Cheap Homes for Rent in Cheswick Place Neighborhood of Indianapolis, IN from $600 (33 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

property at 323 W 40th St

323 W 40th St

IndianapolisIN46208

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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. Parkway has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here are the most affordable Cheswick Place apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Meridian TowersStudio ApartmentStudio,1BA$629
Parkway1 Bedroom1BR,1BA$699
The Star1 Bed1BR,1BA$725
Rosewood CommonsStudioStudio,1BA$725
Meadows ApartmentsStudio ApartmentStudio,1BA$737
Wildwood Village Apartments1 Bedroom 1 Bathroom1BR,1BA$750
Riverside Apartments1 Bedroom 1 Bath Apartment1BR,1BA$760
The Legend at SpeedwayA11BR,1BA$786
Fields Apartments1 Bedroom 1 Bath Apartment1BR,1BA$788
The Stratford1 Bedroom 1 Bathroom1BR,1BA$799

Best Value Apartments for Rent in Cheswick Place, IN

As of July 27, 2025 the best value apartment in the Cheswick Place area is the $1.22 price per square foot Peony Model at Ralston Apartments in the in the Near North Indianapolis neighborhood starting from $2,100. The second greatest value Cheswick Place apartment is the AUB2RENO Model at Aura Apartments starting at $1,399 with a $1.17 price per square foot in the Cheswick Place 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.
Ralston ApartmentsPeony3BR,3BA$1.22
Aura ApartmentsAUB2RENO2BR,1BA$1.17
El Dorado3 Bedroom 1 Bath3BR,1BA$1.07
Mansion Row - Where Historic Charm Meets Modern7178B1 Traditional 2x2 (1100 sqft)2BR,2BA$1.24
Eagle Creek CourtTwo Bedroom Two Bathroom (C3M)2BR,2BA$1.04
The Star1 Bed1BR,1BA$0.91
The Stratford1 Bedroom 1 Bathroom1BR,1BA$1.11
Fields Apartments1 Bedroom 1 Bath Apartment1BR,1BA$1.19
Riverside Apartments1 Bedroom 1 Bath Apartment1BR,1BA$1.27
Parkway1 Bedroom1BR,1BA$1.25

Quick Rent Budget Calculator

How much rent can you afford?

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Cheswick Place

What type of rentals are currently available in Cheswick Place?

There are currently 188 Apartments for Rent in Cheswick Place, IN with pricing that ranges from $595 to $3,871. There are also 164 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cheswick Place ranging from $650 to $4,800.

What is the current price range for Rental Homes in Cheswick Place?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Cheswick Place ranges from $650 to $4,800 with an average monthly rent of $1,897.

How much are larger Three and Four Bedroom Rentals in Cheswick Place?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Cheswick Place range from $1,099 to $3,871, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $3,300. Four Bedroom Single-Family rentals are also available starting from $1,619 and Four Bedroom Apartments start at $1,475.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.