
Cheap Homes for Rent in Delaware Trail Neighborhood of Indianapolis, IN from $1,200 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Delaware Trail area of Indianapolis.


945 Fox Hill Dr
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7580 Sycamore Grove Ct
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6503 Park Central Way
Delaware Trail, Indianapolis, IN Local Guide

How much does it cost to rent a home in Delaware Trail?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Delaware Trail 2 Bedroom Homes for Rent | $1,225 | $1,200 | $1,250 |
| Delaware Trail 3 Bedroom Homes for Rent | $2,036 | $1,825 | $2,300 |
| Delaware Trail 4 Bedroom Homes for Rent | $2,120 | $2,120 | $2,120 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Delaware Trail Neighborhood of Indianapolis, IN.
Explore Indianapolis
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 $699. The Pines at SoBro has the second lowest priced unit, which is a Studio apartment currently listed from $729. 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 | $699 |
| The Pines at SoBro | Studio Apartment - Classic | Studio,1BA | $729 |
| Broad Ripple Trails | STUD-S | Studio,1BA | $839 |
Best Value Apartments for Rent in Delaware Trail, IN
As of January 04, 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 Iris Model at Everly at Meridian Hills starting at $1,379 with a $1.15 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 | $1.19 |
| Everly at Meridian Hills | Iris | 2BR,1BA | $1.15 |
| Edison at Meridian Hills | 2 Bedroom 1 Bath | 2BR,1BA | $1.25 |
| Edgewater Apartments | 2 Bedroom | 2BR,2BA | $1.47 |
| The Grove on 79th | 1x1,5 Townhome Renovated | 1BR,1.5BA | $1.20 |
| The Grove on Harcourt | 1x1,5 Large Renovated | 1BR,1.5BA | $1.14 |
| Broad Ripple Flats | Upgraded 1, 2 and 2.15 bath apartments | 2BR,1BA | $1.38 |
| The Meridian North and South | A1P North | 1BR,1BA | $1.43 |
| Estates at Crystal Bay | One Bedroom One Bath | 1BR,1BA | $1.46 |
| Jade North Apartments | Plan F | Studio ,1BA | $1.45 |
Frequently Asked Questions about Delaware Trail
What type of rentals are currently available in Delaware Trail?
There are currently 41 Apartments for Rent in Delaware Trail, IN with pricing that ranges from $695 to $5,350. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Delaware Trail ranging from $1,200 to $2,300.
What is the current price range for Rental Homes in Delaware Trail?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Delaware Trail ranges from $1,200 to $2,300 with an average monthly rent of $1,793.
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

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.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
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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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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.
Articles, How-To's, and Tips

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

Apartment Common Area Rules: What Renters Need to Know
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Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
