
Cheap Apartments for Rent in the Delaware Trail Neighborhood of Indianapolis, IN from $700 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Delaware Trail area of Indianapolis.


Carlton Apartments
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The Meridian North and South

Reflections Apartments

Highland Pointe

Meridian Lakes
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1252 W 73rd St

The Manning Apartment Homes
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 | $1,099 | $844 | $1,695 |
Delaware Trail 1 Bedroom Apartments | $1,070 | $785 | $1,995 |
Delaware Trail 2 Bedroom Apartments | $1,319 | $884 | $3,695 |
Delaware Trail 3 Bedroom Apartments | $1,563 | $1,079 | $2,397 |
Browse Apartments in this Neighborhood
There are currently 10 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 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Meridian North and South | A2S South | 1BR,1BA | $839 |
Highland Pointe | Pine | 1BR,1BA | $900 |
The Eclipse | Phoenix | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Everly at Meridian Hills | Orchid | 3BR,2BA | $1.07 |
Edison at Meridian Hills | 2 Bedroom 1 Bath | 2BR,1BA | $1.43 |
Woodlake | Two Bedroom Apartment Large | 2BR,1BA | $1.51 |
Reflections Apartments | Images | 1BR,1BA | $1.54 |
Park Place Apartments | 1 Bedroom Remodeled | 1BR,1BA | $1.53 |
Highland Pointe | Pine Premium | 1BR,1BA | $1.42 |
The Eclipse | Cosmo - Loft - Renovated | 1BR,1BA | $1.75 |
The Manning Apartment Homes | Studio | Studio ,1BA | $2.14 |
The Meridian North and South | A1P | 1BR,1BA | $2.04 |
Meridian Lakes | 1Bed/1Ba-Dn (B) | 1BR,1BA | $2.08 |
Quick Rent Budget Calculator
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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 $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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