Cheap Homes for Rent in the Brookside Neighborhood of Indianapolis, IN from $500 (53 Rentals)

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

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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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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property at 5241 E 9th St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

3 Bedroom, 1 Bath Home for Rent

Available Aug 1

5241 E 9th St

IndianapolisIN46219

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.

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property at 2952 Adams St

$975

2 Bedroom Rentals

Available Now

2952 Adams St

IndianapolisIN46218

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.

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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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-50, Page 1 of 2

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 Studio unit found at New Bridge priced from $779. Greenway Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $865. Here are the most affordable Brookside apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
New BridgeStudio - The EnclaveStudio,1BA$779
Greenway ApartmentsGreenway 2 bedroom (Large)2BR,1BA$865
Hopeside I2.2-40%-H2BR,2BA$883
The Courts Apartment Homes2x1 Classic2BR,1BA$949
The DominoThe Spark IStudio,1BA$995
College Manor1 BR1BR,1BA$995
Line LoftsThe Inspiraton 50%2BR,1BA$1,014
Minnie HartmanThe Lillie 50%2BR,1BA$1,136

Best Value Apartments for Rent in Brookside, IN

As of July 12, 2026 the best value apartment in the Brookside area is the $1.04 price per square foot #4 Model at 945 Woodruff Place Middle Drive in the in the Martindale neighborhood starting from $1,595. The second greatest value Brookside apartment is the 2945 Schofield Ave Model at 2945 Schofield Ave, Unit 2945 starting at $1,800 with a $1.50 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.
945 Woodruff Place Middle Drive#42BR,1.5BA$1.04
2945 Schofield Ave, Unit 29452945 Schofield Ave4BR,2BA$1.50
Minnie HartmanThe Stella 60%2BR,1BA$1.38
Line LoftsThe Intuition 60%2BR,1BA$1.36
Hopeside I2.2-50%2BR,2BA$1.20
Greenway ApartmentsGreenway 2 bedroom2BR,1BA$1.02
4609 English Ave, Unit Basement4609 English Ave1BR,1BA$1.24
The Courts Apartment Homes2x1 Classic2BR,1BA$1.22
College Manor1 BR1BR,1BA$1.49
2943 Schofield Ave, Unit 29432943 Schofield Ave2BR,1BA$1.47

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

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Real 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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Quick Rent Budget Calculator

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 Lifestyle
Brookside, Indianapolis, IN

Ranked #239

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

Frequently Asked Questions about Brookside

What type of rentals are currently available in Brookside?

There are currently 244 Apartments for Rent in Brookside, IN with pricing that ranges from $599 to $9,594. There are also 200 Single Family Homes for rent, Condos, and Townhome rentals currently available in Brookside ranging from $500 to $6,000.

What is the current price range for Rental Homes in Brookside?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Brookside ranges from $500 to $6,000 with an average monthly rent of $1,695.

How much are larger Three and Four Bedroom Rentals in Brookside?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Brookside range from $825 to $4,335, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $6,000. Four Bedroom Single-Family rentals are also available starting from $1,295 and Four Bedroom Apartments start at $1,119.

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.

decorative image for Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home article

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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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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.