
Cheap Apartments for Rent in the Grace Tuxedo Park Neighborhood of Indianapolis, IN from $300 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Grace Tuxedo Park area of Indianapolis.


816-818 N Bancroft St

890 N Gladstone Ave

31 S Lasalle St

1106 N Gale St

856 N Bradley Ave

854 N Bradley Ave

5045 E 10th St
Grace Tuxedo Park, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Grace Tuxedo Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grace Tuxedo Park 1 Bedroom Apartments | $759 | $645 | $815 |
| Grace Tuxedo Park 2 Bedroom Apartments | $1,003 | $795 | $1,429 |
| Grace Tuxedo Park 3 Bedroom Apartments | $1,405 | $1,295 | $1,495 |
| Grace Tuxedo Park 4 Bedroom Apartments | $1,495 | $1,495 | $1,495 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 1 mile radius of the Grace Tuxedo Park Neighborhood of Indianapolis, IN.
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Grace Tuxedo Park, Indianapolis, IN Local Guide
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Cheapest Available Grace Tuxedo Park Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Courts Apartment Homes | 1x1 | 1BR,1BA | $799 |
| Minnie Hartmann Center | The Lucy 40% | 2BR,1BA | $931 |
Best Value Apartments for Rent in Grace Tuxedo Park, IN
As of October 26, 2025 the best value apartment in the Grace Tuxedo Park area is the $0.81 price per square foot 1121 N Dearborn St Model at 1121 N Dearborn St, Unit 1121 N Dearborn in the in the Martindale neighborhood starting from $1,100. The second greatest value Grace Tuxedo Park apartment is the The Alma 50% Model at Minnie Hartmann Center starting at $1,180 with a $1.48 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for Grace Tuxedo Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1121 N Dearborn St, Unit 1121 N Dearborn | 1121 N Dearborn St | 2BR,1.5BA | $0.81 |
| Minnie Hartmann Center | The Alma 50% | 2BR,1BA | $1.48 |
| The Courts Apartment Homes | 1x1 | 1BR,1BA | $1.45 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleGrace Tuxedo Park, Indianapolis, IN
Ranked #225
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Grace Tuxedo Park Neighborhood in Indianapolis, IN
Walk Score®
66 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
60 / 100
Bikeable
Some bike infrastructure
Transit Score®
37 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Grace Tuxedo Park Apartments
What is the price of a cheap apartment in Grace Tuxedo Park?
The cheapest apartment in Grace Tuxedo Park is The Courts Apartment Homes which is listed at $799, while the average apartment in Grace Tuxedo Park costs $1,495.
What types of apartments are the cheapest in Grace Tuxedo 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 3 regular apartments in Grace Tuxedo Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.
