3423 Summer Breeze Cir
IndianapolisIN46239
Cheap Homes for Rent in Five Points Neighborhood of Indianapolis, IN from $1,600 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Five Points area of Indianapolis.
3324 Spring Wind Ln
IndianapolisIN46239
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.
3355 Blue Ash Ln
IndianapolisIN46239
3729 Laurel Cherry Ln
IndianapolisIN46239
8256 Spring Wind Dr
IndianapolisIN46239
3446 Hapsburg Way
IndianapolisIN46239
2879 Wolfgang Way
IndianapolisIN46239
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.
2833 Wolfgang Dr
IndianapolisIN46239
3311 Summer Breeze Ln
IndianapolisIN46239
3115 Black Forest Ln
IndianapolisIN46239
Showing Results 1-10, Page 1 of 1
Five Points, Indianapolis, IN Local Guide
How much does it cost to rent a home in Five Points?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Five Points 3 Bedroom Homes for Rent | $1,764 | $1,615 | $2,075 |
| Five Points 4 Bedroom Homes for Rent | $1,981 | $1,695 | $2,135 |
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Five Points Neighborhood of Indianapolis, IN.
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Five Points, Indianapolis, IN Local Guide
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Cheapest Available Five Points Apartments for Rent
The cheapest available apartment rental in the Five Points area of Indianapolis, IN is a 1 Bed unit found at Heathmoore - Indianapolis priced from $865. Churchman Woods has the second lowest priced unit, which is a 2 Beds apartment currently listed from $945. Here are the most affordable Five Points apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Heathmoore - Indianapolis | 1 Bed 1 Bath | 1BR,1BA | $865 |
| Churchman Woods | 2 BEDROOM | 2BR,1BA | $945 |
| Indy 7925 | A1- 1x1 | 1BR,1BA | $1,146 |
Best Value Apartments for Rent in Five Points, IN
As of September 12, 2025 the best value apartment in the Five Points area is the $1.36 price per square foot 3 Bedroom Model at Park View at Beech Grove in the in the Southeast Indianapolis neighborhood starting from $1,627. The second greatest value Five Points apartment is the A1-LR Model at The 85Twenty starting at $1,322 with a $1.64 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Five Points apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Park View at Beech Grove | 3 Bedroom | 3BR,2.5BA | $1.36 |
| The 85Twenty | A1-LR | 1BR,1BA | $1.64 |
| Churchman Woods | 2 BEDROOM | 2BR,1BA | $1.30 |
| Indy 7925 | A1R- 1x1 | 1BR,1BA | $1.68 |
| Heathmoore - Indianapolis | 1 Bed 1 Bath | 1BR,1BA | $1.50 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleFive Points, Indianapolis, IN
Ranked #187
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Five Points
What type of rentals are currently available in Five Points?
There are currently 14 Apartments for Rent in Five Points, IN with pricing that ranges from $675 to $1,980. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Five Points ranging from $1,615 to $2,135.
What is the current price range for Rental Homes in Five Points?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Five Points ranges from $1,615 to $2,135 with an average monthly rent of $1,872.
How much are larger Three and Four Bedroom Rentals in Five Points?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Five Points range from $1,612 to $1,879, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,615 to $2,075. Four Bedroom Single-Family rentals are also available starting from $1,695 and Four Bedroom Apartments start at $1,503.
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 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.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.