
Cheap Homes for Rent in Garfield Park Neighborhood of Indianapolis, IN from $300 (19 Rentals)
Search the lowest-cost Homes available for rent right now in the Garfield Park area of Indianapolis.


340 Prospect St

528 E Raymond St

336 Prospect St

1442-1444 S Richland St

2826 S Pennsylvania St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

906 Laurel St

1637 S State Ave

1320 1/2 Norton Ave

1320 1/2 Norton Ave, Unit 2

2633 S Randolph St

1626 Lawton Ave
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.

1604 E Kelly St

1339 W Lee St

823 Iowa St

1619 S Randolph St

1737 Terrace Ave

2231 Union St
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.

1620 Palmer St
Garfield Park, Indianapolis, IN Local Guide

How much does it cost to rent a home in Garfield Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Garfield Park 2 Bedroom Homes for Rent | $1,469 | $875 | $2,500 |
| Garfield Park 3 Bedroom Homes for Rent | $1,823 | $1,195 | $3,520 |
| Garfield Park 4 Bedroom Homes for Rent | $2,699 | $1,600 | $4,750 |
| Garfield Park 5 Bedroom Homes for Rent | $2,197 | $1,995 | $2,400 |
Browse Homes for Rent in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Garfield Park Neighborhood of Indianapolis, IN.
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Garfield Park, Indianapolis, IN Local Guide
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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 Garfield Park Village priced from $774. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Garfield Park Village | 1/1 Classic | 1BR,1BA | $774 |
| One Somerset | One Somerset - 1 Bed/1 Bath* Call about our Mov... | 2BR,1BA | $775 |
| Spicewood | Studio | Studio,1BA | $799 |
| Pine Glen | Cedar Vintage | 1BR,1BA | $799 |
| Volrath | 1BR/1.0BA | 1BR,1BA | $825 |
Best Value Apartments for Rent in Garfield Park, IN
As of June 06, 2026 the best value apartment in the Garfield Park area is the $1.49 price per square foot 4 Beds, 4 Baths Model at 818-820 S Union St in the in the Concord neighborhood starting from $3,900. The second greatest value Garfield Park apartment is the Two Bedroom 1.5 Bath Model at Fox Club starting at $1,100 with a $1.10 price per square foot in the Shelby Street-Epler Avenue neighborhood. Here is today’s list of the best values for Garfield Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 818-820 S Union St | 4 Beds, 4 Baths | 4BR,4BA | $1.49 |
| Fox Club | Two Bedroom 1.5 Bath | 2BR,1.5BA | $1.10 |
| Emhardt Apartments | 2BR/1.0BA | 2BR,1BA | $1.26 |
| Capital Place | Two Bedroom One Bath TH | 2BR,1BA | $1.13 |
| The Assumption on Blaine | 1 Bed 1 Bath | 1BR,1BA | $1.31 |
| Pine Glen | Oak Renovated | 2BR,1BA | $1.41 |
| Welcome to Dawson Village – Welcome Home! | 2 BR/1 BA - Partial Remodeled Flat | 2BR,1BA | $1.35 |
| Madison Lofts | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.44 |
| Garfield Park Village | 2/1 Renovated | 2BR,1BA | $1.61 |
| Volrath | 1BR/1.0BA | 1BR,1BA | $1.38 |
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 ArticleYour 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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Pet Friendly LifestyleGarfield Park, Indianapolis, IN
Ranked #181
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Garfield Park
What type of rentals are currently available in Garfield Park?
There are currently 108 Apartments for Rent in Garfield Park, IN with pricing that ranges from $774 to $15,534. There are also 115 Single Family Homes for rent, Condos, and Townhome rentals currently available in Garfield Park ranging from $355 to $4,750.
What is the current price range for Rental Homes in Garfield Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Garfield Park ranges from $355 to $4,750 with an average monthly rent of $1,745.
How much are larger Three and Four Bedroom Rentals in Garfield Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Garfield Park range from $995 to $4,188, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $3,520. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $1,095.
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

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.

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.

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.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.