Cheap Apartments for Rent in the Indiana Park Neighborhood of Indianapolis, IN from $400 (15 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

close
View Me
Addison Creek
1 to 4 Bedroom Apartments

Addison Creek

58 Port Ocall DrIndianapolis, IN 46224
  • Utilities Included
close
View Me
Fisher Apartments
Studio Apartments

Fisher Apartments

5125 W 10th StIndianapolis, IN 46224
  • Utilities Included
close
View Me
Remington on Rockville
1 to 3 Bedroom Apartments

Remington on Rockville

7455 Rockleigh AveIndianapolis, IN 46214
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

close
View Me
Sebring Court
1 to 2 Bedroom Apartments

Sebring Court

1902 Parsons DrIndianapolis, IN 46224
close
View Me
Brickyard Flats
1 to 3 Bedroom Apartments

Brickyard Flats

6363 Hollister DrSpeedway, IN 46224

Indiana Park, Indianapolis, IN Local Guide

Cheapest Available Indiana Park Apartments for Rent

 

The cheapest available apartment rental in the Indiana Park area of Indianapolis, IN is a 1 Bed unit found at Eagle Creek Court priced from $719. The Boardwalk at Westlake Apartments and Townhomes has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable Indiana Park apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Eagle Creek CourtStandard One Bedroom (SN1)1BR,1BA$719
The Boardwalk at Westlake Apartments and TownhomesStudio - 467 sqftStudio,1BA$750
Ashgrove ApartmentsStudioStudio,1BA$750
Pinnacle WestStudioStudio,1BA$759
Hills Apartments1 Bedroom 1 Bath Apartment1BR,1BA$769

Best Value Apartments for Rent in Indiana Park, IN

As of June 25, 2025 the best value apartment in the Indiana Park area is the $1.07 price per square foot 3 Bedroom 1 Bath Model at El Dorado in the in the Cheswick Place neighborhood starting from $1,285. The second greatest value Indiana Park apartment is the Augusta (Fireplace) Model at Auburn Hills Apartments starting at $1,420 with a $1.42 price per square foot in the Westside Indianapolis neighborhood. Here is today’s list of the best values for Indiana Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
El Dorado3 Bedroom 1 Bath3BR,1BA$1.07
Auburn Hills ApartmentsAugusta (Fireplace)2BR,2BA$1.42
Ashton PointeTwo Bedroom Townhome2BR,1.5BA$1.34
10 West ApartmentsThe Broadway2BR,2BA$1.31
Eagle Lake LandingThe Sand Piper2BR,2BA$1.45
Brickyard FlatsB12BR,1BA$1.20
The Maywood at SpeedwayThe Vesuvio1BR,1BA$1.25
Hills Apartments1 Bedroom 1 Bath Apartment1BR,1BA$1.23
The Legend at SpeedwayA11BR,1BA$1.43
Pinnacle WestStudioStudio ,1BA$1.38

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Indiana Park, Indianapolis, IN

Ranked #128

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

decorative image of woman handing cat to small boy

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 The Boardwalk at Westlake Apartments and Townhomes listed at $750.

How much is rent for a Cheap One Bedroom Indiana Park Apartment?

The lowest price for a Cheap One Bedroom Indiana Park Apartment is $719 at Eagle Creek Court.

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 $773 at Hills Apartments.

What is the most affordable Indiana Park Three Bedroom Apartment?

The best deal on a cheap Indiana Park Three Bedroom Apartment rental is at Hills Apartments and starts from $1,194.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.