
Cheap Homes for Rent in Chestnut Hills Neighborhood of Indianapolis, IN from $400 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Chestnut Hills area of Indianapolis.


6920 Chrysler St

6109 N Pershing Ave

6616 Oakview Dr N

6516 Alder Ct
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2939 Driving Wind Way

5919 Sycamore Forge Dr

5918 Sycamore Forge Dr

8070 Chiltern Dr

6747 Long Run Dr

5777 Liberty Creek Dr E

4052 Caddy Way
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6162 Morning Dove Dr
Chestnut Hills, Indianapolis, IN Local Guide

How much does it cost to rent a home in Chestnut Hills?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Chestnut Hills 3 Bedroom Homes for Rent | $1,854 | $1,475 | $2,360 |
Chestnut Hills 4 Bedroom Homes for Rent | $2,742 | $1,825 | $4,800 |
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 3 mile radius of the Chestnut Hills Neighborhood of Indianapolis, IN.
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Chestnut Hills, Indianapolis, IN Local Guide
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Cheapest Available Chestnut Hills Apartments for Rent
 The cheapest available apartment rental in the Chestnut Hills area of Indianapolis, IN is a 1 Bed unit found at Covered Bridge priced from $700. King's Reserve College Park - 55+ Senior has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Chestnut Hills apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Covered Bridge | One Bedroom One Bath | 1BR,1BA | $700 |
King's Reserve College Park - 55+ Senior | Studio King | Studio,1BA | $799 |
Carlton Apartments | Villa | 1BR,1BA | $800 |
Annhurst | One Bed One Bath | 1BR,1BA | $849 |
Estates at Crystal Bay | One Bedroom One Bath | 1BR,1BA | $865 |
Best Value Apartments for Rent in Chestnut Hills, IN
As of August 01, 2025 the best value apartment in the Chestnut Hills area is the $1.47 price per square foot Keystone Model at Willow Lake Apartments in the in the Spring Arbor neighborhood starting from $1,610. The second greatest value Chestnut Hills apartment is the The Den: Two Bedroom Townhome Model at The Woods of Eagle Creek starting at $1,437 with a $1.44 price per square foot in the Cheswick Place neighborhood. Here is today’s list of the best values for Chestnut Hills apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Willow Lake Apartments | Keystone | 1BR,1BA | $1.47 |
The Woods of Eagle Creek | The Den: Two Bedroom Townhome | 2BR,1.5BA | $1.44 |
The Elliott at College Park Apartment Homes | Two Bedroom 1.5 Bath | 2BR,1.5BA | $1.28 |
Westbury Court | Two Bedroom One Bathroom (CN1) | 2BR,1BA | $1.04 |
Lake Camelot Apartments | 2 Bedroom Garden | 2BR,1BA | $1.07 |
Covered Bridge | Two Bedroom One Bath | 2BR,1BA | $1.20 |
Crooked Creek | The Bordeaux | 1BR,1BA | $1.48 |
Oakbrook Village | The Walnut 1B 1BA | 1BR,1BA | $1.47 |
Estates at Crystal Bay | One Bedroom One Bath | 1BR,1BA | $1.33 |
Annhurst | One Bed One Bath | 1BR,1BA | $1.47 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Chestnut Hills
What type of rentals are currently available in Chestnut Hills?
There are currently 43 Apartments for Rent in Chestnut Hills, IN with pricing that ranges from $597 to $6,488. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chestnut Hills ranging from $400 to $4,800.
What is the current price range for Rental Homes in Chestnut Hills?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Chestnut Hills ranges from $400 to $4,800 with an average monthly rent of $1,665.
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.

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Written by: Christine Leonard, Esq.
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Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.