Cheap Homes for Rent in Grace Tuxedo Park Neighborhood of Indianapolis, IN from $500 (17 Rentals)

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

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.

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.

property at 1556 Shannon Ave

1556 Shannon Ave

IndianapolisIN46201

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.

Grace Tuxedo Park, Indianapolis, IN Local Guide

Cheapest Available Grace Tuxedo Park Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Courts Apartments1 Bedroom 1 Bathroom Apartment1BR,1BA$829
Minnie Hartmann CenterThe Lucy 40%2BR,1BA$931

Best Value Apartments for Rent in Grace Tuxedo Park, IN

As of August 21, 2025 the best value apartment in the Grace Tuxedo Park area is the $0.93 price per square foot 1134 N Dearborn St Model at 1134 N Dearborn St, Unit B in the in the Martindale neighborhood starting from $1,400. The second greatest value Grace Tuxedo Park apartment is the 1121 N Dearborn St Model at 1121 N Dearborn St, Unit 1121 N Dearborn starting at $1,150 with a $0.85 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1134 N Dearborn St, Unit B1134 N Dearborn St3BR,1BA$0.93
1121 N Dearborn St, Unit 1121 N Dearborn1121 N Dearborn St2BR,1.5BA$0.85
1204 N Dearborn St, Unit B1204 N Dearborn St2BR,1BA$1.18
Minnie Hartmann CenterThe Alma 50%2BR,1BA$1.48
Courts Apartments1 Bedroom 1 Bathroom Apartment1BR,1BA$1.45

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Pet Friendly Lifestyle
Grace Tuxedo Park, Indianapolis, IN

Ranked #225

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Grace Tuxedo Park

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

There are currently 63 Apartments for Rent in Grace Tuxedo Park, IN with pricing that ranges from $650 to $1,650. There are also 72 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grace Tuxedo Park ranging from $595 to $2,800.

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 $595 to $2,800 with an average monthly rent of $1,342.

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 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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.