Cheap Apartments for Rent in the Castle Knoll Farms Neighborhood of Indianapolis, IN from $400 (39 Rentals)

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

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Lake Castleton Apartments
Rent Specials
$980 - $1,654
Total Monthly Price

Total Monthly Price

Base Rent
$980 - $1,654
Total Monthly Price
$980 - $1,654
Studio to 2 Bedroom Apartments Available Now

Lake Castleton Apartments

7601 Carlton Arms DrIndianapolis, IN 46256
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District South
Rent Specials
$1,527 - $1,999
Total Monthly Price

Total Monthly Price

Base Rent
$1,527 - $1,999
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

District South

8681 Edison Plaza DrFishers, IN 46038
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Ritchey Reserve
1 to 2 Bedroom Apartments

Ritchey Reserve

7889 E 106th StFishers, IN 46038
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Castle Knoll Farms, Indianapolis, IN Local Guide

Cheapest Available Castle Knoll Farms Apartments for Rent

 

The cheapest available apartment rental in the Castle Knoll Farms area of Indianapolis, IN is a 1 Bed unit found at River Road Apartments priced from $880. Lake Castleton Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $980. Here are the most affordable Castle Knoll Farms apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
River Road ApartmentsVilla1BR,1BA$880
Lake Castleton ApartmentsCongressional1BR,1BA$980
Woodbridge Castleton1 Bedroom Apartment1BR,1BA$1,017
Waterside at Castleton1x11BR,1BA$1,025
TGM Autumn WoodsA21BR,1BA$1,049
Parkside at Castleton Square Apartments and TownhomesOne Bedroom1BR,1BA$1,050
Woods of Castleton1 bed/1 bath Down1BR,1BA$1,085
TGM Shadeland StationA11BR,1BA$1,099
Veridian CastletonB32BR,2BA$1,129
Lakeshore ApartmentsWater Tower1BR,1BA$1,139

Best Value Apartments for Rent in Castle Knoll Farms, IN

As of June 20, 2026 the best value apartment in the Castle Knoll Farms area is the $1.18 price per square foot B4 - Townhome Model at Veridian Castleton in the in the Berkley Place neighborhood starting from $1,470. The second greatest value Castle Knoll Farms apartment is the 2Bd/2Ba Dn W/D Model at Ivy Knoll Apartments starting at $1,419 with a $1.19 price per square foot in the Roxbury neighborhood. Here is today’s list of the best values for Castle Knoll Farms apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Veridian CastletonB4 - Townhome2BR,1.5BA$1.18
Ivy Knoll Apartments2Bd/2Ba Dn W/D2BR,2BA$1.19
Pullman PointeViewlinder2BR,2BA$1.46
Wellington PlaceLenox2BR,2BA$1.51
Castle Creek ApartmentsHolly2BR,2BA$1.43
The Preserve on Allisonville TownhomesTwo Bedroom Townhome2BR,1.5BA$1.25
The Masters ApartmentsTwo Bedroom - Muirfield II2BR,2BA$1.29
Avery Point ApartmentsHunter2BR,2BA$1.25
TGM Autumn WoodsB12BR,1BA$1.41
Woodbridge Castleton1 Bedroom Apartment1BR,1BA$1.45

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Pet Friendly Lifestyle
Castle Knoll Farms, Indianapolis, IN

Ranked #42

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Castle Knoll Farms, Indianapolis, IN

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Northeastern Indianapolis, IN. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, pet-friendly features, places to raise kids, proximity to transit, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Castle Knoll Farms Apartments

What is a cheap apartment in Castle Knoll Farms?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Castle Knoll Farms is under $1,139.

What is the price of a cheap apartment in Castle Knoll Farms?

The cheapest apartment in Castle Knoll Farms is River Road Apartments which is listed at $880, while the average apartment in Castle Knoll Farms costs $1,844.

What types of apartments are the cheapest in Castle Knoll Farms?

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 38 regular apartments in Castle Knoll Farms 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 Castle Knoll Farms?

Cheap apartments in Castle Knoll Farms have an average cost of $232 which is $1,612 cheaper than the average rent for all rentals in Castle Knoll Farms.

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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