Cheap Apartments for Rent in the Dakota Ridge Neighborhood of Indianapolis, IN from $700 (22 Rentals)

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

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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 @ Southgreen
1 to 2 Bedroom Apartments

CrossRoads @ Southgreen

5030 Southgreen DrIndianapolis, IN 46227
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Lighthouse Landings
1 to 2 Bedroom Apartments

Lighthouse Landings

6640 Heron Neck DrIndianapolis, IN 46217
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Dakota Ridge
1 to 3 Bedroom Apartments

Dakota Ridge

1510 Dakota Ridge DrIndianapolis, IN 46217

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Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

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 $845. Capital Place has the second lowest priced unit, which is a 2 Beds apartment currently listed from $849. Here are the most affordable Dakota Ridge apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Brookwood Apartments1 Bedroom 1 Bathroom1BR,1BA$845
Capital PlaceTwo Bedroom One Bath2BR,1BA$849
Thompson Village ApartmentsOne Bedroom Apartment1BR,1BA$850
Pine Glen1x1 Classic WL1BR,1BA$870
CrossRoads @ SouthgreenCrossRoads @ Southgreen - 615-1...2BR,1BA$975

Best Value Apartments for Rent in Dakota Ridge, IN

As of August 26, 2026 the best value apartment in the Dakota Ridge area is the $1.16 price per square foot 3Bd/2Ba Up W/D Model at Martinique Terrace in the in the Winchester Village neighborhood starting from $1,506. The second greatest value Dakota Ridge apartment is the Riversong + Garage Model at Southern Dunes starting at $1,692 with a $1.41 price per square foot in the Meridian Woods Park 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.
Martinique Terrace3Bd/2Ba Up W/D3BR,2BA$1.16
Southern DunesRiversong + Garage2BR,2BA$1.41
Aspen Lakes2Bed / 2Bath- Phase I2BR,2BA$1.28
Dakota Ridge2FD2BR,2BA$1.33
Lighthouse LandingsCape Elizabeth Lakeview1BR,1BA$1.47
Brookwood Apartments2 Bedroom 1.5 Bath2BR,1.5BA$1.23
Capital PlaceTwo Bedroom One Bath w/Den2BR,1BA$1.28
CrossRoads @ SouthgreenCrossRoads @ Southgreen - 615-1...2BR,1BA$1.20
Thompson Village ApartmentsOne Bedroom Apartment1BR,1BA$1.38
Pine Glen1x1 Classic WL1BR,1BA$1.43

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Dakota Ridge, Indianapolis, IN

Ranked #178

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 $845, while the average apartment in Dakota Ridge costs $1,229.

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 20 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 $150 which is $1,079 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.

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