Cheap Apartments for Rent in the Kensington Farms Neighborhood of Indianapolis, IN from $437 (37 Rentals)

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

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property at 5624 Wynridge Ct

$870

Total Monthly Price

Total Monthly Price

Base Rent
$870
Total Monthly Price
$870

1 Bedroom, 1 Bath Home for Rent

Available Now

5624 Wynridge Ct, Unit C

5624 Wynridge Ct
IndianapolisIN46235
property at 8820 E 45th St

$1,000

1 Bedroom Rentals

Available Now

8820 E 45th St

IndianapolisIN46226

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Maplewood
2 to 3 Bedroom Apartments

Maplewood

12451 Pendleton PikeIndianapolis, IN 46236
  • Utilities Included

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

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Bellagio Living I
1 to 2 Bedroom Apartments

Bellagio Living I

9025 El Dorado PlIndianapolis, IN 46236
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Bellagio Living II
1 Bedroom Apartments

Bellagio Living II

8953 Brigadier DrIndianapolis, IN 46226
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Lawrence Glen
1 to 2 Bedroom Apartments

Lawrence Glen

8633 E 46th StIndianapolis, IN 46226

Kensington Farms - 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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Showing Results 1-37, Page 1 of 1

Kensington Farms, Indianapolis, IN Local Guide

Cheapest Available Kensington Farms Apartments for Rent

 

The cheapest available apartment rental in the Kensington Farms area of Indianapolis, IN is a Studio unit found at Franklin Studios priced from $649. Postbrook East Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $745. Here are the most affordable Kensington Farms apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Franklin StudiosStudioStudio,1BA$649
Postbrook East Apartments2bd TH Remodeled2BR,1BA$745
Maison Gardens Apartments2 BDR Remodeled2BR,1BA$780
Harrison Point ApartmentsPearl UPGStudio,1BA$819
Jamestowne ApartmentsClassic1BR,1BA$825
The Life at Harrison Trails1 BED 1 BATH A (LOFT)1BR,1BA$842
Timber Point ApartmentsThe Ayers1BR,1BA$865
The Vineyards Apartment HomesStudio ClassicStudio,1BA$889
Carriage House East1 Bedroom Apartment – Hope1BR,1BA$900
Apartments @ Marten Court1x11BR,1BA$925

Best Value Apartments for Rent in Kensington Farms, IN

As of August 23, 2026 the best value apartment in the Kensington Farms area is the $1.07 price per square foot 3 bd F Remod Model at Postbrook East Apartments in the in the Southeast Indianapolis neighborhood starting from $1,180. The second greatest value Kensington Farms apartment is the 3 Bedroom Townhome – Empowerment Model at Carriage House East starting at $1,400 with a $1.27 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Kensington Farms apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Postbrook East Apartments3 bd F Remod3BR,1BA$1.07
Carriage House East3 Bedroom Townhome – Empowerment3BR,1.5BA$1.27
Benjamin CourtTwo Bedroom Two Baths2BR,2BA$1.43
Apartments @ Marten Court2x1 with washer/dryer2BR,1BA$1.23
The Reserve at Franklin Glenn2 Bedroom 2 Bathroom2BR,2BA$1.30
The Life at Harrison Trails2 BED 1 BATH2BR,1BA$1.30
Fountainview ApartmentsOasis1BR,1BA$1.25
Timber Point ApartmentsThe Ayers1BR,1BA$1.19
Jamestowne ApartmentsClassic1BR,1BA$1.17
Maison Gardens Apartments1BD R1BR,1BA$1.32

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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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Pet Friendly Lifestyle
Kensington Farms, Indianapolis, IN

Ranked #168

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Kensington Farms, Indianapolis, IN

School data provided by Great Schools

Lifestyle Ratings

Our team of engineers and researchers is proud to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Northeast Indianapolis, IN. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Kensington Farms Apartments

What is a cheap apartment in Kensington Farms?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Kensington Farms is under $925.

What is the price of a cheap apartment in Kensington Farms?

The cheapest apartment in Kensington Farms is Maison Gardens Apartments which is listed at $785, while the average apartment in Kensington Farms costs $1,194.

What types of apartments are the cheapest in Kensington Farms?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 44 regular apartments in Kensington Farms that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Kensington Farms?

Cheap apartments in Kensington Farms have an average cost of $259 which is $935 cheaper than the average rent for all rentals in Kensington Farms.

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.

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