Cheap Homes for Rent in Castleton Neighborhood of Indianapolis, IN from $300 (13 Rentals)

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

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Showing Results 1-13, Page 1 of 1

Cheapest Available Castleton Apartments for Rent

 

The cheapest available apartment rental in the Castleton area of Indianapolis, IN is a 2 Beds unit found at Lake Castleton Apartments priced from $814. River Road Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $880. Here are the most affordable Castleton apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Lake Castleton ApartmentsLiberty2BR,2BA$814
River Road ApartmentsVilla1BR,1BA$880
Scandia ApartmentsDannenborg1BR,1BA$894
Riverbend ApartmentsMonte Carlo1BR,1BA$967
Woodbridge Castleton1 Bedroom Apartment1BR,1BA$968

Best Value Apartments for Rent in Castleton, IN

As of November 02, 2025 the best value apartment in the Castleton area is the $1.13 price per square foot B4 - Townhome Model at Veridian Castleton in the in the Berkley Place neighborhood starting from $1,403. The second greatest value Castleton apartment is the 2Bd/2Ba Dn W/D Model at Ivy Knoll Apartments starting at $1,499 with a $1.25 price per square foot in the Roxbury neighborhood. Here is today’s list of the best values for Castleton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Veridian CastletonB4 - Townhome2BR,1.5BA$1.13
Ivy Knoll Apartments2Bd/2Ba Dn W/D2BR,2BA$1.25
Lake Clearwater ApartmentsMallard2BR,2BA$1.48
The Preserve on Allisonville TownhomesTwo Bedroom Townhome2BR,1.5BA$1.37
The Masters ApartmentsTwo Bedroom - Pinehurst II2BR,1BA$1.40
Castleton Manor ApartmentsThe Banyan1BR,1.5BA$1.25
Riverbend ApartmentsAthens1BR,1BA$1.48
Scandia ApartmentsTivoli1BR,1BA$1.28
Bayview Club ApartmentsLake Maxinkuckee1BR,1BA$1.48
Woodbridge Castleton1 Bedroom Apartment1BR,1BA$1.38

Frequently Asked Questions about Castleton

What type of rentals are currently available in Castleton?

There are currently 34 Apartments for Rent in Castleton, IN with pricing that ranges from $787 to $2,710. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Castleton ranging from $385 to $2,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Castleton ranges from $385 to $2,000 with an average monthly rent of $1,397.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.