Cheap Apartments for Rent in the Delaware Trail Neighborhood of Indianapolis, IN from $600 (29 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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Showing Results 1-29, 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 1 Bed unit found at The Meridian North and South priced from $794. Carlton Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Delaware Trail apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Meridian North and SouthA1S North1BR,1BA$794
Carlton ApartmentsVilla1BR,1BA$800
Broad Ripple TrailsSTUD-SStudio,1BA$819
Reflections ApartmentsReplicaStudio,1BA$824
Turtle CreekStudioStudio,1BA$859
Estates at Crystal BayOne Bedroom One Bath1BR,1BA$865
LandmarkRanierStudio,1BA$870
Lincolnshire Apartments1 Bedroom Garden Level1BR,1BA$875
Carrollton Manor Apartments1 Bed 1 Bath1BR,1BA$900
4901 N Washington Blvd1 Bed 1 Bath1BR,1BA$900

Best Value Apartments for Rent in Delaware Trail, IN

As of March 12, 2026 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 2 Bedroom 1.5 Bath Townhome Model at Edison at Meridian Hills starting at $1,579 with a $1.26 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
Edison at Meridian Hills2 Bedroom 1.5 Bath Townhome2BR,1.5BA$1.26
Everly at Meridian HillsIris2BR,1BA$1.15
Jade North ApartmentsPlan E3BR,1.5BA$1.12
Park Place Apartments2 Bedroom Remodeled2BR,1BA$1.37
The Grove on Harcourt1x1,5 Classic1BR,1.5BA$1.12
Carrollton Manor Apartments1 Bed 1 Bath1BR,1BA$1.20
The Meridian North and SouthA2S North1BR,1BA$1.17
Wellington Square Apartments1BR/1BA1BR,1BA$1.35
Estates at Crystal BayOne Bedroom One Bath1BR,1BA$1.33

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

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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!

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 $900.

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 $794, 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 $126 which is $4,281 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.

Helpful Local Expert Guides

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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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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.

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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.

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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.