Cheap Homes for Rent in Garfield Park Neighborhood of Indianapolis, IN from $500 (33 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 336 Prospect St

$795 - $895

1 Bedroom Rentals

Available Now

336 Prospect St

IndianapolisIN46225

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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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.

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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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property at 821 Iowa St

$1,100

2 Bedroom Rentals

Available Now

821 Iowa St

IndianapolisIN46203
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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 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 SomersetOne Somerset - 1 Bed/1 Bath2BR,1BA$775
SpicewoodStudioStudio,1BA$849
Welcome to Dawson Village – Welcome Home!2 BR/1 BA - FLATS2BR,1BA$899
Fox ClubOne Bedroom One Bath1BR,1BA$909
Garfield Park Village2/1 Vintage2BR,1BA$951
Capital PlaceTwo Bedroom One Bath2BR,1BA$1,009
The Assumption on Blaine1 Bed 1 Bath1BR,1BA$1,030
Emhardt Apartments2BR/1.0BA2BR,1BA$1,095

Best Value Apartments for Rent in Garfield Park, IN

As of December 28, 2025 the best value apartment in the Garfield Park area is the $1.35 price per square foot 2 Bed 2 Bath Model at The Assumption on Blaine in the in the Concord neighborhood starting from $1,775. The second greatest value Garfield Park 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 Garfield Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Assumption on Blaine2 Bed 2 Bath2BR,2BA$1.35
Fountain Square Townhomes2 Bed 1.5 Bath2BR,1.5BA$1.35
Hanna VillageCambridge3BR,2BA$1.45
Emhardt Apartments2BR/1.0BA2BR,1BA$1.21
Fox ClubOne Bedroom One Bath1BR,1BA$1.14
Capital PlaceTwo Bedroom One Bath2BR,1BA$1.34
Pine GlenOak Renovated2BR,1BA$1.47
Welcome to Dawson Village – Welcome Home!Brand New Double2BR,1BA$1.43
Volrath0BR/1.0BAStudio ,1BA$1.29
One SomersetOne Somerset - 1 Bed/1 Bath1BR,1BA$1.29

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
Garfield Park, Indianapolis, IN

Ranked #96

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

Pet Friendliness Lifestyle Score

3.5
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 96 Apartments for Rent in Garfield Park, IN with pricing that ranges from $649 to $27,933. There are also 140 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 $1,606.

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 $1,399 to $4,560, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $2,299.

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

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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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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.

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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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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!