Cheap Apartments for Rent in the Garfield Park Neighborhood of Indianapolis, IN from $500 (53 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 1421 E Edwards Ave

$720

Total Monthly Price

Total Monthly Price

Base Rent
$720
Total Monthly Price
$720

1 Bedroom, 1 Bath Home for Rent

Available Aug 1

1421 E Edwards Ave

IndianapolisIN46227

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.

Read Article

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.

Read Article
property at 823 Iowa St

$1,100

2 Bedroom Rentals

Available Now

823 Iowa St

IndianapolisIN46203
close
View Me
Rosedale Hills
Studio to 3 Bedroom Apartments

Rosedale Hills

2139 E Hanna AveIndianapolis, IN 46227
close
View Me
Garfield Place
2 Bedroom Apartments

Garfield Place

2236 Ransdell StIndianapolis, IN 46225
  • Utilities Included

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

Read Article
property at 336 Prospect St

$745 - $845

1 Bedroom Rentals

Available Now

336 Prospect St

IndianapolisIN46225
property at 1518 Howard St

$800 - $1,350

1 To 3 Bedroom Rentals

Available Now

1518 Howard St

IndianapolisIN46221
close
View Me
Spicewood
Studio to 2 Bedroom Apartments

Spicewood

354 Spicewood DrIndianapolis, IN 46227

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.

Read Article
close
View Me
1354 Shelby St
1 Bedroom Apartments

1354 Shelby St

1354 Shelby StIndianapolis, IN 46203

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.

Read Article
Showing Results 1-50, Page 1 of 2

Garfield Park, Indianapolis, IN Local Guide

Cheapest Available Garfield Park Apartments for Rent

 

The cheapest available apartment rental in the Garfield Park area of Indianapolis, IN is a 1 Bed unit found at Volrath priced from $649. One Somerset has the second lowest priced unit, which is a 2 Beds apartment currently listed from $775. Here are the most affordable Garfield Park apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Volrath**Free Month of Rent ** 128 E Palmer St - Studio1BR,1BA$649
One Somerset*ACT NOW- Price Drop* One Somerset - 1 Bed/1 Ba...2BR,1BA$775
Garfield Park Village1/1 Vintage1BR,1BA$794
SpicewoodStudioStudio,1BA$849
Capital PlaceOne Bedroom One Bath TH1BR,1BA$884
Madison LoftsThe Flat 1x11BR,1BA$899
The Assumption on Blaine1 Bed 1 Bath1BR,1BA$900
Fox ClubOne Bedroom One Bath1BR,1BA$915
Emhardt Apartments1BR/1.0BA1BR,1BA$995
Welcome to Dawson Village – Welcome Home!Brand New Double2BR,1BA$999

Best Value Apartments for Rent in Garfield Park, IN

As of February 24, 2026 the best value apartment in the Garfield Park area is the $1.12 price per square foot 2 Bed 2 Bath Model at The Assumption on Blaine in the in the Concord neighborhood starting from $1,475. The second greatest value Garfield Park apartment is the H.2 Model at Wheeler Lofts starting at $1,538 with a $1.44 price per square foot in the Concord neighborhood. Here is today’s list of the best values for Garfield Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Assumption on Blaine2 Bed 2 Bath2BR,2BA$1.12
Wheeler LoftsH.21BR,1BA$1.44
Hanna VillageConcord2BR,1BA$1.54
Pine GlenRedwood Vintage2BR,1BA$1.17
Fox ClubOne Bedroom One Bath1BR,1BA$1.14
Capital PlaceTwo Bedroom One Bath2BR,1BA$1.35
Emhardt Apartments1BR/1.0BA1BR,1BA$1.34
Welcome to Dawson Village – Welcome Home!Brand New Double2BR,1BA$1.43
Madison LoftsThe Flat 1x11BR,1BA$1.44
Volrath1BR/1.0BA1BR,1BA$1.46

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Garfield Park, Indianapolis, IN

Ranked #120

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap Garfield Park Apartments

What is a cheap apartment in Garfield Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Garfield Park is under $999.

What is the price of a cheap apartment in Garfield Park?

The cheapest apartment in Garfield Park is Volrath which is listed at $649, while the average apartment in Garfield Park costs $12,602.

What types of apartments are the cheapest in Garfield Park?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 10 regular apartments in Garfield Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Garfield Park?

Cheap apartments in Garfield Park have an average cost of $222 which is $12,380 cheaper than the average rent for all rentals in Garfield Park.

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.

Helpful Local Expert Guides

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.

decorative image for Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters article

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Written by: Wendy Melton

Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

decorative image for Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods article

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Written by: Wendy Melton

My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

Articles, How-To's, and Tips

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.