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$1,079Studio Apartments Available Now
Furnished Studio-Indianapolis - West
8045 Rockville RdIndianapolis, IN 46214
Cheap Homes for Rent in Chapel Hill Neighborhood of Indianapolis, IN from $1,400 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Chapel Hill area of Indianapolis.
311 Burke Ave
IndianapolisIN46234
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.
311 Burke Ave
IndianapolisIN46234
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$1,650Studio Apartments Available Now
Furnished Studio-Indianapolis - Airport - ...
5350 W Southern AveIndianapolis, IN 46241
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.
439 Venus Dr
IndianapolisIN46241
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Chapel Hill, Indianapolis, IN Local Guide
How much does it cost to rent a home in Chapel Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chapel Hill 3 Bedroom Homes for Rent | $1,546 | $1,445 | $1,750 |
| Chapel Hill 4 Bedroom Homes for Rent | $1,830 | $1,830 | $1,830 |
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 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 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 $765. Here are the most affordable Chapel Hill 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 - 467 sqft | Studio,1BA | $765 |
| Darby Court | Standard One Bedroom (SN1) | 1BR,1BA | $769 |
Best Value Apartments for Rent in Chapel Hill, IN
As of December 22, 2025 the best value apartment in the Chapel Hill area is the $0.98 price per square foot The Kenai Model at Chapel Hill Apartments in the in the West Wayne neighborhood starting from $1,425. The second greatest value Chapel Hill apartment is the 2 Bed 1.5 Bath Townhome Model at Westpark Townhomes starting at $1,250 with a $1.11 price per square foot in the Speedway Wellhead 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. |
|---|---|---|---|
| Chapel Hill Apartments | The Kenai | 2BR,1.5BA | $0.98 |
| Westpark Townhomes | 2 Bed 1.5 Bath Townhome | 2BR,1.5BA | $1.11 |
| Ashton Pointe | Three Bedroom Townhome | 3BR,1.5BA | $1.41 |
| Sebring Court | Two Bedroom Two Bathroom (C3M) | 2BR,2BA | $1.00 |
| 10 West Apartments | The Dakota | 2BR,1BA | $1.29 |
| Eagle Creek Court | Two Bedroom One Bathroom (CN1) | 2BR,1BA | $1.14 |
| Eagle Lake Landing | The Bay Breeze | 1BR,2BA | $1.44 |
| Covington Square | Two Bedroom One Bath | 2BR,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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 ArticleQuick 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.
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Pet Friendly LifestyleChapel Hill, Indianapolis, IN
Ranked #152
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 Chapel Hill
What type of rentals are currently available in Chapel Hill?
There are currently 44 Apartments for Rent in Chapel Hill, IN with pricing that ranges from $727 to $6,000. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chapel Hill ranging from $1,445 to $1,830.
What is the current price range for Rental Homes in Chapel Hill?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Chapel Hill ranges from $1,445 to $1,830 with an average monthly rent of $1,688.
How much are larger Three and Four Bedroom Rentals in Chapel Hill?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Chapel Hill range from $1,319 to $6,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,445 to $1,750. Four Bedroom Single-Family rentals are also available starting from $1,830 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.
Articles, How-To's, and Tips
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.
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!