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Rent Specials
$629 - $849Studio to 2 Bedroom Apartments Available Now
Meridian Towers
3710 N Meridian StIndianapolis, IN 46208
Cheap Apartments for Rent in the Fairgrounds Neighborhood of Indianapolis, IN from $300 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in the Fairgrounds area of Indianapolis.
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3610 Balsam Ave
IndianapolisIN46205
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$725 - $1,684Studio to 4 Bedroom Apartments Available Now
34 North Apartments
3402 N Meridian StIndianapolis, IN 46208
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$729 - $1,349Studio to 3 Bedroom Apartments Available Now
The Pines at SoBro
5018 Lemans DrIndianapolis, IN 46205
135 E 30th St
IndianapolisIN46205
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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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$839 - $1,509Studio to 3 Bedroom Apartments Available Now
Broad Ripple Trails
5220 Luzzane DrIndianapolis, IN 46220
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$8701 Bedroom Apartment Available Now
4013 Clarendon Rd, Unit 4013
4013 Clarendon RdIndianapolis, IN 46208
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Rent Specials
$8752 Bedroom Apartments Available Jan 9, 2026
Maple Court
3524-3538 N Pennsylvania StIndianapolis, IN 46205
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$895 - $1,3951 to 2 Bedroom Apartments Available Now
Trails at Lakeside
3836 Arbor Green LnIndianapolis, IN 46220
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$8952 Bedroom Apartment Available Now
2945 Schofield Ave, Unit 2945
2945 Schofield AveIndianapolis, IN 46218
3520 E Fall Creek Pkwy N Dr
IndianapolisIN46205
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$899 - $2,3301 to 3 Bedroom Apartments Available Now
CityView on Meridian
3801 N Meridian StIndianapolis, IN 46208
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.
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$9001 Bedroom Apartments Available Now
Carrollton Manor Apartments
5322 Carrollton AveIndianapolis, IN 46220
2914 Winthrop Ave
IndianapolisIN46205
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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Studio to 1 Bedroom Apartments
VILLAGE AT FALL CREEK
3520-3534 Fall Creek Parkway North DrIndianapolis, IN 46205
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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.
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1 to 3 Bedroom Apartments
Monon Park, Managed by Buckingham Monon Living
5801 N Olney StIndianapolis, IN 46220
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1 to 3 Bedroom Apartments
East Village at Avondale Meadows Apartments
3810 Cooper Square CtIndianapolis, IN 46205
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Showing Results 1-42, Page 1 of 1
Fairgrounds, Indianapolis, IN Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Fairgrounds?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fairgrounds Studio Apartments | $1,056 | $629 | $1,820 |
| Fairgrounds 1 Bedroom Apartments | $1,175 | $649 | $2,154 |
| Fairgrounds 2 Bedroom Apartments | $1,386 | $875 | $3,128 |
| Fairgrounds 3 Bedroom Apartments | $1,475 | $775 | $2,065 |
| Fairgrounds 4 Bedroom Apartments | $1,510 | $995 | $2,435 |
Browse Apartments in this Neighborhood
There are currently 42 rentals with your search options within a 2 mile radius of the Fairgrounds Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Fairgrounds, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
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- Local Counties
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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 |
| The Pines at SoBro | Studio Apartment - Classic | Studio,1BA | $729 |
| Monon Park, Managed by Buckingham Monon Living | 1 Bed 1 Bath | 1BR,1BA | $761 |
| Parkway | 1 Bedroom | 1BR,1BA | $799 |
| The Star | 2 Bed | 2BR,1BA | $799 |
| Nola Court Apartments | Nola Court - 2Bedroom Apt Near Beautiful Broad ... | 2BR,1BA | $814 |
| East Village at Avondale Meadows Apartments | B1 | 2BR,2BA | $829 |
Best Value Apartments for Rent in Fairgrounds, IN
As of December 10, 2025 the best value apartment in the Fairgrounds area is the $0.66 price per square foot 3809 N Pennsylvania St Model at 3809 N Pennsylvania St, Unit 1 in the in the Martindale neighborhood starting from $1,320. The second greatest value Fairgrounds apartment is the 2 Bed/2Ba Den W/D Up Model at Fallwood starting at $1,495 with a $1.15 price per square foot in the United Northeast 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 | $0.66 |
| Fallwood | 2 Bed/2Ba Den W/D Up | 2BR,2BA | $1.15 |
| East Village at Avondale Meadows Apartments | C2 | 3BR,2BA | $1.18 |
| The Star | 2 Bed | 2BR,1BA | $0.76 |
| 205 - MERIDIAN PLAZA APARTMENTS | *Meridian Plaza* | 2BR,1BA | $0.92 |
| 3557 Evergreen Ave, Unit 3557 Evergreen | 3557 Evergreen Ave | 2BR,1BA | $1.10 |
| Nola Court Apartments | Nola Court - 2Bedroom Apt Near Beautiful Broad ... | 2BR,1BA | $1.12 |
| 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 | $1.27 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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.
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Pet Friendly LifestyleFairgrounds, Indianapolis, IN
Ranked #73
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet 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!
Getting Around the Fairgrounds Neighborhood in Indianapolis, IN
Walk Score®
64 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
73 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
35 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,099.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!