3364 Tara Ln
IndianapolisIN46224
Cheap Homes for Rent in Island Village Neighborhood of Indianapolis, IN from $1,100 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Island Village 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.
2999 Eagles Crest Cir
IndianapolisIN46214
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.
4381 Village Pkwy Cir W
IndianapolisIN46254
Showing Results 1-3, Page 1 of 1
Island Village, Indianapolis, IN Local Guide
How much does it cost to rent a home in Island Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Island Village 2 Bedroom Homes for Rent | $1,748 | $1,150 | $2,800 |
| Island Village 3 Bedroom Homes for Rent | $1,729 | $1,445 | $2,050 |
| Island Village 4 Bedroom Homes for Rent | $2,355 | $2,355 | $2,355 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Island Village Neighborhood of Indianapolis, IN.
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Island Village, Indianapolis, IN Local Guide
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Best Value Apartments for Rent in Island Village, IN
As of June 08, 2025 the best value apartment in the Island Village area is the $0.87 price per square foot 3 BEDROOM | 2 BATHROOM A Model at The Life at Wood Springs in the in the Timberview neighborhood starting from $1,098. The second greatest value Island Village apartment is the CYPRESS Model at The Life at White Pines starting at $1,494 with a $1.25 price per square foot in the Cheswick Place neighborhood. Here is today’s list of the best values for Island Village apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Life at Wood Springs | 3 BEDROOM | 2 BATHROOM A | 3BR,2BA | $0.87 |
| The Life at White Pines | CYPRESS | 3BR,2BA | $1.25 |
| Villa Del Sol Apartments | Large, Spacious, Updated 3 Bedroom Townhome Awa... | 3BR,1.5BA | $1.23 |
| Eagle Creek Apartments | Barton-Renovated | 2BR,1BA | $1.33 |
| Brickyard Flats | B2 | 2BR,2BA | $1.05 |
| Eagle Creek Court | Two Bedroom Two Bathroom (C3M) | 2BR,2BA | $1.04 |
| Idlewood Apartments | B-1 | 2BR,1BA | $1.31 |
| The Maywood at Speedway | The Vesuvio | 1BR,1BA | $1.25 |
| The Stratford | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.11 |
| Woodhaven Park | One Bedroom One Bath | 1BR,1BA | $1.30 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Island Village
What type of rentals are currently available in Island Village?
There are currently 55 Apartments for Rent in Island Village, IN with pricing that ranges from $707 to $3,422. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Island Village ranging from $1,150 to $2,800.
What is the current price range for Rental Homes in Island Village?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Island Village ranges from $1,150 to $2,800 with an average monthly rent of $1,944.
How much are larger Three and Four Bedroom Rentals in Island Village?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Island Village range from $1,374 to $3,422, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,445 to $2,050. Four Bedroom Single-Family rentals are also available starting from $2,355 and Four Bedroom Apartments start at $1,870.
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.
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.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.