
Cheap Apartments for Rent in the Edgewood Avenue Neighborhood of Indianapolis, IN from $700 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Edgewood Avenue area of Indianapolis.


Emerson Village

Encore Apartments

Churchman Woods

Sawmill Apartments

Strawbridge Green
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Ninth Avenue Apartments

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Park View at Beech Grove

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Willow Glen South
Edgewood Avenue, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Edgewood Avenue?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Edgewood Avenue Studio Apartments | $1,117 | $750 | $1,360 |
| Edgewood Avenue 1 Bedroom Apartments | $1,194 | $778 | $2,450 |
| Edgewood Avenue 2 Bedroom Apartments | $1,411 | $866 | $2,270 |
| Edgewood Avenue 3 Bedroom Apartments | $1,639 | $1,090 | $2,100 |
| Edgewood Avenue 4 Bedroom Apartments | $1,663 | $1,503 | $1,824 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 3 mile radius of the Edgewood Avenue Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Edgewood Avenue, Indianapolis, IN Local Guide
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Cheapest Available Edgewood Avenue Apartments for Rent
 The cheapest available apartment rental in the Edgewood Avenue area of Indianapolis, IN is a Studio unit found at Heathmoore - Indianapolis priced from $750. Emerson Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $778. Here are the most affordable Edgewood Avenue apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Heathmoore - Indianapolis | Studio 1 Bath | Studio,1BA | $750 |
| Emerson Village | The Cardinal - Premium | 1BR,1BA | $778 |
| Churchman Woods | 1 BEDROOM | 1BR,1BA | $845 |
| Sawmill Apartments | 1 Bed 1 Bath Small | 1BR,1BA | $849 |
| Sherman Village | Garden Apt | 1BR,1BA | $925 |
Best Value Apartments for Rent in Edgewood Avenue, IN
As of November 13, 2025 the best value apartment in the Edgewood Avenue area is the $1.36 price per square foot 3 Bedroom Model at Park View at Beech Grove in the in the Southeast Indianapolis neighborhood starting from $1,627. The second greatest value Edgewood Avenue apartment is the Elm Model at Beech Meadow Apartments starting at $1,099 with a $1.08 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Edgewood Avenue apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Park View at Beech Grove | 3 Bedroom | 3BR,2.5BA | $1.36 |
| Beech Meadow Apartments | Elm | 3BR,1.5BA | $1.08 |
| Emerson Village | The Burgandy - Premium | 2BR,2BA | $1.33 |
| Keeneland Crest Apartments | Camden | 2BR,1BA | $1.36 |
| Latitudes Apartments | The Pendulum 2 BR 2 BA | 2BR,2BA | $1.39 |
| Encore Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.30 |
| Strawbridge Green | Emerson | 2BR,1BA | $1.12 |
| Beech Tree Glen Apartments | 1x1R | 1BR,1BA | $1.22 |
| Sherman Village | Garden Apt | 1BR,1BA | $1.28 |
| Sawmill Apartments | 1 Bed 1 Bath Small | 1BR,1BA | $1.31 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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 LifestyleEdgewood Avenue, Indianapolis, IN
Ranked #98
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Edgewood Avenue, Indianapolis, IN
Bunker Hill Elementary School
Franklin Central High School
Franklin Township Middle School West
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Indianapolis. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, pet-friendly features, family-friendliness, proximity to transit, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Edgewood Avenue Apartments
What is the Cheapest Studio apartment in Edgewood Avenue?
Currently the most affordable Cheap Studio Apartment in Edgewood Avenue is at Heathmoore - Indianapolis listed at $750.
How much is rent for a Cheap One Bedroom Edgewood Avenue Apartment?
The lowest price for a Cheap One Bedroom Edgewood Avenue Apartment is $778 at Emerson Village.
What is the lowest price for a Cheap Two Bedroom Edgewood Avenue Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Edgewood Avenue is starting from $866 at Emerson Village.
What is the most affordable Edgewood Avenue Three Bedroom Apartment?
The best deal on a cheap Edgewood Avenue Three Bedroom Apartment rental is at Beech Meadow Apartments and starts from $1,099.
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.

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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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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Everything is a negotiation in real estate!

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The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.


