Cheap Apartments for Rent in the Delaware Trails South Neighborhood of Indianapolis, IN from $500 (40 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Delaware Trails South area of Indianapolis.

Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

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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

Delaware Trails South - 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
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The MK
Studio to 3 Bedroom Apartments

The MK

5858 N College AveIndianapolis, IN 46220
Corporate Housing

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Delaware Trails South, Indianapolis, IN Local Guide

Cheapest Available Delaware Trails South Apartments for Rent

 

The cheapest available apartment rental in the Delaware Trails South area of Indianapolis, IN is a Studio unit found at Turtle Creek - Indianapolis priced from $749. Carlton Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $810. Here are the most affordable Delaware Trails South apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Turtle Creek - IndianapolisS1 ShellStudio,1BA$749
Carlton ApartmentsVilla1BR,1BA$810
Reflections ApartmentsReplicaStudio,1BA$829
Estates at Crystal BayOne Bedroom One Bath1BR,1BA$865
The Meridian North and SouthB4S South2BR,1BA$869
LandmarkS1 RanierStudio,1BA$870
Wellington Square Apartments1BR/1BA1BR,1BA$926
WoodlakeOne Bedroom Apartment1BR,1BA$981
Edison at Meridian Hills1 Bedroom 1.5 Bath1BR,1BA$1,029
The Towers at Crooked Creek Senior Housing1BD1BR,1BA$1,045

Best Value Apartments for Rent in Delaware Trails South, IN

As of July 30, 2026 the best value apartment in the Delaware Trails South area is the $1.32 price per square foot Two Bedroom with Bonus Room (7176B2) Model at Pinnacle on Meridian in the in the Nora neighborhood starting from $2,899. The second greatest value Delaware Trails South 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 Trails South apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pinnacle on MeridianTwo Bedroom with Bonus Room (7176B2)2BR,2BA$1.32
Everly at Meridian HillsOrchid3BR,2BA$1.12
Private Reserve TownhomesThe Newburgh2BR,1.5BA$1.07
The Grove on 79th2x2.5 Apartment - Classic2BR,2.5BA$1.05
Meridian Lakes2Bed/2Ba-Up (H)2BR,2BA$1.25
Edison at Meridian Hills2 Bedroom 1 Bath2BR,1BA$1.29
Jade North ApartmentsPlan H2BR,1.5BA$1.10
Lakeshore Reserve Off 86th Apartments and TownhomesTwo Bedroom 2 Bath2BR,2BA$1.31
The Grove on Harcourt1x1.5 Large Renovated1BR,1.5BA$1.33
Estates at Crystal BayOne Bedroom One Bath1BR,1BA$1.33

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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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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Pet Friendly Lifestyle
Delaware Trails South, Indianapolis, IN

Ranked #105

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Indianapolis. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, features that make it easier to raise kids, raising pets, transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Delaware Trails South Apartments

What is the Cheapest Studio apartment in Delaware Trails South?

Currently the most affordable Cheap Studio Apartment in Delaware Trails South is at Turtle Creek - Indianapolis listed at $749.

How much is rent for a Cheap One Bedroom Delaware Trails South Apartment?

The lowest price for a Cheap One Bedroom Delaware Trails South Apartment is $810 at Carlton Apartments.

What is the lowest price for a Cheap Two Bedroom Delaware Trails South Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Delaware Trails South is starting from $869 at The Meridian North and South.

What is the most affordable Delaware Trails South Three Bedroom Apartment?

The best deal on a cheap Delaware Trails South Three Bedroom Apartment rental is at Estates at Crystal Bay and starts from $1,299.

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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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.

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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.

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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.

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis

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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

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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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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.

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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.