
Cheap Apartments for Rent in the Faith Knoll Neighborhood of Indianapolis, IN from $500 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in the Faith Knoll area of Indianapolis.


The Meridian North and South

Cambridge Commons

Westbury Court

Garden Pointe Apartments

Annhurst

Estates at Crystal Bay

Landmark
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Meridian Lakes

Woodbrook

Cross Creek Apartments

The Life at Creekside Reserve

The Woods of Eagle Creek

Aspen Chase

The Abby

The Manning Apartment Homes
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Woodlake

The Grove on 79th

Edison at Meridian Hills

Eagle’s Edge

The Towers at Crooked Creek Senior Housing

The Grove on Harcourt

Vetra 5480

Forest Ridge Apartment Homes
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Bishop Pond Apartments

6072 Bettcher Ave

Everly at Meridian Hills

Three Fountains West Cooperative

Hampshire Court

Mayfield Green Cooperative

Dogwood Glen

Guion Creek Apartments
Faith Knoll - 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!

The Meridian North

Reflections Apartments

The George Apartment Homes

Lake Camelot Apartments

Oakbrook Village

Foxhill Manor Cooperative

The Jameson

Georgetown Woods Senior Apartments
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Park Place Apartments

Lakes of Georgetown

Private Reserve Townhomes

6104 Bettcher Ave
Faith Knoll, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Faith Knoll?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Faith Knoll Studio Apartments | $861 | $719 | $1,229 |
| Faith Knoll 1 Bedroom Apartments | $984 | $754 | $1,599 |
| Faith Knoll 2 Bedroom Apartments | $1,225 | $799 | $1,819 |
| Faith Knoll 3 Bedroom Apartments | $1,479 | $1,074 | $2,119 |
| Faith Knoll 4 Bedroom Apartments | $1,756 | $1,756 | $1,756 |
Browse Apartments in this Neighborhood
There are currently 44 rentals with your search options within a 2 mile radius of the Faith Knoll Neighborhood of Indianapolis, IN.
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Faith Knoll, Indianapolis, IN Local Guide
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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 Rosewood Commons priced from $719. Cambridge Commons has the second lowest priced unit, which is a Studio apartment currently listed from $719. Here are the most affordable Faith Knoll apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rosewood Commons | Studio | Studio,1BA | $719 |
| Cambridge Commons | Studio | Studio,1BA | $719 |
| Garden Pointe Apartments | Lily Studio | Studio,1BA | $795 |
| Estates at Crystal Bay | One Bedroom One Bath | 1BR,1BA | $865 |
| The Meridian North and South | B4S South | 2BR,1BA | $869 |
| Landmark | S1 Ranier | Studio,1BA | $870 |
| Cross Creek Apartments | Topsider | 1BR,1BA | $890 |
| The Life at Creekside Reserve | CEDAR | 1BR,1BA | $900 |
| The George Apartment Homes | 1Bed/1Bath - Gold | 1BR,1BA | $909 |
| Annhurst | One Bed One Bath | 1BR,1BA | $915 |
Best Value Apartments for Rent in Faith Knoll, IN
As of July 31, 2026 the best value apartment in the Faith Knoll area is the $1.12 price per square foot Orchid Model at Everly at Meridian Hills in the in the Faith Knoll neighborhood starting from $1,859. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Everly at Meridian Hills | Orchid | 3BR,2BA | $1.12 |
| Private Reserve Townhomes | The Newburgh | 2BR,1.5BA | $1.07 |
| The Grove on 79th | 2x2.5 Apartment - Classic | 2BR,2.5BA | $1.05 |
| Meridian Lakes | 2Bed/2Ba-Up (H) | 2BR,2BA | $1.25 |
| Edison at Meridian Hills | 2 Bedroom 1 Bath | 2BR,1BA | $1.29 |
| The Life at Creekside Reserve | JUNIPER | 2BR,1.5BA | $1.23 |
| Reflections Apartments | Mirage | 2BR,1.5BA | $1.29 |
| Woodbrook | The Maple | 2BR,1BA | $1.10 |
| The Grove on Harcourt | 1x1.5 Large Renovated | 1BR,1.5BA | $1.33 |
| Estates at Crystal Bay | One Bedroom One Bath | 1BR,1BA | $1.33 |
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.
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 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.
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 LifestyleFaith Knoll, Indianapolis, IN
Ranked #111
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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 Rosewood Commons listed at $719.
How much is rent for a Cheap One Bedroom Faith Knoll Apartment?
The lowest price for a Cheap One Bedroom Faith Knoll Apartment is $855 at Cambridge Commons.
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 $869 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 $1,299.
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

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

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.