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$545 - $1,125Studio to 4 Bedroom Apartments Available Now
The Villages at Mill Crossing
3615 Sherman Forest DrIndianapolis, IN 46205
Cheap Apartments for Rent in the Fairgrounds Neighborhood of Indianapolis, IN from $400 (87 Rentals)
Search the lowest-cost Apartments available for rent right now in the Fairgrounds area of Indianapolis.
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$599Studio Apartments Available Now
2932 N Dearborn St, Unit B
2932 N Dearborn StIndianapolis, IN 46218
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$599Studio Apartments Available Now
2930 N Dearborn St, Unit B
2930 N Dearborn StIndianapolis, IN 46218
2932 N Dearborn St
IndianapolisIN46218
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$629 - $889Studio to 2 Bedroom Apartments Available Now
Meridian Towers
3710 N Meridian StIndianapolis, IN 46208
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$649Studio Apartments Available Now
Glenstone Studios
2215 E 56th StIndianapolis, IN 46220
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$725 - $879Studio Apartments Available Now
34 North Apartments
3402 N Meridian StIndianapolis, IN 46208
4643 Rookwood Ave
IndianapolisIN46208
3763 Baltimore Ave
IndianapolisIN46218
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$799 - $8992 Bedroom Apartments Available Now
The Star
3736 N Meridian StIndianapolis, IN 46208
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$799 - $1,2501 to 2 Bedroom Apartments Available Now
Parkway
3707 N Meridian StIndianapolis, IN 46208
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$799 - $899Studio to 2 Bedroom Apartments Available Now
The Meridian
1 E 36th StIndianapolis, IN 46205
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$799 - $1,509Studio to 3 Bedroom Apartments Available Now
Broad Ripple Trails
5220 Luzzane DrIndianapolis, IN 46220
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$8001 Bedroom Apartments Available Now
3623 Graceland Ave, Unit 3623 Graceland Ave
3623 Graceland AveIndianapolis, IN 46208
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$850
Total Monthly Price
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$850
Total Monthly Price
$850
2941 Schofield Ave, Unit 2941, Unit 2941
2941 Schofield AveIndianapolis, IN 46218
544 W 29th St
IndianapolisIN46208
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$880
Total Monthly Price
2 Bedroom Apartment Available NowTotal Monthly Price
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$880
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$880
2947 Schofield Ave, Unit 2947, Unit 2947
2947 Schofield AveIndianapolis, IN 46218
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$8852 Bedroom Apartments Available Jun 13
Maple Court Apartments - Where City Convenience Meets Neighborhood Charm!
3524-3538 N Pennsylvania StIndianapolis, IN 46205
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$900 - $1,5001 Bedroom Apartments Available Now
Carrollton Manor Apartments
5322 Carrollton AveIndianapolis, IN 46220
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$929 - $1,614Studio to 3 Bedroom Apartments Available Now
Brockton
5778 Brockton DrIndianapolis, IN 46220
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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$929 - $1,4091 to 4 Bedroom Apartments Available Now
The Pines at SoBro
5018 Lemans DrIndianapolis, IN 46205
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$940 - $1,6201 to 3 Bedroom Apartments Available Now
Trails at Lakeside
3836 Arbor Green LnIndianapolis, IN 46220
4021 Clarendon Rd
IndianapolisIN46208
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$995 - $2,120Studio to 2 Bedroom Apartments Available Now
The Domino
3200 Dr. Andrew J. Brown AveIndianapolis, IN 46205
3709-3711 Kinnear Ave
IndianapolisIN46218
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$1,009 - $2,3951 to 3 Bedroom Apartments Available Now
CityView on Meridian
3801 N Meridian StIndianapolis, IN 46208
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$1,044 - $1,5811 to 3 Bedroom Apartments Available Now
Chateau in the Woods
4020 Monaco DrIndianapolis, IN 46220
3722-3724 N Illinois St
IndianapolisIN46208
3450 Graceland Ave
IndianapolisIN46208
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$1,079 - $1,4951 to 2 Bedroom Apartments Available Now
Fallwood
5200 E Fall Creek Parkway North DrIndianapolis, IN 46220
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.
3772 N Parker Ave
IndianapolisIN46218
4155 Graceland Ave
IndianapolisIN46208
2931 N Tacoma Ave
IndianapolisIN46218
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$1,119 - $1,1501 to 2 Bedroom Apartments Available Now
Willow Brook
2111 E 52nd StIndianapolis, IN 46205
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$1,145 - $2,455Studio to 4 Bedroom Apartments Available Now
Buckingham & Balmoral
3103 N Meridian StIndianapolis, IN 46208
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$1,157 - $1,5921 to 3 Bedroom Apartments Available Now
The Meadows
4115 Meadows DrIndianapolis, IN 46205
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$1,176 - $1,2262 Bedroom Apartments Available Jan 15, 2027
Broad Ripple Flats
6018 N College AveIndianapolis, IN 46220
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Studio to 1 Bedroom Apartments
Crown Point Apartments
245 W 38th StIndianapolis, IN 46208
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Studio to 2 Bedroom Apartments
Charmwood Terrace
3419 N Pennsylvania StIndianapolis, IN 46205
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Studio to 3 Bedroom Apartments
Brownstone Apartments
3360 N Meridian StIndianapolis, IN 46208
Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.
