
Cheap Homes for Rent in the Delaware Trail Neighborhood of Indianapolis, IN from $900 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Delaware Trail area of Indianapolis.

Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

5820 Grandview Dr
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

945 Fox Hill Dr
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 | $1,228 | $950 | $1,650 |
| Delaware Trail 4 Bedroom Homes for Rent | $2,400 | $2,400 | $2,400 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Delaware Trail Neighborhood of Indianapolis, IN.
Explore Indianapolis
Best Value Apartments for Rent in Delaware Trail, IN
As of August 08, 2026 the best value apartment in the Delaware Trail area is the $1.44 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 Orchid Model at Everly at Meridian Hills starting at $1,859 with a $1.12 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 | $1.44 |
| Everly at Meridian Hills | Orchid | 3BR,2BA | $1.12 |
| Private Reserve Townhomes | The Newburgh | 2BR,1.5BA | $1.07 |
| Edison at Meridian Hills | 2 Bedroom 1 Bath | 2BR,1BA | $1.29 |
| Jade North Apartments | Plan H | 2BR,1.5BA | $1.10 |
| Park Place Apartments | 2 Bedroom Remodeled | 2BR,1BA | $1.26 |
| Reflections Apartments | Mirage | 2BR,1.5BA | $1.29 |
| The Grove on Harcourt | 1x1.5 Large Renovated | 1BR,1.5BA | $1.34 |
| Broad Ripple Trails | 2BR-L Rehab Village | 2BR,1BA | $1.33 |
| Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $1.35 |
Frequently Asked Questions about Delaware Trail
What type of rentals are currently available in Delaware Trail?
There are currently 84 Apartments for Rent in Delaware Trail, IN with pricing that ranges from $724 to $5,283. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Delaware Trail ranging from $950 to $2,400.
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 $950 to $2,400 with an average monthly rent of $1,462.
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

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

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

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.