5406 Chelsea Rd
IndianapolisIN46241
Cheap Homes for Rent in Chapel Hill Village Neighborhood of Indianapolis, IN from $1,200 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Chapel Hill Village area of Indianapolis.
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$1,0502 Bedroom Apartments Available Now
1269 Farley Dr, Unit 1269
1269 Farley DrIndianapolis, IN 46214
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
5909 W Morris St
IndianapolisIN46241
354 S Biltmore Ave
IndianapolisIN46241
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.
6605 W 14th St
IndianapolisIN46214
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Chapel Hill Village, Indianapolis, IN Local Guide
How much does it cost to rent a home in Chapel Hill Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chapel Hill Village 2 Bedroom Homes for Rent | $1,250 | $1,250 | $1,250 |
| Chapel Hill Village 3 Bedroom Homes for Rent | $1,937 | $1,345 | $2,400 |
| Chapel Hill Village 4 Bedroom Homes for Rent | $2,400 | $2,205 | $2,705 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Chapel Hill Village Neighborhood of Indianapolis, IN.
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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 The Boardwalk at Westlake Apartments and Townhomes priced from $740. Pinnacle West has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Chapel Hill Village apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Boardwalk at Westlake Apartments and Townhomes | Studio - 441 sqft | Studio,1BA | $740 |
| Pinnacle West | One Bedroom | 1BR,1BA | $750 |
| The Legend at Speedway | A1 | 1BR,1BA | $799 |
Best Value Apartments for Rent in Chapel Hill Village, IN
As of June 20, 2026 the best value apartment in the Chapel Hill Village area is the $0.98 price per square foot The Voyager Model at Chapel Hill Apartments in the in the West Wayne neighborhood starting from $1,500. The second greatest value Chapel Hill Village apartment is the Three Bedroom 1.5 Bath TH Model at Covington Square starting at $1,470 with a $1.03 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. |
|---|---|---|---|
| Chapel Hill Apartments | The Voyager | 3BR,1.5BA | $0.98 |
| Covington Square | Three Bedroom 1.5 Bath TH | 3BR,1.5BA | $1.03 |
| Runaway Bay Apartments | Newport 1 | 2BR,2BA | $1.34 |
| Ashton Pointe | Three Bedroom Townhome | 3BR,1.5BA | $1.46 |
| Carriage House West | The Kincaid | 2BR,1.5BA | $1.35 |
| The Hermitage | The Hideaway | 2BR,1BA | $1.48 |
| Eagle Lake Landing | The Pier | 1BR,1BA | $1.45 |
| 10 West Apartments | The Abbey | 1BR,1BA | $1.24 |
| The Legend at Speedway | A1 | 1BR,1BA | $1.40 |
| Pinnacle West | Studio | Studio ,1BA | $1.38 |
Frequently Asked Questions about Chapel Hill Village
What type of rentals are currently available in Chapel Hill Village?
There are currently 35 Apartments for Rent in Chapel Hill Village, IN with pricing that ranges from $740 to $3,265. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chapel Hill Village ranging from $1,250 to $2,705.
What is the current price range for Rental Homes in Chapel Hill Village?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Chapel Hill Village ranges from $1,250 to $2,705 with an average monthly rent of $1,862.
How much are larger Three and Four Bedroom Rentals in Chapel Hill Village?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Chapel Hill Village range from $1,360 to $3,265, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,345 to $2,400. Four Bedroom Single-Family rentals are also available starting from $2,205 and Four Bedroom Apartments start at $1,663.
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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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
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Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.