Cheap Homes for Rent in Chapel Hill Village Neighborhood of Indianapolis, IN from $1,000 (10 Rentals)

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

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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Chapel Hill Village, Indianapolis, IN Local Guide

Cheapest Available Chapel Hill Village Apartments for Rent

 

The cheapest available apartment rental in the Chapel Hill Village area of Indianapolis, IN is a 1 Bed unit found at Hills Apartments priced from $724. Ashgrove Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable Chapel Hill Village apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Hills Apartments1 Bedroom 1 Bath Apartment1BR,1BA$724
Ashgrove ApartmentsStudioStudio,1BA$750
Pinnacle WestStudioStudio,1BA$759

Best Value Apartments for Rent in Chapel Hill Village, IN

As of July 30, 2025 the best value apartment in the Chapel Hill Village area is the $1.35 price per square foot Three Bedroom Townhome Model at Ashton Pointe in the in the Speedway Wellhead neighborhood starting from $1,496. The second greatest value Chapel Hill Village apartment is the The Cadwell Model at Wyckford Commons starting at $1,499 with a $1.38 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Ashton PointeThree Bedroom Townhome3BR,1.5BA$1.35
Wyckford CommonsThe Cadwell2BR,1.5BA$1.38
Auburn Hills ApartmentsAugusta Phase II (Fireplace)2BR,2BA$1.49
10 West ApartmentsThe Broadway2BR,2BA$1.31
Eagle Creek CourtTwo Bedroom One Bathroom (CN1)2BR,1BA$1.11
Eagle Lake LandingThe Islander1BR,1BA$1.40
Covington SquareTwo Bedroom One Bath2BR,1BA$1.40
Hills Apartments2 Bedroom 1 Bath Apartment2BR,1BA$1.19
The Legend at SpeedwayA11BR,1BA$1.38
Pinnacle WestStudioStudio ,1BA$1.38

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Frequently Asked Questions about Chapel Hill Village

What type of rentals are currently available in Chapel Hill Village?

There are currently 33 Apartments for Rent in Chapel Hill Village, IN with pricing that ranges from $707 to $3,624. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chapel Hill Village ranging from $1,050 to $2,590.

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 $1,050 to $2,590 with an average monthly rent of $1,684.

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 $1,254 to $3,624, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $2,255. Four Bedroom Single-Family rentals are also available starting from $1,620 and Four Bedroom Apartments start at $1,619.

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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.