close
View Me
from $8451 to 2 Bedroom Apartments Available Now
Churchman Woods
5350 Churchman AveIndianapolis, IN 46203
Cheap Apartments for Rent in the Edgewood Avenue Neighborhood of Indianapolis, IN from $700 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Edgewood Avenue area of Indianapolis.
close
View Me
Rent Specials
from $8491 to 2 Bedroom Apartments Available Now
Sawmill Apartments
3708 Lickridge Lane DrIndianapolis, IN 46237
close
View Me
from $8911 to 4 Bedroom Apartments Contact Us For Availability
Park View at Beech Grove
3641 Dandelion AveIndianapolis, IN 46203
close
View Me
Rent Specials
from $9251 to 3 Bedroom Apartments Available Jul 1
Sherman Village
4603 S Sherman DrIndianapolis, IN 46237
close
View Me
from $931Studio to 3 Bedroom Apartments Available Now
Ninth Avenue Apartments
4651 Mimi DrIndianapolis, IN 46237
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.
close
View Me
from $9552 to 3 Bedroom Apartments Available Now
Strawbridge Green
4649 Strawbridge StIndianapolis, IN 46237
close
View Me
from $1,0241 to 2 Bedroom Apartments Available Now
Keeneland Crest Apartments
8401 Boggs Creek DrIndianapolis, IN 46237
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.
close
View Me
from $1,0241 to 3 Bedroom Apartments Available Now
Overlook at Valley Ridge Apartments
6810 Valley Ridge DrIndianapolis, IN 46237
close
View Me
from $1,0981 to 2 Bedroom Apartments Available Now
Emerson Village
5140 Emerson Village PlIndianapolis, IN 46237
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
from $9371 to 4 Bedroom Apartments Available Now
Beech Meadow Apartments
147 Diplomat CtBeech Grove, IN 46107
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.
close
View Me
from $1,0141 to 3 Bedroom Apartments Available Now
Willow Glen South
4880 Willow Glen DrBeech Grove, IN 46107
close
View Me
from $1,0742 Bedroom Apartments Available Jun 13
Beech Tree Glen Apartments
240 Grovewood PlBeech Grove, IN 46107
Showing Results 1-16, Page 1 of 1
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 | $1,348 | $931 | $1,769 |
| Edgewood Avenue 1 Bedroom Apartments | $1,296 | $845 | $2,916 |
| Edgewood Avenue 2 Bedroom Apartments | $1,482 | $945 | $3,042 |
| Edgewood Avenue 3 Bedroom Apartments | $1,837 | $1,035 | $4,400 |
| Edgewood Avenue 4 Bedroom Apartments | $2,104 | $1,485 | $2,940 |
Browse Apartments in this Neighborhood
There are currently 16 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
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Edgewood Avenue Apartments for Rent
The cheapest available apartment rental in the Edgewood Avenue area of Indianapolis, IN is a 1 Bed unit found at Beech Meadow Apartments priced from $937. Churchman Woods has the second lowest priced unit, which is a 2 Beds apartment currently listed from $945. Here are the most affordable Edgewood Avenue apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Beech Meadow Apartments | Birch | 1BR,1BA | $937 |
| Churchman Woods | 2 BEDROOM | 2BR,1BA | $945 |
| Sawmill Apartments | 2 Bed 1 Bath Large | 2BR,1BA | $969 |
| Overlook at Valley Ridge Apartments | A2 - Napa | 1BR,1BA | $1,013 |
| Strawbridge Green | Lindberg | 3BR,1BA | $1,035 |
Best Value Apartments for Rent in Edgewood Avenue, IN
As of June 09, 2025 the best value apartment in the Edgewood Avenue area is the $1.27 price per square foot 3 Bedroom 2.5 Bath Townhome Model at Coventry Park Village in the in the Southeast Indianapolis neighborhood starting from $2,095. The second greatest value Edgewood Avenue apartment is the Haydenwood Model at Redwood Indianapolis starting at $1,749 with a $1.30 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. |
|---|---|---|---|
| Coventry Park Village | 3 Bedroom 2.5 Bath Townhome | 3BR,2.5BA | $1.27 |
| Redwood Indianapolis | Haydenwood | 2BR,2BA | $1.30 |
| The 85Twenty | C1-SR | 3BR,2BA | $1.48 |
| Keeneland Crest Apartments | Victorian | 2BR,2BA | $1.17 |
| Sawmill Apartments | 2 Bed 1 Bath Large | 2BR,1BA | $1.02 |
| The Brixton | The Saxby | 2BR,1BA | $1.42 |
| Strawbridge Green | Emerson | 2BR,1BA | $1.30 |
| Beech Meadow Apartments | Hickory | 2BR,1BA | $1.33 |
| Overlook at Valley Ridge Apartments | A3 - Hudson | 1BR,1BA | $1.46 |
| Churchman Woods | 2 BEDROOM | 2BR,1BA | $1.30 |
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.
Let everyone know!
Do you know the Edgewood Avenue area?
If you’re an expert on all things Edgewood Avenue, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleEdgewood Avenue, Indianapolis, IN
Ranked #38
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Edgewood Avenue, Indianapolis, IN
Bunker Hill Elementary School
Franklin Township Com Sch Corp
Public School - Grades K-3 (501)
4 out of 10
Franklin Central High School
Franklin Township Com Sch Corp
Public School - Grades 9-12 (3319)
7 out of 10
Franklin Township Middle School West
Franklin Township Com Sch Corp
Public School - Grades 6-8 (957)
6 out of 10
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 a cheap apartment in Edgewood Avenue?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Edgewood Avenue is under $1,200.
What is the price of a cheap apartment in Edgewood Avenue?
The cheapest apartment in Edgewood Avenue is Beech Meadow Apartments which is listed at $937, while the average apartment in Edgewood Avenue costs $2,095.
What types of apartments are the cheapest in Edgewood Avenue?
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 1 regular apartments in Edgewood Avenue 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 Edgewood Avenue?
Cheap apartments in Edgewood Avenue have an average cost of $281 which is $1,814 cheaper than the average rent for all rentals in Edgewood Avenue.
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.
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.
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.