Cheap Homes for Rent in Cobblestone Neighborhood of Indianapolis, IN from $1,100 (7 Rentals)

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

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 Marabou Mills priced from $740. Woodhaven Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $845. Here are the most affordable Cobblestone apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Marabou MillsStudioStudio,1BA$740
Woodhaven ParkOne Bedroom One Bath1BR,1BA$845
Scarborough Lake ApartmentsThe Sunset 1 BR 1 BA1BR,1BA$851

Best Value Apartments for Rent in Cobblestone, IN

As of October 19, 2025 the best value apartment in the Cobblestone area is the $1.12 price per square foot 5831 Suburban Dr Model at 5831 Suburban Dr, Unit Home For Rent in the in the Cheswick Place neighborhood starting from $2,695. The second greatest value Cobblestone apartment is the Redbud Model at Park at Eagle Creek starting at $1,745 with a $1.38 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.
5831 Suburban Dr, Unit Home For Rent5831 Suburban Dr5BR,2.5BA$1.12
Park at Eagle CreekRedbud3BR,2BA$1.38
EAGLE CHASE APARTMENTSAmerican Upgraded2BR,2BA$1.38
Waterfront PointeThe Lakeside - Downstairs3BR,2BA$1.43
Center Point2 Bed 2 Bath Renovated2BR,2BA$1.37
Deercross ApartmentsOak2BR,2BA$1.38
Pier 39 Apartments & TownhomesTwo Bedroom Two Bathroom2BR,2BA$1.42
Fishermans VillageIndigo2BR,1BA$1.24
Eagle CreekRise1BR,1BA$1.32
Woodhaven ParkOne Bedroom One Bath1BR,1BA$1.30

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Pet Friendly Lifestyle
Cobblestone, Indianapolis, IN

Ranked #169

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cobblestone

What type of rentals are currently available in Cobblestone?

There are currently 38 Apartments for Rent in Cobblestone, IN with pricing that ranges from $740 to $2,695. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cobblestone ranging from $1,150 to $4,000.

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 $1,150 to $4,000 with an average monthly rent of $2,014.

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 $1,249 to $2,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $2,280. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $2,399.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.