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$749Studio Apartments Available Now
3165 Station St, Unit B
3165 Station StIndianapolis, IN 46218
Cheap Homes for Rent in Fairgrounds Neighborhood of Indianapolis, IN from $900 (48 Rentals)
Search the lowest-cost Homes available for rent right now in the Fairgrounds area of Indianapolis.
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$8452 Bedroom Apartments Available Now
3725 N Sherman Dr, Unit Apartment 7
3725 N Sherman DrIndianapolis, IN 46218
3709 N Parker Ave
IndianapolisIN46218
3286 Hovey St
IndianapolisIN46218
2221 E 38th St
IndianapolisIN46218
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$1,0002 Bedroom Apartments Available Now
3165 Station St, Unit A
3165 Station StIndianapolis, IN 46218
3233 Ralston Ave
IndianapolisIN46218
3450 Graceland Ave
IndianapolisIN46208
2920 Lasalle St
IndianapolisIN46218
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.
3924 Byram Ave
IndianapolisIN46208
4155 Graceland Ave
IndianapolisIN46208
4242 Crittenden Ave
IndianapolisIN46205
3706 N Kenwood Ave
IndianapolisIN46208
3708 N Kenwood Ave
IndianapolisIN46208
3385 N Sherman Dr
IndianapolisIN46218
3502 N Kenwood Ave
IndianapolisIN46208
143 W 35th St
IndianapolisIN46208
3207 N Arsenal Ave
IndianapolisIN46218
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.
3421 N Olney St
IndianapolisIN46218
3558 N Washington Blvd
IndianapolisIN46205
3469 Graceland Ave
IndianapolisIN46208
4301 Crittenden Ave
IndianapolisIN46205
3201 Ralston Ave
IndianapolisIN46218
4002 Rookwood Ave, Unit 2
4002 Rookwood Ave
IndianapolisIN46208
4448 Evanston Ave
IndianapolisIN46205
319 W 40th St
IndianapolisIN46208
3110 Guilford Ave
IndianapolisIN46205
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
721 E 54th St
IndianapolisIN46220
3723 Orchard Ave
IndianapolisIN46218
5169 Caroline Ave
IndianapolisIN46205
3522 N Olney St
IndianapolisIN46218
3005 Ruckle St
IndianapolisIN46205
3501 N Illinois St
IndianapolisIN46208
3920 E 30th St
IndianapolisIN46218
3542 Graceland Ave
IndianapolisIN46208
2901 N Talbott St
IndianapolisIN46205
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.
324 W 41st St
IndianapolisIN46208
728 E 34th St
IndianapolisIN46205
3040 N College Ave
IndianapolisIN46205
321 E 31st St
IndianapolisIN46205
3031 Boulevard Pl
IndianapolisIN46208
906 42nd St
IndianapolisIN46205
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$1,4503 Bedroom Apartments Available Now
2958 N Park Ave, Unit 2958
2958 N Park AveIndianapolis, IN 46205
608 Bernard Ave
IndianapolisIN46208
5245 Central Ave
IndianapolisIN46220
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
648 W 30th St
IndianapolisIN46208
2864 Forest Manor Ave
IndianapolisIN46218
6035 N College Ave
IndianapolisIN46220
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Fairgrounds, Indianapolis, IN Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in Fairgrounds?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fairgrounds 2 Bedroom Homes for Rent | $1,481 | $900 | $2,500 |
| Fairgrounds 3 Bedroom Homes for Rent | $1,679 | $1,075 | $3,200 |
| Fairgrounds 4 Bedroom Homes for Rent | $2,326 | $1,395 | $3,000 |
| Fairgrounds 5 Bedroom Homes for Rent | $3,150 | $3,150 | $3,150 |
| Fairgrounds 6 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 48 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 | $665 |
| 34 North Apartments | Studio | Studio,1BA | $725 |
| Nola Court Apartments | 1 Bed- 4442 | 1BR,1BA | $774 |
| Parkway | 1 Bedroom | 1BR,1BA | $799 |
| The Star | 2 Bed | 2BR,1BA | $799 |
| The Meridian | The Penn | Studio,1BA | $799 |
| Monon Walk Apartments | Studio | Studio,1BA | $810 |
Best Value Apartments for Rent in Fairgrounds, IN
As of June 18, 2026 the best value apartment in the Fairgrounds area is the $1.12 price per square foot C2 Model at East Village at Avondale Meadows Apartments in the in the Martindale neighborhood starting from $1,525. The second greatest value Fairgrounds apartment is the 2 Bd/2 Ba Large BRDX Model at Chateau in the Woods starting at $1,257 with a $1.06 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| East Village at Avondale Meadows Apartments | C2 | 3BR,2BA | $1.12 |
| Chateau in the Woods | 2 Bd/2 Ba Large BRDX | 2BR,2BA | $1.06 |
| Ashton Park | 2 Bedroom 2 Bath - 62209 | 2BR,2BA | $0.92 |
| 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 |
| Fallwood | 1 Bed/1.5 Ba Den Up | 1BR,1.5BA | $1.31 |
| 7 Pointe Apartments | Crimson | 1BR,1BA | $1.25 |
| The Meridian | The Delaware | 2BR,1BA | $1.24 |
| Maple Court | 2 Bed Original | 2BR,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
Read ArticleReal 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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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 #107
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 198 Apartments for Rent in Fairgrounds, IN with pricing that ranges from $629 to $4,672. There are also 97 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairgrounds ranging from $900 to $3,200.
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 $900 to $3,200 with an average monthly rent of $2,059.
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 $1,099 to $2,166, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,075 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,395 and Four Bedroom Apartments start at $1,439.
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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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
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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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Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.