Cheap Apartments for Rent in the Chatham Arch Neighborhood of Indianapolis, IN from $800 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Chatham Arch area of Indianapolis.

Christian Place Apartments

Traymore Apartments

Utomin Apartments

Devonshire Apartments in Downtown Indianapolis
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.

919 N Broadway St

Indy Colonial Apartments

Riley Towers

Apollo & Aurora Apartments

Lockerbie Lofts

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Circa Apartments
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.

Nine+Eighteen

Garden Arch Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Chatham Arch, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Chatham Arch?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Chatham Arch Studio Apartments | $1,335 | $1,047 | $2,240 |
Chatham Arch 1 Bedroom Apartments | $1,521 | $833 | $2,480 |
Chatham Arch 2 Bedroom Apartments | $2,080 | $1,100 | $3,773 |
Chatham Arch 3 Bedroom Apartments | $3,763 | $2,489 | $5,250 |
Browse Apartments in this Neighborhood
There are currently 20 rentals with your search options within a 2 mile radius of the Chatham Arch Neighborhood of Indianapolis, IN.
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Chatham Arch, Indianapolis, IN Local Guide
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Cheapest Available Chatham Arch Apartments for Rent
 The cheapest available apartment rental in the Chatham Arch area of Indianapolis, IN is a 1 Bed unit found at The Seminole priced from $833. Indy Colonial Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here are the most affordable Chatham Arch apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Seminole | 1br | 1BR,1BA | $833 |
Indy Colonial Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,000 |
Riley Towers | Studio - 500 | Studio,1BA | $1,108 |
1010 Central | Garage 60% | 1BR,1BA | $1,163 |
The Richelieu | Richelieu Canal 1B 500 | 1BR,1BA | $1,205 |
Best Value Apartments for Rent in Chatham Arch, IN
As of June 23, 2025 the best value apartment in the Chatham Arch area is the $1.25 price per square foot 1003 Broadway St Model at 1003 Broadway St, Unit 1003 Broadway St apt 2 in the in the Near North Indianapolis neighborhood starting from $1,750. The second greatest value Chatham Arch apartment is the The Lockerbie 60% Model at 707 North starting at $1,429 with a $1.41 price per square foot in the Near North Indianapolis neighborhood. Here is today’s list of the best values for Chatham Arch apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1003 Broadway St, Unit 1003 Broadway St apt 2 | 1003 Broadway St | 2BR,2BA | $1.25 |
707 North | The Lockerbie 60% | 2BR,2BA | $1.41 |
Lockerbie Flats | 1 Bedroom | 1BR,1BA | $1.61 |
The Seminole | 1br | 1BR,1BA | $1.13 |
1010 Central | Garage 60% | 1BR,1BA | $1.70 |
Garden Arch Apartments | Downstairs | 1BR,1BA | $2.08 |
Indy Colonial Apartments | One Bedroom | 1BR,1BA | $1.91 |
Lockerbie Lofts | The Wiley | Studio ,1BA | $2.07 |
; | The Winchester | 1BR,1BA | $2.31 |
Riley Towers | Studio - 500 | Studio ,1BA | $2.22 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleChatham Arch, Indianapolis, IN
Ranked #126
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Getting Around the Chatham Arch Neighborhood in Indianapolis, IN
Walk Score®
92 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
95 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
57 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Chatham Arch Apartments
What is the price of a cheap apartment in Chatham Arch?
The cheapest apartment in Chatham Arch is The Seminole which is listed at $833, while the average apartment in Chatham Arch costs $2,820.
What types of apartments are the cheapest in Chatham Arch?
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 11 regular apartments in Chatham Arch that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.