Cheap Apartments for Rent in the Delaware Trail Neighborhood of Indianapolis, IN from $700 (10 Rentals)

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

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.

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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 1 Bed unit found at The Meridian North and South priced from $839. Highland Pointe has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Delaware Trail apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Meridian North and SouthA2S South1BR,1BA$839
Highland PointePine1BR,1BA$900
The EclipsePhoenix1BR,1BA$945

Best Value Apartments for Rent in Delaware Trail, IN

As of May 24, 2025 the best value apartment in the Delaware Trail area is the $1.07 price per square foot Orchid Model at Everly at Meridian Hills in the in the Faith Knoll neighborhood starting from $1,779. The second greatest value Delaware Trail apartment is the 2 Bedroom 1 Bath Model at Edison at Meridian Hills starting at $1,499 with a $1.43 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.
Everly at Meridian HillsOrchid3BR,2BA$1.07
Edison at Meridian Hills2 Bedroom 1 Bath2BR,1BA$1.43
WoodlakeTwo Bedroom Apartment Large2BR,1BA$1.51
Reflections ApartmentsImages1BR,1BA$1.54
Park Place Apartments1 Bedroom Remodeled1BR,1BA$1.53
Highland PointePine Premium1BR,1BA$1.42
The EclipseCosmo - Loft - Renovated1BR,1BA$1.75
The Manning Apartment HomesStudioStudio ,1BA$2.14
The Meridian North and SouthA1P1BR,1BA$2.04
Meridian Lakes1Bed/1Ba-Dn (B)1BR,1BA$2.08

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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

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 $1,395.

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 $839, while the average apartment in Delaware Trail costs $1,469.

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 13 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 $184 which is $1,285 cheaper than the average rent for all rentals in Delaware Trail.

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.

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis

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