
Cheap Apartments for Rent in the College Park Neighborhood of Indianapolis, IN from $400 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the College Park area of Indianapolis.


Westbury Court

Carlton Apartments

Grove on Harcourt
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Pickwick Farms Apartments

The Meridian North and South

King's Reserve College Park - 55+ Senior

Reflections Apartments

Landmark

Slate Run Lofts and Apartments

The Elliott at College Park Apartment Homes

Woodlake

The Towers at Crooked Creek Senior Housing
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Avia Lofts at Founders Road

The Manning Apartment Homes

Oak Lake at Crooked Creek
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College Park, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in College Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
College Park Studio Apartments | $1,009 | $819 | $1,590 |
College Park 1 Bedroom Apartments | $1,435 | $405 | $3,088 |
College Park 2 Bedroom Apartments | $1,734 | $889 | $3,510 |
College Park 3 Bedroom Apartments | $1,877 | $798 | $6,533 |
College Park 4 Bedroom Apartments | $2,181 | $1,690 | $2,620 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the College Park Neighborhood of Indianapolis, IN.
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College Park, Indianapolis, IN Local Guide
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Cheapest Available College Park Apartments for Rent
 The cheapest available apartment rental in the College Park area of Indianapolis, IN is a 1 Bed unit found at Westbury Court priced from $745. Carlton Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $785. Here are the most affordable College Park apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Westbury Court | Standard One Bedroom (SN3M) | 1BR,1BA | $745 |
Carlton Apartments | Villa | 1BR,1BA | $785 |
Grove on Harcourt | 3 Bed 2 Bath Apartment - Upgraded | 3BR,2BA | $798 |
Turtle Creek | Studio | Studio,1BA | $817 |
The Meridian North and South | A2S South | 1BR,1BA | $829 |
Best Value Apartments for Rent in College Park, IN
As of June 23, 2025 the best value apartment in the College Park area is the $1.07 price per square foot The Newburgh Model at Private Reserve Townhomes in the in the Spring Arbor neighborhood starting from $1,379. The second greatest value College Park apartment is the 2 Bed 2.5 Bath Apartment - Upgraded Model at Grove on 79th starting at $1,280 with a $1.07 price per square foot in the Spring Arbor neighborhood. Here is today’s list of the best values for College Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Private Reserve Townhomes | The Newburgh | 2BR,1.5BA | $1.07 |
Grove on 79th | 2 Bed 2.5 Bath Apartment - Upgraded | 2BR,2.5BA | $1.07 |
The Manning Apartment Homes | 3 Bedroom 2 Bath | 3BR,2BA | $1.43 |
North Willow | 2 Bed/1 Bath-Dn | 2BR,1BA | $1.28 |
Willow Lake Apartments | Meridian | 1BR,1.5BA | $1.45 |
The Jameson | Tuscany | 2BR,2BA | $1.30 |
Woodlake | Two Bedroom Apartment Large | 2BR,1BA | $1.44 |
The Retreat Northwest | 2 Bedroom 2 Bathroom 905 Sq. Ft. | 2BR,2BA | $1.39 |
Grove on Harcourt | 1 Bed 1.5 Bath Large Apartment | 1BR,1.5BA | $1.22 |
Westbury Court | Standard One Bedroom (SN3M) | 1BR,1BA | $1.29 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleCollege Park, Indianapolis, IN
Ranked #84
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Getting Around the College Park Neighborhood in Indianapolis, IN
Walk Score®
48 / 100
Car-Dependent
Most errands require a car
Bike Score®
53 / 100
Bikeable
Some bike infrastructure
Transit Score®
28 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap College Park Apartments
What is a cheap apartment in College Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in College Park is under $1,050.
What is the price of a cheap apartment in College Park?
The cheapest apartment in College Park is Westbury Court which is listed at $745, while the average apartment in College Park costs $2,207.
What types of apartments are the cheapest in College Park?
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 12 regular apartments in College Park 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 College Park?
Cheap apartments in College Park have an average cost of $142 which is $2,065 cheaper than the average rent for all rentals in College Park.
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.