Cheap Apartments for Rent in the Chatham Arch Neighborhood of Indianapolis, IN from $500 (28 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Chatham Arch area of Indianapolis.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 615 N East St

$1,997 - $2,293

Total Monthly Price

Total Monthly Price

Base Rent
$1,997

Total Monthly Price
$1,997

1 Bedroom Rentals

Available Jul 31

615 N East St

IndianapolisIN46202
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Mayleeno
1 Bedroom Apartments

Mayleeno

416 E Vermont PlIndianapolis, IN 46202
  • Utilities Included
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Trail Side
1 Bedroom Apartments

Trail Side

865-893 Massachusetts AveIndianapolis, IN 46204

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The Seminole
1 Bedroom Apartments

The Seminole

920 N Alabama StIndianapolis, IN 46202
  • Utilities Included
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919 Broadway St
1 Bedroom Apartments

919 Broadway St

919 Broadway StIndianapolis, IN 46202
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The Richelieu
1 to 2 Bedroom Apartments

The Richelieu

610 N East StIndianapolis, IN 46202
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The 101
1 to 2 Bedroom Apartments

The 101

1001 N Delaware StIndianapolis, IN 46202
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Wyndham on Delaware
1 to 2 Bedroom Apartments

Wyndham on Delaware

1040 N Delaware StIndianapolis, IN 46202
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450 N Massachusetts Ave
1 Bedroom Apartments

450 N Massachusetts Ave

450 N Massachusetts AveIndianapolis, IN 46204
  • Utilities Included

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Pointe on Mass
1 to 2 Bedroom Apartments

Pointe on Mass

551 Massachusetts AveIndianapolis, IN 46204
Student Housing
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707 North
1 to 2 Bedroom Apartments

707 North

707 E North StIndianapolis, IN 46202
  • Utilities Included
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747 Apartments
Studio to 3 Bedroom Apartments

747 Apartments

747 N College AveIndianapolis, IN 46202
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Real Silk Lofts
2 Bedroom Apartments

Real Silk Lofts

611 N Park AveIndianapolis, IN 46204

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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 2 Beds unit found at The Davlan priced from $846. Indy Christian Place Apartments LLC has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here are the most affordable Chatham Arch apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Davlan2-12BR,1BA$846
Indy Christian Place Apartments LLC1 Bedroom 1 Bath - 411381BR,1BA$875
Indy Downtown Colonial Apartments1 Bedroom 1 Bath - 469701BR,1BA$955
The RichelieuRichelieu Canal 1B 5001BR,1BA$1,105
1010 CentralLoft 60%1BR,1BA$1,141
Utomin Apartments2 Bedroom2BR,1BA$1,150
Nine+EighteenThe Penn1BR,1BA$1,308
Wyndham on DelawareThe Oxford1BR,1BA$1,325
Garden Arch ApartmentsDownstairs1BR,1BA$1,350
Apollo & Aurora ApartmentsAlabama1BR,1BA$1,375

Best Value Apartments for Rent in Chatham Arch, IN

As of June 07, 2026 the best value apartment in the Chatham Arch area is the $1.85 price per square foot B8 Model at Riley Towers in the in the Near North Indianapolis neighborhood starting from $3,329. The second greatest value Chatham Arch apartment is the 2-1 Model at The Davlan starting at $846 with a $0.95 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for Chatham Arch apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Riley TowersB82BR,2.5BA$1.85
The Davlan2-12BR,1BA$0.95
Apollo & Aurora ApartmentsAlabama1BR,1BA$1.77
Lockerbie LoftsA2 - The Webber1BR,1BA$1.90
Wyndham on DelawareThe Oxford1BR,1BA$1.75
Nine+EighteenThe Central1BR,1BA$1.84
1010 CentralLoft 60%1BR,1BA$1.61
Utomin Apartments2 Bedroom2BR,1BA$1.77
Indy Downtown Colonial Apartments1 Bedroom 1 Bath - 607431BR,1BA$1.93
Indy Christian Place Apartments LLC1 Bedroom 1 Bath - 495301BR,1BA$1.78

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 Indy Christian Place Apartments LLC which is listed at $875, while the average apartment in Chatham Arch costs $2,406.

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 5 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

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.

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