
Cheap Homes for Rent in Fairgrounds Neighborhood of Indianapolis, IN from $600 (37 Rentals)
Search the lowest-cost Homes available for rent right now in the Fairgrounds area of Indianapolis.


2932 N Dearborn St

2932 N Dearborn St

2932 N Dearborn St

3710 Ruskin Pl, Unit Private Room

3725 N Sherman Dr

3725 N Sherman Dr

316.5 W 29th St

2007 E 38th St
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115 E 36th St

4924 Carvel Ave

2221 E 38th St

3023 N Olney St

4023 Clarendon Rd

4021 Clarendon Rd

3121 Eastern Ave

3502 Brouse Ave

3249 N Kenwood Ave
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1829 E 49th St

2937 N Kenwood Ave

3513 Caroline Ave

4256 Crittenden Ave

3336 Baltimore Ave

3450 Graceland Ave

3537 N Capitol Ave

3772 N Parker Ave

4155 Graceland Ave
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3141 N Park Ave

4239 Crittenden Ave

4233 E 38th St

4306 Norwaldo Ave

3346 Hovey St

2949 Adams St

3915 Hillside Ave

5161 Caroline Ave

3469 Graceland Ave
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2956-2956 Central Ave
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 | $1,379 | $850 | $2,200 |
| Fairgrounds 3 Bedroom Homes for Rent | $1,659 | $995 | $2,500 |
| Fairgrounds 4 Bedroom Homes for Rent | $2,113 | $950 | $3,432 |
| Fairgrounds 5 Bedroom Homes for Rent | $2,543 | $1,672 | $3,150 |
| Fairgrounds 6 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Browse Homes for Rent in this Neighborhood
There are currently 37 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 East Village at Avondale Meadows Apartments priced from $569. Meridian Towers has the second lowest priced unit, which is a Studio apartment currently listed from $629. Here are the most affordable Fairgrounds apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 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 |
| Broad Ripple Trails | STUD-S | Studio,1BA | $799 |
| Parkway | 1 Bedroom | 1BR,1BA | $799 |
| The Star | 2 Bed | 2BR,1BA | $799 |
| Carrollton Manor Apartments | 1 Bed 1 Bath | 1BR,1BA | $900 |
Best Value Apartments for Rent in Fairgrounds, IN
As of March 19, 2026 the best value apartment in the Fairgrounds area is the $1.11 price per square foot 513 Bernard Ave Model at 513 Bernard Ave, Unit 513 Bernard Basement Unit in the in the Cheswick Place neighborhood starting from $2,000. The second greatest value Fairgrounds apartment is the 2 bed / 2 bath Model at Ashton Park starting at $1,199 with a $1.06 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. |
|---|---|---|---|
| 513 Bernard Ave, Unit 513 Bernard Basement Unit | 513 Bernard Ave | 4BR,2.5BA | $1.11 |
| Ashton Park | 2 bed / 2 bath | 2BR,2BA | $1.06 |
| 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 |
| Broad Ripple Flats | 2x1 | 2BR,1BA | $1.38 |
| 7 Pointe Apartments | Crimson | 1BR,1BA | $1.21 |
| Carrollton Manor Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.20 |
| 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
Frequently Asked Questions about Fairgrounds
What type of rentals are currently available in Fairgrounds?
There are currently 200 Apartments for Rent in Fairgrounds, IN with pricing that ranges from $629 to $6,769. There are also 113 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairgrounds ranging from $649 to $3,432.
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 $3,432 with an average monthly rent of $1,683.
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 $850 to $2,085, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $2,500. Four Bedroom Single-Family rentals are also available starting from $950 and Four Bedroom Apartments start at $2,000.
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.

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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

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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.

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