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$727 - $1,2311 to 2 Bedroom Apartments Available Dec 10
Eagle Creek Court
2148 Augusta Dr EIndianapolis, IN 46224
Cheap Apartments for Rent in the Chapel Hill Village Neighborhood of Indianapolis, IN from $400 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Chapel Hill Village area of Indianapolis.
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$750 - $1,025Studio to 2 Bedroom Apartments Contact Us For Availability
Ashgrove Apartments
1211 Ginger CtIndianapolis, IN 46241
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Rent Specials
$759 - $1,529Studio to 2 Bedroom Apartments Available Now
Pinnacle West
230 Welcome Way BlvdIndianapolis, IN 46214
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Rent Specials
$765 - $2,988Studio to 3 Bedroom Apartments Available Now
The Boardwalk at Westlake Apartments and Townhomes
6000 Westlake DrIndianapolis, IN 46224
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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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$733 - $1,2381 to 2 Bedroom Apartments Contact Us For Availability
Stanford Court
1815 Foyt DrSpeedway, IN 46224
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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.
Showing Results 1-12, Page 1 of 1
Chapel Hill Village, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Chapel Hill Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chapel Hill Village Studio Apartments | $852 | $750 | $1,085 |
| Chapel Hill Village 1 Bedroom Apartments | $1,001 | $727 | $1,315 |
| Chapel Hill Village 2 Bedroom Apartments | $1,302 | $945 | $1,690 |
| Chapel Hill Village 3 Bedroom Apartments | $1,708 | $1,299 | $6,000 |
| Chapel Hill Village 4 Bedroom Apartments | $1,671 | $1,619 | $1,724 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Chapel Hill Village Neighborhood of Indianapolis, IN.
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Chapel Hill Village, Indianapolis, IN Local Guide
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Cheapest Available Chapel Hill Village Apartments for Rent
The cheapest available apartment rental in the Chapel Hill Village area of Indianapolis, IN is a Studio unit found at Pinnacle West priced from $759. The Boardwalk at Westlake Apartments and Townhomes has the second lowest priced unit, which is a Studio apartment currently listed from $765. Here are the most affordable Chapel Hill Village apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pinnacle West | Studio | Studio,1BA | $759 |
| The Boardwalk at Westlake Apartments and Townhomes | Studio - 441 sqft | Studio,1BA | $765 |
| The Legend at Speedway | A1 | 1BR,1BA | $799 |
| Darby Court | Standard One Bedroom (SN1) | 1BR,1BA | $801 |
| The Hills Apartment Homes | 1x1 - Classic | 1BR,1BA | $849 |
Best Value Apartments for Rent in Chapel Hill Village, IN
As of December 07, 2025 the best value apartment in the Chapel Hill Village area is the $1.29 price per square foot The Adobe Model at 10 West Apartments in the in the Speedway Wellhead neighborhood starting from $1,666. The second greatest value Chapel Hill Village apartment is the 2 Bed 1.5 Bath Townhome Model at Westpark Townhomes starting at $1,250 with a $1.11 price per square foot in the Speedway Wellhead neighborhood. Here is today’s list of the best values for Chapel Hill Village apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 10 West Apartments | The Adobe | 3BR,2.5BA | $1.29 |
| Westpark Townhomes | 2 Bed 1.5 Bath Townhome | 2BR,1.5BA | $1.11 |
| Ashton Pointe | Three Bedroom Townhome | 3BR,1.5BA | $1.41 |
| Sebring Court | Two Bedroom Two Bathroom (C3M) | 2BR,2BA | $1.05 |
| Eagle Lake Landing | The Sand Piper | 2BR,2BA | $1.39 |
| Covington Square | Two Bedroom One Bath | 2BR,1BA | $1.42 |
| Wyckford Commons | The Artemis | 1BR,1BA | $1.47 |
| The Park at Greenhill | 1 Bedroom 1 Bath 654 SF CS - Upgrade | 1BR,1BA | $1.49 |
| The Legend at Speedway | A1 | 1BR,1BA | $1.40 |
| Pinnacle West | Studio | Studio ,1BA | $1.38 |
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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleYour 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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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 LifestyleChapel Hill Village, Indianapolis, IN
Ranked #180
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Lifestyle Ratings
Our team works hard to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Chapel Hill Village, Indianapolis, and the greater Indianapolis area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, transit availability, pet-friendly communities, family-friendliness, and other valuable search options. These search options are in the site filters at the top of this page.
Getting Around the Chapel Hill Village Neighborhood in Indianapolis, IN
Walk Score®
47 / 100
Car-Dependent
Most errands require a car
Bike Score®
41 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
30 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Chapel Hill Village Apartments
What is a cheap apartment in Chapel Hill Village?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Chapel Hill Village is under $973.
What is the price of a cheap apartment in Chapel Hill Village?
The cheapest apartment in Chapel Hill Village is The Legend at Speedway which is listed at $799, while the average apartment in Chapel Hill Village costs $1,671.
What types of apartments are the cheapest in Chapel Hill Village?
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 42 regular apartments in Chapel Hill Village 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 Chapel Hill Village?
Cheap apartments in Chapel Hill Village have an average cost of $408 which is $1,263 cheaper than the average rent for all rentals in Chapel Hill Village.
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.
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.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!