
Cheap Apartments for Rent in the Chapel Hill Village Neighborhood of Indianapolis, IN from $400 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Chapel Hill Village area of Indianapolis.


Ashgrove Apartments

Pinnacle West

The Boardwalk at Westlake Apartments and Townhomes
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Stanford Court
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 | $871 | $750 | $1,095 |
| Chapel Hill Village 1 Bedroom Apartments | $1,007 | $727 | $1,310 |
| Chapel Hill Village 2 Bedroom Apartments | $1,280 | $929 | $1,655 |
| Chapel Hill Village 3 Bedroom Apartments | $1,722 | $1,299 | $6,000 |
| Chapel Hill Village 4 Bedroom Apartments | $1,703 | $1,619 | $1,724 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Chapel Hill Village Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
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 Ashgrove Apartments priced from $750. Sebring Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $751. Here are the most affordable Chapel Hill Village apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ashgrove Apartments | Studio | Studio,1BA | $750 |
| Sebring Court | Standard One Bedroom (SN3M) | 1BR,1BA | $751 |
| Pinnacle West | Studio | Studio,1BA | $759 |
| The Boardwalk at Westlake Apartments and Townhomes | Studio - 441 sqft | Studio,1BA | $775 |
| The Legend at Speedway | A1 | 1BR,1BA | $816 |
Best Value Apartments for Rent in Chapel Hill Village, IN
As of November 07, 2025 the best value apartment in the Chapel Hill Village area is the $1.49 price per square foot Augusta Phase II (Fireplace) Model at Auburn Hills Apartments in the in the Westside Indianapolis neighborhood starting from $1,490. The second greatest value Chapel Hill Village apartment is the Two Bedroom Townhome Model at Ashton Pointe starting at $1,390 with a $1.39 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. |
|---|---|---|---|
| Auburn Hills Apartments | Augusta Phase II (Fireplace) | 2BR,2BA | $1.49 |
| Ashton Pointe | Two Bedroom Townhome | 2BR,1.5BA | $1.39 |
| 10 West Apartments | The Broadway | 2BR,2BA | $1.30 |
| Eagle Lake Landing | The Islander | 1BR,1BA | $1.47 |
| Wyckford Commons | The Artemis | 1BR,1BA | $1.47 |
| The Hermitage | The Retreat | 1BR,1BA | $1.49 |
| Sebring Court | Standard One Bedroom (AN1) | 1BR,1BA | $1.45 |
| The Hills Apartment Homes | 1x1 | 1BR,1BA | $1.36 |
| The Legend at Speedway | A1 | 1BR,1BA | $1.43 |
| Pinnacle West | Studio | Studio ,1BA | $1.38 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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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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
Read ArticleQuick 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.
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 Sebring Court which is listed at $751, while the average apartment in Chapel Hill Village costs $1,724.
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 47 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 $534 which is $1,190 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.

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!

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.





