
Cheap Apartments for Rent in the Cobblestone Neighborhood of Indianapolis, IN from $600 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in the Cobblestone area of Indianapolis.


Mariners Village Apartments

The Life at Wood Springs

The Life at Northwest Gardens

Spinnaker Court

Woodhaven Park

Fisherman's Village

Astoria Park Apartment Homes

Total Monthly Price
Wylde at Eagle Creek
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Deercross

Idlewood Apartments

Pebble Point

Loch Haven

Pier 39 Apartments & Townhomes

Lakeside Crossing at Eagle Creek Apartments and Townhomes

Waterfront Pointe

Center Point

Eagle Creek by Spark Living
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Park at Eagle Creek

Eagle Chase

5925 Sunwood Dr

5908 Dunseth Ct

6735 Ossington Dr

5384 Lakeside Manor Dr

5837 Walsham Way

Whispering Pines

Aragon Woods
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Windmill

Marabou Mills

Villa Del Sol Apartments

Heather Ridge

Enclave at Eagle Creek Apartments

Creekside Square Phase II

Honey Creek Apartments

Bradford Park

4351 Village Pkwy Cir W
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!

5925 Sunwood 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 | $877 | $770 | $1,149 |
| Cobblestone 1 Bedroom Apartments | $1,055 | $822 | $1,369 |
| Cobblestone 2 Bedroom Apartments | $1,347 | $949 | $1,890 |
| Cobblestone 3 Bedroom Apartments | $1,649 | $1,430 | $1,970 |
| Cobblestone 4 Bedroom Apartments | $2,399 | $2,399 | $2,399 |
Browse Apartments in this Neighborhood
There are currently 37 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 Studio unit found at Mariners Village Apartments priced from $813. The Life at Wood Springs has the second lowest priced unit, which is a 1 Bed apartment currently listed from $822. Here are the most affordable Cobblestone apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mariners Village Apartments | 0 Bedroom 1 Bathroom | Studio,1BA | $813 |
| The Life at Wood Springs | 1 BEDROOM | 1 BATHROOM A | 1BR,1BA | $822 |
| Woodhaven Park | One Bedroom One Bath | 1BR,1BA | $845 |
| Fisherman's Village | A1 Cobalt | 1BR,1BA | $859 |
| Villa Del Sol Apartments | ?Your Perfect 1-Bedroom Awaits — Style, Space ... | 1BR,1BA | $900 |
| Spinnaker Court | Hideaway | 1BR,1BA | $920 |
| Wylde at Eagle Creek | Eagles Nest | 1BR,1BA | $947 |
| Deercross | Spruce | 1BR,1BA | $970 |
| Pebble Point | A1 Bliss | 1BR,1BA | $999 |
| Loch Haven | A3 | 1BR,1BA | $1,000 |
Best Value Apartments for Rent in Cobblestone, IN
As of July 21, 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 Upgrade Model at Eagle Chase starting at $1,525 with a $1.40 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. |
|---|---|---|---|
| Villa Del Sol Apartments | ??** Waiting List ** 3 Bed / 1.5 Bath Small Tow... | 3BR,1.5BA | $1.20 |
| Eagle Chase | B1 Canadian Upgrade | 2BR,2BA | $1.40 |
| Waterfront Pointe | The Sand Dune - Downstairs | 2BR,2BA | $1.39 |
| Woodhaven Park | Two Bedroom Two Bath | 2BR,2BA | $1.34 |
| Enclave at Eagle Creek Apartments | The Nest | 2BR,1BA | $1.47 |
| Astoria Park Apartment Homes | Two Bedroom - 850 sqft | 2BR,1BA | $1.26 |
| Pier 39 Apartments & Townhomes | One Bedroom One Bathroom | 1BR,1BA | $1.40 |
| Mariners Village Apartments | 0 Bedroom 1 Bathroom | Studio ,1BA | $1.26 |
| The Life at Wood Springs | 1 BEDROOM | 1 BATHROOM A | 1BR,1BA | $1.30 |
| Fisherman's Village | A1 Cobalt | 1BR,1BA | $1.38 |
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 #143
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 $822, 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 17 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 $263 which is $2,136 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

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

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.

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.

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.
Articles, How-To's, and Tips

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