
Cheap Homes for Rent in Herron Morton Place Neighborhood of Indianapolis, IN from $800 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Herron Morton Place area of Indianapolis.


2060 N Delaware St

140 E 19th St
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.

410 E 16th St

1717 N Talbott St

412 E 16th 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.
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 | $1,500 | $849 | $2,750 |
| Herron Morton Place 3 Bedroom Homes for Rent | $2,260 | $1,600 | $3,500 |
Browse Homes for Rent in this Neighborhood
There are currently 6 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. Vivio on Tenth has the second lowest priced unit, which is a Studio apartment currently listed from $900. 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 |
| Vivio on Tenth | 0x1-442 | Studio,1BA | $900 |
| 1010 Central | Loft 50% | 1BR,1BA | $956 |
Best Value Apartments for Rent in Herron Morton Place, IN
As of October 30, 2025 the best value apartment in the Herron Morton Place area is the $1.11 price per square foot 2 Bedroom 2 Bath Model at The Block in the in the Riley neighborhood starting from $1,999. The second greatest value Herron Morton Place apartment is the Two Bedroom Two Bath (1,184 - 1,194 Square Feet) Model at Gardens of Canal Court starting at $1,533 with a $1.28 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 | 2 Bedroom 2 Bath | 2BR,2BA | $1.11 |
| Gardens of Canal Court | Two Bedroom Two Bath (1,184 - 1,194 Square Feet) | 2BR,2BA | $1.28 |
| 1924 N Talbott St, Unit Unit 1 | 1924 N Talbott St | 2BR,2.5BA | $1.61 |
| Townhomes at Fall Creek Place | F | 2BR,1BA | $1.61 |
| 2147 North Pennsylvania Street, Unit 2147 N Pennsylvania St. Unit B | 2147 North Pennsylvania Street | 2BR,1BA | $1.73 |
| The Residence at White River Apartments | HARRISON - B1 | 2BR,1BA | $1.21 |
| Colmar Apartments | Front One Bedroom | 1BR,1BA | $1.53 |
| Penn Street Tower Apartments | Wabash: Floors 02-07 | 1BR,1BA | $1.61 |
| 1010 Central | Garage 60% | 1BR,1BA | $1.70 |
| Axis | Contunuum | Studio ,1BA | $1.81 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 ArticleThe 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
Read ArticleQuick Rent Budget Calculator
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Pet Friendly LifestyleHerron Morton Place, Indianapolis, IN
Ranked #16
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 71 Apartments for Rent in Herron Morton Place, IN with pricing that ranges from $550 to $6,251. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Herron Morton Place ranging from $849 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 $849 to $3,500 with an average monthly rent of $1,720.
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.