
Cheap Apartments for Rent in the Dakota Ridge Neighborhood of Indianapolis, IN from $700 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Dakota Ridge area of Indianapolis.


Brookwood Apartments

Thompson Village Apartments

Pine Glen

Meridian Court South

Martinique Terrace

Southern Dunes
Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

City Heights

Creek Bay

Hanna Village

Aspen Lakes

Murphy's Landing

6609 Black Antler Dr

2504 Abalone Dr
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Estate View

Markwood Terrace Apartments

Deerfield Acres

CrossRoads @ Southgreen

Buffalo Creek Apartments

Lighthouse Landings

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

2424 Boyer Ln
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 | $1,090 | $850 | $1,440 |
| Dakota Ridge 2 Bedroom Apartments | $1,295 | $952 | $2,074 |
| Dakota Ridge 3 Bedroom Apartments | $1,653 | $1,206 | $3,594 |
Browse Apartments in this Neighborhood
There are currently 22 rentals with your search options within a 2 mile radius of the Dakota Ridge Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Dakota Ridge, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Brookwood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $845 |
| Capital Place | Two Bedroom One Bath | 2BR,1BA | $849 |
| Thompson Village Apartments | One Bedroom Apartment | 1BR,1BA | $850 |
| Pine Glen | 1x1 Classic WL | 1BR,1BA | $870 |
| CrossRoads @ Southgreen | CrossRoads @ 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Martinique Terrace | 3Bd/2Ba Up W/D | 3BR,2BA | $1.16 |
| Southern Dunes | Riversong + Garage | 2BR,2BA | $1.41 |
| Aspen Lakes | 2Bed / 2Bath- Phase I | 2BR,2BA | $1.28 |
| Dakota Ridge | 2FD | 2BR,2BA | $1.33 |
| Lighthouse Landings | Cape Elizabeth Lakeview | 1BR,1BA | $1.47 |
| Brookwood Apartments | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $1.23 |
| Capital Place | Two Bedroom One Bath w/Den | 2BR,1BA | $1.28 |
| CrossRoads @ Southgreen | CrossRoads @ Southgreen - 615-1... | 2BR,1BA | $1.20 |
| Thompson Village Apartments | One Bedroom Apartment | 1BR,1BA | $1.38 |
| Pine Glen | 1x1 Classic WL | 1BR,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.
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 ArticleReal 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.
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 #178
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 $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.
Helpful Local Expert Guides

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.