Cheap Apartments for Rent in the Forest Manor Neighborhood of Indianapolis, IN from $500 (35 Rentals)

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

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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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
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Hopeside I
2 Bedroom Apartments

Hopeside I

2005 E 25th StIndianapolis, IN 46218
Senior Living

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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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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Frederick Square
1 to 2 Bedroom Apartments

Frederick Square

6020 E 30th StIndianapolis, IN 46218
  • Utilities Included

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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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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Showing Results 1-35, 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 1 Bed unit found at Frederick Square priced from $759. Indy Town Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here are the most affordable Forest Manor apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Frederick SquareFrederick Square 1 bedroom1BR,1BA$759
Indy Town ApartmentsGreenway 1 bedroom1BR,1BA$795
Greenway ApartmentsGreenway 1 bedroom1BR,1BA$795
East Village at Avondale Meadows ApartmentsB12BR,2BA$829
Hopeside I2.2-40%-H2BR,2BA$852
The Prairies Apartment Homes1x1 Classic1BR,1BA$879
Chateau De VilleBordeauxStudio,1BA$923
7 Pointe ApartmentsAdmiral1BR,1BA$969
Harbour PointeThe Cove1BR,1BA$1,099
Fallwood2 Bed/2Ba Up2BR,2BA$1,099

Best Value Apartments for Rent in Forest Manor, IN

As of December 24, 2025 the best value apartment in the Forest Manor area is the $1.15 price per square foot 2 Bed/2Ba Den W/D Up Model at Fallwood in the in the United Northeast neighborhood starting from $1,495. The second greatest value Forest Manor apartment is the B2 Model at East Village at Avondale Meadows Apartments starting at $1,225 with a $1.14 price per square foot in the Martindale 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/2Ba Den W/D Up2BR,2BA$1.15
East Village at Avondale Meadows ApartmentsB22BR,2BA$1.14
Hopeside I2.2-40%2BR,2BA$0.93
Heritage Apartments2 Beds, 1 Baths2BR,1BA$1.31
Willow BrookTwo Bedroom One Bath2BR,1BA$1.37
7 Pointe ApartmentsAdmiral1BR,1BA$1.36
Frederick SquareFrederick Square 1 bedroom1BR,1BA$1.08
Indy Town ApartmentsGreenway 1 bedroom1BR,1BA$1.20
Greenway ApartmentsGreenway 1 bedroom1BR,1BA$1.20
The Prairies Apartment Homes1x1 Classic1BR,1BA$1.37

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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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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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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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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 $759 at Frederick Square.

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 $798 at Indy Town Apartments.

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.

Articles, How-To's, and Tips

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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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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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!