
Cheap Apartments for Rent in the Delaware Trail Neighborhood of Indianapolis, IN from $700 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in the Delaware Trail area of Indianapolis.


Turtle Creek - Indianapolis

Carlton Apartments

Monon Walk Apartments

The Pines at SoBro

Broad Ripple Trails

Wellington Square Apartments

Meridian Lakes

Landmark
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5820 Grandview Dr

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Woodlake

Edison at Meridian Hills

The Grove on 79th
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Estates at Crystal Bay

Versa

Historic Marcy Village

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Monon 46

Monon Living

Park 66 Flats

The Coil

The Line

6148 Winthrop Ave, Unit 5

Edgewater Apartments

Everly at Meridian Hills

River House
Delaware Trail - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

5820 Grandview Dr

Park Place Apartments

922 Hoover Village Dr
Delaware Trail, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Delaware Trail?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Delaware Trail Studio Apartments | $1,226 | $749 | $5,283 |
| Delaware Trail 1 Bedroom Apartments | $1,106 | $734 | $2,095 |
| Delaware Trail 2 Bedroom Apartments | $1,360 | $799 | $4,909 |
| Delaware Trail 3 Bedroom Apartments | $1,449 | $1,074 | $2,449 |
| Delaware Trail 4 Bedroom Apartments | $1,756 | $1,756 | $1,756 |
Browse Apartments in this Neighborhood
There are currently 39 rentals with your search options within a 2 mile radius of the Delaware Trail Neighborhood of Indianapolis, IN.
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Delaware Trail, Indianapolis, IN Local Guide
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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 Turtle Creek - Indianapolis priced from $749. Carlton Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $810. Here are the most affordable Delaware Trail apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Turtle Creek - Indianapolis | S1 Shell | Studio,1BA | $749 |
| Carlton Apartments | Villa | 1BR,1BA | $810 |
| Monon Walk Apartments | Studio | Studio,1BA | $810 |
| The Meridian North and South | B4S South | 2BR,1BA | $869 |
| Landmark | S1 Ranier | Studio,1BA | $870 |
| Carrollton Manor Apartments | 1 Bed 1 Bath Unfurnished | 1BR,1BA | $900 |
| Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $926 |
| Meridian Lakes | 1Bed/1Ba-Dn (A) | 1BR,1BA | $960 |
| The Manning Apartment Homes | Studio | Studio,1BA | $969 |
| Woodlake | One Bedroom Apartment | 1BR,1BA | $973 |
Best Value Apartments for Rent in Delaware Trail, IN
As of July 26, 2026 the best value apartment in the Delaware Trail area is the $1.44 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 $2,450. The second greatest value Delaware Trail apartment is the Three Bedroom 1.5 Bath Townhouse 1150 sq ft Model at Estates at Crystal Bay starting at $1,415 with a $1.23 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Townes at Winthrop | 2 Bed, 2.5 Bath, 2 car Garage Townhome | 2BR,2.5BA | $1.44 |
| Estates at Crystal Bay | Three Bedroom 1.5 Bath Townhouse 1150 sq ft | 3BR,1.5BA | $1.23 |
| Edison at Meridian Hills | 2 Bedroom 1 Bath | 2BR,1BA | $1.29 |
| Jade North Apartments | Plan H | 2BR,1.5BA | $1.10 |
| The Grove on Harcourt | 1x1.5 Large Renovated | 1BR,1.5BA | $1.33 |
| Broad Ripple Trails | 2BR-L Rehab Village | 2BR,1BA | $1.39 |
| Park Place Apartments | 1 Bedroom Remodeled | 1BR,1BA | $1.53 |
| Woodlake | One Bedroom Apartment | 1BR,1BA | $1.39 |
| Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $1.35 |
| Monon Walk Apartments | Studio | Studio ,1BA | $1.35 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
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!
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 $973.
What is the price of a cheap apartment in Delaware Trail?
The cheapest apartment in Delaware Trail is Carlton Apartments which is listed at $810, while the average apartment in Delaware Trail costs $1,756.
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 19 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 $168 which is $1,588 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.
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