3455 Summer Breeze Ln
IndianapolisIN46239
Cheap Homes for Rent in Five Points Neighborhood of Indianapolis, IN from $1,600 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Five Points area of Indianapolis.
7850 States Bend Dr
IndianapolisIN46239
3215 Brandenburg Dr
IndianapolisIN46239
3324 Spring Wind Ln
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.
7941 States Bend Dr
IndianapolisIN46239
8130 Grove Berry Dr
IndianapolisIN46239
3115 Black Forest Ln
IndianapolisIN46239
8105 Whistlewood Dr
IndianapolisIN46239
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
3734 Laurel Cherry Ln
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 | $1,790 | $1,615 | $2,050 |
| Five Points 4 Bedroom Homes for Rent | $1,913 | $1,689 | $2,150 |
Browse Homes for Rent in this Neighborhood
There are currently 9 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 The 85Twenty priced from $1,284. Indy 7925 has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,392. Here are the most affordable Five Points apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The 85Twenty | A1-L | 1BR,1BA | $1,284 |
| Indy 7925 | B2R- 2x2 | 2BR,2BA | $1,392 |
| Park View at Beech Grove | 3 Bedroom | 3BR,2BA | $1,627 |
Best Value Apartments for Rent in Five Points, IN
As of July 29, 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 $1,360 with a $1.68 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 | $1.68 |
| Indy 7925 | A1R- 1x1 | 1BR,1BA | $2.00 |
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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 $1,884. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Five Points ranging from $1,615 to $2,150.
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 $2,150 with an average monthly rent of $1,851.
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 $1,609 to $1,884, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,615 to $2,050. Four Bedroom Single-Family rentals are also available starting from $1,689 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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.