Cheap Apartments for Rent in the Forest Manor Neighborhood of Indianapolis, IN from $500 (18 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Forest Manor area of Indianapolis.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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New Bridge Apartments
Studio to 4 Bedroom Apartments

New Bridge Apartments

2372 Beckwith DrIndianapolis, IN 46218
  • Utilities Included
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Emerson Place
1 to 3 Bedroom Apartments

Emerson Place

2110 Emerson Knoll PlIndianapolis, IN 46218
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Sherman Forest
Studio to 4 Bedroom Apartments

Sherman Forest

3615 Sherman Forest DrIndianapolis, IN 46205

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.

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3825 N Whittier Pl
1 Bedroom Apartments

3825 N Whittier Pl

3825 N Whittier PlIndianapolis, IN 46226
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East Ridge
1 to 3 Bedroom Apartments

East Ridge

2302 N Ritter AveIndianapolis, IN 46218
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Hopeside I
2 Bedroom Apartments

Hopeside I

2005 E 25th StIndianapolis, IN 46218
Senior Living

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Frederick Square
1 to 2 Bedroom Apartments

Frederick Square

6020 E 30th StIndianapolis, IN 46218
  • Utilities Included

Forest Manor, Indianapolis, IN Local Guide

Cheapest Available Forest Manor Apartments for Rent

 

The cheapest available apartment rental in the Forest Manor area of Indianapolis, IN is a 2 Beds unit found at East Village at Avondale Meadows Apartments priced from $579. Indy Town Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $722. Here are the most affordable Forest Manor apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
East Village at Avondale Meadows ApartmentsB32BR,2BA$579
Indy Town ApartmentsArlington Green 1 bedroom1BR,1BA$722
Hopeside I2.2-50%2BR,2BA$745
Chateau De VilleBordeauxStudio,1BA$863
Greenway ApartmentsGreenway 2 bedroom2BR,1BA$925

Best Value Apartments for Rent in Forest Manor, IN

As of July 14, 2025 the best value apartment in the Forest Manor area is the $1.04 price per square foot 2 Bed/2 Ba Den Up Model at Fallwood in the in the United Northeast neighborhood starting from $1,357. The second greatest value Forest Manor apartment is the Pebble Model at 7 Pointe Apartments starting at $1,299 with a $1.12 price per square foot in the United Northeast neighborhood. Here is today’s list of the best values for Forest Manor apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fallwood2 Bed/2 Ba Den Up2BR,2BA$1.04
7 Pointe ApartmentsPebble3BR,2BA$1.12
Hopeside I2.2-50%2BR,2BA$0.81
Heritage Apartments2 Beds, 1 Baths2BR,1BA$1.31
Greenway ApartmentsGreenway 2 bedroom2BR,1BA$1.09
Harbour PointeThe Hideaway1BR,1BA$1.43
East Village at Avondale Meadows ApartmentsA21BR,1BA$1.32
Frederick SquareFrederick Square 1 bedroom1BR,1BA$1.13
Indy Town ApartmentsArlington Green 2 bedroom2BR,1BA$1.19
5126 East 21st St, Unit Indy prop 35126 East 21st St1BR,1BA$1.27

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Pet Friendly Lifestyle
Forest Manor, Indianapolis, IN

Ranked #238

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Forest Manor Neighborhood in Indianapolis, IN

Walk Score®

50 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

43 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

38 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Forest Manor Apartments

How much is rent for a Cheap One Bedroom Forest Manor Apartment?

The lowest price for a Cheap One Bedroom Forest Manor Apartment is $693 at East Village at Avondale Meadows Apartments.

What is the lowest price for a Cheap Two Bedroom Forest Manor Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Forest Manor is starting from $579 at East Village at Avondale Meadows Apartments.

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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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.

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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.

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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.