Cheap Apartments for Rent in the Delaware Trails South Neighborhood of Indianapolis, IN from $500 (27 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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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Hampshire Court
1 to 2 Bedroom Apartments

Hampshire Court

2455 Rolls DrIndianapolis, IN 46268

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.

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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
Showing Results 1-27, 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 $794. 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 SouthA1S North1BR,1BA$794
Carlton ApartmentsVilla1BR,1BA$800
Reflections ApartmentsReplicaStudio,1BA$824
Turtle CreekStudioStudio,1BA$859
Estates at Crystal BayOne Bedroom One Bath1BR,1BA$865
LandmarkRanierStudio,1BA$870
Lincolnshire Apartments1 Bedroom Garden Level1BR,1BA$875
The Eclipse Apartment HomesThe Cosmo Loft - Classic1BR,1BA$899
Summerwood on Towne Line ApartmentsPoplar1BR,1BA$909
Wellington Square Apartments1BR/1BA1BR,1BA$926

Best Value Apartments for Rent in Delaware Trails South, IN

As of March 13, 2026 the best value apartment in the Delaware Trails South area is the $1.18 price per square foot 7176B1 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 The Newburgh Model at Private Reserve Townhomes starting at $1,379 with a $1.07 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 Meridian7176B12BR,2BA$1.18
Private Reserve TownhomesThe Newburgh2BR,1.5BA$1.07
Edison at Meridian Hills2 Bedroom 1.5 Bath Townhome2BR,1.5BA$1.26
Everly at Meridian HillsIris2BR,1BA$1.15
Jade North ApartmentsPlan E3BR,1.5BA$1.12
Park Place Apartments2 Bedroom Remodeled2BR,1BA$1.37
The Grove on Harcourt1x1,5 Large Renovated1BR,1.5BA$1.22
The Meridian North and SouthA2S North1BR,1BA$1.17
Wellington Square Apartments1BR/1BA1BR,1BA$1.35
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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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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 #95

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

Pet Friendliness Lifestyle Score

4.0
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 $926.

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 $794, while the average apartment in Delaware Trails South costs $1,349.

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 44 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 $125 which is $1,224 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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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.

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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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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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Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.