3321 Eastwind Ct
IndianapolisIN46227
Cheap Apartments for Rent in the Edgewood Neighborhood of Indianapolis, IN from $600 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in the Edgewood area of Indianapolis.
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$740 - $1,445Studio to 2 Bedroom Apartments Available Now
5700 Madison Apartments & Edgewood on Madison
5757 Madison AveIndianapolis, IN 46227
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$800 - $1,2601 to 2 Bedroom Apartments Available Now
Fox Club
4401 S Keystone AveIndianapolis, IN 46227
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$847 - $1,4211 to 3 Bedroom Apartments Available Now
Brookwood Apartments
5301 S Turtle Creek South DrIndianapolis, IN 46227
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$849 - $1,3691 Bedroom Apartments Available Now
Pine Glen
4259 Burkhart DrIndianapolis, IN 46227
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$849 - $1,1491 to 2 Bedroom Apartments Available Now
Sawmill Apartments
3708 Lickridge Lane DrIndianapolis, IN 46237
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$850 - $1,225Studio to 2 Bedroom Apartments Available Now
Parc Bordeaux Apartments
3410 Rue ChanelIndianapolis, IN 46227
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$884 - $1,2991 to 3 Bedroom Apartments Available Now
Capital Place
4100 Continental CtIndianapolis, IN 46227
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$887 - $1,8211 to 3 Bedroom Apartments Available Now
SOUTHPORT AT BUCK CREEK
1451 E Southport RdIndianapolis, IN 46227
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.
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Rent Specials
$895 - $1,100
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$815 - $1,020
Required Monthly Fees
$80
Total Monthly Price
$895 - $1,100
Buckridge at Southport
6933 Buckridge West DrIndianapolis, IN 46227
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$900 - $1,570
Total Monthly Price
2 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$850 - $1,520
Required Monthly Fees
$50
Total Monthly Price
$900 - $1,570
Strawbridge Green
4649 Strawbridge StIndianapolis, IN 46237
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$925 - $1,3001 to 3 Bedroom Apartments Available Now
Sherman Village
4603 S Sherman DrIndianapolis, IN 46237
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$928 - $1,1121 to 2 Bedroom Apartments Available Now
Thompson Village Apartments
139 Thompson Village WayIndianapolis, IN 46227
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$999 - $1,6141 to 3 Bedroom Apartments Available Now
Martinique Terrace
6789 S East StIndianapolis, IN 46227
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$1,000 - $1,3601 to 3 Bedroom Apartments Contact Us For Availability
City Heights
457 Monument View DrIndianapolis, IN 46227
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$1,025 - $1,099Studio to 2 Bedroom Apartments Available Apr 10
Cherry Glen
2760 Cherry Glen WayIndianapolis, IN 46227
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$1,099 - $1,5991 to 3 Bedroom Apartments Available Now
Hanna Village
4020 Hanna Village DrIndianapolis, IN 46227
1222 E Thompson Rd
IndianapolisIN46227
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.
701 Ferndale Ct, Unit 701 Ferndale Court
701 Ferndale Ct
IndianapolisIN46227
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$1,147 - $2,250
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,082 - $2,185
Required Monthly Fees
Varies
Total Monthly Price
Varies
Sundance Apartments
7213 Sundance DrIndianapolis, IN 46237
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$1,325 - $1,899Studio to 2 Bedroom Apartments Available Now
The Jacob
2110 E Southport RdIndianapolis, IN 46227
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Studio to 3 Bedroom Apartments
Rosedale Hills
2139 E Hanna AveIndianapolis, IN 46227
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Studio to 2 Bedroom Apartments
Crossroads at Madison
4725 Madison AveIndianapolis, IN 46227
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1 to 2 Bedroom Apartments
Estate View
6768 S East StIndianapolis, IN 46227
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1 to 2 Bedroom Apartments
Stone Lake
2913 E Hanna AveIndianapolis, IN 46227
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1 to 2 Bedroom Apartments
Windsor Court
7302 Queen Anne CtIndianapolis, IN 46227
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Studio to 3 Bedroom Apartments
South & Madison
1819 Madison Village DrIndianapolis, IN 46227
Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.
