Cheap Homes for Rent in the Fairgrounds Neighborhood of Indianapolis, IN from $500 (24 Rentals)

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Search the lowest-cost Homes available for rent right now in the Fairgrounds area of Indianapolis.

property at 2905 N Denny St

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

1 Bedroom, 1.5 Bath Home for Rent

Available Aug 4

2905 N Denny St, Unit A

2905 N Denny St
IndianapolisIN46218

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property at 2952 Adams St

$975

2 Bedroom Rentals

Available Now

2952 Adams St

IndianapolisIN46218

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 3450 Graceland Ave

$1,075

Total Monthly Price

Total Monthly Price

Base Rent
$1,075

Total Monthly Price
$1,075

3 Bedroom, 1 Bath Townhome for Rent

Available Now

3450 Graceland Ave

IndianapolisIN46208
property at 4155 Graceland Ave

$1,100 - $2,400

1 To 4 Bedroom Homes for Rent

Available Now

4155 Graceland Ave

IndianapolisIN46208
property at 2949 Adams St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

2949 Adams St

IndianapolisIN46218

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

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 $665. Meridian Towers has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here are the most affordable Fairgrounds apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Glenstone StudiosStudioStudio,1BA$665
Meridian TowersStudio ApartmentStudio,1BA$699
Oxmoor Indy1BR/1.0BA1BR,1BA$699
East Village at Avondale Meadows ApartmentsA11BR,1BA$703
34 North ApartmentsStudioStudio,1BA$725

Best Value Apartments for Rent in Fairgrounds, IN

As of August 02, 2026 the best value apartment in the Fairgrounds area is the $0.93 price per square foot 3017 Broadway St Model at 3017 Broadway St, Unit 3017 Broadway in the in the Martindale neighborhood starting from $1,400. The second greatest value Fairgrounds apartment is the B6 Brockton Green Townhome Model at Brockton starting at $1,424 with a $1.32 price per square foot in the Allisonville neighborhood. Here is today’s list of the best values for Fairgrounds apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3017 Broadway St, Unit 3017 Broadway3017 Broadway St3BR,1.5BA$0.93
BrocktonB6 Brockton Green Townhome2BR,1.5BA$1.32
7 Pointe ApartmentsGarnet2BR,2BA$0.99
East Village at Avondale Meadows ApartmentsB22BR,2BA$1.14
The Star2 Bed2BR,1BA$0.76
3326 Ruckle St, Unit Rear Apartment3326 Ruckle St1BR,1.5BA$1.19
Oxmoor Indy3BR/1.0BA3BR,1BA$1.00
Broad Ripple Trails2BR-L Rehab Village2BR,1BA$1.33
The MeridianThe Delaware2BR,1BA$1.24
Maple Court2 Bed Original2BR,1BA$1.23

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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Your 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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Fairgrounds, Indianapolis, IN

Ranked #125

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Fairgrounds

What type of rentals are currently available in Fairgrounds?

There are currently 202 Apartments for Rent in Fairgrounds, IN with pricing that ranges from $599 to $4,908. There are also 118 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairgrounds ranging from $599 to $3,300.

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 $599 to $3,300 with an average monthly rent of $1,644.

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 $825 to $1,984, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,025 to $3,300. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $2,475.

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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