
Cheap 2 Bedroom Apartments for Rent in the Edgewood Neighborhood of Indianapolis, IN from $839 (17 Rentals)


Strawbridge Green

Brookwood Apartments

Buckridge at Southport

Sawmill Apartments
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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.

Martinique Terrace

Sherman Village

Fox Club

Parc Bordeaux Apartments

Crossroads at Southgreen
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Stone Lake

Markwood Terrace Apartments

615 E Thompson Rd

Crossroads at Madison

South & Madison
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Windsor Court

5048 Hardegan St
Edgewood, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Edgewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Edgewood Studio Apartments | $1,064 | $765 | $1,325 |
| Edgewood 1 Bedroom Apartments | $1,086 | $849 | $1,650 |
Edgewood 2 Bedroom Apartments | $1,257 | $839 | $1,899 |
| Edgewood 3 Bedroom Apartments | $1,486 | $1,045 | $2,200 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Edgewood Neighborhood of Indianapolis, IN.
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Frequently Asked Questions about Cheap Edgewood Apartments
What is a cheap apartment in Edgewood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Edgewood is under $900.
What is the price of a cheap apartment in Edgewood?
The cheapest apartment in Edgewood is Capital Place which is listed at $839, while the average apartment in Edgewood costs $1,499.
What types of apartments are the cheapest in Edgewood?
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 29 regular apartments in Edgewood 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?
Cheap apartments in Edgewood have an average cost of $149 which is $1,350 cheaper than the average rent for all rentals in Edgewood.
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
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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

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.

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.