
Cheap Apartments for Rent in the Fairgrounds Neighborhood of Indianapolis, IN from $400 (87 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the Fairgrounds area of Indianapolis.


Overlook at the Fairgrounds

Winston

Admiral

The Regal Apartments

Meridian Plaza

Nola Court Apartments

Birchwood Place

Monon Walk Apartments
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.

Point on Fall Creek I

3016 N New Jersey St

321 W 32nd St

Meier House Apartments

Monon Station Apartments

Chateau De Ville

2937 N Kenwood Ave

4023 Clarendon Rd

Magnolia Living
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.

Stetson Senior Apartments

7 Pointe Apartments

3141 N Park Ave

Harbour Pointe

4239 Crittenden Ave

Compton Court Apartments

3236 Graceland Ave

3537 N Capitol Ave

Monon Park, Managed by Buckingham Monon Living
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

3924 Byram Ave

3729 N Kenwood Ave

Hubbard Gardens

2949 Adams St

4306 Norwaldo Ave

The Lodge Apartments

Ashton Park

3915 Hillside Ave

3469 Graceland Ave
Fairgrounds - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

3202 Ruckle St
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 | $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 |
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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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 37 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 $175 which is $1,030 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.
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.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.