
Cheap Homes for Rent in Decatur Commons Neighborhood of Indianapolis, IN from $1,300 (25 Rentals)
Search the lowest-cost Homes available for rent right now in the Decatur Commons area of Indianapolis.


4002 Harmony Dr

3135 Foltz St

5202 Sandy Forge Dr

7208 Cordova Dr

5904 Jackie Ln
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.

9016 Hosta Way

5378 Milhouse Rd

5378 Milhouse Rd

8747 Hosta Way

5501 Furnas Ct

5515 Dollar Hide S 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.

8840 Hosta Way

5102 Emmert Dr

6113 Longmeadow Dr

5837 Jackie Ln

5149 Emmert Dr

8845 Limberlost Ct
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.

5902 Cabot Dr

8715 Hosta Way

5835 Mosaic Pl

5586 Sweet River Dr

6316 Long River Ln

7926 Hydrangea Ct
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

6148 Navy Cir
Decatur Commons, Indianapolis, IN Local Guide

How much does it cost to rent a home in Decatur Commons?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Decatur Commons 3 Bedroom Homes for Rent | $1,777 | $1,375 | $2,100 |
| Decatur Commons 4 Bedroom Homes for Rent | $2,065 | $1,610 | $2,505 |
| Decatur Commons 5 Bedroom Homes for Rent | $2,695 | $2,695 | $2,695 |
Browse Homes for Rent in this Neighborhood
There are currently 25 rentals with your search options within a 3 mile radius of the Decatur Commons Neighborhood of Indianapolis, IN.
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Decatur Commons, Indianapolis, IN Local Guide
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Cheapest Available Decatur Commons Apartments for Rent
 The cheapest available apartment rental in the Decatur Commons area of Indianapolis, IN is a 1 Bed unit found at Abbey Apartments - Affordable Senior Housing priced from $778. Stone Ridge Flats and Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here are the most affordable Decatur Commons apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Abbey Apartments - Affordable Senior Housing | One Bedroom | 1BR,1BA | $778 |
| Stone Ridge Flats and Townhomes | Azure | 1BR,1BA | $995 |
| Camby Crossing | 1x1 | 1BR,1BA | $999 |
| Home Place Senior Living | 1 BD 1 BTH | 1BR,1BA | $1,000 |
| Mann Village Apartments | 1 Bedroom Apartment | 1BR,1BA | $1,049 |
Best Value Apartments for Rent in Decatur Commons, IN
As of January 27, 2026 the best value apartment in the Decatur Commons area is the $1.61 price per square foot Cobalt Model at Stone Ridge Flats and Townhomes in the in the Airport District neighborhood starting from $1,399. The second greatest value Decatur Commons apartment is the Arbor Model at Aspen Pointe Apartments starting at $1,200 with a $1.47 price per square foot in the Airport District neighborhood. Here is today’s list of the best values for Decatur Commons apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Stone Ridge Flats and Townhomes | Cobalt | 2BR,1BA | $1.61 |
| Aspen Pointe Apartments | Arbor | 2BR,1BA | $1.47 |
| Arborwood Apartments | The Ninebark | 1BR,1BA | $1.48 |
| Foundry at Heartland Crossing | Forge | 1BR,1BA | $1.86 |
| Horizons Apartments | The Aspiration | 2BR,1BA | $1.41 |
| Alpine Studios | Cervinia | 1BR,1BA | $1.70 |
| Camby Crossing | 1x1 | 1BR,1BA | $1.45 |
| Home Place Senior Living | 1 BD 1 BTH | 1BR,1BA | $1.56 |
| Mann Village Apartments | 1 Bedroom Apartment | 1BR,1BA | $1.72 |
| Abbey Apartments - Affordable Senior Housing | One Bedroom | 1BR,1BA | $1.45 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
Best Local Schools in Decatur Commons, Indianapolis, IN
School data provided by Great Schools
Frequently Asked Questions about Decatur Commons
What type of rentals are currently available in Decatur Commons?
There are currently 23 Apartments for Rent in Decatur Commons, IN with pricing that ranges from $778 to $2,338. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Decatur Commons ranging from $1,375 to $2,695.
What is the current price range for Rental Homes in Decatur Commons?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Decatur Commons ranges from $1,375 to $2,695 with an average monthly rent of $2,179.
How much are larger Three and Four Bedroom Rentals in Decatur Commons?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Decatur Commons range from $1,199 to $2,338, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,375 to $2,100. Four Bedroom Single-Family rentals are also available starting from $1,610 and Four Bedroom Apartments start at $925.
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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
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.

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.