Cheap Homes for Rent in Cobblestone Neighborhood of Indianapolis, IN from $1,100 (5 Rentals)

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

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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. The Life at Wood Springs has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Cobblestone apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Marabou MillsStudioStudio,1BA$740
The Life at Wood Springs1 BEDROOM | 1 BATHROOM A1BR,1BA$750
Scarborough Lake ApartmentsThe Sunrise 1 BR 1 BA1BR,1BA$759

Best Value Apartments for Rent in Cobblestone, IN

As of September 02, 2025 the best value apartment in the Cobblestone area is the $0.90 price per square foot 5831 Suburban Dr Model at 5831 Suburban Dr, Unit Studio A in the in the Cheswick Place neighborhood starting from $1,075. The second greatest value Cobblestone apartment is the Spacious, Updated 3 Bedroom Large Townhome Awa... Model at Villa Del Sol Apartments starting at $1,400 with a $1.27 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 Studio A5831 Suburban DrStudio ,1BA$0.90
Villa Del Sol ApartmentsSpacious, Updated 3 Bedroom Large Townhome Awa...3BR,1.5BA$1.27
EAGLE CHASE APARTMENTSCanadian2BR,2BA$1.32
The Life at Wood Springs2 BEDROOM | 2 BATHROOM B2BR,2BA$1.35
Center Point2 Bed 2 Bath Renovated2BR,2BA$1.41
Park at Eagle CreekHawthorn2BR,1BA$1.34
Pebble PointThe Escape2BR,2BA$1.21
Waterfront PointeThe Rolling Dune - Upstairs1BR,1BA$1.41
Woodhaven ParkOne Bedroom One Bath1BR,1BA$1.30
Mariners VillageStudioStudio ,1BA$1.30

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Cobblestone, Indianapolis, IN

Ranked #146

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

Pet Friendliness Lifestyle Score

3.5
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 $2,868. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cobblestone ranging from $1,199 to $2,530.

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 $1,199 to $2,530 with an average monthly rent of $1,922.

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 $1,320 to $2,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $2,215. Four Bedroom Single-Family rentals are also available starting from $1,715 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.

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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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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.