Cheap Apartments for Rent in the Highlands Neighborhood of Indianapolis, IN from $574 (48 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Highlands area of Indianapolis.

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Wylde at Eagle Creek
$1,053 - $1,941

Total Monthly Price

Base Rent$1,053 - $1,941
Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

Wylde at Eagle Creek

6612 Eagle Pointe DrIndianapolis, IN 46254
Corporate Housing
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property at 5925 Sunwood Dr
$1,549
3 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

5925 Sunwood Dr

IndianapolisIN46224
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Whispering Pines
1 to 3 Bedroom Apartments

Whispering Pines

4444 Mission DrIndianapolis, IN 46254
  • Utilities Included

Highlands - 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!

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Aragon Woods
Studio to 3 Bedroom Apartments

Aragon Woods

8172 Aragon Woods DrIndianapolis, IN 46214
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Heather Ridge
1 to 3 Bedroom Apartments

Heather Ridge

3245 Heather Ridge DrIndianapolis, IN 46214
  • Utilities Included
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Honey Creek Apartments
2 to 3 Bedroom Apartments

Honey Creek Apartments

3510 N High School RdIndianapolis, IN 46224
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Brickyard Flats
Studio to 3 Bedroom Apartments

Brickyard Flats

6363 Hollister DrSpeedway, IN 46224
Showing Results 1-48, Page 1 of 1

Highlands, Indianapolis, IN Local Guide

Cheapest Available Highlands Apartments for Rent

 

The cheapest available apartment rental in the Highlands area of Indianapolis, IN is a Studio unit found at Cambridge Commons priced from $729. The Stratford Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $759. Here are the most affordable Highlands apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Cambridge CommonsStudioStudio,1BA$729
The Stratford ApartmentsStudio UpgradedStudio,1BA$759
Garden Pointe ApartmentsLily StudioStudio,1BA$795
Mariners Village Apartments0 Bedroom 1 BathroomStudio,1BA$820
Fisherman's VillageS1 AquaStudio,1BA$849
Scarborough Lake ApartmentsThe Dry Dock 1 BR 1 BA1BR,1BA$878
Woodhaven ParkOne Bedroom One Bath1BR,1BA$899
Loch HavenA1 R1BR,1BA$900
Astoria Park Apartment HomesOne Bedroom - 712 sqft1BR,1BA$910
DeercrossSpruce1BR,1BA$925

Best Value Apartments for Rent in Highlands, IN

As of September 10, 2026 the best value apartment in the Highlands area is the $1.34 price per square foot B2 American Model at Eagle Chase in the in the Timberview neighborhood starting from $1,595. The second greatest value Highlands apartment is the ??** Waiting List ** 3 Bed / 1.5 Bath Small Tow... Model at Villa Del Sol Apartments starting at $1,315 with a $1.20 price per square foot in the Timberview neighborhood. Here is today’s list of the best values for Highlands apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Eagle ChaseB2 American2BR,2BA$1.34
Villa Del Sol Apartments??** Waiting List ** 3 Bed / 1.5 Bath Small Tow...3BR,1.5BA$1.20
The Life at Wood Springs2 BEDROOM | 2 BATHROOM B2BR,2BA$1.30
The Meadows Apartment Homes2x1 Townhome Upgrade2BR,1BA$1.32
The Woods of Eagle CreekThe Den: Two Bedroom Townhome2BR,1.5BA$1.37
Brickyard FlatsB12BR,1BA$1.21
Marabou MillsTwo Bed Two Bath with Master Bed2BR,2BA$1.38
Aspen ChaseOne Bedroom One Bath1BR,1BA$1.36
Woodhaven ParkOne Bedroom One Bath1BR,1BA$1.38
Mariners Village Apartments0 Bedroom 1 BathroomStudio ,1BA$1.27

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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Your 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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Highlands, Indianapolis, IN

Ranked #75

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Highlands, Indianapolis, and the greater Indianapolis area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, pet-friendly features, multifamily communities for the kids, proximity to transit, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Highlands Apartments

What is a cheap apartment in Highlands?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Highlands is under $925.

What is the price of a cheap apartment in Highlands?

The cheapest apartment in Highlands is Scarborough Lake Apartments which is listed at $878, while the average apartment in Highlands costs $1,184.

What types of apartments are the cheapest in Highlands?

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 32 regular apartments in Highlands that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Highlands?

Cheap apartments in Highlands have an average cost of $242 which is $942 cheaper than the average rent for all rentals in Highlands.

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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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.

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