Cheap Apartments for Rent in the Homecroft Neighborhood of Indianapolis, IN from $700 (41 Rentals)

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

Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Estate View
1 to 2 Bedroom Apartments

Estate View

6768 S East StIndianapolis, IN 46227

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

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Windsor Court
1 to 2 Bedroom Apartments

Windsor Court

7302 Queen Anne CtIndianapolis, IN 46227
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Encore Apartments
Studio to 2 Bedroom Apartments

Encore Apartments

8035 Preidt PlIndianapolis, IN 46237
  • Utilities Included
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South & Madison
Studio to 3 Bedroom Apartments

South & Madison

1819 Madison Village DrIndianapolis, IN 46227
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Ninth Avenue Apartments
Studio to 3 Bedroom Apartments

Ninth Avenue Apartments

4651 Mimi DrIndianapolis, IN 46237
Corporate Housing
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The Sterling
1 to 2 Bedroom Apartments

The Sterling

8020 Madison AveIndianapolis, IN 46227
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Fountain Lake Villas
Studio to 3 Bedroom Apartments

Fountain Lake Villas

2220 E Stop 13 RdIndianapolis, IN 46227
Senior Living

Homecroft - 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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Grand Oaks
1 to 2 Bedroom Apartments

Grand Oaks

7215 Grand Ritz LnIndianapolis, IN 46237
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CrossRoads @ Southgreen
1 to 2 Bedroom Apartments

CrossRoads @ Southgreen

5030 Southgreen DrIndianapolis, IN 46227
  • 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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Stonehedge Apartments
1 to 2 Bedroom Apartments

Stonehedge Apartments

1563 Stonehedge CtGreenwood, IN 46142
Corporate Housing
Showing Results 1-41, Page 1 of 1

Homecroft, Indianapolis, IN Local Guide

Cheapest Available Homecroft Apartments for Rent

 

The cheapest available apartment rental in the Homecroft area of Indianapolis, IN is a 1 Bed unit found at Berkley Commons priced from $749. Brookwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $769. Here are the most affordable Homecroft apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Berkley CommonsOne Bedroom One Bath1BR,1BA$749
Brookwood Apartments1 Bedroom 1 Bathroom1BR,1BA$769
5700 Madison Apartments & Edgewood on MadisonEdgewood - CypressStudio,1BA$790
Windsor CourtStandard One Bedroom (SN3M)1BR,1BA$796
South & MadisonE2Studio,1BA$809
SherbrookStudioStudio,1BA$819
Sawmill Apartments1 Bed 1 Bath Small1BR,1BA$849
Parc Bordeaux ApartmentsStudioStudio,1BA$850
Buckridge at Southport1BR/1.0BA1BR,1BA$850
Thompson Village ApartmentsOne Bedroom Apartment1BR,1BA$850

Best Value Apartments for Rent in Homecroft, IN

As of July 30, 2026 the best value apartment in the Homecroft area is the $1.27 price per square foot 2 Bedroom 1.5 Bath Townhome Model at Mansfield Village Townhomes in the in the Winchester Village neighborhood starting from $1,699. The second greatest value Homecroft apartment is the 3Bd/1.5Ba Dn W/D Model at Martinique Terrace starting at $1,399 with a $1.08 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Mansfield Village Townhomes2 Bedroom 1.5 Bath Townhome2BR,1.5BA$1.27
Martinique Terrace3Bd/1.5Ba Dn W/D3BR,1.5BA$1.08
Oak ParkB2 Timber Upgrade2BR,1BA$1.21
CrossRoads @ Madison ParkCrossRoads @ Madison Park - 012BR,1BA$1.10
Strawbridge GreenEmerson2BR,1BA$1.10
CrossRoads @ SouthgreenCrossRoads @ Southgreen - 615-1...2BR,1BA$1.20
The SterlingThe Lexington1BR,1BA$1.22
Buckridge at Southport1BR/1.0BA1BR,1BA$1.17
Sherman VillageGarden Apt1BR,1BA$1.28
Berkley CommonsOne Bedroom One Bath1BR,1BA$1.20

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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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
Homecroft, Indianapolis, IN

Ranked #46

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 5700 Madison Apartments & Edgewood on Madison listed at $790.

How much is rent for a Cheap One Bedroom Homecroft Apartment?

The lowest price for a Cheap One Bedroom Homecroft Apartment is $749 at Berkley Commons.

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 $925 at Strawbridge Green.

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 $1,045.

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.

Helpful Local Expert Guides

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Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Written by: Wendy Melton

Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

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Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Written by: Wendy Melton

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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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Written by: Wendy Melton

Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

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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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.