Cheap Homes for Rent in Castleton Neighborhood of Indianapolis, IN from $400 (14 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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Cheapest Available Castleton Apartments for Rent

 

The cheapest available apartment rental in the Castleton area of Indianapolis, IN is a 1 Bed unit found at Lake Castleton priced from $826. 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 CastletonColonial1BR,1BA$826
River Road ApartmentsVilla1BR,1BA$880
Woodbridge Castleton1 Bedroom Apartment1BR,1BA$983
TGM Shadeland StationA11BR,1BA$1,049
Castleton Manor ApartmentsThe Banyan1BR,1BA$1,060

Best Value Apartments for Rent in Castleton, IN

As of September 11, 2025 the best value apartment in the Castleton area is the $1.19 price per square foot B3 Model at TGM Autumn Woods in the in the Roxbury neighborhood starting from $1,525. The second greatest value Castleton apartment is the B4 - Townhome Model at Veridian Castleton starting at $1,403 with a $1.13 price per square foot in the Berkley Place 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.
TGM Autumn WoodsB32BR,2BA$1.19
Veridian CastletonB4 - Townhome2BR,1.5BA$1.13
Bayview Club ApartmentsLake Monroe3BR,2BA$1.38
Ivy Knoll Apartments2Bd/2Ba Up W/D2BR,2BA$1.19
The Preserve on Allisonville TownhomesTwo Bedroom Townhome2BR,1.5BA$1.34
Scandia ApartmentsHalmstead1BR,1.5BA$1.13
TGM Shadeland StationB32BR,2BA$1.52
The Masters ApartmentsTwo Bedroom - Muirfield II2BR,2BA$1.33
Castleton Manor ApartmentsThe Banyan1BR,1.5BA$1.33
Woodbridge Castleton1 Bedroom Apartment1BR,1BA$1.39

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 $880 to $3,390. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Castleton ranging from $1,600 to $2,300.

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 $1,600 to $2,300 with an average monthly rent of $1,931.

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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