
Cheap Homes for Rent in Cobblestone Neighborhood of Indianapolis, IN from $1,100 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Cobblestone area of Indianapolis.


3266 Lupine Dr

6436 Lupine Terrace
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.

6530 Lupine Terrace

3704 Reflections Dr

4240 Village Pkwy Cir E
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.
Cobblestone, Indianapolis, IN Local Guide

How much does it cost to rent a home in Cobblestone?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cobblestone 2 Bedroom Homes for Rent | $1,381 | $1,100 | $2,000 |
| Cobblestone 3 Bedroom Homes for Rent | $1,988 | $1,675 | $2,745 |
| Cobblestone 4 Bedroom Homes for Rent | $2,289 | $1,850 | $2,900 |
Browse Homes for Rent in this Neighborhood
There are currently 6 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 Northwest Gardens priced from $759. Mariners Village Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here are the most affordable Cobblestone apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Life at Northwest Gardens | 1 BED 1 BATH | 1BR,1BA | $759 |
| Mariners Village Apartments | 0 Bedroom 1 Bathroom | Studio,1BA | $775 |
| The Life at Wood Springs | 1 BEDROOM | 1 BATHROOM A | 1BR,1BA | $806 |
Best Value Apartments for Rent in Cobblestone, IN
As of January 19, 2026 the best value apartment in the Cobblestone area is the $1.26 price per square foot Redbud Model at Park at Eagle Creek in the in the Timberview neighborhood starting from $1,596. The second greatest value Cobblestone apartment is the 2 Bed 2 Bath Renovated Model at Center Point starting at $1,550 with a $1.39 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. |
|---|---|---|---|
| Park at Eagle Creek | Redbud | 3BR,2BA | $1.26 |
| Center Point | 2 Bed 2 Bath Renovated | 2BR,1BA | $1.39 |
| Eagle Creek by Spark Living | Excite - Renovated | 2BR,1BA | $1.28 |
| Villa Del Sol Apartments | Live Well for Less — Spacious 1-Bedroom Under $... | 1BR,1BA | $1.04 |
| Pier 39 Apartments & Townhomes | One Bedroom One Bathroom | 1BR,1BA | $1.42 |
| Astoria Park Apartment Homes | One Bedroom - 670 sqft | 1BR,1BA | $1.38 |
| Woodhaven Park | One Bedroom One Bath | 1BR,1BA | $1.26 |
| Mariners Village Apartments | 0 Bedroom 1 Bathroom | Studio ,1BA | $1.20 |
| Fishermans Village | Cobalt | 1BR,1BA | $1.46 |
| The Life at Northwest Gardens | 1 BED 1 BATH | 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 ArticleThe 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.
Read ArticleCash 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.
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 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 #144
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cobblestone
What type of rentals are currently available in Cobblestone?
There are currently 37 Apartments for Rent in Cobblestone, IN with pricing that ranges from $740 to $2,400. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cobblestone ranging from $1,100 to $2,900.
What is the current price range for Rental Homes in Cobblestone?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Cobblestone ranges from $1,100 to $2,900 with an average monthly rent of $1,886.
How much are larger Three and Four Bedroom Rentals in Cobblestone?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Cobblestone range from $1,264 to $2,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,675 to $2,745. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $2,399.
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.
Articles, How-To's, and Tips

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!