3321 Eastwind Ct
IndianapolisIN46227
Cheap Homes for Rent in Edgewood Neighborhood of Indianapolis, IN from $300 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Edgewood area of Indianapolis.
615 E Thompson Rd
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.
1091 Windermire St
IndianapolisIN46227
4847 Mt Vernon Dr
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.
2219 Whalen Ave
IndianapolisIN46227
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Edgewood, Indianapolis, IN Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in Edgewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Edgewood 2 Bedroom Homes for Rent | $1,291 | $975 | $1,750 |
| Edgewood 3 Bedroom Homes for Rent | $1,598 | $1,200 | $1,995 |
| Edgewood 4 Bedroom Homes for Rent | $2,439 | $1,695 | $3,600 |
| Edgewood 5 Bedroom Homes for Rent | $2,497 | $2,195 | $2,800 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Edgewood Neighborhood of Indianapolis, IN.
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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 $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 |
| South & Madison | E2 | Studio,1BA | $809 |
Best Value Apartments for Rent in Edgewood, IN
As of December 26, 2025 the best value apartment in the Edgewood area is the $1.24 price per square foot 3Bd/2Ba Up W/D Model at Martinique Terrace in the in the Winchester Village neighborhood starting from $1,614. 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. |
|---|---|---|---|
| Martinique Terrace | 3Bd/2Ba Up W/D | 3BR,2BA | $1.24 |
| Brookwood Apartments | Sycamore Two | 3BR,1.5BA | $1.27 |
| Strawbridge Green | Emerson | 2BR,1BA | $1.17 |
| Fox Club | One Bedroom One Bath | 1BR,1BA | $1.14 |
| Capital Place | Two Bedroom One Bath | 2BR,1BA | $1.34 |
| Ninth Avenue Apartments | The Poppy | 1BR,1BA | $1.42 |
| Sherman Village | Garden Apt | 1BR,1BA | $1.28 |
| SOUTHPORT AT BUCK CREEK | 1 Bedroom | 1BR,1BA | $1.30 |
| Sawmill Apartments | 1 Bed 1 Bath Small | 1BR,1BA | $1.31 |
| 5700 Madison Apartments & Edgewood on Madison | Edgewood - Loft | Studio ,1BA | $1.32 |
Frequently Asked Questions about Edgewood
What type of rentals are currently available in Edgewood?
There are currently 44 Apartments for Rent in Edgewood, IN with pricing that ranges from $665 to $2,200. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Edgewood ranging from $325 to $3,600.
What is the current price range for Rental Homes in Edgewood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Edgewood ranges from $325 to $3,600 with an average monthly rent of $1,630.
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.
Articles, How-To's, and Tips
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.
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
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.
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.