Cheap Apartments for Rent in the Concord Neighborhood of Indianapolis, IN from $500 (76 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Concord area of Indianapolis.

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One Somerset
Rent Specials
$775
Total Monthly Price

Total Monthly Price

Base Rent
$775
Total Monthly Price
Varies
2 Bedroom Apartments Available Now

One Somerset

3761 S State AveIndianapolis, IN 46227
Student Housing
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property at 1202 Hoefgen St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1202 Hoefgen St, Unit 1202

1202 Hoefgen St
IndianapolisIN46203
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Volrath
Studio to 2 Bedroom Apartments

Volrath

118 Palmer StIndianapolis, IN 46225
Student Housing
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Rosedale Hills
Studio to 3 Bedroom Apartments

Rosedale Hills

2139 E Hanna AveIndianapolis, IN 46227
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Garfield Place
2 Bedroom Apartments

Garfield Place

2236 Ransdell StIndianapolis, IN 46225
  • Utilities Included

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Cheapest Available Concord Apartments for Rent

 

The cheapest available apartment rental in the Concord area of Indianapolis, IN is a 2 Beds unit found at One Somerset priced from $775. Spicewood has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Concord apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
One SomersetOne Somerset - 1 Bed/1 Bath2BR,1BA$775
SpicewoodStudioStudio,1BA$799
Volrath1BR/1.0BA1BR,1BA$825
Pine Glen1x1 Classic Watilist1BR,1BA$870
Capital PlaceOne Bedroom One Bath TH1BR,1BA$874
Dawson Village2 BR/1 BA - FLATS2BR,1BA$899
Garfield Park Village2/1 Vintage2BR,1BA$899
Madison Lofts1 Bedroom 1 Bathroom1BR,1BA$899
Hanna VillageCamden1BR,1BA$1,099
The Assumption on Blaine1 Bed 1 Bath1BR,1BA$1,100

Best Value Apartments for Rent in Concord, IN

As of July 16, 2026 the best value apartment in the Concord area is the $1.49 price per square foot 4 Beds, 4 Baths Model at 818-820 S Union St in the in the Concord neighborhood starting from $3,900. The second greatest value Concord apartment is the Two Bedroom One Bath TH Model at Capital Place starting at $1,159 with a $1.30 price per square foot in the Concord neighborhood. Here is today’s list of the best values for Concord apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
818-820 S Union St4 Beds, 4 Baths4BR,4BA$1.49
Capital PlaceTwo Bedroom One Bath TH2BR,1BA$1.30
The Assumption on Blaine1 Bed 1 Bath1BR,1BA$1.31
One SomersetOne Somerset - 1 Bed/1 Bath2BR,1BA$1.11
Dawson VillageRenovated 2 Bedroom Flat - Open Kitchen Floorplan2BR,1BA$1.36
Hanna VillageCamden1BR,1BA$1.64
Madison Lofts1 Bedroom 1 Bathroom1BR,1BA$1.44
Garfield Park Village2/1 Renovated2BR,1BA$1.61
Pine Glen1x1 Classic Watilist1BR,1BA$1.43
Volrath1BR/1.0BA1BR,1BA$1.38

Frequently Asked Questions about Cheap Concord Apartments

What is a cheap apartment in Concord?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Concord is under $1,100.

What is the price of a cheap apartment in Concord?

The cheapest apartment in Concord is Volrath which is listed at $825, while the average apartment in Concord costs $7,893.

What types of apartments are the cheapest in Concord?

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 5 regular apartments in Concord 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 Concord?

Cheap apartments in Concord have an average cost of $131 which is $7,762 cheaper than the average rent for all rentals in Concord.

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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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