
Cheap Homes for Rent in Fountain Square Neighborhood of Indianapolis, IN from $700 (27 Rentals)
Search the lowest-cost Homes available for rent right now in the Fountain Square area of Indianapolis.


2218 Pleasant St

2218 Pleasant St

1609 S Randolph St

1940 Shelby St

1948 Shelby St
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1910 Southeastern Ave

2002 Shelby St

2106 Singleton St
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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.

336 Prospect St

1912 Southeastern Ave

2011 Applegate St

340 Prospect St

1874 Barth Ave

1619 S Randolph St

1512 English Ave

1630 Iowa St

824 Harlan St
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1048 High St

1823 Hoyt Ave

501 Madison Ave
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1645 Asbury St

1034 St Paul St

1718 Southeastern Ave

746 Orange St

1011 Dreier Pl

302 S Randolph St
Fountain Square, Indianapolis, IN Local Guide

How much does it cost to rent a home in Fountain Square?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Fountain Square 2 Bedroom Homes for Rent | $1,727 | $900 | $3,850 |
Fountain Square 3 Bedroom Homes for Rent | $1,945 | $1,050 | $3,300 |
Fountain Square 4 Bedroom Homes for Rent | $3,095 | $2,550 | $4,000 |
Fountain Square 5 Bedroom Homes for Rent | $1,996 | $1,445 | $2,695 |
Browse Homes for Rent in this Neighborhood
There are currently 27 rentals with your search options within a 1 mile radius of the Fountain Square Neighborhood of Indianapolis, IN.
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Fountain Square, Indianapolis, IN Local Guide
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Cheapest Available Fountain Square Apartments for Rent
 The cheapest available apartment rental in the Fountain Square area of Indianapolis, IN is a 1 Bed unit found at Madison Lofts priced from $830. Lofts on Madison has the second lowest priced unit, which is a Studio apartment currently listed from $999. Here are the most affordable Fountain Square apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Madison Lofts | 1x1 597sf | 1BR,1BA | $830 |
Lofts on Madison | Studio | Studio,1BA | $999 |
Rise on Meridian | The Amelia | Studio,1BA | $1,256 |
Mozzo apartments | Modern Studio, Steps Away from Downtown and Fou... | Studio,1BA | $1,299 |
The Vue | ONE BEDROOM APARTMENT | 1BR,1BA | $1,311 |
Five Twenty Virginia | E | 1BR,1BA | $1,333 |
CityWay | Clark | 1BR,1BA | $1,360 |
Wheeler Lofts | R | 1BR,1BA | $1,549 |
Union Square | The Cairo | 1BR,1BA | $1,585 |
Fountain Square Townhomes | 2 Bed 1.5 Bath | 2BR,1BA | $1,619 |
Best Value Apartments for Rent in Fountain Square, IN
As of August 02, 2025 the best value apartment in the Fountain Square area is the $1.73 price per square foot C5 Model at Pinnex in the in the Wholesale District neighborhood starting from $2,599. The second greatest value Fountain Square apartment is the 2 Bed 1.5 Bath Model at Fountain Square Townhomes starting at $1,619 with a $1.35 price per square foot in the Concord neighborhood. Here is today’s list of the best values for Fountain Square apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Pinnex | C5 | 3BR,2.5BA | $1.73 |
Fountain Square Townhomes | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.35 |
Wheeler Lofts | R | 1BR,1BA | $1.37 |
Union Square | The Christie Furnished | 1BR,1BA | $2.68 |
The Vue | STUDIO APARTMENT | Studio ,1BA | $1.85 |
2133 Napoleon St, Unit B | 2133 Napoleon St | 1BR,1BA | $2.53 |
Five Twenty Virginia | E | 1BR,1BA | $2.05 |
Mozzo apartments | Live in The Heart of Fountain-Fletcher Arts Dis... | 1BR,1BA | $2.22 |
Madison Lofts | 1x1 590sf | 1BR,1BA | $1.85 |
Lofts on Madison | Studio | Studio ,1BA | $1.82 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Fountain Square
What type of rentals are currently available in Fountain Square?
There are currently 68 Apartments for Rent in Fountain Square, IN with pricing that ranges from $830 to $9,050. There are also 79 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fountain Square ranging from $750 to $4,000.
What is the current price range for Rental Homes in Fountain Square?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Fountain Square ranges from $750 to $4,000 with an average monthly rent of $1,833.
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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.