3321 Eastwind Ct
IndianapolisIN46227
Cheap Apartments for Rent in the Edgewood Neighborhood of Indianapolis, IN from $600 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Edgewood area of Indianapolis.
close
View Me
Rent Specials
$665 - $1,370Studio to 2 Bedroom Apartments Available Now
5700 Madison Apartments & Edgewood on Madison
5757 Madison AveIndianapolis, IN 46227
close
View Me
$727 - $1,3201 to 3 Bedroom Apartments Available Now
Brookwood Apartments
5301 S Turtle Creek South DrIndianapolis, IN 46227
close
View Me
$799 - $1,215Studio to 2 Bedroom Apartments Available Now
Cherry Glen
2760 Cherry Glen WayIndianapolis, IN 46227
close
View Me
Rent Specials
$849 - $9991 to 2 Bedroom Apartments Available Now
Sawmill Apartments
3708 Lickridge Lane DrIndianapolis, IN 46237
close
View Me
Rent Specials
$850 - $1,225Studio to 2 Bedroom Apartments Available Now
Parc Bordeaux Apartments
3410 Rue ChanelIndianapolis, IN 46227
close
View Me
$910 - $1,4752 to 3 Bedroom Apartments Available Now
Strawbridge Green
4649 Strawbridge StIndianapolis, IN 46237
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.
close
View Me
Rent Specials
$915 - $1,2601 to 2 Bedroom Apartments Available Now
Fox Club
4401 S Keystone AveIndianapolis, IN 46227
close
View Me
Rent Specials
$919 - $1,601Studio to 3 Bedroom Apartments Available Now
Ninth Avenue Apartments
4651 Mimi DrIndianapolis, IN 46237
close
View Me
close
View Me
Rent Specials
$925 - $1,3001 to 3 Bedroom Apartments Available Now
Sherman Village
4603 S Sherman DrIndianapolis, IN 46237
close
View Me
$934 - $1,2091 to 3 Bedroom Apartments Available Now
Capital Place
4100 Continental CtIndianapolis, IN 46227
close
View Me
$967 - $1,1371 to 2 Bedroom Apartments Available Now
Thompson Village Apartments
139 Thompson Village WayIndianapolis, IN 46227
close
View Me
Rent Specials
$995 - $1,6191 to 3 Bedroom Apartments Available Now
SOUTHPORT AT BUCK CREEK
1451 E Southport RdIndianapolis, IN 46227
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
Rent Specials
$999 - $1,6141 to 3 Bedroom Apartments Available Now
Martinique Terrace
6789 S East StIndianapolis, IN 46227
close
View Me
$1,000 - $1,3601 to 3 Bedroom Apartments Contact Us For Availability
City Heights
457 Monument View DrIndianapolis, IN 46227
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Cash 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.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
615 E Thompson Rd
IndianapolisIN46227
1519 E Mills Ave
IndianapolisIN46227
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.
Showing Results 1-28, Page 1 of 1
Edgewood, Indianapolis, IN Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Edgewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Edgewood Studio Apartments | $966 | $665 | $1,325 |
| Edgewood 1 Bedroom Apartments | $1,090 | $727 | $1,650 |
| Edgewood 2 Bedroom Apartments | $1,240 | $787 | $1,913 |
| Edgewood 3 Bedroom Apartments | $1,424 | $1,110 | $1,695 |
Browse Apartments in this Neighborhood
There are currently 28 rentals with your search options within a 2 mile radius of the Edgewood Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Edgewood, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Edgewood Apartments for Rent
The cheapest available apartment rental in the Edgewood area of Indianapolis, IN is a Studio unit found at 5700 Madison Apartments & Edgewood on Madison priced from $670. Windsor Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $728. Here are the most affordable Edgewood apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 5700 Madison Apartments & Edgewood on Madison | Edgewood - Loft | Studio,1BA | $670 |
| Windsor Court | Standard One Bedroom (SN1) | 1BR,1BA | $728 |
| Cherry Glen | Studio | Studio,1BA | $799 |
| Buckridge at Southport | 1BR/1.0BA | 1BR,1BA | $800 |
| South & Madison | E2 | Studio,1BA | $840 |
| Sawmill Apartments | 1 Bed 1 Bath Small | 1BR,1BA | $849 |
| Parc Bordeaux Apartments | Studio | Studio,1BA | $850 |
| Brookwood Apartments | Evergreen Three | 1BR,1BA | $907 |
| Fox Club | One Bedroom One Bath | 1BR,1BA | $915 |
| Sherman Village | Garden Apt | 1BR,1BA | $925 |
Best Value Apartments for Rent in Edgewood, IN
As of November 12, 2025 the best value apartment in the Edgewood area is the $0.78 price per square foot 2 Bedroom Townhome Model at SOUTHPORT AT BUCK CREEK in the in the Winchester Village neighborhood starting from $1,097. The second greatest value Edgewood apartment is the Sycamore Two Model at Brookwood Apartments starting at $1,250 with a $1.27 price per square foot in the Shelby Street-Epler Avenue neighborhood. Here is today’s list of the best values for Edgewood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| SOUTHPORT AT BUCK CREEK | 2 Bedroom Townhome | 2BR,1.5BA | $0.78 |
| Brookwood Apartments | Sycamore Two | 3BR,1.5BA | $1.27 |
| Capital Place | Two Bedroom One Bath TH | 2BR,1BA | $1.30 |
| Martinique Terrace | 1Bd/1Ba-Dn Mini W/D | 1BR,1BA | $1.18 |
| Strawbridge Green | Emerson | 2BR,1BA | $1.12 |
| Fox Club | One Bedroom One Bath | 1BR,1BA | $1.14 |
| Buckridge at Southport | 1BR/1.0BA | 1BR,1BA | $1.11 |
| Sherman Village | Garden Apt | 1BR,1BA | $1.28 |
| Sawmill Apartments | 1 Bed 1 Bath Small | 1BR,1BA | $1.31 |
| 5700 Madison Apartments & Edgewood on Madison | Edgewood - Loft | Studio ,1BA | $1.32 |
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.
Read Article
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 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 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.
Let everyone know!
Do you know the Edgewood area?
If you’re an expert on all things Edgewood, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Lifestyle Ratings
ApartmentHomeLiving.com is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, and customized analysis for South Indianapolis. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, features that make it easier to raise kids, raising pets, transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the Edgewood Neighborhood in Indianapolis, IN
Walk Score®
53 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
47 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
28 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $925.
What is the price of a cheap apartment in Edgewood?
The cheapest apartment in Edgewood is Windsor Court which is listed at $728, while the average apartment in Edgewood costs $1,475.
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 32 regular apartments in Edgewood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
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.