Cheap Apartments for Rent in the Delaware Trail Neighborhood of Indianapolis, IN from $600 (28 Rentals)

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

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Showing Results 1-28, Page 1 of 1

Delaware Trail, Indianapolis, IN Local Guide

Cheapest Available Delaware Trail Apartments for Rent

 

The cheapest available apartment rental in the Delaware Trail area of Indianapolis, IN is a Studio unit found at Dogwood Glen priced from $695. The Meridian North and South has the second lowest priced unit, which is a 1 Bed apartment currently listed from $727. Here are the most affordable Delaware Trail apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Dogwood GlenStudio 1 BathStudio,1BA$695
The Meridian North and SouthA4S South1BR,1BA$727
Broad Ripple TrailsSTUD-SStudio,1BA$839
Wellington Square Apartments1BR/1BA1BR,1BA$842
Reflections ApartmentsReplicaStudio,1BA$844
Turtle CreekStudioStudio,1BA$859
Carlton ApartmentsRetreat1BR,1BA$865
Lincolnshire Broad RippleStudio Upper LevelsStudio,1BA$875
The Pines at SoBro1 Bedroom 1 Bath Apartment - Classic1BR,1BA$879
Meridian Lakes1Bed/1Ba-Up (B)1BR,1BA$884

Best Value Apartments for Rent in Delaware Trail, IN

As of December 21, 2025 the best value apartment in the Delaware Trail area is the $1.19 price per square foot 2 Bed, 2.5 Bath, 2 car Garage Townhome Model at Townes at Winthrop in the in the Warfleigh neighborhood starting from $2,200. The second greatest value Delaware Trail apartment is the Iris Model at Everly at Meridian Hills starting at $1,379 with a $1.15 price per square foot in the Faith Knoll neighborhood. Here is today’s list of the best values for Delaware Trail apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Townes at Winthrop2 Bed, 2.5 Bath, 2 car Garage Townhome2BR,2.5BA$1.19
Everly at Meridian HillsIris2BR,1BA$1.15
Edgewater Apartments2 Bedroom2BR,2BA$1.40
The Grove on 79th1 Bed 1.5 Bath Apartment - Renovated1BR,1.5BA$1.20
The Grove on Harcourt1 Bed 1.5 Bath Large Apartment - Renovated1BR,1.5BA$1.14
The Pines at SoBro2x1 Large - Renovated2BR,1BA$1.42
Broad Ripple FlatsUpgraded 1, 2 and 2.15 bath apartments2BR,1BA$1.38
The Meridian North and SouthA1R North1BR,1BA$1.35
Estates at Crystal BayOne Bedroom One Bath1BR,1BA$1.46
Jade North ApartmentsPlan FStudio ,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.

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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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Quick 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.

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Lifestyle Ratings

Our team of engineers and researchers compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in areas across the United States and customized analysis for North Indianapolis, IN. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, family-friendly amenities, raising pets, transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Delaware Trail Neighborhood in Indianapolis, IN

Walk Score®

16 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

38 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

22 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Delaware Trail Apartments

What is a cheap apartment in Delaware Trail?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Delaware Trail is under $884.

What is the price of a cheap apartment in Delaware Trail?

The cheapest apartment in Delaware Trail is The Meridian North and South which is listed at $727, while the average apartment in Delaware Trail costs $4,407.

What types of apartments are the cheapest in Delaware Trail?

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 39 regular apartments in Delaware Trail 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 Delaware Trail?

Cheap apartments in Delaware Trail have an average cost of $138 which is $4,269 cheaper than the average rent for all rentals in Delaware Trail.

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.

Articles, How-To's, and Tips

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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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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!