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Cheap Homes for Rent in Herron Morton Place Neighborhood of Indianapolis, IN from $800 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Herron Morton Place area of Indianapolis.
146 E 19th St
IndianapolisIN46202
146 E 19th St
IndianapolisIN46202
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.
140 E 19th St
IndianapolisIN46202
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125 E 17th St
IndianapolisIN46202
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.
410 E 16th St
IndianapolisIN46202
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Herron Morton Place, Indianapolis, IN Local Guide
How much does it cost to rent a home in Herron Morton Place?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Herron Morton Place 2 Bedroom Homes for Rent | $1,398 | $824 | $2,650 |
| Herron Morton Place 3 Bedroom Homes for Rent | $2,250 | $1,600 | $3,500 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Herron Morton Place Neighborhood of Indianapolis, IN.
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Herron Morton Place, Indianapolis, IN Local Guide
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Cheapest Available Herron Morton Place Apartments for Rent
The cheapest available apartment rental in the Herron Morton Place area of Indianapolis, IN is a Studio unit found at INDY FLATS priced from $705. 34 North Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here are the most affordable Herron Morton Place apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| INDY FLATS | Sherwood Std D | Studio,1BA | $705 |
| 34 North Apartments | Studio | Studio,1BA | $725 |
| 1010 Central | Loft 50% | 1BR,1BA | $956 |
Best Value Apartments for Rent in Herron Morton Place, IN
As of December 15, 2025 the best value apartment in the Herron Morton Place area is the $1.39 price per square foot 3 Bedroom 2 Bath Model at The Block in the in the Riley neighborhood starting from $2,459. The second greatest value Herron Morton Place apartment is the B1 Model at 946 MLK starting at $1,800 with a $1.19 price per square foot in the Near North Indianapolis neighborhood. Here is today’s list of the best values for Herron Morton Place apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Block | 3 Bedroom 2 Bath | 3BR,2BA | $1.39 |
| 946 MLK | B1 | 3BR,2BA | $1.19 |
| The Residence at White River Apartments | ALLISON - B2 | 2BR,2BA | $1.38 |
| Townhomes at Fall Creek Place | F | 2BR,1BA | $1.61 |
| Gardens of Canal Court | One Bedroom One Bath (992 Square Feet) | 1BR,1BA | $1.37 |
| 2131 North | One Bedroom | 1BR,1BA | $1.65 |
| 522 Fletcher Ave | 1BR/1.5BA | 1BR,1.5BA | $1.40 |
| Lockerbie Flats | Studio | Studio ,1BA | $1.62 |
| Vivio on Tenth | Per Bedroom - 2x2 B5 728sf | 2BR,2BA | $1.35 |
| 34 North Apartments | Studio | Studio ,1BA | $1.61 |
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.
Read Article
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.
Read ArticleYour 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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Pet Friendly LifestyleHerron Morton Place, Indianapolis, IN
Ranked #19
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Herron Morton Place
What type of rentals are currently available in Herron Morton Place?
There are currently 69 Apartments for Rent in Herron Morton Place, IN with pricing that ranges from $595 to $5,706. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Herron Morton Place ranging from $824 to $3,500.
What is the current price range for Rental Homes in Herron Morton Place?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Herron Morton Place ranges from $824 to $3,500 with an average monthly rent of $1,643.
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.
Articles, How-To's, and Tips
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!