
Cheap Apartments for Rent in the Cobblestone Neighborhood of Indianapolis, IN from $600 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in the Cobblestone area of Indianapolis.


Scarborough Lake Apartments

The Life at Wood Springs

Mariners Village Apartments

Lakeside Crossing at Eagle Creek Apartments and Townhomes

Fisherman's Village

Woodhaven Park

Astoria Park Apartment Homes

Total Monthly Price
Wylde at Eagle Creek
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Spinnaker Court

Deercross

Idlewood Apartments

Pebble Point

Pier 39 Apartments & Townhomes

Waterfront Pointe

Center Point

Park at Eagle Creek

Loch Haven
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

6536 Lupine Ter, Unit 6536 Lupine Terrace

Eagle Chase

Eagle Creek by Spark Living

5925 Sunwood Dr

5925 Sunwood Dr

Whispering Pines

Aragon Woods

Windmill

Marabou Mills
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Heather Ridge

Villa Del Sol Apartments

6458 Lupine Terrace

6474 Lupine Terrace

6436 Lupine Terrace

3269 Lupine Dr

Enclave at Eagle Creek Apartments

Creekside Square Phase II

Honey Creek Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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Bradford Park

3281 Lupine Dr

6340 Commons Dr
Cobblestone, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Cobblestone?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cobblestone Studio Apartments | $974 | $781 | $1,289 |
| Cobblestone 1 Bedroom Apartments | $1,044 | $709 | $1,445 |
| Cobblestone 2 Bedroom Apartments | $1,363 | $988 | $1,780 |
| Cobblestone 3 Bedroom Apartments | $1,638 | $1,371 | $2,516 |
| Cobblestone 4 Bedroom Apartments | $2,399 | $2,399 | $2,399 |
Browse Apartments in this Neighborhood
There are currently 39 rentals with your search options within a 2 mile radius of the Cobblestone Neighborhood of Indianapolis, IN.
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Cobblestone, Indianapolis, IN Local Guide
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Cheapest Available Cobblestone Apartments for Rent
 The cheapest available apartment rental in the Cobblestone area of Indianapolis, IN is a 1 Bed unit found at The Life at Wood Springs priced from $806. Mariners Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $868. Here are the most affordable Cobblestone apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Life at Wood Springs | 1 BEDROOM | 1 BATHROOM A | 1BR,1BA | $806 |
| Mariners Village Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $868 |
| Fisherman's Village | A1 Cobalt | 1BR,1BA | $877 |
| Woodhaven Park | One Bedroom One Bath | 1BR,1BA | $899 |
| Villa Del Sol Apartments | ?Your Perfect 1-Bedroom Awaits — Style, Space ... | 1BR,1BA | $900 |
| Astoria Park Apartment Homes | One Bedroom - 712 sqft | 1BR,1BA | $910 |
| Wylde at Eagle Creek | Eagles Nest | 1BR,1BA | $918 |
| Spinnaker Court | Hideaway | 1BR,1BA | $920 |
| The Life at Northwest Gardens | 2 BED 1 BATH | 2BR,1BA | $949 |
| Deercross | Spruce | 1BR,1BA | $970 |
Best Value Apartments for Rent in Cobblestone, IN
As of June 06, 2026 the best value apartment in the Cobblestone area is the $0.98 price per square foot 2 Bedroom 1 Bathroom Model at Mariners Village Apartments in the in the Timberview neighborhood starting from $1,164. The second greatest value Cobblestone apartment is the ?? Your Perfect 3 Bed / 1.5 Bath Small Townhome Model at Villa Del Sol Apartments starting at $1,315 with a $1.20 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mariners Village Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.98 |
| Villa Del Sol Apartments | ?? Your Perfect 3 Bed / 1.5 Bath Small Townhome | 3BR,1.5BA | $1.20 |
| The Life at Wood Springs | 2 BEDROOM | 2 BATHROOM B | 2BR,2BA | $1.30 |
| Scarborough Lake Apartments | The Day Sailor 2 BR 1 BA | 2BR,1BA | $1.49 |
| The Life at Northwest Gardens | 2 BED 1 BATH | 2BR,1BA | $1.22 |
| Pier 39 Apartments & Townhomes | One Bedroom One Bathroom | 1BR,1BA | $1.48 |
| Astoria Park Apartment Homes | One Bedroom - 712 sqft | 1BR,1BA | $1.28 |
| Deercross | Spruce | 1BR,1BA | $1.48 |
| Woodhaven Park | One Bedroom One Bath | 1BR,1BA | $1.38 |
| Fisherman's Village | A1 Cobalt | 1BR,1BA | $1.41 |
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.
Read ArticleYour 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
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleCobblestone, Indianapolis, IN
Ranked #154
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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 the price of a cheap apartment in Cobblestone?
The cheapest apartment in Cobblestone is The Life at Wood Springs which is listed at $806, while the average apartment in Cobblestone costs $2,399.
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 35 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 $328 which is $2,071 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

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.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
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.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
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.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
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Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.