
Cheap Apartments for Rent in the Fairgrounds Neighborhood of Indianapolis, IN from $400 (54 Rentals)
Search the lowest-cost Apartments available for rent right now in the Fairgrounds area of Indianapolis.


Glenstone Studios

34 North Apartments

2932 N Dearborn St

The Star

Parkway

Broad Ripple Trails

3251-3251 Winthrop Ave

Maple Court Apartments - Where City Convenience Meets Neighborhood Charm!

3520 Ralston Ave
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2945 Schofield Ave, Unit 2945

2914 Winthrop Ave

Carrollton Manor Apartments

4901 N Washington Blvd

The Pines at SoBro

Brockton Apartments & Townhomes

CityView on Meridian

3019 Boulevard Pl

3835 N Tacoma Ave

4021 N Tacoma Ave
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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.

3254 Guilford Ave

The Domino

Willow Brook

Chateau in the Woods

3030 E 37th St

Crown Point Apartments

Charmwood Terrace

Brownstone Apartments

Parkside At Tarkington

THE COURTS OF MONON
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
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Sherman Forest

Marblehead

VILLAGE AT FALL CREEK

727 Fairfield Ave

The Historic Bauer

Historic Dorchester

Oxmoor Indy

Winston

Overlook at the Fairgrounds

Admiral
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The Regal Apartments

Monon Park, Managed by Buckingham Monon Living

Nola Court Apartments

Birchwood Place

Monon Walk Apartments

Point on Fall Creek I

Meier House Apartments

Monon Station Apartments

1 & 2 Bedroom Apartments in Downtown Indianapolis - Meridian Plaza Awaits You!

Chateau De Ville
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Fairgrounds, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Fairgrounds?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fairgrounds Studio Apartments | $995 | $629 | $2,087 |
| Fairgrounds 1 Bedroom Apartments | $1,212 | $739 | $3,248 |
| Fairgrounds 2 Bedroom Apartments | $1,385 | $875 | $4,055 |
| Fairgrounds 3 Bedroom Apartments | $1,499 | $975 | $2,065 |
| Fairgrounds 4 Bedroom Apartments | $1,350 | $975 | $2,435 |
Browse Apartments in this Neighborhood
There are currently 54 rentals with your search options within a 2 mile radius of the Fairgrounds Neighborhood of Indianapolis, IN.
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Fairgrounds, Indianapolis, IN Local Guide
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Cheapest Available Fairgrounds Apartments for Rent
 The cheapest available apartment rental in the Fairgrounds area of Indianapolis, IN is a Studio unit found at Meridian Towers priced from $629. Glenstone Studios has the second lowest priced unit, which is a Studio apartment currently listed from $649. Here are the most affordable Fairgrounds apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meridian Towers | Studio Apartment | Studio,1BA | $629 |
| Glenstone Studios | Studio | Studio,1BA | $649 |
| Oxmoor Indy | 1BR/1.0BA | 1BR,1BA | $699 |
| 34 North Apartments | Studio | Studio,1BA | $725 |
| Monon Park, Managed by Buckingham Monon Living | 1 Bed 1 Bath | 1BR,1BA | $771 |
| Nola Court Apartments | 1 Bed- 4442 | 1BR,1BA | $774 |
| Parkway | 1 Bedroom | 1BR,1BA | $799 |
| The Star | 2 Bed | 2BR,1BA | $799 |
| Broad Ripple Trails | STUD-S | Studio,1BA | $839 |
| Maple Court Apartments - Where City Convenience Meets Neighborhood Charm! | 2 Bed Remodel | 2BR,1BA | $885 |
Best Value Apartments for Rent in Fairgrounds, IN
As of January 25, 2026 the best value apartment in the Fairgrounds area is the $0.64 price per square foot 3809 N Pennsylvania St Model at 3809 N Pennsylvania St, Unit 1 in the in the Martindale neighborhood starting from $1,280. The second greatest value Fairgrounds apartment is the 2 Bed Model at The Star starting at $799 with a $0.76 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for Fairgrounds apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3809 N Pennsylvania St, Unit 1 | 3809 N Pennsylvania St | 3BR,2BA | $0.64 |
| The Star | 2 Bed | 2BR,1BA | $0.76 |
| 3326 Ruckle St, Unit Rear Apartment | 3326 Ruckle St | 1BR,1.5BA | $1.19 |
| Willow Brook | Two Bedroom One Bath | 2BR,1BA | $1.25 |
| East Village at Avondale Meadows Apartments | A1 | 1BR,1BA | $1.24 |
| Maple Court Apartments - Where City Convenience Meets Neighborhood Charm! | 2 Bed Remodel | 2BR,1BA | $1.18 |
| 7 Pointe Apartments | Admiral | 1BR,1BA | $1.36 |
| Oxmoor Indy | 1BR/1.0BA | 1BR,1BA | $1.00 |
| Monon Park, Managed by Buckingham Monon Living | 1 Bed 1 Bath | 1BR,1BA | $1.29 |
| Parkway | 1 Bedroom | 1BR,1BA | $1.43 |
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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
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.
Pet Friendly LifestyleFairgrounds, Indianapolis, IN
Ranked #96
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Fairgrounds, Indianapolis, IN
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for North Central Indianapolis. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, kid and pet-friendly communities, availability of 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 Fairgrounds Apartments
What is the Cheapest Studio apartment in Fairgrounds?
Currently the most affordable Cheap Studio Apartment in Fairgrounds is at Meridian Towers listed at $629.
How much is rent for a Cheap One Bedroom Fairgrounds Apartment?
The lowest price for a Cheap One Bedroom Fairgrounds Apartment is $699 at Oxmoor Indy.
What is the lowest price for a Cheap Two Bedroom Fairgrounds Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Fairgrounds is starting from $799 at The Star.
What is the most affordable Fairgrounds Three Bedroom Apartment?
The best deal on a cheap Fairgrounds Three Bedroom Apartment rental is at The Pines at SoBro and starts from $1,149.
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
Written by: Wendy Melton
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.
Articles, How-To's, and Tips

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
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
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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.

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.