Cheap Apartments for Rent in the Forest Manor Neighborhood of Indianapolis, IN from $500 (30 Rentals)

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

property at 5959 E 24th St

5959 E 24th St

IndianapolisIN46218

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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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

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.

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Hopeside I
2 Bedroom Apartments

Hopeside I

2005 E 25th StIndianapolis, IN 46218
Senior Living
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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

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.

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Frederick Square
1 to 2 Bedroom Apartments

Frederick Square

6020 E 30th StIndianapolis, IN 46218
  • Utilities Included

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Showing Results 1-30, Page 1 of 1

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 2 Beds apartment currently listed from $798. 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 2 bedroom2BR,1BA$798
Hopeside I2.2-40%-H2BR,2BA$852
Frederick SquareFrederick Square 2 bedroom2BR,1BA$870
Greenway ApartmentsGreenway 2 bedroom2BR,1BA$925
Fallwood1 Bed/1.5 Ba Dn1BR,1BA$1,090
Harbour PointeThe Cove1BR,1BA$1,099
Willow BrookTwo Bedroom One Bath2BR,1BA$1,099
7 Pointe ApartmentsGarnet2BR,2BA$1,119

Best Value Apartments for Rent in Forest Manor, IN

As of October 13, 2025 the best value apartment in the Forest Manor area is the $1.18 price per square foot C2 Model at East Village at Avondale Meadows Apartments in the in the Martindale neighborhood starting from $1,525. The second greatest value Forest Manor apartment is the Garnet Model at 7 Pointe Apartments starting at $1,119 with a $1.04 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.
East Village at Avondale Meadows ApartmentsC23BR,2BA$1.18
7 Pointe ApartmentsGarnet2BR,2BA$1.04
Hopeside I2.2-40%2BR,2BA$0.93
Frederick SquareFrederick Square 2 bedroom2BR,1BA$0.98
Heritage Apartments2 Beds, 1 Baths2BR,1BA$1.31
Greenway ApartmentsGreenway 2 bedroom2BR,1BA$1.09
Willow BrookTwo Bedroom One Bath2BR,1BA$1.37
Fallwood1 Bed/1.5 Ba Dn1BR,1.5BA$1.43
Indy Town ApartmentsArlington Green 2 bedroom2BR,1BA$1.16
2945 Schofield Ave, Unit 29452945 Schofield Ave2BR,1BA$1.48

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Pet Friendly Lifestyle
Forest Manor, Indianapolis, IN

Ranked #246

Among cities in Indiana 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®

49 / 100

Car-Dependent

Most errands require a car

Bike Score®

43 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

38 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.