Cheap Homes for Rent in the Grace Tuxedo Park Neighborhood of Indianapolis, IN from $525 (25 Rentals)

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Search the lowest-cost Homes available for rent right now in the Grace Tuxedo Park area of Indianapolis.

property at 318 N Sherman Dr
$525
Studio Rentals
Available Now
Affordability

318 N Sherman Dr

IndianapolisIN46201

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property at 5241 E 9th St
$850

Total Monthly Price

Base Rent$850

Total Monthly Price$850
3 Bedroom, 1 Bath Home for Rent
Available Now
Furnished

5241 E 9th St

IndianapolisIN46219

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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.

Grace Tuxedo Park - One of the Best Affordable Neighborhoods in Indianapolis

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

Cheapest Available Grace Tuxedo Park Homes for Rent

 

The cheapest available rental home in the Grace Tuxedo Park area of Indianapolis, IN is a 2 Beds home found at 729 N Bosart Ave priced from $1,195. 130 N Gladstone Ave has the second lowest priced home, which is a 4 Beds rental home currently listed from $1,285. Here are the most affordable Grace Tuxedo Park homes for rent in Indianapolis, IN:

Home ListingModel NameBed/BathPriced From
729 N Bosart Ave729 N Bosart Ave2BR, 1BA$1,195
130 N Gladstone Ave130 N Gladstone Ave4BR, 1BA$1,285
20 N Colorado Ave20 N Colorado Ave3BR, 1BA$1,299
1214 N Oakland Ave1214 N Oakland Ave3BR, 2BA$1,300
27 N Linwood Ave27 N Linwood Ave3BR, 1BA$1,700

Best Value Homes for Rent in Grace Tuxedo Park, IN

As of September 18, 2026 the best value rental home in the Grace Tuxedo Park area is the $0.24 price per square foot 5241 E 9th St Model at 5241 E 9th St in the Southeast Indianapolis neighborhood starting from $850. The second greatest value Grace Tuxedo Park rental home is the 526 N Emerson Ave Model at 526 N Emerson Ave in the Southeast Indianapolis neighborhood starting at $2,000 with a $0.91 price per square foot. Here is today’s list of the best values for Grace Tuxedo Park homes based on price per square foot:

Home ListingModel NameBed/BathPrice Per Sq.Ft.
5241 E 9th St5241 E 9th St3BR, 1BA$0.24
526 N Emerson Ave526 N Emerson Ave3BR, 2BA$0.91
27 N Linwood Ave27 N Linwood Ave3BR, 1.5BA$1.02
1214 N Oakland Ave1214 N Oakland Ave3BR, 2BA$0.89
367 S Bancroft St367 S Bancroft St3BR, 1BA$1.15
20 N Colorado Ave20 N Colorado Ave3BR, 1.5BA$0.99
717 N Grant Ave, Unit 717717 N Grant Ave3BR, 1.5BA$1.15
5012 E University Ave5012 E University Ave3BR, 3BA$1.92
130 N Gladstone Ave130 N Gladstone Ave4BR, 1BA$1.12
729 N Bosart Ave729 N Bosart Ave2BR, 1BA$1.35

Frequently Asked Questions about Grace Tuxedo Park

What type of rentals are currently available in Grace Tuxedo Park?

There are currently 71 Apartments for Rent in Grace Tuxedo Park, IN with pricing that ranges from $625 to $2,349. There are also 99 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grace Tuxedo Park ranging from $525 to $3,600.

What is the current price range for Rental Homes in Grace Tuxedo Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Grace Tuxedo Park ranges from $525 to $3,600 with an average monthly rent of $1,273.

How much are larger Three and Four Bedroom Rentals in Grace Tuxedo Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Grace Tuxedo Park range from $945 to $2,349, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $3,600. Four Bedroom Single-Family rentals are also available starting from $1,285 and Four Bedroom Apartments start at $925.

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.

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