Cheap Apartments for Rent in the Cheswick Place Neighborhood of Indianapolis, IN from $400 (132 Rentals)

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

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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property at 1857 W 60th St

$999 - $1,099

2 Bedroom Rentals

Available Now

1857 W 60th St

IndianapolisIN46228
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828 W Roache St, Unit TBD
$1,000
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$1,000
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2 Bedroom Apartment Available Now

828 W Roache St, Unit TBD

828 W Roache StIndianapolis, IN 46208
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Cheswick Place, Indianapolis, IN Local Guide

Cheapest Available Cheswick Place Apartments for Rent

 

The cheapest available apartment rental in the Cheswick Place area of Indianapolis, IN is a Studio unit found at Meridian Towers priced from $629. 34 North Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here are the most affordable Cheswick Place apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Meridian TowersStudio ApartmentStudio,1BA$629
34 North ApartmentsStudioStudio,1BA$725
Cambridge CommonsStudioStudio,1BA$775
1733 N. Meridian1BR1BR,1BA$780
Garden Pointe ApartmentsLily StudioStudio,1BA$795
Parkway1 Bedroom1BR,1BA$799
The Star2 Bed2BR,1BA$799
The Legend at SpeedwayA11BR,1BA$799
The MeridianThe PennStudio,1BA$799
The WashingtonStudioStudio,1BA$800

Best Value Apartments for Rent in Cheswick Place, IN

As of June 13, 2026 the best value apartment in the Cheswick Place area is the $1.01 price per square foot Three Bedroom One Bath Garden Model at El Dorado in the in the Cheswick Place neighborhood starting from $1,209. The second greatest value Cheswick Place apartment is the 2 Bed Model at The Star starting at $799 with a $0.76 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for Cheswick Place apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
El DoradoThree Bedroom One Bath Garden3BR,1BA$1.01
The Star2 Bed2BR,1BA$0.76
Oxmoor Indy3BR/1.0BA3BR,1BA$1.00
The AbbyThe Berkshire2BR,2BA$1.18
Canal Gardens2.1 40%2BR,1BA$0.93
The Maywood at SpeedwayThe Concord2BR,1BA$1.17
The Life at Northwest Gardens2 BED 1 BATH2BR,1BA$1.22
Woods at Oak CrossingOne Bedroom One Bath1BR,1BA$1.14
1733 N. Meridian1BR1BR,1BA$1.04
The Life at White PinesPINE1BR,1BA$1.22

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Lifestyle Ratings

Our team of engineers and researchers compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Cheswick Place, Indianapolis, and the greater Indianapolis area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, places to raise kids, raising pets, transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Cheswick Place Apartments

What is the Cheapest Studio apartment in Cheswick Place?

Currently the most affordable Cheap Studio Apartment in Cheswick Place is at Meridian Towers listed at $629.

How much is rent for a Cheap One Bedroom Cheswick Place Apartment?

The lowest price for a Cheap One Bedroom Cheswick Place Apartment is $749 at Meridian Towers.

What is the lowest price for a Cheap Two Bedroom Cheswick Place Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Cheswick Place is starting from $799 at The Star.

What is the most affordable Cheswick Place Three Bedroom Apartment?

The best deal on a cheap Cheswick Place Three Bedroom Apartment rental is at Oxmoor Indy and starts from $999.

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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Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

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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.

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Articles, How-To's, and Tips

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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.