Cheap Apartments for Rent in the Dakota Ridge Neighborhood of Indianapolis, IN from $700 (15 Rentals)

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Estate View
1 to 2 Bedroom Apartments

Estate View

6768 S East StIndianapolis, IN 46227
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Deerfield Acres
3 Bedroom Apartments

Deerfield Acres

4000 Foltz StIndianapolis, IN 46221
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Crossroads at Southgreen
1 to 2 Bedroom Apartments

Crossroads at Southgreen

5030 Southgreen DrIndianapolis, IN 46227
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Dakota Ridge, Indianapolis, IN Local Guide

Cheapest Available Dakota Ridge Apartments for Rent

 

The cheapest available apartment rental in the Dakota Ridge area of Indianapolis, IN is a 1 Bed unit found at Brookwood Apartments priced from $847. Pine Glen has the second lowest priced unit, which is a 1 Bed apartment currently listed from $855. Here are the most affordable Dakota Ridge apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Brookwood Apartments1 Bedroom 1 Bathroom1BR,1BA$847
Pine GlenMaple Classic1BR,1BA$855
Capital PlaceOne Bedroom One Bath TH1BR,1BA$884
Thompson Village ApartmentsOne Bedroom Apartment1BR,1BA$928
Martinique Terrace2 Bed/1 Ba Standard Dn2BR,1BA$999

Best Value Apartments for Rent in Dakota Ridge, IN

As of March 15, 2026 the best value apartment in the Dakota Ridge area is the $1.42 price per square foot Riversong + Garage Model at Southern Dunes in the in the Meridian Woods Park neighborhood starting from $1,700. The second greatest value Dakota Ridge apartment is the Cambridge Model at Hanna Village starting at $1,599 with a $1.45 price per square foot in the Concord neighborhood. Here is today’s list of the best values for Dakota Ridge apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Southern DunesRiversong + Garage2BR,2BA$1.42
Hanna VillageCambridge3BR,2BA$1.45
Lighthouse LandingsCape Elizabeth1BR,1BA$1.63
Martinique Terrace1Bd/1Ba-Dn Mini W/D1BR,1BA$1.18
Creek Bay1Bed/1Bath Large1BR,1BA$1.37
Dakota RidgeLakota1BR,1BA$1.34
Brookwood Apartments1 Bedroom 1 Bathroom1BR,1BA$1.10
Capital PlaceTwo Bedroom One Bath2BR,1BA$1.38
Pine GlenOak Renovated2BR,1BA$1.41
Thompson Village ApartmentsOne Bedroom Apartment1BR,1BA$1.51

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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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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Pet Friendly Lifestyle
Dakota Ridge, Indianapolis, IN

Ranked #179

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Dakota Ridge Apartments

What is the price of a cheap apartment in Dakota Ridge?

The cheapest apartment in Dakota Ridge is Brookwood Apartments which is listed at $847, while the average apartment in Dakota Ridge costs $1,549.

What types of apartments are the cheapest in Dakota Ridge?

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 37 regular apartments in Dakota Ridge 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 Dakota Ridge?

Cheap apartments in Dakota Ridge have an average cost of $255 which is $1,294 cheaper than the average rent for all rentals in Dakota Ridge.

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.

Helpful Local Expert Guides

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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 Picking the Perfect Indianapolis Neighborhood for Student Renters

Written by: Wendy Melton

Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

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Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Written by: Wendy Melton

My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.