
Cheap Apartments for Rent in the Grace Tuxedo Park Neighborhood of Indianapolis, IN from $300 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Grace Tuxedo Park area of Indianapolis.


618 N Euclid Ave

Colonial Park
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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.

856 N Bradley Ave

1106 N Gale St

415 N Oxford St
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.
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 | $850 | $539 | $1,159 |
| Grace Tuxedo Park 2 Bedroom Apartments | $1,004 | $648 | $1,396 |
| Grace Tuxedo Park 3 Bedroom Apartments | $1,113 | $875 | $1,349 |
| Grace Tuxedo Park 4 Bedroom Apartments | $1,072 | $895 | $1,250 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 1 mile radius of the Grace Tuxedo Park Neighborhood of Indianapolis, IN.
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Cheapest Available Grace Tuxedo Park Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Courts Apartment Homes | 2x1 Classic | 2BR,1BA | $899 |
| Minnie Hartman | The Violet 50% | 1BR,1BA | $910 |
Best Value Apartments for Rent in Grace Tuxedo Park, IN
As of February 01, 2026 the best value apartment in the Grace Tuxedo Park area is the $1.31 price per square foot The Lillie 50% Model at Minnie Hartman in the in the Martindale neighborhood starting from $1,147. The second greatest value Grace Tuxedo Park apartment is the 2x1 Classic Model at The Courts Apartment Homes starting at $899 with a $1.15 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. |
|---|---|---|---|
| Minnie Hartman | The Lillie 50% | 2BR,1BA | $1.31 |
| The Courts Apartment Homes | 2x1 Classic | 2BR,1BA | $1.15 |
Frequently Asked Questions about Cheap Grace Tuxedo Park Apartments
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 2 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
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.

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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

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.

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.

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.

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.