
Cheap Apartments for Rent in the Homecroft Neighborhood of Indianapolis, IN from $300 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Homecroft area of Indianapolis.


135 Bixler Rd, Unit Studio Apartment

Encore Apartments

5700 Madison Apartments & Edgewood on Madison
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.

Brookwood Apartments

Sherbrook
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Meridian Court

Sawmill Apartments

Parc Bordeaux Apartments

Greentree Apartments
Homecroft, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Homecroft?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Homecroft Studio Apartments | $953 | $600 | $1,325 |
Homecroft 1 Bedroom Apartments | $1,187 | $390 | $2,859 |
Homecroft 2 Bedroom Apartments | $1,375 | $955 | $2,814 |
Homecroft 3 Bedroom Apartments | $1,703 | $1,125 | $4,312 |
Homecroft 4 Bedroom Apartments | $1,700 | $1,675 | $1,725 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Homecroft Neighborhood of Indianapolis, IN.
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Homecroft, Indianapolis, IN Local Guide
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Cheapest Available Homecroft Apartments for Rent
 The cheapest available apartment rental in the Homecroft area of Indianapolis, IN is a Studio unit found at Encore Apartments priced from $745. 5700 Madison Apartments & Edgewood on Madison has the second lowest priced unit, which is a Studio apartment currently listed from $765. Here are the most affordable Homecroft apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Encore Apartments | 0Br/1BA | Studio,1BA | $745 |
5700 Madison Apartments & Edgewood on Madison | Edgewood - Loft | Studio,1BA | $765 |
Sawmill Apartments | 1 Bed 1 Bath Small | 1BR,1BA | $849 |
Parc Bordeaux Apartments | Studio | Studio,1BA | $850 |
Brookwood Apartments | Elm | 1BR,1BA | $886 |
Best Value Apartments for Rent in Homecroft, IN
As of June 24, 2025 the best value apartment in the Homecroft area is the $1.27 price per square foot 3 Bedroom 2.5 Bath Townhome Model at Coventry Park Village in the in the Southeast Indianapolis neighborhood starting from $2,095. The second greatest value Homecroft apartment is the 2 Bedroom 1.5 Bath Townhome Model at Mansfield Village Townhomes starting at $1,650 with a $1.24 price per square foot in the Winchester Village neighborhood. Here is today’s list of the best values for Homecroft apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Coventry Park Village | 3 Bedroom 2.5 Bath Townhome | 3BR,2.5BA | $1.27 |
Mansfield Village Townhomes | 2 Bedroom 1.5 Bath Townhome | 2BR,1.5BA | $1.24 |
South Haven Village Apartments | 3x2.5 TH | 3BR,2.5BA | $1.17 |
Fox Club | Two Bedroom Two Bath | 2BR,2BA | $1.13 |
Oak Park | Forest | 1BR,1BA | $1.17 |
Beechmill Apartments | Elm | 2BR,1BA | $1.31 |
Strawbridge Green | Emerson | 2BR,1BA | $1.18 |
Brookwood Apartments | Evergreen Three | 1BR,1BA | $1.28 |
The Sterling | The Lexington | 1BR,1BA | $1.32 |
Sawmill Apartments | 1 Bed 1 Bath Small | 1BR,1BA | $1.31 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleHomecroft, Indianapolis, IN
Ranked #60
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Getting Around the Homecroft Neighborhood in Indianapolis, IN
Walk Score®
42 / 100
Car-Dependent
Most errands require a car
Bike Score®
39 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
21 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Homecroft Apartments
What is the Cheapest Studio apartment in Homecroft?
Currently the most affordable Cheap Studio Apartment in Homecroft is at Encore Apartments listed at $745.
How much is rent for a Cheap One Bedroom Homecroft Apartment?
The lowest price for a Cheap One Bedroom Homecroft Apartment is $849 at Sawmill Apartments.
What is the lowest price for a Cheap Two Bedroom Homecroft Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Homecroft is starting from $969 at Sawmill Apartments.
What is the most affordable Homecroft Three Bedroom Apartment?
The best deal on a cheap Homecroft Three Bedroom Apartment rental is at Strawbridge Green and starts from $1,115.
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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.