3725 N Sherman Dr
IndianapolisIN46218
Cheap Homes for Rent in Fairgrounds Neighborhood of Indianapolis, IN from $600 (17 Rentals)
Cheap Homes in the Fairgrounds area of Indianapolis.
3736 N Meridian St
IndianapolisIN46208
3715 N Meridian St
IndianapolisIN46208
316 W 29th St
IndianapolisIN46208
6114 Hillside Ave
IndianapolisIN46220
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.
2952 Adams St
IndianapolisIN46218
3554 N Washington Blvd
IndianapolisIN46205
3722 Baltimore Ave
IndianapolisIN46218
329 W 41st St
IndianapolisIN46208
4256 Crittenden Ave
IndianapolisIN46205
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
3252 Winthrop Ave
IndianapolisIN46205
3256 Winthrop Ave
IndianapolisIN46205
6128 Winthrop Ave
IndianapolisIN46220
6128 Winthrop Ave
IndianapolisIN46220
3017 Broadway St
IndianapolisIN46205
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!
607 E 32nd St
IndianapolisIN46205
5173 Caroline Avenue
IndianapolisIN46205
Showing Results 1-17, Page 1 of 1
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 | $1,447 | $895 | $2,800 |
| Fairgrounds 3 Bedroom Homes for Rent | $1,693 | $1,200 | $3,000 |
| Fairgrounds 4 Bedroom Homes for Rent | $2,944 | $1,250 | $9,900 |
| Fairgrounds 5 Bedroom Homes for Rent | $3,370 | $3,000 | $4,250 |
| Fairgrounds 6 Bedroom Homes for Rent | $3,200 | $3,200 | $3,200 |
Browse Homes for Rent in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Fairgrounds Neighborhood of Indianapolis, IN.
Explore Indianapolis
Fairgrounds, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Fairgrounds Apartments for Rent
The cheapest available apartment rental in the Fairgrounds area of Indianapolis, IN is a Studio unit found at Meridian Towers priced from $629. Glenstone Studios has the second lowest priced unit, which is a Studio apartment currently listed from $649. Here are the most affordable Fairgrounds apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meridian Towers | Studio Apartment | Studio,1BA | $629 |
| Glenstone Studios | Studio | Studio,1BA | $649 |
| East Village at Avondale Meadows Apartments | C1 | 3BR,2BA | $662 |
| The Pines at SoBro | One Bedrooms | 1BR,1BA | $795 |
| Broad Ripple Trails | STUD-S | Studio,1BA | $839 |
Best Value Apartments for Rent in Fairgrounds, IN
As of May 07, 2025 the best value apartment in the Fairgrounds area is the $1.07 price per square foot Lilac Model at Everly at Meridian Hills in the in the Faith Knoll neighborhood starting from $1,499. The second greatest value Fairgrounds apartment is the 2 Bed/2Ba Den W/D Up Model at Fallwood starting at $1,481 with a $1.14 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. |
|---|---|---|---|
| Everly at Meridian Hills | Lilac | 2BR,2BA | $1.07 |
| Fallwood | 2 Bed/2Ba Den W/D Up | 2BR,2BA | $1.14 |
| Edison at Meridian Hills | 2 Bedroom 1 Bath | 2BR,1BA | $1.43 |
| Harbour Pointe | The Hideaway | 1BR,1BA | $1.40 |
| East Village at Avondale Meadows Apartments | A2 | 1BR,1BA | $1.32 |
| The Meadows | 1 Bedroom 730sf | 1BR,1BA | $1.60 |
| The Pines at SoBro | One Bedrooms | 1BR,1BA | $1.11 |
| Chateau in the Woods | 1 Bd/1 Ba Sm ABY | 1BR,1BA | $1.47 |
| Brockton Apartments & Townhomes | VL1 .1 | 1BR,1BA | $1.51 |
| Carrollton Manor Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.62 |
Quick 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.
Let everyone know!
Do you know the Fairgrounds area?
If you’re an expert on all things Fairgrounds, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Frequently Asked Questions about Fairgrounds
What type of rentals are currently available in Fairgrounds?
There are currently 196 Apartments for Rent in Fairgrounds, IN with pricing that ranges from $629 to $4,040. There are also 80 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairgrounds ranging from $694 to $9,900.
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 $694 to $9,900 with an average monthly rent of $2,046.
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 $1,026 to $4,040, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $1,193.
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.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.