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

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

close
View Me
Hampshire Court
1 to 2 Bedroom Apartments

Hampshire Court

2455 Rolls DrIndianapolis, IN 46268
close
View Me
Turtle Creek
Studio to 2 Bedroom Apartments

Turtle Creek

8253 Harcourt RdIndianapolis, IN 46260
  • Utilities Included
close
View Me
Grove on 79th
1 to 3 Bedroom Apartments

Grove on 79th

2000 W 79th StIndianapolis, IN 46260
close
View Me
The Jameson
1 to 2 Bedroom Apartments

The Jameson

1854 Century WayIndianapolis, IN 46260

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!

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 3 Beds unit found at Grove on Harcourt priced from $798. Turtle Creek has the second lowest priced unit, which is a Studio apartment currently listed from $817. Here are the most affordable Delaware Trails South apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Grove on Harcourt3 Bed 2 Bath Apartment - Upgraded3BR,2BA$798
Turtle CreekStudioStudio,1BA$817
The Meridian North and SouthA1S North1BR,1BA$829
Lincolnshire Broad Ripple1 Bedroom Garden Level1BR,1BA$875
Wellington Square Apartments1BR/1BA1BR,1BA$926
The EclipsePhoenix1BR,1BA$935
Jade North ApartmentsPlan G1BR,1BA$950
Estates at Crystal BayOne Bedroom One Bath1BR,1BA$990
Meridian Lakes1Bed/1Ba-Dn (B)1BR,1BA$990
The Towers at Crooked Creek Senior Housing1BD1BR,1BA$1,008

Best Value Apartments for Rent in Delaware Trails South, IN

As of May 29, 2025 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 Three Bedroom 2.5 Bath Townhome Model at Lakeshore Reserve Off 86th Apartments and Townhomes starting at $1,765 with a $1.31 price per square foot in the Spring Arbor 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
Lakeshore Reserve Off 86th Apartments and TownhomesThree Bedroom 2.5 Bath Townhome3BR,2.5BA$1.31
Private Reserve TownhomesThe Newburgh2BR,1.5BA$1.07
Everly at Meridian HillsIris2BR,1BA$1.15
Grove on Harcourt2 Bed 2 Bath Apartment - Renovated2BR,2BA$1.19
Estates at Crystal BayTwo Bedroom 1.5 Bath Townhouse 1000 sq ft2BR,1.5BA$1.23
Grove on 79th1 Bed 1.5 Bath Apartment - Renovated1BR,1.5BA$1.10
Edgewater Apartments1 Bedroom1BR,1BA$1.33
Jade North ApartmentsPlan G1BR,1BA$1.29
Wellington Square Apartments1BR/1BA1BR,1BA$1.35

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Delaware Trails South, Indianapolis, IN

Ranked #57

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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 $829, while the average apartment in Delaware Trails South costs $1,985.

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 12 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 $150 which is $1,835 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.

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

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.