
Cheap Homes for Rent in Dakota Ridge Neighborhood of Indianapolis, IN from $1,500 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Dakota Ridge area of Indianapolis.


7202 Parklake Cir
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.

6348 Coconut Ct

6529 Black Antler Dr
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.

2828 Mingo Ct
Dakota Ridge, Indianapolis, IN Local Guide

How much does it cost to rent a home in Dakota Ridge?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Dakota Ridge 3 Bedroom Homes for Rent | $1,694 | $1,500 | $1,900 |
| Dakota Ridge 4 Bedroom Homes for Rent | $1,991 | $1,840 | $2,140 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Dakota Ridge Neighborhood of Indianapolis, IN.
Explore Indianapolis
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 $887. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Brookwood Apartments | Evergreen Three | 1BR,1BA | $887 |
| Thompson Village Apartments | One Bedroom Apartment | 1BR,1BA | $928 |
| Capital Place | Two Bedroom One Bath TH | 2BR,1BA | $959 |
Best Value Apartments for Rent in Dakota Ridge, IN
As of January 02, 2026 the best value apartment in the Dakota Ridge area is the $1.24 price per square foot 3Bd/2Ba Up W/D Model at Martinique Terrace in the in the Winchester Village neighborhood starting from $1,614. The second greatest value Dakota Ridge apartment is the Bighorn Model at Dakota Ridge starting at $1,580 with a $1.29 price per square foot in the Shelby Street-Epler Avenue 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 | $1.24 |
| Dakota Ridge | Bighorn | 3BR,2BA | $1.29 |
| Capital Place | Three Bedroom 1.5 Bath TH w/Den | 3BR,1.5BA | $1.16 |
| Brookwood Apartments | Sycamore Two | 3BR,1.5BA | $1.27 |
| Lighthouse Landings | Eagle`s Island Fireplace | 2BR,1BA | $1.47 |
| Creek Bay | 1Bed/1Bath Large | 1BR,1BA | $1.46 |
| Pine Glen | Oak Renovated | 2BR,1BA | $1.47 |
| Murphy's Landing | The Wake | 1BR,1BA | $1.52 |
| City Heights | 1A | 1BR,1BA | $1.44 |
| Thompson Village Apartments | One Bedroom Apartment | 1BR,1BA | $1.51 |
Frequently Asked Questions about Dakota Ridge
What type of rentals are currently available in Dakota Ridge?
There are currently 22 Apartments for Rent in Dakota Ridge, IN with pricing that ranges from $727 to $2,472. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Dakota Ridge ranging from $1,500 to $2,140.
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 $1,500 to $2,140 with an average monthly rent of $1,842.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!