Cheap Homes for Rent in Clearwater Neighborhood of Indianapolis, IN from $1,400 (4 Rentals)

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Search the lowest-cost Homes available for rent right now in the Clearwater area of Indianapolis.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Clearwater, Indianapolis, IN Local Guide

Best Value Apartments for Rent in Clearwater, IN

As of August 08, 2025 the best value apartment in the Clearwater area is the $1.19 price per square foot 2 Bed, 2.5 Bath, 2 car Garage Townhome Model at Townes at Winthrop in the in the Warfleigh neighborhood starting from $2,200. The second greatest value Clearwater apartment is the Bordeaux Model at The Retreat at Carmel starting at $2,018 with a $1.31 price per square foot in the Nora neighborhood. Here is today’s list of the best values for Clearwater apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Townes at Winthrop2 Bed, 2.5 Bath, 2 car Garage Townhome2BR,2.5BA$1.19
The Retreat at CarmelBordeaux2BR,2BA$1.31
Veridian CastletonB4 - Townhome2BR,1.5BA$1.13
Ivy Knoll Apartments2Bd/2Ba Up W/D2BR,2BA$1.19
TGM Avalon LakeB12BR,1.5BA$1.28
The Preserve on Allisonville TownhomesTwo Bedroom Townhome2BR,1.5BA$1.29
Castleton Manor ApartmentsThe Banyan1BR,1.5BA$1.33
Williamsburg NorthAshland1BR,1BA$1.21
Jade North ApartmentsPlan G1BR,1BA$1.29
Wellington Square Apartments1BR/1BA1BR,1BA$1.35

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Frequently Asked Questions about Clearwater

What type of rentals are currently available in Clearwater?

There are currently 50 Apartments for Rent in Clearwater, IN with pricing that ranges from $800 to $5,271. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in Clearwater ranging from $1,450 to $3,333.

What is the current price range for Rental Homes in Clearwater?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Clearwater ranges from $1,450 to $3,333 with an average monthly rent of $2,584.

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.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

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.

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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.