
Cheap Apartments for Rent in the Dakota Ridge Neighborhood of Indianapolis, IN from $700 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Dakota Ridge area of Indianapolis.


Brookwood Apartments

Pine Glen

Capital Place

Meridian Court South
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Thompson Village Apartments

Martinique Terrace

City Heights

Buffalo Creek Apartments

Creek Bay
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Hanna Village

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Deerfield Acres

Crossroads at Southgreen

Markwood Terrace Apartments
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Dakota Ridge, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Dakota Ridge?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Dakota Ridge 1 Bedroom Apartments | $1,109 | $775 | $1,480 |
| Dakota Ridge 2 Bedroom Apartments | $1,324 | $964 | $1,720 |
| Dakota Ridge 3 Bedroom Apartments | $1,717 | $1,309 | $3,629 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Dakota Ridge Neighborhood of Indianapolis, IN.
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Dakota Ridge, Indianapolis, IN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Brookwood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $847 |
| Pine Glen | Maple Classic | 1BR,1BA | $855 |
| Capital Place | One Bedroom One Bath TH | 1BR,1BA | $884 |
| Thompson Village Apartments | One Bedroom Apartment | 1BR,1BA | $928 |
| Martinique Terrace | 2 Bed/1 Ba Standard Dn | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Southern Dunes | Riversong + Garage | 2BR,2BA | $1.42 |
| Hanna Village | Cambridge | 3BR,2BA | $1.45 |
| Lighthouse Landings | Cape Elizabeth | 1BR,1BA | $1.63 |
| Martinique Terrace | 1Bd/1Ba-Dn Mini W/D | 1BR,1BA | $1.18 |
| Creek Bay | 1Bed/1Bath Large | 1BR,1BA | $1.37 |
| Dakota Ridge | Lakota | 1BR,1BA | $1.34 |
| Brookwood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.10 |
| Capital Place | Two Bedroom One Bath | 2BR,1BA | $1.38 |
| Pine Glen | Oak Renovated | 2BR,1BA | $1.41 |
| Thompson Village Apartments | One Bedroom Apartment | 1BR,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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Read ArticleYour 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
Read ArticleQuick 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.
Pet Friendly LifestyleDakota Ridge, Indianapolis, IN
Ranked #179
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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

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.

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.

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

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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.

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.