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from $8501 to 2 Bedroom Apartments Available Jun 14
River Road Apartments
9115 Knights Bridge BlvdIndianapolis, IN 46240
Cheap Apartments for Rent in the Clearwater Neighborhood of Indianapolis, IN from $800 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Clearwater area of Indianapolis.
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from $8911 to 3 Bedroom Apartments Available Now
A62 Apartments
6111 Allisonville RdIndianapolis, IN 46220
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from $1,0991 to 2 Bedroom Apartments Available Now
TGM Autumn Woods
9075 Autumn Woods DrIndianapolis, IN 46250
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from $1,1291 to 2 Bedroom Apartments Available Now
Riverbend Apartments
8850 Riverbend PkyIndianapolis, IN 46250
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.
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from $1,1321 to 3 Bedroom Apartments Available Now
TGM Avalon Lake
6724 Greenshire DrIndianapolis, IN 46220
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from $1,1981 to 3 Bedroom Apartments Available Now
Solana Apartments
7745 Solana DrIndianapolis, IN 46240
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from $1,2951 to 3 Bedroom Apartments Available Now
Fountain Parc
4901 Whitton PlIndianapolis, IN 46220
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.
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from $1,3451 to 2 Bedroom Apartments Available Now
Lake Clearwater Apartments
3914 Lake Clearwater PlIndianapolis, IN 46240
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from $1,348Studio to 2 Bedroom Apartments Available Jun 14
Ironworks at Keystone
2727 E 86th StIndianapolis, IN 46240
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from $1,3792 Bedroom Apartments Available Now
Ivy Knoll Apartments
5707 A Ivy Knoll DrIndianapolis, IN 46250
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Clearwater, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Clearwater?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Clearwater Studio Apartments | $1,361 | $1,348 | $1,375 |
| Clearwater 1 Bedroom Apartments | $1,333 | $850 | $2,070 |
| Clearwater 2 Bedroom Apartments | $1,710 | $1,105 | $2,711 |
| Clearwater 3 Bedroom Apartments | $2,192 | $1,525 | $3,431 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Clearwater Neighborhood of Indianapolis, IN.
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Clearwater, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
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Cheapest Available Clearwater Apartments for Rent
The cheapest available apartment rental in the Clearwater area of Indianapolis, IN is a 1 Bed unit found at A62 Apartments priced from $891. TGM Autumn Woods has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,099. Here are the most affordable Clearwater apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| A62 Apartments | LePetit Luxe | 1BR,1BA | $891 |
| TGM Autumn Woods | A2 | 1BR,1BA | $1,099 |
| Riverbend Apartments | Monte Carlo | 1BR,1BA | $1,129 |
Best Value Apartments for Rent in Clearwater, IN
As of May 28, 2025 the best value apartment in the Clearwater area is the $1.36 price per square foot Amber Model at Solana Apartments in the in the Nora neighborhood starting from $1,751. The second greatest value Clearwater apartment is the 2Bd/2Ba Dn W/D Model at Ivy Knoll Apartments starting at $1,429 with a $1.20 price per square foot in the Roxbury neighborhood. Here is today’s list of the best values for Clearwater apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Solana Apartments | Amber | 2BR,2BA | $1.36 |
| Ivy Knoll Apartments | 2Bd/2Ba Dn W/D | 2BR,2BA | $1.20 |
| Somerset Lakes | Leisure: One Bedroom Apartment With Den | 1BR,1BA | $1.34 |
| Riverbend Apartments | Dublin | 1BR,1BA | $1.69 |
| TGM Autumn Woods | B1 | 2BR,1BA | $1.50 |
| Lake Clearwater Apartments | Crane | 1BR,1BA | $1.84 |
| Fountain Parc | The Wealth | 1BR,1BA | $1.65 |
| TGM Avalon Lake | A2 | 1BR,1BA | $1.80 |
| A62 Apartments | LePetit | 1BR,1BA | $1.60 |
Quick Rent Budget Calculator
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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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Pet Friendly LifestyleClearwater, Indianapolis, IN
Ranked #162
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Clearwater Neighborhood in Indianapolis, IN
Walk Score®
59 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
47 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
22 / 100
Minimal Transit
It may be possible to get on a bus
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 Clearwater Apartments
What is the price of a cheap apartment in Clearwater?
The cheapest apartment in Clearwater is A62 Apartments which is listed at $891, while the average apartment in Clearwater costs $1,849.
What types of apartments are the cheapest in Clearwater?
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 6 regular apartments in Clearwater that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Clearwater?
Cheap apartments in Clearwater have an average cost of $270 which is $1,579 cheaper than the average rent for all rentals in Clearwater.
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.
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.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.