Cheap Homes for Rent in Dakota Ridge Neighborhood of Indianapolis, IN from $1,500 (6 Rentals)

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

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 $907. Meridian Court South has the second lowest priced unit, which is a 1 Bed apartment currently listed from $920. Here are the most affordable Dakota Ridge apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Brookwood ApartmentsEvergreen Three1BR,1BA$907
Meridian Court SouthHideaway 1 & 21BR,1BA$920
Thompson Village ApartmentsOne Bedroom Apartment1BR,1BA$967

Best Value Apartments for Rent in Dakota Ridge, IN

As of November 13, 2025 the best value apartment in the Dakota Ridge area is the $1.14 price per square foot 3 Bedrooms 2 Baths- Phase I Model at Aspen Lakes in the in the Southern Homes neighborhood starting from $1,725. The second greatest value Dakota Ridge apartment is the Oasis Model at Southern Dunes starting at $1,433 with a $1.30 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.
Aspen Lakes3 Bedrooms 2 Baths- Phase I3BR,2BA$1.14
Southern DunesOasis2BR,2BA$1.30
Brookwood ApartmentsSycamore Two3BR,1.5BA$1.27
Lighthouse LandingsEagle`s Island w/ FP & LV2BR,1BA$1.43
Hanna VillageConcord2BR,1BA$1.43
Capital PlaceTwo Bedroom One Bath TH2BR,1BA$1.30
Dakota RidgeSheyenne1BR,1BA$1.41
Martinique Terrace1Bd/1Ba-Dn Mini W/D1BR,1BA$1.18
Creek Bay1Bed/1Bath Large1BR,1BA$1.46
Pine GlenOak Renovated2BR,1BA$1.47

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Pet Friendly Lifestyle
Dakota Ridge, Indianapolis, IN

Ranked #175

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 Dakota Ridge

What type of rentals are currently available in Dakota Ridge?

There are currently 21 Apartments for Rent in Dakota Ridge, IN with pricing that ranges from $727 to $2,588. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Dakota Ridge ranging from $1,550 to $1,995.

What is the current price range for Rental Homes in Dakota Ridge?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Dakota Ridge ranges from $1,550 to $1,995 with an average monthly rent of $1,730.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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.

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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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.