
Cheap Homes for Rent in Fairgrounds Neighborhood of Indianapolis, IN from $600 (31 Rentals)
Search the lowest-cost Homes available for rent right now in the Fairgrounds area of Indianapolis.


636 E 37th St

3715 N Meridian St

3725 N Sherman Dr

1345 E 46th St

3736 N Meridian St
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.

3707 N Meridian St

316 W 29th St

3302 N Chester Ave

544 W 29th St
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.

607 E 32nd St

514 Bernard Ave

3729 Kinnear Ave

3426 N Temple Ave

3256 Winthrop Ave

3252 Winthrop Ave

4256 Crittenden Ave

328 W 40th St

3030 N Olney St
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.

413 W 40th St

Two Bedroom Bungalow

5435 N College Ave

319 W 40th St

3636 N Dearborn St

2943 Winthrop Ave

4260 Norwaldo Ave
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.

3409 N Capitol Ave

3066 N Tacoma Ave

411 W 39th St

3522 N Oxford St
Fairgrounds, Indianapolis, IN Local Guide

How much does it cost to rent a home in Fairgrounds?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Fairgrounds 2 Bedroom Homes for Rent | $1,462 | $950 | $2,700 |
Fairgrounds 3 Bedroom Homes for Rent | $1,641 | $975 | $2,600 |
Fairgrounds 4 Bedroom Homes for Rent | $2,312 | $1,850 | $3,000 |
Fairgrounds 5 Bedroom Homes for Rent | $3,462 | $1,600 | $4,500 |
Fairgrounds 6 Bedroom Homes for Rent | $3,200 | $3,200 | $3,200 |
Browse Homes for Rent in this Neighborhood
There are currently 31 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 Glenstone Studios priced from $649. Parkway has the second lowest priced unit, which is a Studio apartment currently listed from $665. Here are the most affordable Fairgrounds apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Glenstone Studios | Studio | Studio,1BA | $649 |
Parkway | Studio | Studio,1BA | $665 |
East Village at Avondale Meadows Apartments | A1 | 1BR,1BA | $693 |
Meridian Towers | Studio Apartment | Studio,1BA | $695 |
Oxmoor Indy | 1BR/1.0BA | 1BR,1BA | $699 |
The Star | 1 Bed | 1BR,1BA | $725 |
Carrollton Manor Apartments | 1 Bed 1 Bath | 1BR,1BA | $850 |
Chateau De Ville | Bordeaux | Studio,1BA | $863 |
Brockton Apartments & Townhomes | Studio | Studio,1BA | $919 |
The Pines at SoBro | Two Bedrooms | 2BR,1BA | $946 |
Best Value Apartments for Rent in Fairgrounds, IN
As of June 29, 2025 the best value apartment in the Fairgrounds area is the $1.34 price per square foot 1 Bed/1.5 Ba Den Up Model at Fallwood in the in the United Northeast neighborhood starting from $1,150. The second greatest value Fairgrounds apartment is the 3229 Dr Andrew J Brown Ave Model at 3229 Dr Andrew J Brown Ave, Unit 3227 Dr Andrew J Brown Av starting at $1,100 with a $1.29 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. |
---|---|---|---|
Fallwood | 1 Bed/1.5 Ba Den Up | 1BR,1.5BA | $1.34 |
3229 Dr Andrew J Brown Ave, Unit 3227 Dr Andrew J Brown Av | 3229 Dr Andrew J Brown Ave | 3BR,1BA | $1.29 |
Harbour Pointe | The Hideaway | 1BR,1BA | $1.43 |
7 Pointe Apartments | Crimson | 1BR,1BA | $1.30 |
The Star | 1 Bed | 1BR,1BA | $0.91 |
Willow Brook | Two Bedroom One Bath | 2BR,1BA | $1.44 |
East Village at Avondale Meadows Apartments | A2 | 1BR,1BA | $1.32 |
The Pines at SoBro | One Bedrooms | 1BR,1BA | $1.34 |
Chateau in the Woods | 1 Bd/1 Ba Sm ABY | 1BR,1BA | $1.47 |
Oxmoor Indy | 1BR/1.0BA | 1BR,1BA | $1.00 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Fairgrounds
What type of rentals are currently available in Fairgrounds?
There are currently 195 Apartments for Rent in Fairgrounds, IN with pricing that ranges from $649 to $3,586. There are also 122 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairgrounds ranging from $649 to $4,500.
What is the current price range for Rental Homes in Fairgrounds?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Fairgrounds ranges from $649 to $4,500 with an average monthly rent of $1,994.
How much are larger Three and Four Bedroom Rentals in Fairgrounds?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Fairgrounds range from $1,057 to $3,586, while Three Bedroom Homes, Condos, and Townhomes for rent range from $975 to $2,600. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $1,296.
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.

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.

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.

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.

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.