Cheap Apartments for Rent in the Delaware Trails South Neighborhood of Indianapolis, IN from $500 (28 Rentals)

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

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Hampshire Court
1 to 2 Bedroom Apartments

Hampshire Court

2455 Rolls DrIndianapolis, IN 46268
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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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The Jameson
1 to 2 Bedroom Apartments

The Jameson

1854 Century WayIndianapolis, IN 46260

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Showing Results 1-28, Page 1 of 1

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 1 Bed unit found at The Meridian North and South priced from $699. Carlton Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Delaware Trails South apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Meridian North and SouthA2S South1BR,1BA$699
Carlton ApartmentsVilla1BR,1BA$800
Wellington Square Apartments1BR/1BA1BR,1BA$842
Reflections ApartmentsExpressionsStudio,1BA$844
Turtle CreekStudioStudio,1BA$859
Lincolnshire ApartmentsStudio Upper Levels1BR,1BA$875
Estates at Crystal BayTwo Bedroom 1.5 Bath Townhouse 1000 sq ft2BR,1BA$880
Jade North ApartmentsPlan FStudio,1BA$900
LandmarkRanierStudio,1BA$900
Meridian Lakes1Bed/1Ba-Up (A)1BR,1BA$940

Best Value Apartments for Rent in Delaware Trails South, IN

As of January 25, 2026 the best value apartment in the Delaware Trails South area is the $1.18 price per square foot Two Bedroom with Bonus Room (7176B2) Model at Pinnacle on Meridian in the in the Nora neighborhood starting from $2,599. The second greatest value Delaware Trails South apartment is the Three Bedroom 1.5 Bath Townhouse 1300 sq ft Model at Estates at Crystal Bay starting at $1,495 with a $1.15 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$1.18
Estates at Crystal BayThree Bedroom 1.5 Bath Townhouse 1300 sq ft3BR,1.5BA$1.15
Private Reserve TownhomesThe Newburgh2BR,1.5BA$1.07
Everly at Meridian HillsIris2BR,1BA$1.15
Park 66 FlatsPalmer2BR,2BA$1.38
Edison at Meridian Hills2 Bedroom 1 Bath2BR,1BA$1.25
The Grove on 79th1x1,5 Townhome Renovated1BR,1.5BA$1.20
Park Place Apartments2 Bedroom Remodeled2BR,1BA$1.37
The Grove on Harcourt1x1,5 Upgrade1BR,1.5BA$1.16
The Meridian North and SouthA2S South1BR,1BA$1.24

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

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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 #80

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 a cheap apartment in Delaware Trails South?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Delaware Trails South is under $940.

What is the price of a cheap apartment in Delaware Trails South?

The cheapest apartment in Delaware Trails South is The Meridian North and South which is listed at $699, while the average apartment in Delaware Trails South costs $1,415.

What types of apartments are the cheapest in Delaware Trails South?

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 46 regular apartments in Delaware Trails South 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 Trails South?

Cheap apartments in Delaware Trails South have an average cost of $174 which is $1,241 cheaper than the average rent for all rentals in Delaware Trails South.

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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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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