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Cheap Homes for Rent in Chapel Hill Neighborhood of Indianapolis, IN from $1,500 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Chapel Hill area of Indianapolis.
54 Cedar Bluff Dr
IndianapolisIN46214
7152 Moon Ct
IndianapolisIN46241
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.
942 Delray Dr
IndianapolisIN46241
1022 Woodpointe Dr
IndianapolisIN46234
523 Chapel Hill W Dr
IndianapolisIN46214
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.
Showing Results 1-6, Page 1 of 1
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 | $1,686 | $1,515 | $1,870 |
Browse Homes for Rent in this Neighborhood
There are currently 6 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 Hills Apartments priced from $689. Stanford Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $713. Here are the most affordable Chapel Hill apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hills Apartments | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $689 |
| Stanford Court | Standard One Bedroom (SN1) | 1BR,1BA | $713 |
| Ashgrove Apartments | Studio | Studio,1BA | $750 |
Best Value Apartments for Rent in Chapel Hill, IN
As of July 22, 2025 the best value apartment in the Chapel Hill area is the $0.92 price per square foot The Denali Model at Chapel Hill Apartments in the in the West Wayne neighborhood starting from $1,275. The second greatest value Chapel Hill apartment is the Three Bedroom Townhome Model at Ashton Pointe starting at $1,516 with a $1.36 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 Denali | 1BR,1.5BA | $0.92 |
| Ashton Pointe | Three Bedroom Townhome | 3BR,1.5BA | $1.36 |
| Auburn Hills Apartments | Augusta Phase II (Fireplace) | 2BR,2BA | $1.49 |
| 10 West Apartments | The Broadway | 2BR,2BA | $1.31 |
| Residences on Ronald Reagan | Dutch | 1BR,1BA | $1.42 |
| Eagle Lake Landing | The Islander | 1BR,1BA | $1.45 |
| Covington Square | Two Bedroom One Bath | 2BR,1BA | $1.40 |
| Hills Apartments | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.28 |
| The Legend at Speedway | A1 | 1BR,1BA | $1.38 |
| Pinnacle West | Studio | Studio ,1BA | $1.38 |
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Frequently Asked Questions about Chapel Hill
What type of rentals are currently available in Chapel Hill?
There are currently 43 Apartments for Rent in Chapel Hill, IN with pricing that ranges from $689 to $3,744. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chapel Hill ranging from $1,515 to $1,870.
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 $1,515 to $1,870 with an average monthly rent of $1,686.
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.
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.
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.
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.