Cheap Homes for Rent in Delaware Trail Neighborhood of Indianapolis, IN from $1,200 (7 Rentals)

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Search the lowest-cost Homes available for rent right now in the Delaware Trail area of Indianapolis.

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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 $704. Broad Ripple Trails has the second lowest priced unit, which is a Studio apartment currently listed from $839. Here are the most affordable Delaware Trail apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Meridian North and SouthA4S South1BR,1BA$704
Broad Ripple TrailsSTUD-SStudio,1BA$839
Wellington Square Apartments1BR/1BA1BR,1BA$842

Best Value Apartments for Rent in Delaware Trail, IN

As of December 19, 2025 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Townes at Winthrop2 Bed, 2.5 Bath, 2 car Garage Townhome2BR,2.5BA$1.19
Everly at Meridian HillsIris2BR,1BA$1.15
Edgewater Apartments2 Bedroom2BR,2BA$1.40
The Grove on 79th1 Bed 1.5 Bath Apartment - Renovated1BR,1.5BA$1.20
The Grove on Harcourt1 Bed 1.5 Bath Large Apartment - Renovated1BR,1.5BA$1.14
The Pines at SoBro2x1 Large - Renovated2BR,1BA$1.42
Broad Ripple FlatsUpgraded 1, 2 and 2.15 bath apartments2BR,1BA$1.38
The Meridian North and SouthA1R North1BR,1BA$1.35
Estates at Crystal BayOne Bedroom One Bath1BR,1BA$1.46
Jade North ApartmentsPlan FStudio ,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 $5,274. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Delaware Trail ranging from $1,200 to $2,120.

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 $2,120 with an average monthly rent of $1,821.

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.

Articles, How-To's, and Tips

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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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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!