave2 Beds, 1 Baths2BR,1BA$1.36

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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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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Pet Friendly Lifestyle
Brookside, Indianapolis, IN

Ranked #247

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 $1,014.

What is the price of a cheap apartment in Brookside?

The cheapest apartment in Brookside is New Bridge which is listed at $809, while the average apartment in Brookside costs $1,647.

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 13 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 $105 which is $1,542 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.

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