
Cheap Apartments for Rent in the Faith Knoll Neighborhood of Indianapolis, IN from $574 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in the Faith Knoll area of Indianapolis.


Cambridge Commons

Rosewood Commons

Annhurst

Westbury Court

Garden Pointe Apartments

Meridian Lakes

Cross Creek Apartments
Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

The Life at Creekside Reserve

The Woods of Eagle Creek

Forest Ridge

Aspen Chase

The Abby

The Grove on 79th

Woodlake

Edison at Meridian Hills
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.

Woodbrook

Estates at Crystal Bay

Landmark

The Grove on Harcourt

The Manning Apartment Homes

The Towers at Crooked Creek Senior Housing

Vetra 5480

Eagle’s Edge
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.

Guion Creek Apartments

Bishop Pond Apartments

2319 W 60th St

Everly at Meridian Hills

2607 Cooper Pointe Cir

Three Fountains West Cooperative

Hampshire Court

Mayfield Green Cooperative
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!

Dogwood Glen

The Meridian North

Reflections Apartments

Lake Camelot Apartments

The George Apartment Homes

Oakbrook Village

Foxhill Manor Cooperative

Georgetown Woods Senior Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

The Jameson

Lakes of Georgetown

Park Place Apartments

Private Reserve Townhomes
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 | $863 | $704 | $1,229 |
| Faith Knoll 1 Bedroom Apartments | $965 | $679 | $1,614 |
| Faith Knoll 2 Bedroom Apartments | $1,174 | $769 | $1,872 |
| Faith Knoll 3 Bedroom Apartments | $1,494 | $1,069 | $2,179 |
| Faith Knoll 4 Bedroom Apartments | $1,775 | $1,775 | $1,775 |
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.
See all Apartments in IndianapolisExplore Indianapolis
Faith Knoll, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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 Cambridge Commons priced from $729. The Meridian North and South has the second lowest priced unit, which is a 1 Bed apartment currently listed from $734. Here are the most affordable Faith Knoll apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cambridge Commons | Studio | Studio,1BA | $729 |
| The Meridian North and South | A7S South | 1BR,1BA | $734 |
| Rosewood Commons | Studio | Studio,1BA | $755 |
| Garden Pointe Apartments | Lily Studio | Studio,1BA | $795 |
| Annhurst | One Bed One Bath | 1BR,1BA | $850 |
| Dogwood Glen | 1 Bed 1 Bath | 1BR,1BA | $855 |
| Lake Camelot Apartments | 1 Bedroom Garden | 1BR,1BA | $873 |
| Cross Creek Apartments | Mariner | 1BR,1BA | $890 |
| The Life at Creekside Reserve | CEDAR | 1BR,1BA | $900 |
| The George Apartment Homes | 1Bed/1Bath - Gold | 1BR,1BA | $909 |
Best Value Apartments for Rent in Faith Knoll, IN
As of September 16, 2026 the best value apartment in the Faith Knoll area is the $1.15 price per square foot Lilac Model at Everly at Meridian Hills in the in the Faith Knoll neighborhood starting from $1,609. The second greatest value Faith Knoll apartment is the 3 Bed, 2 Bath Model at Forest Ridge starting at $1,565 with a $1.17 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 | Lilac | 2BR,2BA | $1.15 |
| Forest Ridge | 3 Bed, 2 Bath | 3BR,2BA | $1.17 |
| The Meridian North and South | C1R North | 3BR,1.5BA | $1.26 |
| The Life at Creekside Reserve | WILLOW | 3BR,1.5BA | $1.37 |
| Edison at Meridian Hills | 2 Bedroom 1 Bath | 2BR,1BA | $1.29 |
| The Grove on Harcourt | 1x1.5 Large Renovated | 1BR,1.5BA | $1.33 |
| Lakes of Georgetown | U831-M | 1BR,1BA | $1.33 |
| Lake Camelot Apartments | 1 Bedroom Garden | 1BR,1BA | $1.25 |
| Aspen Chase | One Bedroom One Bath | 1BR,1BA | $1.36 |
| The Woods of Eagle Creek | The Creek: One Bedroom Apartment | 1BR,1BA | $1.32 |
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 ArticleNavigating 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.
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 #108
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 Cambridge Commons listed at $729.
How much is rent for a Cheap One Bedroom Faith Knoll Apartment?
The lowest price for a Cheap One Bedroom Faith Knoll Apartment is $734 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 $839 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 The Meridian North and South and starts from $1,129.
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

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.

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
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
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.