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1 to 2 Bedroom Apartments
Crossroads at Southgreen
5030 Southgreen DrIndianapolis, IN 46227
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Studio to 3 Bedroom Apartments
Ninth Avenue Apartments
4651 Mimi DrIndianapolis, IN 46237
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2 Bedroom Apartments
Markwood Terrace Apartments
920 E Markwood AveIndianapolis, IN 46227
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1 to 2 Bedroom Apartments
Grand Oaks
7215 Grand Ritz LnIndianapolis, IN 46237
615 E Thompson Rd
IndianapolisIN46227
5025 S Walcott St
IndianapolisIN46227
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2 Bedroom Apartments
Fairfax Duplexes
2123 Fairfax RdIndianapolis, IN 46227
4929 Mt Vernon Dr
IndianapolisIN46227
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Rent Specials
$1,014 - $1,7951 to 3 Bedroom Apartments Available Now
Willow Glen South
4880 Willow Glen DrBeech Grove, IN 46107
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.
Showing Results 1-36, 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 | $1,021 | $740 | $1,325 |
| Edgewood 1 Bedroom Apartments | $1,080 | $800 | $1,905 |
| Edgewood 2 Bedroom Apartments | $1,248 | $900 | $1,899 |
| Edgewood 3 Bedroom Apartments | $1,487 | $1,055 | $1,821 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 36 rentals with your search options within a 2 mile radius of the Edgewood Neighborhood of Indianapolis, IN.
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Edgewood, Indianapolis, IN Local Guide
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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 $740. South & Madison has the second lowest priced unit, which is a Studio apartment currently listed from $809. 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 - Cypress | Studio,1BA | $740 |
| South & Madison | E2 | Studio,1BA | $809 |
| Stone Lake | 1x1 Renovated | 1BR,1BA | $825 |
| Brookwood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $847 |
| Pine Glen | Maple Classic | 1BR,1BA | $849 |
| Sawmill Apartments | 1 Bed 1 Bath Small | 1BR,1BA | $849 |
| Parc Bordeaux Apartments | Studio | Studio,1BA | $850 |
| Capital Place | One Bedroom One Bath TH | 1BR,1BA | $884 |
| SOUTHPORT AT BUCK CREEK | 1 Bedroom | 1BR,1BA | $887 |
| Buckridge at Southport | 1BR/1.0BA | 1BR,1BA | $895 |
Best Value Apartments for Rent in Edgewood, IN
As of April 01, 2026 the best value apartment in the Edgewood area is the $1.15 price per square foot Sherman Model at Strawbridge Green in the in the Shelby Street-Epler Avenue neighborhood starting from $1,505. The second greatest value Edgewood apartment is the 2Bd/1Ba Lg Dn W/D Model at Martinique Terrace starting at $1,099 with a $1.10 price per square foot in the Winchester Village 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. |
|---|---|---|---|
| Strawbridge Green | Sherman | 3BR,2.5BA | $1.15 |
| Martinique Terrace | 2Bd/1Ba Lg Dn W/D | 2BR,1BA | $1.10 |
| Fox Club | Two Bedroom 1.5 Bath | 2BR,1.5BA | $1.22 |
| Windsor Court | Two Bedroom Two Bathroom (C3M) | 2BR,2BA | $1.15 |
| Brookwood Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.19 |
| Pine Glen | Maple Renovated | 1BR,1BA | $1.14 |
| Buckridge at Southport | 1BR/1.0BA | 1BR,1BA | $1.24 |
| Sherman Village | Garden Apt | 1BR,1BA | $1.28 |
| SOUTHPORT AT BUCK CREEK | 1 Bedroom | 1BR,1BA | $1.27 |
| Sawmill Apartments | 1 Bed 1 Bath Small | 1BR,1BA | $1.31 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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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
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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!
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 $895.
What is the price of a cheap apartment in Edgewood?
The cheapest apartment in Edgewood is Stone Lake which is listed at $825, while the average apartment in Edgewood costs $1,502.
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 30 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 $191 which is $1,311 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
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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.
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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
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.
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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.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.