Cheap Apartments for Rent in the Dakota Ridge Neighborhood of Indianapolis, IN from $700 (13 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Dakota Ridge 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.

Read Article
close
View Me
Estate View
1 to 2 Bedroom Apartments

Estate View

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

Deerfield Acres

4000 Foltz StIndianapolis, IN 46221

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.

Read Article
close
View Me
Crossroads at Southgreen
1 to 2 Bedroom Apartments

Crossroads at Southgreen

5030 Southgreen DrIndianapolis, IN 46227
  • Utilities Included
Showing Results 1-13, Page 1 of 1

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 $775. Thompson Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $928. Here are the most affordable Dakota Ridge apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Brookwood Apartments1 Bedroom 1 Bathroom1BR,1BA$775
Thompson Village ApartmentsOne Bedroom Apartment1BR,1BA$928
Pine GlenCedar Renovated1BR,1BA$945
Martinique Terrace2 Bed/1 Ba Standard Dn2BR,1BA$999
City Heights1A1BR,1BA$1,000

Best Value Apartments for Rent in Dakota Ridge, IN

As of January 23, 2026 the best value apartment in the Dakota Ridge area is the $1.18 price per square foot 4946 Camden St Model at 4946 Camden St, Unit Big Camden in the in the Shelby Street-Epler Avenue neighborhood starting from $2,000. The second greatest value Dakota Ridge apartment is the 3Bd/2Ba Up W/D Model at Martinique Terrace starting at $1,614 with a $1.24 price per square foot in the Winchester Village 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.
4946 Camden St, Unit Big Camden4946 Camden St3BR,2BA$1.18
Martinique Terrace3Bd/2Ba Up W/D3BR,2BA$1.24
Aspen LakesLarge 2 Bedrooms 2 Baths - Phase II2BR,2BA$1.24
Hanna VillageCambridge3BR,2BA$1.45
Brookwood Apartments2 Bedroom 1.5 Bath2BR,1.5BA$1.10
Creek Bay1Bed/1Bath Large1BR,1BA$1.46
Dakota RidgeLakota1BR,1BA$1.34
Capital PlaceTwo Bedroom One Bath2BR,1BA$1.38
City Heights1A1BR,1BA$1.44
Thompson Village ApartmentsOne Bedroom Apartment1BR,1BA$1.51

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 $775, while the average apartment in Dakota Ridge costs $1,606.

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 28 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 $191 which is $1,415 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

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

decorative image for Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters article

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.

decorative image for Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods article

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.

Articles, How-To's, and Tips

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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

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

Written by: Bob Mallory

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.