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$720 - $3,038Studio to 3 Bedroom Apartments Available Now
The Boardwalk at Westlake Apartments and Townhomes
6000 Westlake DrIndianapolis, IN 46224
Cheap Apartments for Rent in the Chapel Hill Neighborhood of Indianapolis, IN from $494 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Chapel Hill area of Indianapolis.
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$750 - $1,550Studio to 2 Bedroom Apartments Available Now
Pinnacle West
230 Welcome Way BlvdIndianapolis, IN 46214
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$750 - $1,025Studio to 2 Bedroom Apartments Available Soon
Ashgrove Apartments
1211 Ginger CtIndianapolis, IN 46241
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$767 - $1,3061 to 2 Bedroom Apartments Available Now
Eagle Creek Court
2148 Augusta Dr EIndianapolis, IN 46224
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1 to 4 Bedroom Apartments
Addison Creek
58 Port Ocall DrIndianapolis, IN 46224
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1 to 3 Bedroom Apartments
Cloverleaf Apartments & Townhomes
835 Cloverleaf TerIndianapolis, IN 46241
Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.
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Studio to 3 Bedroom Apartments
Pinewood Village Apartments
5402 Norfolk WayIndianapolis, IN 46224
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1 to 3 Bedroom Apartments
Remington on Rockville
7455 Rockleigh AveIndianapolis, IN 46214
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1 to 3 Bedroom Apartments
Sebring Court
1902 Parsons DrIndianapolis, IN 46224
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2 to 4 Bedroom Apartments
Mariwood
9231 Mariwood PkyIndianapolis, IN 46234
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$773 - $1,4281 to 2 Bedroom Apartments Available Soon
Stanford Court
1815 Foyt DrSpeedway, IN 46224
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1 to 2 Bedroom Apartments
The Legend at Speedway
2202 Fair Oaks DrSpeedway, IN 46224
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
Showing Results 1-12, Page 1 of 1
Chapel Hill, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Chapel Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chapel Hill Studio Apartments | $936 | $750 | $1,800 |
| Chapel Hill 1 Bedroom Apartments | $1,046 | $720 | $2,719 |
| Chapel Hill 2 Bedroom Apartments | $1,371 | $945 | $2,944 |
| Chapel Hill 3 Bedroom Apartments | $1,782 | $1,249 | $3,361 |
| Chapel Hill 4 Bedroom Apartments | $1,719 | $1,663 | $1,776 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Chapel Hill Neighborhood of Indianapolis, IN.
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Chapel Hill, Indianapolis, IN Local Guide
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Cheapest Available Chapel Hill Apartments for Rent
The cheapest available apartment rental in the Chapel Hill area of Indianapolis, IN is a 1 Bed unit found at The Boardwalk at Westlake Apartments and Townhomes priced from $720. 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 apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Boardwalk at Westlake Apartments and Townhomes | One Bedroom - 516 sqft | 1BR,1BA | $720 |
| Pinnacle West | One Bedroom | 1BR,1BA | $750 |
| Sebring Court | Standard One Bedroom (SN3M) | 1BR,1BA | $764 |
| The Legend at Speedway | A1 | 1BR,1BA | $799 |
| 5911 W 25th St | 1 Bed 1 Bath - Speedway 5911 | 1BR,1BA | $849 |
Best Value Apartments for Rent in Chapel Hill, IN
As of September 12, 2026 the best value apartment in the Chapel Hill area is the $1.28 price per square foot Newport 1 Model at Runaway Bay Apartments in the in the Cheswick Place neighborhood starting from $1,444. The second greatest value Chapel Hill apartment is the The Broadway Model at 10 West Apartments starting at $1,221 with a $1.24 price per square foot in the West Wayne neighborhood. Here is today’s list of the best values for Chapel Hill apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Runaway Bay Apartments | Newport 1 | 2BR,2BA | $1.28 |
| 10 West Apartments | The Broadway | 2BR,2BA | $1.24 |
| Darby Court | Two Bedroom One Bathroom (CN1) | 2BR,1BA | $1.19 |
| The Hermitage | The Haven | 2BR,2BA | $1.32 |
| Residences on Ronald Reagan | Dutch | 1BR,1BA | $1.41 |
| Carriage House West | The Addison | 2BR,1BA | $1.34 |
| Eagle Creek Court | Deluxe One Bedroom (AN1) | 1BR,1BA | $1.41 |
| 5911 W 25th St | 1 Bed 1 Bath - Speedway 5911 | 1BR,1BA | $1.42 |
| The Legend at Speedway | A1 | 1BR,1BA | $1.40 |
| Pinnacle West | Studio | Studio ,1BA | $1.38 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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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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.
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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.
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Pet Friendly LifestyleChapel Hill, Indianapolis, IN
Ranked #146
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Chapel Hill, Indianapolis, IN
School data provided by Great Schools
Frequently Asked Questions about Cheap Chapel Hill Apartments
What is a cheap apartment in Chapel Hill?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Chapel Hill is under $957.
What is the price of a cheap apartment in Chapel Hill?
The cheapest apartment in Chapel Hill is The Boardwalk at Westlake Apartments and Townhomes which is listed at $720, while the average apartment in Chapel Hill costs $1,258.
What types of apartments are the cheapest in Chapel Hill?
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 69 regular apartments in Chapel Hill 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?
Cheap apartments in Chapel Hill have an average cost of $419 which is $839 cheaper than the average rent for all rentals in Chapel Hill.
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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Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
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