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1 to 2 Bedroom Apartments
Parkside At Tarkington
3901 N Meridian StIndianapolis, IN 46208
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Studio to 1 Bedroom Apartments
THE COURTS OF MONON
3605-3609 Balsam AveIndianapolis, IN 46205
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1 to 3 Bedroom Apartments
East Village at Avondale Meadows Apartments
3810 Cooper Square CtIndianapolis, IN 46205
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Studio to 2 Bedroom Apartments
Marblehead
3310 N Meridian StIndianapolis, IN 46208
2930 N Dearborn St
IndianapolisIN46218
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1 Bedroom Apartments
727 Fairfield Ave
727 Fairfield AveIndianapolis, IN 46205
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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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1 to 2 Bedroom Apartments
The Historic Bauer
3720 N Meridian StIndianapolis, IN 46208
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1 to 4 Bedroom Apartments
Historic Dorchester
3720 N Pennsylvania StIndianapolis, IN 46205
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1 to 3 Bedroom Apartments
Oxmoor Indy
3640 N Meridian StIndianapolis, IN 46208
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.
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 | $996 | $590 | $1,400 |
| Fairgrounds 1 Bedroom Apartments | $1,159 | $669 | $2,348 |
| Fairgrounds 2 Bedroom Apartments | $1,324 | $545 | $5,862 |
| Fairgrounds 3 Bedroom Apartments | $1,391 | $626 | $2,465 |
| Fairgrounds 4 Bedroom Apartments | $1,182 | $1,090 | $2,455 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 87 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 2 Beds unit found at The Villages at Mill Crossing priced from $545. East Village at Avondale Meadows Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $569. Here are the most affordable Fairgrounds apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Villages at Mill Crossing | 2THSFL | 2BR,1BA | $545 |
| East Village at Avondale Meadows Apartments | B3 | 2BR,2BA | $569 |
| 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 |
| Nola Court Apartments | 1 Bed- 4442 | 1BR,1BA | $774 |
| Parkway | 1 Bedroom | 1BR,1BA | $799 |
| The Meridian | The Penn | Studio,1BA | $799 |
| Broad Ripple Trails | STUD-S | Studio,1BA | $799 |
Best Value Apartments for Rent in Fairgrounds, IN
As of April 25, 2026 the best value apartment in the Fairgrounds area is the $1.37 price per square foot Balmoral 3 BR, 2 BA Apartment- 1,280 Sq. Ft. Model at Buckingham & Balmoral in the in the Martindale neighborhood starting from $1,755. The second greatest value Fairgrounds apartment is the 2 bed / 2 bath Model at Ashton Park starting at $1,179 with a $1.04 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. |
|---|---|---|---|
| Buckingham & Balmoral | Balmoral 3 BR, 2 BA Apartment- 1,280 Sq. Ft. | 3BR,2BA | $1.37 |
| Ashton Park | 2 bed / 2 bath | 2BR,2BA | $1.04 |
| East Village at Avondale Meadows Apartments | B2 | 2BR,2BA | $1.12 |
| The Star | 2 Bed | 2BR,1BA | $0.76 |
| 3326 Ruckle St, Unit Rear Apartment | 3326 Ruckle St | 1BR,1.5BA | $1.19 |
| Oxmoor Indy | 3BR/1.0BA | 3BR,1BA | $1.00 |
| 7 Pointe Apartments | Crimson | 1BR,1BA | $1.21 |
| Willow Brook | Two Bedroom One Bath | 2BR,1BA | $1.40 |
| 2941 Schofield Ave, Unit 2941 | 2941 Schofield Ave | 2BR,1BA | $1.42 |
| Parkway | 1 Bedroom | 1BR,1BA | $1.43 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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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
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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 #120
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 a cheap apartment in Fairgrounds?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Fairgrounds is under $799.
What is the price of a cheap apartment in Fairgrounds?
The cheapest apartment in Fairgrounds is The Villages at Mill Crossing which is listed at $669, while the average apartment in Fairgrounds costs $1,205.
What types of apartments are the cheapest in Fairgrounds?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 46 regular apartments in Fairgrounds that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Fairgrounds?
Cheap apartments in Fairgrounds have an average cost of $174 which is $1,031 cheaper than the average rent for all rentals in Fairgrounds.
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.
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