3741 Lima Ct
IndianapolisIN46227
Cheap Homes for Rent in Edgewood Avenue Neighborhood of Indianapolis, IN from $1,400 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Edgewood Avenue area of Indianapolis.
4127 S Post Rd
IndianapolisIN46239
5334 Padre Ln
IndianapolisIN46237
3416 Montgomery Dr
IndianapolisIN46227
3536 Valley Lake Dr
IndianapolisIN46227
3546 Valley Lake Dr
IndianapolisIN46227
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.
7939 Wildwood Farms Ln
IndianapolisIN46239
3718 Laurel Cherry Ln
IndianapolisIN46239
5739 Ensenada Ave
IndianapolisIN46237
416 Ada Ln
Beech GroveIN46107
8631 Pleasant Creek Ct
IndianapolisIN46227
3624 Fredricksburg Dr
IndianapolisIN46227
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.
Showing Results 1-12, Page 1 of 1
Edgewood Avenue, Indianapolis, IN Local Guide
How much does it cost to rent a home in Edgewood Avenue?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Edgewood Avenue 2 Bedroom Homes for Rent | $1,450 | $1,450 | $1,450 |
| Edgewood Avenue 3 Bedroom Homes for Rent | $1,950 | $1,585 | $4,500 |
| Edgewood Avenue 4 Bedroom Homes for Rent | $2,656 | $1,695 | $4,950 |
| Edgewood Avenue 5 Bedroom Homes for Rent | $2,325 | $2,050 | $2,600 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 3 mile radius of the Edgewood Avenue Neighborhood of Indianapolis, IN.
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Edgewood Avenue, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
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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 1 Bed unit found at Sawmill Apartments priced from $849. Beech Meadow Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $868. Here are the most affordable Edgewood Avenue apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sawmill Apartments | 1 Bed 1 Bath Small | 1BR,1BA | $849 |
| Beech Meadow Apartments | Birch | 1BR,1BA | $868 |
| Emerson Village | The Cardinal - Premium | 1BR,1BA | $871 |
| Ninth Avenue Apartments | The Saffron | Studio,1BA | $899 |
| Sherman Village | Garden Apt | 1BR,1BA | $925 |
Best Value Apartments for Rent in Edgewood Avenue, IN
As of June 10, 2026 the best value apartment in the Edgewood Avenue area is the $1.42 price per square foot 2 Bedroom 2.5 Bath Townhome Model at Coventry Park Village in the in the Southeast Indianapolis neighborhood starting from $1,899. The second greatest value Edgewood Avenue apartment is the 3 Bedroom Model at Park View at Beech Grove starting at $1,627 with a $1.36 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 | 2 Bedroom 2.5 Bath Townhome | 2BR,2.5BA | $1.42 |
| Park View at Beech Grove | 3 Bedroom | 3BR,2.5BA | $1.36 |
| Lakes of Windsor | Churchill | 2BR,2BA | $1.39 |
| Keeneland Crest Apartments | Camden | 2BR,1BA | $1.34 |
| Encore Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.30 |
| Beech Tree Glen | 2x1R | 2BR,1BA | $1.19 |
| Beech Meadow Apartments | Birch | 1BR,1BA | $1.16 |
| Sherman Village | Garden Apt | 1BR,1BA | $1.28 |
| Sawmill Apartments | 1 Bed 1 Bath Small | 1BR,1BA | $1.31 |
| Emerson Village | The Cardinal - Premium | 1BR,1BA | $1.42 |
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.
Read Article
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
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
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Best Local Schools in Edgewood Avenue, Indianapolis, IN
Bunker Hill Elementary School
Franklin Township Com Sch Corp
Public School - Grades K-5 (501)
5 out of 10
Franklin Central High School
Franklin Township Com Sch Corp
Public School - Grades 9-12 (3319)
9 out of 10
Franklin Township Middle School West
Franklin Township Com Sch Corp
Public School - Grades 6-8 (924)
6 out of 10
School data provided by Great Schools
Frequently Asked Questions about Edgewood Avenue
What type of rentals are currently available in Edgewood Avenue?
There are currently 40 Apartments for Rent in Edgewood Avenue, IN with pricing that ranges from $805 to $5,855. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Edgewood Avenue ranging from $1,450 to $4,950.
What is the current price range for Rental Homes in Edgewood Avenue?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Edgewood Avenue ranges from $1,450 to $4,950 with an average monthly rent of $2,095.
How much are larger Three and Four Bedroom Rentals in Edgewood Avenue?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Edgewood Avenue range from $1,025 to $5,321, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,585 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,695 and Four Bedroom Apartments start at $1,503.
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
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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
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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
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.