Cheap Homes for Rent in Edgewood Neighborhood of Indianapolis, IN from $500 (5 Rentals)

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Search the lowest-cost Homes available for rent right now in the Edgewood area of Indianapolis.

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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 $665. 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 ListingModel NameBed/BathPriced From
5700 Madison Apartments & Edgewood on MadisonEdgewood - CypressStudio,1BA$665
Windsor CourtStandard One Bedroom (SN1)1BR,1BA$728
Buckridge at Southport1BR/1.0BA1BR,1BA$795

Best Value Apartments for Rent in Edgewood, IN

As of September 11, 2025 the best value apartment in the Edgewood area is the $1.16 price per square foot Three Bedroom 1.5 Bath TH w/Den Model at Capital Place in the in the Concord neighborhood starting from $1,399. The second greatest value Edgewood apartment is the Two Bedroom Two Bath Model at Fox Club starting at $1,125 with a $1.13 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Capital PlaceThree Bedroom 1.5 Bath TH w/Den3BR,1.5BA$1.16
Fox ClubTwo Bedroom Two Bath2BR,2BA$1.13
Sawmill Apartments2 Bed 1 Bath Large2BR,1BA$1.05
SOUTHPORT AT BUCK CREEK2 Bedroom2BR,1BA$1.32
Buckridge at Southport2BR/1.0BA2BR,1BA$1.12
Martinique Terrace1 Bed/1 Ba Up Mini W/D1BR,1BA$1.34
Strawbridge GreenEmerson2BR,1BA$1.17
Parc Bordeaux Apartments1 Bed 1 Bath1BR,1BA$1.12
Brookwood ApartmentsEvergreen Three1BR,1BA$1.26
City Heights1A1BR,1BA$1.44

Frequently Asked Questions about Edgewood

What type of rentals are currently available in Edgewood?

There are currently 45 Apartments for Rent in Edgewood, IN with pricing that ranges from $665 to $2,105. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Edgewood ranging from $550 to $2,430.

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 $550 to $2,430 with an average monthly rent of $1,576.

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.

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