Cheap Homes for Rent in Edgewood Neighborhood of Indianapolis, IN from $300 (4 Rentals)

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

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.

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.

Best Value Apartments for Rent in Edgewood, IN

As of June 30, 2025 the best value apartment in the Edgewood area is the $1.13 price per square foot Two Bedroom Two Bath Model at Fox Club in the in the Shelby Street-Epler Avenue neighborhood starting from $1,125. The second greatest value Edgewood apartment is the The Lily Model at Ninth Avenue Apartments starting at $1,249 with a $1.38 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.
Fox ClubTwo Bedroom Two Bath2BR,2BA$1.13
Ninth Avenue ApartmentsThe Lily2BR,1BA$1.38
Brookwood ApartmentsRedwood Two2BR,2BA$1.28
SOUTHPORT AT BUCK CREEK2 Bedroom2BR,1BA$1.32
Capital PlaceTwo Bedroom One Bath TH2BR,1BA$1.28
Martinique Terrace1 Bed/1Ba Up1BR,1BA$1.33
Strawbridge GreenEmerson2BR,1BA$1.18
Parc Bordeaux Apartments1 Bed 1 Bath1BR,1BA$1.15
Pine GlenOne Bedroom One Bath1BR,1BA$1.10
Sawmill Apartments1 Bed 1 Bath Small1BR,1BA$1.31

Frequently Asked Questions about Edgewood

What type of rentals are currently available in Edgewood?

There are currently 46 Apartments for Rent in Edgewood, IN with pricing that ranges from $740 to $2,168. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Edgewood ranging from $375 to $2,675.

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 $375 to $2,675 with an average monthly rent of $1,645.

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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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.