Cheap Apartments for Rent in the Highlands Neighborhood of Indianapolis, IN from $500 (50 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
Rent Specials
$985 - $2,419
Total Monthly Price

Total Monthly Price

Base Rent
$985 - $2,419
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Wylde at Eagle Creek

6612 Eagle Pointe DrIndianapolis, IN 46254
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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Whispering Pines
1 to 3 Bedroom Apartments

Whispering Pines

4444 Mission DrIndianapolis, IN 46254
  • Utilities Included
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Aragon Woods
Studio to 3 Bedroom Apartments

Aragon Woods

8172 Aragon Woods DrIndianapolis, IN 46214
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Marabou Mills
Studio to 2 Bedroom Apartments

Marabou Mills

3402 Marabou Mills DrIndianapolis, IN 46214
Corporate Housing
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Heather Ridge
1 to 3 Bedroom Apartments

Heather Ridge

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

Honey Creek Apartments

3510 N High School RdIndianapolis, IN 46224
  • Utilities Included
property at 5720 W 41st Pl

$1,350

3 Bedroom Rentals

Available Now

5720 W 41st Pl

IndianapolisIN46254
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Brickyard Flats
Studio to 3 Bedroom Apartments

Brickyard Flats

6363 Hollister DrSpeedway, IN 46224

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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Showing Results 1-50, 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 $719. The Life at Wood Springs has the second lowest priced unit, which is a 1 Bed apartment currently listed from $780. Here are the most affordable Highlands apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Cambridge CommonsStudioStudio,1BA$719
The Life at Wood Springs1 BEDROOM | 1 BATHROOM A1BR,1BA$780
Garden Pointe ApartmentsLily StudioStudio,1BA$795
The Stratford ApartmentsStudio W/ DenStudio,1BA$829
Fisherman's VillageA1 Cobalt1BR,1BA$839
The Meadows Apartment Homes1x1 Hartford Classic1BR,1BA$849
The Life at White PinesPINE1BR,1BA$849
Mariners Village Apartments1 Bedroom 1 Bathroom1BR,1BA$885
Pebble Point ApartmentsA1 Bliss1BR,1BA$899
Woodhaven ParkOne Bedroom One Bath1BR,1BA$899

Best Value Apartments for Rent in Highlands, IN

As of July 26, 2026 the best value apartment in the Highlands area is the $1.20 price per square foot ??** Waiting List ** 3 Bed / 1.5 Bath Small Tow... Model at Villa Del Sol Apartments in the in the Timberview neighborhood starting from $1,315. The second greatest value Highlands apartment is the 1 Bedroom 1 Bathroom Model at Mariners Village Apartments starting at $885 with a $0.83 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.
Villa Del Sol Apartments??** Waiting List ** 3 Bed / 1.5 Bath Small Tow...3BR,1.5BA$1.20
Mariners Village Apartments1 Bedroom 1 Bathroom1BR,1BA$0.83
The Life at Wood Springs2 BEDROOM | 2 BATHROOM B2BR,2BA$1.30
Eagle Creek by Spark LivingExcite - Renovated2BR,1BA$1.29
Brickyard FlatsB12BR,1BA$1.21
Aspen ChaseOne Bedroom One Bath1BR,1BA$1.36
The Life at White PinesPINE1BR,1BA$1.22
Pebble Point ApartmentsA1 Bliss1BR,1BA$1.34
The Meadows Apartment Homes1x1 Hartford Classic1BR,1BA$1.33
Fisherman's VillageA1 Cobalt1BR,1BA$1.34

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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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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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 #90

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 $899.

What is the price of a cheap apartment in Highlands?

The cheapest apartment in Highlands is The Life at Wood Springs which is listed at $780, while the average apartment in Highlands costs $2,399.

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 29 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 $260 which is $2,139 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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