Cheap Apartments for Rent in the Chatard Forest Hills Neighborhood of Indianapolis, IN from $649 (24 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Chatard Forest Hills area of Indianapolis.

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property at 5169 Caroline Ave
$1,300

Total Monthly Price

Base Rent$1,300

Total Monthly Price$1,300
1 Bedroom, 1 Bath Home for Rent
Available Now
Furnished

5169 Caroline Ave

IndianapolisIN46205
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4901 N Washington Blvd
1 Bedroom Apartments

4901 N Washington Blvd

4901 N Washington BlvdIndianapolis, IN 46205
  • Utilities Included

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The MK
Studio to 3 Bedroom Apartments

The MK

5858 N College AveIndianapolis, IN 46220
Corporate Housing

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Chatard Forest Hills, Indianapolis, IN Local Guide

Cheapest Available Chatard Forest Hills Apartments for Rent

 

The cheapest available apartment rental in the Chatard Forest Hills area of Indianapolis, IN is a Studio unit found at Glenstone Studios priced from $649. Broad Ripple Trails has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Chatard Forest Hills apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Glenstone StudiosStudioStudio,1BA$649
Broad Ripple TrailsSTUD-DStudio,1BA$799
Carrollton Manor Apartments1 Bed 1 Bath Unfurnished1BR,1BA$900
The Pines at SoBro1x1 - Classic1BR,1BA$949
Willow BrookOne Bedroom One Bath1BR,1BA$999

Best Value Apartments for Rent in Chatard Forest Hills, IN

As of September 12, 2026 the best value apartment in the Chatard Forest Hills area is the $1.36 price per square foot 2 Bed, 2.5 Bath, 2 car Garage Townhome Model at Townes at Winthrop in the in the Warfleigh neighborhood starting from $2,450. The second greatest value Chatard Forest Hills apartment is the 2 Bedroom 2 Bath Model at The Ripple starting at $2,100 with a $1.77 price per square foot in the Nora neighborhood. Here is today’s list of the best values for Chatard Forest Hills apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Townes at Winthrop2 Bed, 2.5 Bath, 2 car Garage Townhome2BR,2.5BA$1.36
The Ripple2 Bedroom 2 Bath2BR,2BA$1.77
The Win7179B12BR,2.5BA$2.01
Broad Ripple Flats2x1.52BR,1.5BA$1.23
The Pines at SoBro2x1 Large - Renovated2BR,1BA$1.54
Carrollton Manor ApartmentsShort Term Fully Furshished 1 Bed 1 Bath1BR,1BA$1.87
Willow BrookOne Bedroom One Bath1BR,1BA$1.43
Monon LivingMonon Place II - StudioStudio ,1BA$2.27
VersaDecoStudio ,1BA$2.58
Broad Ripple TrailsSTUD-DStudio ,1BA$2.00

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, and customized analysis for Northern Indianapolis. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, pet-friendly features, places to raise kids, proximity to transit, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Chatard Forest Hills Apartments

What is a cheap apartment in Chatard Forest Hills?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Chatard Forest Hills is under $2,159.

What is the price of a cheap apartment in Chatard Forest Hills?

The cheapest apartment in Chatard Forest Hills is Broad Ripple Trails which is listed at $889, while the average apartment in Chatard Forest Hills costs $1,149.

What types of apartments are the cheapest in Chatard Forest Hills?

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 16 regular apartments in Chatard Forest Hills 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 Chatard Forest Hills?

Cheap apartments in Chatard Forest Hills have an average cost of $551 which is $598 cheaper than the average rent for all rentals in Chatard Forest Hills.

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