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$700 - $1,800Studio to 4 Bedroom Apartments Available Now
Maple Creek Village
3800 W Michigan StIndianapolis, IN 46222
Cheap Apartments for Rent in the Indiana Park Neighborhood of Indianapolis, IN from $400 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Indiana Park area of Indianapolis.
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$7492 Bedroom Apartments Available Now
3014 W 10th St, Unit 1
3014 W 10th StIndianapolis, IN 46222
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$750 - $1,025Studio to 2 Bedroom Apartments Contact Us For Availability
Ashgrove Apartments
1211 Ginger CtIndianapolis, IN 46241
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$759 - $1,529Studio to 2 Bedroom Apartments Available Now
Pinnacle West
230 Welcome Way BlvdIndianapolis, IN 46214
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$765 - $3,523Studio to 3 Bedroom Apartments Available Now
The Boardwalk at Westlake Apartments and Townhomes
6000 Westlake DrIndianapolis, IN 46224
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$767 - $1,3061 to 2 Bedroom Apartments Contact Us For Availability
Eagle Creek Court
2148 Augusta Dr EIndianapolis, IN 46224
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1 to 4 Bedroom Apartments
Addison Creek
58 Port Ocall DrIndianapolis, IN 46224
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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Studio Apartments
Fisher Apartments
5125 W 10th StIndianapolis, IN 46224
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1 to 3 Bedroom Apartments
Cloverleaf Apartments & Townhomes
835 Cloverleaf TerIndianapolis, IN 46241
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Studio to 3 Bedroom Apartments
Pinewood Village Apartments
5402 Norfolk WayIndianapolis, IN 46224
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1 to 3 Bedroom Apartments
Remington on Rockville
7455 Rockleigh AveIndianapolis, IN 46214
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1 to 3 Bedroom Apartments
Sebring Court
1902 Parsons DrIndianapolis, IN 46224
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$773 - $1,4281 to 2 Bedroom Apartments Available May 28
Stanford Court
1815 Foyt DrSpeedway, IN 46224
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1 to 2 Bedroom Apartments
The Legend at Speedway
2202 Fair Oaks DrSpeedway, IN 46224
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.
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Indiana Park, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Indiana Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Indiana Park Studio Apartments | $839 | $700 | $1,065 |
| Indiana Park 1 Bedroom Apartments | $1,069 | $767 | $2,699 |
| Indiana Park 2 Bedroom Apartments | $1,332 | $749 | $2,592 |
| Indiana Park 3 Bedroom Apartments | $1,618 | $1,200 | $4,212 |
| Indiana Park 4 Bedroom Apartments | $1,698 | $1,299 | $1,800 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Indiana Park Neighborhood of Indianapolis, IN.
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Indiana Park, Indianapolis, IN Local Guide
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Cheapest Available Indiana Park Apartments for Rent
The cheapest available apartment rental in the Indiana Park area of Indianapolis, IN is a Studio unit found at Maple Creek Village priced from $700. Pinnacle West has the second lowest priced unit, which is a Studio apartment currently listed from $759. Here are the most affordable Indiana Park apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Maple Creek Village | Studio | Studio,1BA | $700 |
| Pinnacle West | Studio | Studio,1BA | $759 |
| The Boardwalk at Westlake Apartments and Townhomes | Studio - 441 sqft | Studio,1BA | $765 |
| The Legend at Speedway | A1 | 1BR,1BA | $799 |
| The Park at Greenhill | 1 Bedroom, 1 Bath 654 SF - Creek Side | 1BR,1BA | $901 |
Best Value Apartments for Rent in Indiana Park, IN
As of May 24, 2026 the best value apartment in the Indiana Park area is the $1.01 price per square foot Three Bedroom One Bath Garden Model at El Dorado in the in the Cheswick Place neighborhood starting from $1,209. The second greatest value Indiana Park apartment is the Newport 1 Model at Runaway Bay Apartments starting at $1,460 with a $1.29 price per square foot in the Cheswick Place neighborhood. Here is today’s list of the best values for Indiana Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| El Dorado | Three Bedroom One Bath Garden | 3BR,1BA | $1.01 |
| Runaway Bay Apartments | Newport 1 | 2BR,2BA | $1.29 |
| Carriage House West | The Kincaid | 2BR,1.5BA | $1.40 |
| 10 West Apartments | The Dakota | 2BR,1BA | $1.27 |
| Wyckford Commons | The Iris | 1BR,1BA | $1.39 |
| The Maywood at Speedway | The Deerfield | 2BR,1BA | $1.23 |
| Brickyard Flats | B1 | 2BR,1BA | $1.21 |
| Eagle Lake Landing | The Islander | 1BR,1BA | $1.43 |
| The Legend at Speedway | A1 | 1BR,1BA | $1.40 |
| Pinnacle West | Studio | Studio ,1BA | $1.38 |
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
Read ArticleReal 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 LifestyleIndiana Park, Indianapolis, IN
Ranked #116
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Indiana Park, Indianapolis, IN
School data provided by Great Schools
Frequently Asked Questions about Cheap Indiana Park Apartments
What is the Cheapest Studio apartment in Indiana Park?
Currently the most affordable Cheap Studio Apartment in Indiana Park is at Maple Creek Village listed at $700.
How much is rent for a Cheap One Bedroom Indiana Park Apartment?
The lowest price for a Cheap One Bedroom Indiana Park Apartment is $799 at The Legend at Speedway.
What is the lowest price for a Cheap Two Bedroom Indiana Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Indiana Park is starting from $917 at The Legend at Speedway.
What is the most affordable Indiana Park Three Bedroom Apartment?
The best deal on a cheap Indiana Park Three Bedroom Apartment rental is at Maple Creek Village and starts from $1,200.
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
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.
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.
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
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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.
Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
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Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.