
Cheap Homes for Rent in Chapel Hill Village Neighborhood of Indianapolis, IN from $1,500 (25 Rentals)
Search the lowest-cost Homes available for rent right now in the Chapel Hill Village area of Indianapolis.


5807 Oliver Ave

1803 Ellen Dr

806 Thorndale St

1218 S Biltmore Ave

1218 S Biltmore Ave
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

8748 Woodpointe Cir

222 Richie Ave

1228 Butternut Ln

7138 Jupiter Dr

832 Prairie Depot

8845 Lighthorse Dr
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

1022 Woodpointe Dr

7119 Mars Dr

8880 Woodpointe Cir

7130 Sun Ct

2256 Midlothian Ln

1621 Orchestra Way
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

1817 Shorter Ct

1663 Rogers Cir

7728 Platini Pl

1460 Waldemere Ave

1804 Shorter Ct

7928 Midlothian Way
Chapel Hill Village - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

1235 W Glenhal Cir
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 | $1,550 | $1,550 | $1,550 |
Chapel Hill Village 3 Bedroom Homes for Rent | $2,023 | $1,550 | $2,800 |
Browse Homes for Rent in this Neighborhood
There are currently 25 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 1 Bed unit found at Eagle Creek Court priced from $719. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Eagle Creek Court | Standard One Bedroom (SN1) | 1BR,1BA | $719 |
Ashgrove Apartments | Studio | Studio,1BA | $750 |
Pinnacle West | Studio | Studio,1BA | $759 |
Darby Court | Standard One Bedroom (SN1) | 1BR,1BA | $781 |
The Legend at Speedway | A1 | 1BR,1BA | $786 |
Best Value Apartments for Rent in Chapel Hill Village, IN
As of May 21, 2025 the best value apartment in the Chapel Hill Village area is the $1.31 price per square foot The Broadway Model at 10 West Apartments in the in the Speedway Wellhead neighborhood starting from $1,291. The second greatest value Chapel Hill Village apartment is the The Everglade Lg Model at Chapel Hill Apartments starting at $1,125 with a $1.25 price per square foot in the West Wayne 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 Broadway | 2BR,2BA | $1.31 |
Chapel Hill Apartments | The Everglade Lg | 2BR,1BA | $1.25 |
Eagle Lake Landing | The Bay Breeze | 1BR,2BA | $1.42 |
Carriage House West | The Addison | 2BR,1BA | $1.50 |
Hills Apartments | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.30 |
Suncrest | Starburst | 1BR,1BA | $1.48 |
Ashton Pointe | One Bedroom Apartment | 1BR,1BA | $1.51 |
Mariners Village | Studio | Studio ,1BA | $1.41 |
The Legend at Speedway | A1 | 1BR,1BA | $1.38 |
Pinnacle West | Studio | Studio ,1BA | $1.38 |
Quick 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.
Frequently Asked Questions about Chapel Hill Village
What type of rentals are currently available in Chapel Hill Village?
There are currently 34 Apartments for Rent in Chapel Hill Village, IN with pricing that ranges from $675 to $3,587. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chapel Hill Village ranging from $1,550 to $2,800.
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 $1,550 to $2,800 with an average monthly rent of $1,786.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.