Cheap Homes for Rent in Concord Neighborhood of Indianapolis, IN from $500 (31 Rentals)

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

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.

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property at 336 Prospect St

$795 - $895

1 Bedroom Rentals

Available Now

336 Prospect St

IndianapolisIN46225

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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 821 Iowa St

$1,100

2 Bedroom Rentals

Available Now

821 Iowa St

IndianapolisIN46203
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Concord, Indianapolis, IN Local Guide

Cheapest Available Concord Apartments for Rent

 

The cheapest available apartment rental in the Concord area of Indianapolis, IN is a 1 Bed unit found at Volrath priced from $649. One Somerset has the second lowest priced unit, which is a 2 Beds apartment currently listed from $775. Here are the most affordable Concord apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Volrath**Free Month of Rent ** 128 E Palmer St - Studio1BR,1BA$649
One SomersetOne Somerset - 1 Bed/1 Bath2BR,1BA$775
SpicewoodStudioStudio,1BA$849
Welcome to Dawson Village – Welcome Home!2 BR/1 BA - FLATS2BR,1BA$899
Garfield Park Village2/1 Vintage2BR,1BA$951
Capital PlaceTwo Bedroom One Bath2BR,1BA$1,009
The Assumption on Blaine1 Bed 1 Bath1BR,1BA$1,030
Emhardt Apartments2BR/1.0BA2BR,1BA$1,095
Madison LoftsThe Loft 1x1-L1BR,1BA$1,099

Best Value Apartments for Rent in Concord, IN

As of December 25, 2025 the best value apartment in the Concord area is the $1.35 price per square foot 2 Bed 2 Bath Model at The Assumption on Blaine in the in the Concord neighborhood starting from $1,775. The second greatest value Concord apartment is the 2 Bed 1.5 Bath Model at Fountain Square Townhomes starting at $1,619 with a $1.35 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.
The Assumption on Blaine2 Bed 2 Bath2BR,2BA$1.35
Fountain Square Townhomes2 Bed 1.5 Bath2BR,1.5BA$1.35
Emhardt Apartments2BR/1.0BA2BR,1BA$1.21
Capital PlaceTwo Bedroom One Bath2BR,1BA$1.34
Pine GlenOak Renovated2BR,1BA$1.47
Welcome to Dawson Village – Welcome Home!Brand New Double2BR,1BA$1.43
Madison LoftsThe Loft 1x1-L1BR,1BA$1.63
Garfield Park Village2/1 Renovated2BR,1BA$1.64
One SomersetOne Somerset - 1 Bed/1 Bath1BR,1BA$1.29
Volrath0BR/1.0BAStudio ,1BA$1.29

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.

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The 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.

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Cash 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.

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Your 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

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Quick 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.

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Pet Friendly Lifestyle
Concord, Indianapolis, IN

Ranked #104

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 Concord

What type of rentals are currently available in Concord?

There are currently 92 Apartments for Rent in Concord, IN with pricing that ranges from $649 to $28,791. There are also 131 Single Family Homes for rent, Condos, and Townhome rentals currently available in Concord ranging from $699 to $4,250.

What is the current price range for Rental Homes in Concord?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Concord ranges from $699 to $4,250 with an average monthly rent of $1,770.

How much are larger Three and Four Bedroom Rentals in Concord?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Concord range from $1,399 to $4,560, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $2,299.

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.

Articles, How-To's, and Tips

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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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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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.