Cheap Apartments for Rent in the Chatard Forest Hills Neighborhood of Indianapolis, IN from $600 (17 Rentals)

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property at 5161 Caroline Ave

$1,200

2 Bedroom, 1 Bath Townhome for Rent

Available Now

5161 Caroline Ave

IndianapolisIN46205

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Monon Walk Apartments
Studio to 1 Bedroom Apartments

Monon Walk Apartments

6115 Winthrop AveIndianapolis, IN 46220
  • Utilities Included

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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 $819. 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-SStudio,1BA$819
Lincolnshire Apartments1 Bedroom Garden Level1BR,1BA$875
Carrollton Manor Apartments1 Bed 1 Bath1BR,1BA$900
4901 N Washington Blvd1 Bed 1 Bath1BR,1BA$900

Best Value Apartments for Rent in Chatard Forest Hills, IN

As of March 14, 2026 the best value apartment in the Chatard Forest Hills area is the $1.19 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 $2,200. The second greatest value Chatard Forest Hills apartment is the 7179B1 Model at The Win starting at $1,999 with a $1.86 price per square foot in the Warfleigh 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$1.19
The Win7179B12BR,2.5BA$1.86
Broad Ripple ApartmentsWilrene Townhome2BR,1BA$1.79
Broad Ripple Flats2x12BR,1BA$1.38
Willow BrookTwo Bedroom One Bath2BR,1BA$1.31
Carrollton Manor Apartments1 Bed 1 Bath1BR,1BA$1.20
The Pines at SoBro1 Bedroom 1 Bath Apartment - Classic1BR,1BA$1.46
4901 N Washington Blvd1 Bed 1 Bath1BR,1BA$1.64
Lincolnshire Apartments1 Bedroom Garden Level1BR,1BA$2.13
Broad Ripple TrailsSTUD-SStudio ,1BA$2.05

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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 the Cheapest Studio apartment in Chatard Forest Hills?

Currently the most affordable Cheap Studio Apartment in Chatard Forest Hills is at Glenstone Studios listed at $649.

How much is rent for a Cheap One Bedroom Chatard Forest Hills Apartment?

The lowest price for a Cheap One Bedroom Chatard Forest Hills Apartment is $875 at Lincolnshire Apartments.

What is the lowest price for a Cheap Two Bedroom Chatard Forest Hills Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Chatard Forest Hills is starting from $949 at Broad Ripple Trails.

What is the most affordable Chatard Forest Hills Three Bedroom Apartment?

The best deal on a cheap Chatard Forest Hills Three Bedroom Apartment rental is at Broad Ripple Trails and starts from $1,149.

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

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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.

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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.

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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

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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.