Cheap Apartments for Rent in the Faith Knoll Neighborhood of Indianapolis, IN from $500 (49 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Faith Knoll area of Indianapolis.

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.

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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.

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property at 1857 W 60th St

$999 - $1,099

2 Bedroom Rentals

Available Now

1857 W 60th St

IndianapolisIN46228

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.

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Hampshire Court
1 to 2 Bedroom Apartments

Hampshire Court

2455 Rolls DrIndianapolis, IN 46268
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Reflections Apartments
Studio to 3 Bedroom Apartments

Reflections Apartments

7999 Silverleaf DrIndianapolis, IN 46260
Corporate Housing
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Dogwood Glen
Studio to 2 Bedroom Apartments

Dogwood Glen

2390 Woodglen DrIndianapolis, IN 46260

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.

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The Meridian North
1 to 3 Bedroom Apartments

The Meridian North

2100 Westlane RdIndianapolis, IN 46260
Corporate Housing
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Lake Camelot Apartments
1 to 3 Bedroom Apartments

Lake Camelot Apartments

6475 Excalibur CtIndianapolis, IN 46268
  • Utilities Included
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Oakbrook Village
1 to 3 Bedroom Apartments

Oakbrook Village

6098 Georgetown RdIndianapolis, IN 46254
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Lakes of Georgetown
1 to 3 Bedroom Apartments

Lakes of Georgetown

6335 Sandyside DrIndianapolis, IN 46268

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.

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The Jameson
1 to 2 Bedroom Apartments

The Jameson

1854 Century WayIndianapolis, IN 46260
Showing Results 1-49, Page 1 of 1

Faith Knoll, Indianapolis, IN Local Guide

Cheapest Available Faith Knoll Apartments for Rent

 

The cheapest available apartment rental in the Faith Knoll area of Indianapolis, IN is a Studio unit found at Reflections Apartments priced from $649. Dogwood Glen has the second lowest priced unit, which is a Studio apartment currently listed from $740. Here are the most affordable Faith Knoll apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Reflections ApartmentsExpressionsStudio,1BA$649
Dogwood GlenStudio 1 BathStudio,1BA$740
Cambridge CommonsStudioStudio,1BA$775
Garden Pointe ApartmentsLily StudioStudio,1BA$795
The Meridian North and SouthA7S South1BR,1BA$799
Covered BridgeOne Bedroom One Bath1BR,1BA$829
Rosewood CommonsOne Bed One Bath1BR,1BA$849
Estates at Crystal BayOne Bedroom One Bath1BR,1BA$865
LandmarkRanierStudio,1BA$870
Cross Creek ApartmentsTopsider1BR,1BA$890

Best Value Apartments for Rent in Faith Knoll, IN

As of June 12, 2026 the best value apartment in the Faith Knoll area is the $1.19 price per square foot 3x2 Renovated Model at The Grove on Harcourt in the in the Spring Arbor neighborhood starting from $1,559. The second greatest value Faith Knoll apartment is the The Newburgh Model at Private Reserve Townhomes starting at $1,379 with a $1.07 price per square foot in the Spring Arbor neighborhood. Here is today’s list of the best values for Faith Knoll apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Grove on Harcourt3x2 Renovated3BR,2BA$1.19
Private Reserve TownhomesThe Newburgh2BR,1.5BA$1.07
Westbury CourtThree Bedroom Townhome (T3)3BR,2.5BA$1.19
Lakes of GeorgetownU12333BR,2BA$1.25
Lake Camelot Apartments2 Bedroom Townhome2BR,2BA$1.01
Edison at Meridian Hills2 Bedroom 1 Bath2BR,1BA$1.29
The Life at Creekside ReserveJUNIPER2BR,1.5BA$1.23
The AbbyThe Berkshire2BR,2BA$1.18
WoodlakeTwo Bedroom Apartment2BR,1BA$1.24
Covered BridgeOne Bedroom One Bath1BR,1BA$1.18

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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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.

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Pet Friendly Lifestyle
Faith Knoll, Indianapolis, IN

Ranked #155

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Northwest Indianapolis. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and the best outdoor access, features that make it easier to raise kids, raising pets, transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Faith Knoll Apartments

What is the Cheapest Studio apartment in Faith Knoll?

Currently the most affordable Cheap Studio Apartment in Faith Knoll is at Reflections Apartments listed at $649.

How much is rent for a Cheap One Bedroom Faith Knoll Apartment?

The lowest price for a Cheap One Bedroom Faith Knoll Apartment is $799 at The Meridian North and South.

What is the lowest price for a Cheap Two Bedroom Faith Knoll Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Faith Knoll is starting from $929 at The Meridian North and South.

What is the most affordable Faith Knoll Three Bedroom Apartment?

The best deal on a cheap Faith Knoll Three Bedroom Apartment rental is at Estates at Crystal Bay and starts from $1,165.

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

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

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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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Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

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.

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Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Written by: Wendy Melton

Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

Articles, How-To's, and Tips

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

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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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

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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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

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.