Cheap Apartments for Rent in the Delaware Trail Neighborhood of Indianapolis, IN from $587 (30 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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Shore Acres
Studio to 3 Bedroom Apartments

Shore Acres

1105 Westfield Ct WIndianapolis, IN 46240

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

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Hampshire Court
1 to 2 Bedroom Apartments

Hampshire Court

2455 Rolls DrIndianapolis, IN 46268
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Dogwood Glen
Studio to 2 Bedroom Apartments

Dogwood Glen

2390 Woodglen DrIndianapolis, IN 46260
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The Meridian North
1 to 3 Bedroom Apartments

The Meridian North

2100 Westlane RdIndianapolis, IN 46260
Corporate Housing
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Reflections Apartments
Studio to 3 Bedroom Apartments

Reflections Apartments

7999 Silverleaf DrIndianapolis, IN 46260
Corporate Housing
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4901 N Washington Blvd
1 Bedroom Apartments

4901 N Washington Blvd

4901 N Washington BlvdIndianapolis, IN 46205
  • Utilities Included

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!

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The Jameson
1 to 2 Bedroom Apartments

The Jameson

1854 Century WayIndianapolis, IN 46260
Showing Results 1-30, 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 $734. 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 ListingModel NameBed/BathPriced From
The Meridian North and SouthA7S South1BR,1BA$734
Carlton ApartmentsVilla1BR,1BA$810
Dogwood Glen1 Bed 1 Bath1BR,1BA$855
Turtle CreekA1 Hickory1BR,1BA$859
Broad Ripple Trails1BR-L Commons1BR,1BA$899
Carrollton Manor Apartments1 Bed 1 Bath Unfurnished1BR,1BA$900
Wellington Square Apartments1BR/1BA1BR,1BA$926
Forest Ridge1 Bed, 1 Bath1BR,1BA$929
The Pines at SoBro1x1 - Classic1BR,1BA$949
Meridian Lakes1Bed/1Ba-Dn (A)1BR,1BA$960

Best Value Apartments for Rent in Delaware Trail, IN

As of September 09, 2026 the best value apartment in the Delaware Trail area is the $1.36 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 612 E 46th St Model at 612 E 46th St, Unit 612 E 46th Street starting at $1,800 with a $1.29 price per square foot in the Keystone-Monon 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$1.36
612 E 46th St, Unit 612 E 46th Street612 E 46th St2BR,1BA$1.29
Reflections ApartmentsRenderings I2BR,1.5BA$1.27
Forest Ridge2 Bed, 2 Bath2BR,2BA$1.21
Edison at Meridian Hills2 Bedroom 1 Bath2BR,1BA$1.29
Jade North ApartmentsPlan H2BR,1.5BA$1.10
Broad Ripple Flats2x1.52BR,1.5BA$1.23
The Grove on Harcourt1x1.5 Large Renovated1BR,1.5BA$1.33
Broad Ripple Trails1BR-U Village1BR,1BA$1.33
Wellington Square Apartments1BR/1BA1BR,1BA$1.35

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

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.

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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!

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 $960.

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 $734, while the average apartment in Delaware Trail costs $1,170.

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 22 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 $141 which is $1,029 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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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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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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Articles, How-To's, and Tips

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