
Cheap Homes for Rent in Chapel Hill Village Neighborhood of Indianapolis, IN from $1,300 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Chapel Hill Village area of Indianapolis.


734 S Whitcomb Ave
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.

5339 Greensward Ln

329 Coronado Rd
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.

1353 New Field Ln
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 3 Bedroom Homes for Rent | $1,770 | $1,550 | $2,090 |
| Chapel Hill Village 4 Bedroom Homes for Rent | $1,792 | $1,360 | $2,300 |
| Chapel Hill Village 5 Bedroom Homes for Rent | $2,670 | $2,670 | $2,670 |
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.
Explore Indianapolis
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 $760. 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 | $760 |
| Darby Court | Standard One Bedroom (SN1) | 1BR,1BA | $769 |
Best Value Apartments for Rent in Chapel Hill Village, IN
As of January 05, 2026 the best value apartment in the Chapel Hill Village area is the $1.11 price per square foot 2 Bed 1.5 Bath Townhome Model at Westpark Townhomes in the in the Speedway Wellhead neighborhood starting from $1,250. The second greatest value Chapel Hill Village apartment is the Three Bedroom Townhome Model at Ashton Pointe starting at $1,524 with a $1.37 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. |
|---|---|---|---|
| Westpark Townhomes | 2 Bed 1.5 Bath Townhome | 2BR,1.5BA | $1.11 |
| Ashton Pointe | Three Bedroom Townhome | 3BR,1.5BA | $1.37 |
| Wyckford Commons | The Cadwell | 2BR,1.5BA | $1.33 |
| Sebring Court | Two Bedroom Two Bathroom (C3M) | 2BR,2BA | $1.00 |
| Chapel Hill Apartments | The Redwood | 3BR,1BA | $1.26 |
| 10 West Apartments | The Dakota | 2BR,1BA | $1.29 |
| Eagle Lake Landing | The Bay Breeze | 1BR,2BA | $1.36 |
| The Legend at Speedway | A1 | 1BR,1BA | $1.40 |
| Pinnacle West | Studio | Studio ,1BA | $1.38 |
| Darby Court | Standard One Bedroom (SN1) | 1BR,1BA | $1.48 |
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 $727 to $6,000. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chapel Hill Village ranging from $1,360 to $2,670.
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 $1,360 to $2,670 with an average monthly rent of $2,077.
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 $1,319 to $6,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $2,090. Four Bedroom Single-Family rentals are also available starting from $1,360 and Four Bedroom Apartments start at $1,619.
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.
Helpful Local Expert Guides

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.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.
Articles, How-To's, and Tips

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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!