
Cheap Apartments for Rent in the Delaware Trails South Neighborhood of Indianapolis, IN from $500 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the Delaware Trails South area of Indianapolis.


Carlton Apartments

Wellington Square Apartments

Reflections Apartments

Lincolnshire Broad Ripple

Jade North Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Landmark

Meridian Lakes

7988 N Michigan Rd

The Eclipse

Grove on 79th
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

The Towers at Crooked Creek Senior Housing

Estates at Crystal Bay

Grove on Harcourt

The Manning Apartment Homes

Edison at Meridian Hills
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

The Villages of Bent Tree Apartments

Summerwood on Towne Line Apartments

Lakeshore Reserve Off 86th Apartments and Townhomes

Broad Ripple Flats
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Delaware Trails South, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Delaware Trails South?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Delaware Trails South Studio Apartments | $1,375 | $769 | $2,320 |
Delaware Trails South 1 Bedroom Apartments | $1,431 | $769 | $2,781 |
Delaware Trails South 2 Bedroom Apartments | $1,550 | $844 | $3,595 |
Delaware Trails South 3 Bedroom Apartments | $1,604 | $1,015 | $6,488 |
Browse Apartments in this Neighborhood
There are currently 26 rentals with your search options within a 2 mile radius of the Delaware Trails South Neighborhood of Indianapolis, IN.
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Delaware Trails South, Indianapolis, IN Local Guide
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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 $769. Carlton Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $785. Here are the most affordable Delaware Trails South apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Meridian North and South | A1S North | 1BR,1BA | $769 |
Carlton Apartments | Villa | 1BR,1BA | $785 |
Turtle Creek | Studio 3rd | Studio,1BA | $817 |
Landmark | Ranier | Studio,1BA | $925 |
Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $926 |
Jade North Apartments | Plan G | 1BR,1BA | $950 |
Woodlake | One Bedroom Apartment | 1BR,1BA | $964 |
The Eclipse | Phoenix | 1BR,1BA | $975 |
Grove on 79th | 1 Bed 1 Bath Apartment - Upgraded | 1BR,1BA | $980 |
The Towers at Crooked Creek Senior Housing | 1BD | 1BR,1BA | $1,008 |
Best Value Apartments for Rent in Delaware Trails South, IN
As of July 14, 2025 the best value apartment in the Delaware Trails South area is the $1.08 price per square foot Two Bedroom with Bonus Room (7176B2) Model at Pinnacle on Meridian in the in the Nora neighborhood starting from $2,375. The second greatest value Delaware Trails South apartment is the Orchid Model at Everly at Meridian Hills starting at $1,779 with a $1.07 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Pinnacle on Meridian | Two Bedroom with Bonus Room (7176B2) | 2BR,2BA | $1.08 |
Everly at Meridian Hills | Orchid | 3BR,2BA | $1.07 |
Private Reserve Townhomes | The Newburgh | 2BR,1.5BA | $1.07 |
Edison at Meridian Hills | 2 Bedroom 1.5 Bath Townhome | 2BR,1.5BA | $1.28 |
Woodlake | Three Bedroom Townhome | 3BR,1.5BA | $1.43 |
Estates at Crystal Bay | Three Bedroom 1.5 Bath Townhouse 1150 sq ft | 3BR,1.5BA | $0.88 |
Grove on Harcourt | 1 Bed 1.5 Bath Large Apartment | 1BR,1.5BA | $1.22 |
The Villages of Bent Tree Apartments | The Willow - 2 Bedroom 1 Bath | 2BR,1BA | $1.51 |
Jade North Apartments | Plan G | 1BR,1BA | $1.29 |
Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $1.35 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleDelaware Trails South, Indianapolis, IN
Ranked #84
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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 $1,008.
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 $769, while the average apartment in Delaware Trails South costs $1,441.
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 14 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 $129 which is $1,312 cheaper than the average rent for all rentals in Delaware Trails South.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.