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

2512 E 72nd St
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Clearwater, Indianapolis, IN Local Guide

How much does it cost to rent a home in Clearwater?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Clearwater 2 Bedroom Homes for Rent | $1,836 | $1,450 | $2,222 |
Clearwater 4 Bedroom Homes for Rent | $3,333 | $3,333 | $3,333 |
Browse Homes for Rent in this Neighborhood
There are currently 4 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
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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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Townes at Winthrop | 2 Bed, 2.5 Bath, 2 car Garage Townhome | 2BR,2.5BA | $1.19 |
The Retreat at Carmel | Bordeaux | 2BR,2BA | $1.31 |
Veridian Castleton | B4 - Townhome | 2BR,1.5BA | $1.13 |
Ivy Knoll Apartments | 2Bd/2Ba Up W/D | 2BR,2BA | $1.19 |
TGM Avalon Lake | B1 | 2BR,1.5BA | $1.28 |
The Preserve on Allisonville Townhomes | Two Bedroom Townhome | 2BR,1.5BA | $1.29 |
Castleton Manor Apartments | The Banyan | 1BR,1.5BA | $1.33 |
Williamsburg North | Ashland | 1BR,1BA | $1.21 |
Jade North Apartments | Plan G | 1BR,1BA | $1.29 |
Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $1.35 |
Quick Rent Budget Calculator
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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.

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 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.

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.

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.