
Apartments for Rent with Specials in the Island Village Neighborhood of Indianapolis, IN (21 Rentals)
Apartments in the Island Village area of Indianapolis with special offers and discounts available right now - opportunities to save money or get a month or more of free rent.


Eagle Creek by Spark Living

Pier 39 Apartments & Townhomes

Spinnaker Court

Lakeside Crossing at Eagle Creek Apartments and Townhomes

Mariners Village Apartments

The Meadows Apartment Homes
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.

Waterfront Pointe

Loch Haven

The Life at Wood Springs

The Life at Northwest Gardens

Eagle Chase

The Life at White Pines

Riverchase Apartments
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.

Woodhaven Park

Total Monthly Price
Wylde at Eagle Creek

Center Point

The Stratford Apartments

Scarborough Lake Apartments

4366 Fullwood Ct

Stanford Court
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.
Island Village, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Island Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Island Village Studio Apartments | $869 | $740 | $1,109 |
| Island Village 1 Bedroom Apartments | $1,029 | $760 | $2,499 |
| Island Village 2 Bedroom Apartments | $1,365 | $980 | $2,548 |
| Island Village 3 Bedroom Apartments | $1,727 | $1,371 | $3,178 |
| Island Village 4 Bedroom Apartments | $2,399 | $2,399 | $2,399 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Island Village Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Island Village, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Top Indianapolis Apartments in the Island Village Area with Move-In Specials Ending This Month
Specials updated: 08-23-2026Take advantage of these move-in and rent specials that are ending this month for top Island Village, IN apartments. Act fast and don’t miss out on an incredible deal on your perfect new place!
Loch Haven
Pay a $99 deposit and get your first full month free when you start your lease by 8/31/2026! (terms apply).If you move in within 48 hours of your tour, you'll pay no Admin Fee (must also start lease by 08/31/2026).Expires August 31, 2026
The Life at White Pines
Half off the first month on our Elite one-bedroom apartments. No admin fee on all apartments.Expires August 23, 2026
Woodhaven Park
Reduced Rents on Select units!!! $300 off third months rent- pre-lease to move in after 9/01- get $200 off move in feeExpires August 23, 2026
Eagle Chase
Move in by August 26th and receive $500 Visa Gift CardExpires August 23, 2026
Eagle Creek by Spark Living
Limited-Time Special offering $750 off one month and a $99.00 security deposit with approved application. *Restrictions apply. Please contact our leasing team for details.Expires August 23, 2026
Waterfront Pointe
We are now offering $500 off the first full month rent!Expires August 23, 2026
The Life at Wood Springs
1st full month free for 2 bedroom and 1/2 off 1st full month on 3 bedroom!Expires August 23, 2026
The Life at Northwest Gardens
Apply Within 48 Hours of Your Tour & Get HALF OFF Your First Full Month’s Rent! Limited availability.Expires August 23, 2026
Center Point
Look & Lease Special – $500 Off! Tour and apply within 48 hours to receive $500 off your first full month’s rent. Limited availability. Restrictions apply.Expires August 23, 2026
Scarborough Lake Apartments
Apply and move in by August 25th to receive $750 off your first full month's rent. Available on select 2 BR apartments for new applications received on or after 7/29/26.Expires August 23, 2026
Newly Listed Move-In Specials offers for Apartments in Island Village, IN
Specials updated: 08-23-2026Here are the most recently added special offers for renters looking to find the best deals on apartments in Island Village, IN. Be sure to take advantage of some of the area’s top offers.
Stanford Court
Enjoy pristine, brand-new apartment homes with premium interior selections. Be the first to live in these newly built homes!
Scarborough Lake Apartments
Apply and move in by August 25th to receive $750 off your first full month's rent. Available on select 2 BR apartments for new applications received on or after 7/29/26.
The Life at Wood Springs
1st full month free for 2 bedroom and 1/2 off 1st full month on 3 bedroom!
The Life at White Pines
Half off the first month on our Elite one-bedroom apartments. No admin fee on all apartments.
The Life at Northwest Gardens
Apply Within 48 Hours of Your Tour & Get HALF OFF Your First Full Month’s Rent! Limited availability.
Pier 39 Apartments & Townhomes
Up to ONE MONTH FREE on select units!
Waterfront Pointe
We are now offering $500 off the first full month rent!
Center Point
Look & Lease Special – $500 Off! Tour and apply within 48 hours to receive $500 off your first full month’s rent. Limited availability. Restrictions apply.
Astoria Park Apartment Homes
$500 Off First Month's Rent! Soak up summer savings on 2-bedroom apartments! A $500 rent credit will be applied to the first full month’s rent on new 2-bedroom leases of 10 months or longer. Applicants must apply on or after 7/28/26 and move in by 8/28/26 to qualify. Offer is subject to approval and may be modified or discontinued at any time.
Spinnaker Court
1 month free! Contact the leasing office today for details!
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.
Read ArticleQuick 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.
Pet Friendly LifestyleIsland Village, Indianapolis, IN
Ranked #68
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Rent Specials Island Village Apartments
How much is the average rent for a Rent Specials Island Village Apartment?
The average rent for a Rent Specials Apartment in Island Village is $1,350.
What is the largest Rent Specials Island Village Apartment for rent?
Today's Rent Specials apartment with the most square footage in Island Village is a 1,473 square feet unit starting from $1,465 at Eagle Chase.
What is the average size for Island Village Rent Specials Apartments for rent?
The average size for a Rent Specials rental in Island Village is currently at 648 sq ft.
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

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.

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.

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.

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

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.

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.

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.