Cheap Apartments for Rent in the Cumberland Neighborhood of Indianapolis, IN from $700 (25 Rentals)

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

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Atrium Village
2 Bedroom Apartments

Atrium Village

2636 N Mitthoeffer RdIndianapolis, IN 46229
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Cumberland Manor
1 to 3 Bedroom Apartments

Cumberland Manor

931 Spy Run RdIndianapolis, IN 46229
property at 10049 Hawkins Ct

10049 Hawkins Ct

IndianapolisIN46229

Cumberland - One of the Best Affordable Neighborhoods in Indianapolis

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

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Showing Results 1-25, Page 1 of 1

Cumberland, Indianapolis, IN Local Guide

Cheapest Available Cumberland Apartments for Rent

 

The cheapest available apartment rental in the Cumberland area of Indianapolis, IN is a 1 Bed unit found at Serenity Park Apartments priced from $769. Lake Marina Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here are the most affordable Cumberland apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Serenity Park Apartments1 Bedroom 1 Bath1BR,1BA$769
Lake Marina Apartments1 Bedroom Townhouse1BR,1BA$899
Freeman Apartments LLCThe Coltrane1BR,1BA$920
Spanish OaksStudioStudio,1BA$950
Eastway Court ApartmentsThe Yellowstone2BR,1BA$1,014

Best Value Apartments for Rent in Cumberland, IN

As of May 25, 2025 the best value apartment in the Cumberland area is the $0.94 price per square foot Two Bedroom One Bath Model at Paragon Park in the in the Southeast Indianapolis neighborhood starting from $1,149. The second greatest value Cumberland apartment is the 3 Bed 2 Bath Model at The Life at Belhaven Place starting at $1,387 with a $1.18 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Cumberland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Paragon ParkTwo Bedroom One Bath2BR,1BA$0.94
The Life at Belhaven Place3 Bed 2 Bath3BR,2BA$1.18
Country Lake TownhomesThe Prince2BR,1.5BA$1.40
Knoll Ridge Townhomes & Apartments2 Bedroom Deluxe2BR,1BA$1.47
Warren Harbor ApartmentsThe Walker2BR,2BA$1.42
Indy 7925B2R- 2x22BR,2BA$1.46
Cumberland ManorCumberland Manor - Newly Renovated 1 Bed/1 Bath...1BR,1BA$1.52
Bavarian Village ApartmentsThe Chateau 2 BR 1 BA2BR,1BA$1.58
Lake Marina Apartments1 Bedroom Townhouse1BR,1BA$1.40
Serenity Park Apartments1 Bedroom 1 Bath1BR,1BA$1.29

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
Cumberland, Indianapolis, IN

Ranked #90

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Cumberland Neighborhood in Indianapolis, IN

Walk Score®

62 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

66 / 100

Bikeable

Some bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

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 Cumberland Apartments

What is the price of a cheap apartment in Cumberland?

The cheapest apartment in Cumberland is Serenity Park Apartments which is listed at $769, while the average apartment in Cumberland costs $2,135.

What types of apartments are the cheapest in Cumberland?

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 7 regular apartments in Cumberland 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 Cumberland?

Cheap apartments in Cumberland have an average cost of $412 which is $1,723 cheaper than the average rent for all rentals in Cumberland.

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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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.

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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.