
Cheap Homes for Rent in Delaware Trails South Neighborhood of Indianapolis, IN from $1,200 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Delaware Trails South area of Indianapolis.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

73 W Westfield Blvd
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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.
Delaware Trails South, Indianapolis, IN Local Guide

How much does it cost to rent a home in Delaware Trails South?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Delaware Trails South 2 Bedroom Homes for Rent | $1,514 | $1,250 | $1,650 |
| Delaware Trails South 3 Bedroom Homes for Rent | $2,015 | $1,610 | $2,290 |
| Delaware Trails South 4 Bedroom Homes for Rent | $2,282 | $1,700 | $2,690 |
Browse Homes for Rent in this Neighborhood
There are currently 2 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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Best Value Apartments for Rent in Delaware Trails South, IN
As of April 24, 2026 the best value apartment in the Delaware Trails South area is the $1.07 price per square foot The Newburgh Model at Private Reserve Townhomes in the in the Spring Arbor neighborhood starting from $1,379. The second greatest value Delaware Trails South apartment is the Iris Model at Everly at Meridian Hills starting at $1,509 with a $1.26 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. |
|---|---|---|---|
| Private Reserve Townhomes | The Newburgh | 2BR,1.5BA | $1.07 |
| Everly at Meridian Hills | Iris | 2BR,1BA | $1.26 |
| Estates at Crystal Bay | Three Bedroom 1.5 Bath Townhouse 1150 sq ft | 3BR,1.5BA | $1.00 |
| Jade North Apartments | Plan E | 3BR,1.5BA | $1.12 |
| Edison at Meridian Hills | 2 Bedroom 1 Bath | 2BR,1BA | $1.29 |
| Lakeshore Reserve Off 86th Apartments and Townhomes | Two Bedroom 2 Bath | 2BR,2BA | $1.34 |
| Park Place Apartments | 2 Bedroom Remodeled | 2BR,1BA | $1.37 |
| The Eclipse Apartment Homes | The Galexia w/ Den - Upgraded | 1BR,1BA | $1.29 |
| Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $1.35 |
| The Meridian North and South | A2S South | 1BR,1BA | $1.38 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleYour 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
Read ArticleQuick 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.
Pet Friendly LifestyleDelaware Trails South, Indianapolis, IN
Ranked #109
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Delaware Trails South
What type of rentals are currently available in Delaware Trails South?
There are currently 54 Apartments for Rent in Delaware Trails South, IN with pricing that ranges from $715 to $3,195. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Delaware Trails South ranging from $1,250 to $2,690.
What is the current price range for Rental Homes in Delaware Trails South?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Delaware Trails South ranges from $1,250 to $2,690 with an average monthly rent of $1,937.
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

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.

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.

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.

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.
Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.