Cheap Apartments for Rent in the Cobblestone Neighborhood of Indianapolis, IN from $605 (35 Rentals)

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

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Wylde at Eagle Creek
$1,049 - $1,916

Total Monthly Price

Base Rent$1,049 - $1,916
Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

Wylde at Eagle Creek

6612 Eagle Pointe DrIndianapolis, IN 46254
Corporate Housing
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property at 5925 Sunwood Dr
$1,549
3 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

5925 Sunwood Dr

IndianapolisIN46224
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Whispering Pines
1 to 3 Bedroom Apartments

Whispering Pines

4444 Mission DrIndianapolis, IN 46254
  • Utilities Included

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

Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

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Windmill
Studio to 2 Bedroom Apartments

Windmill

10705 E Us-136Indianapolis, IN 46234
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Aragon Woods
Studio to 3 Bedroom Apartments

Aragon Woods

8172 Aragon Woods DrIndianapolis, IN 46214
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Heather Ridge
1 to 3 Bedroom Apartments

Heather Ridge

3245 Heather Ridge DrIndianapolis, IN 46214
  • Utilities Included
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Honey Creek Apartments
2 to 3 Bedroom Apartments

Honey Creek Apartments

3510 N High School RdIndianapolis, IN 46224
  • Utilities Included

Cobblestone - One of the Best Affordable Neighborhoods in Indianapolis

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

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Bradford Park
1 to 4 Bedroom Apartments

Bradford Park

3940 Crystal Pond WayIndianapolis, IN 46234
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Showing Results 1-35, Page 1 of 1

Cobblestone, Indianapolis, IN Local Guide

Cheapest Available Cobblestone Apartments for Rent

 

The cheapest available apartment rental in the Cobblestone area of Indianapolis, IN is a Studio unit found at Windmill priced from $799. Mariners Village Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $820. Here are the most affordable Cobblestone apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
WindmillStudioStudio,1BA$799
Mariners Village Apartments0 Bedroom 1 BathroomStudio,1BA$820
Scarborough Lake ApartmentsThe Sunset 1 BR 1 BA1BR,1BA$833
Fisherman's VillageS1 AquaStudio,1BA$849
Woodhaven ParkOne Bedroom One Bath1BR,1BA$899
Loch HavenA1 R1BR,1BA$900
Astoria Park Apartment HomesOne Bedroom - 712 sqft1BR,1BA$910
DeercrossSpruce1BR,1BA$925
The Life at Northwest Gardens1 BED 1 BATH1BR,1BA$929
Spinnaker CourtResort1BR,1BA$960

Best Value Apartments for Rent in Cobblestone, IN

As of September 05, 2026 the best value apartment in the Cobblestone area is the $1.20 price per square foot ??** Waiting List ** 3 Bed / 1.5 Bath Small Tow... Model at Villa Del Sol Apartments in the in the Timberview neighborhood starting from $1,315. The second greatest value Cobblestone apartment is the B1 Canadian Model at Eagle Chase starting at $1,465 with a $1.34 price per square foot in the Timberview neighborhood. Here is today’s list of the best values for Cobblestone apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Villa Del Sol Apartments??** Waiting List ** 3 Bed / 1.5 Bath Small Tow...3BR,1.5BA$1.20
Eagle ChaseB1 Canadian2BR,2BA$1.34
Pier 39 Apartments & TownhomesTwo Bedroom Two Bathroom2BR,2BA$1.41
The Life at Wood Springs2 BEDROOM | 2 BATHROOM A2BR,2BA$1.06
Marabou MillsTwo Bed Two Bath with Master Bed2BR,2BA$1.38
Waterfront PointeThe Rolling Dune - Upstairs1BR,1BA$1.46
Astoria Park Apartment HomesOne Bedroom - 670 sqft1BR,1BA$1.44
DeercrossSpruce1BR,1BA$1.41
Woodhaven ParkOne Bedroom One Bath1BR,1BA$1.38
Mariners Village Apartments0 Bedroom 1 BathroomStudio ,1BA$1.27

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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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.

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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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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.

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Pet Friendly Lifestyle
Cobblestone, Indianapolis, IN

Ranked #122

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Northwestern Indianapolis. 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 convenient access to the outdoors, luxury amenities, pet-friendly features, apartment complexes for the kids, proximity to transit, walking, and biking. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Cobblestone Apartments

What is a cheap apartment in Cobblestone?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Cobblestone is under $960.

What is the price of a cheap apartment in Cobblestone?

The cheapest apartment in Cobblestone is Scarborough Lake Apartments which is listed at $833, while the average apartment in Cobblestone costs $1,205.

What types of apartments are the cheapest in Cobblestone?

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 27 regular apartments in Cobblestone 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 Cobblestone?

Cheap apartments in Cobblestone have an average cost of $407 which is $798 cheaper than the average rent for all rentals in Cobblestone.

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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Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

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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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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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Articles, How-To's, and Tips

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.