Cheap Homes for Rent in Faith Knoll Neighborhood of Indianapolis, IN from $1,500 (2 Rentals)

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

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.

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.

Faith Knoll, Indianapolis, IN Local Guide

Best Value Apartments for Rent in Faith Knoll, IN

As of September 19, 2025 the best value apartment in the Faith Knoll area is the $1.06 price per square foot Lilac Model at Everly at Meridian Hills in the in the Faith Knoll neighborhood starting from $1,489. 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.
Everly at Meridian HillsLilac2BR,2BA$1.06
Private Reserve TownhomesThe Newburgh2BR,1.5BA$1.07
Aspen ChaseTwo Bedroom 1.5 Bath TH2BR,1.5BA$1.40
Westbury CourtTwo Bedroom One Bathroom (CN1)2BR,1BA$1.04
Edison at Meridian Hills1 Bedroom 1.5 Bath1BR,1.5BA$1.10
Park Place Apartments2 Bedroom Remodeled2BR,1BA$1.26
The Grove on Harcourt1 Bed 1.5 Bath Large Apartment - Reno1BR,1.5BA$1.25
Covered BridgeOne Bedroom One Bath1BR,1BA$1.21
Lake Camelot Apartments1 Bedroom Garden1BR,1BA$1.20
Estates at Crystal BayOne Bedroom One Bath1BR,1BA$1.33

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Faith Knoll, Indianapolis, IN

Ranked #101

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Faith Knoll

What type of rentals are currently available in Faith Knoll?

There are currently 59 Apartments for Rent in Faith Knoll, IN with pricing that ranges from $705 to $2,329. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Faith Knoll ranging from $1,595 to $2,495.

What is the current price range for Rental Homes in Faith Knoll?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Faith Knoll ranges from $1,595 to $2,495 with an average monthly rent of $2,057.

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.

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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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.