Cheap Homes for Rent in Garfield Park Neighborhood of Indianapolis, IN from $300 (22 Rentals)

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Search the lowest-cost Homes available for rent right now in the Garfield Park 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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property at 117 E Palmer St

117 E Palmer St

IndianapolisIN46225
property at 340 Prospect St

340 Prospect St

IndianapolisIN46225

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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 Garfield Park Village priced from $779. Pine Glen has the second lowest priced unit, which is a 1 Bed apartment currently listed from $945. Here are the most affordable Garfield Park apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Garfield Park Village1/1 Vintage1BR,1BA$779
Pine GlenCedar Renovated1BR,1BA$945
Welcome to Dawson Village – Welcome Home!2 BR/1 BA - TOWN HOME2BR,1BA$999
One Somerset Apartments2 Bedroom 1 Bathroom2BR,1BA$1,025
The Assumption on Blaine1 Bed 1 Bath1BR,1BA$1,030

Best Value Apartments for Rent in Garfield Park, IN

As of September 11, 2025 the best value apartment in the Garfield Park area is the $1.26 price per square foot M Model at Wheeler Lofts in the in the Concord neighborhood starting from $1,871. The second greatest value Garfield Park apartment is the 2 Bed 2 Bath Model at The Assumption on Blaine starting at $1,775 with a $1.35 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.
Wheeler LoftsM2BR,1BA$1.26
The Assumption on Blaine2 Bed 2 Bath2BR,2BA$1.35
Capital PlaceThree Bedroom 1.5 Bath TH w/Den3BR,1.5BA$1.16
Fountain Square Townhomes2 Bed 1.5 Bath2BR,1.5BA$1.35
Fox ClubTwo Bedroom Two Bath2BR,2BA$1.13
Emhardt Apartments2BR/1.0BA2BR,1BA$1.32
Welcome to Dawson Village – Welcome Home!2 BR/1 BA - TOWN HOME2BR,1BA$1.11
Madison LoftsThe Villa 2x12BR,1BA$1.44
2209 Ransdell St, Unit 1012209 Ransdell St2BR,1BA$1.31
One Somerset Apartments2 Bedroom 1 Bathroom2BR,1BA$1.39

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
Garfield Park, Indianapolis, IN

Ranked #134

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Garfield Park

What type of rentals are currently available in Garfield Park?

There are currently 92 Apartments for Rent in Garfield Park, IN with pricing that ranges from $779 to $8,109. There are also 113 Single Family Homes for rent, Condos, and Townhome rentals currently available in Garfield Park ranging from $550 to $4,799.

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 $550 to $4,799 with an average monthly rent of $1,924.

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.

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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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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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.