8340 Weathervane Cir
IndianapolisIN46239
Cheap Homes for Rent in the Five Points Neighborhood of Indianapolis, IN from $1,610 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Five Points area of Indianapolis.
7847 Danube St
IndianapolisIN46239
3222 Black Forest Ln
IndianapolisIN46239
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3249 Cork Bend Dr
IndianapolisIN46239
7748 Danube St
IndianapolisIN46239
8045 Bach Dr
IndianapolisIN46239
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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 | $1,851 | $1,610 | $2,095 |
| Five Points 4 Bedroom Homes for Rent | $1,986 | $1,785 | $2,165 |
| Five Points 5 Bedroom Homes for Rent | $2,429 | $2,429 | $2,429 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Five Points Neighborhood of Indianapolis, IN.
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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 Churchman Woods priced from $845. Heathmoore - Indianapolis has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,135. Here are the most affordable Five Points apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Churchman Woods | 1 BEDROOM | 1BR,1BA | $845 |
| Heathmoore - Indianapolis | 1 Bed 1 Bath | 1BR,1BA | $1,135 |
| The 85Twenty | A1-LP | 1BR,1BA | $1,333 |
Best Value Apartments for Rent in Five Points, IN
As of September 12, 2026 the best value apartment in the Five Points area is the $1.34 price per square foot 3 Bedroom Model at Park View at Beech Grove in the in the Southeast Indianapolis neighborhood starting from $1,612. The second greatest value Five Points apartment is the A1-LP Model at The 85Twenty starting at $1,333 with a $1.65 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 | $1.34 |
| The 85Twenty | A1-LP | 1BR,1BA | $1.65 |
| Indy 7925 | A1R- 1x1 | 1BR,1BA | $1.98 |
| Heathmoore - Indianapolis | 1 Bed 1 Bath | 1BR,1BA | $1.97 |
| Churchman Woods | 1 BEDROOM | 1BR,1BA | $1.61 |
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 $845 to $1,807. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Five Points ranging from $1,610 to $2,429.
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 $1,610 to $2,429 with an average monthly rent of $1,944.
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 $1,549 to $1,782, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,610 to $2,095. Four Bedroom Single-Family rentals are also available starting from $1,785 and Four Bedroom Apartments start at $1,486.
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.
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