8027 N Richardt Ave
IndianapolisIN46256
Cheap Apartments for Rent in the Kensington Farms Neighborhood of Indianapolis, IN from $400 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Kensington Farms area of Indianapolis.
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$725Studio Apartments Available Now
Franklin Studios
4985 N Franklin RdIndianapolis, IN 46226
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Rent Specials
$819 - $1,599Studio to 3 Bedroom Apartments Available Now
Harrison Point Apartments
9093 Bourbon StIndianapolis, IN 46235
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$890 - $1,515
Total Monthly Price
1 to 4 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$878 - $1,503
Required Monthly Fees
$12
Total Monthly Price
$890 - $1,515
Timber Point Apartments
6201 Newberry RdIndianapolis, IN 46256
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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1 to 4 Bedroom Apartments
Canterbury House Apartments - Franklin Road
7955 Kingsmead DrIndianapolis, IN 46226
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1 to 3 Bedroom Apartments
Maison Gardens
8808 Rue Madeleine RueIndianapolis, IN 46226
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2 to 3 Bedroom Apartments
Maplewood
12451 Pendleton PikeIndianapolis, IN 46236
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1 to 2 Bedroom Apartments
Bellagio Living ? - 9025 El Dorado Drive
9025 El Dorado PlIndianapolis, IN 46236
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.
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1 Bedroom Apartments
Discover the Best of Lawrence Living at Bellagio Living
8953 Brigadier DrIndianapolis, IN 46226
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Kensington Farms, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Kensington Farms?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Kensington Farms Studio Apartments | $821 | $725 | $1,019 |
| Kensington Farms 1 Bedroom Apartments | $1,170 | $890 | $2,293 |
| Kensington Farms 2 Bedroom Apartments | $1,362 | $920 | $2,646 |
| Kensington Farms 3 Bedroom Apartments | $1,642 | $1,175 | $3,114 |
| Kensington Farms 4 Bedroom Apartments | $1,472 | $1,380 | $1,636 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 3 mile radius of the Kensington Farms Neighborhood of Indianapolis, IN.
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Kensington Farms, Indianapolis, IN Local Guide
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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 $725. The Life at Harrison Trails has the second lowest priced unit, which is a 1 Bed apartment currently listed from $909. Here are the most affordable Kensington Farms apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Franklin Studios | Studio | Studio,1BA | $725 |
| The Life at Harrison Trails | 1 BED 1 BATH B | 1BR,1BA | $909 |
| Fountainview Apartments | Oasis | 1BR,1BA | $925 |
Best Value Apartments for Rent in Kensington Farms, IN
As of February 20, 2026 the best value apartment in the Kensington Farms area is the $1.37 price per square foot 3 Bedroom Townhome Empowerment Model at Carriage House East in the in the Southeast Indianapolis neighborhood starting from $1,508. The second greatest value Kensington Farms apartment is the Two Bedroom Two Baths Model at Benjamin Court starting at $1,380 with a $1.43 price per square foot in the Far Eastside neighborhood. Here is today’s list of the best values for Kensington Farms apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Carriage House East | 3 Bedroom Townhome Empowerment | 3BR,1.5BA | $1.37 |
| Benjamin Court | Two Bedroom Two Baths | 2BR,2BA | $1.43 |
| Apartments @ Marten Court | 2x1 with washer/dryer | 2BR,1BA | $1.23 |
| Jamestowne Apartments | 2/1 | 2BR,1BA | $1.39 |
| Fountainview Apartments | Vista | 2BR,1BA | $1.40 |
| Harrison Point Apartments | Ruby Reno | 2BR,1BA | $1.53 |
| Timber Point Apartments | The Ayers | 1BR,1BA | $1.23 |
| The Life at Harrison Trails | 1 BED 1 BATH B | 1BR,1BA | $1.28 |
| Woods of Castleton | 1 bed/1 bath Down | 1BR,1BA | $1.66 |
| Waterside at Castleton | 1x1 | 1BR,1BA | $1.64 |
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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Read ArticleYour 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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Pet Friendly LifestyleKensington Farms, Indianapolis, IN
Ranked #175
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 $1,145.
What is the price of a cheap apartment in Kensington Farms?
The cheapest apartment in Kensington Farms is Timber Point Apartments which is listed at $890, while the average apartment in Kensington Farms costs $1,508.
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 22 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 $270 which is $1,238 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.
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.
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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.
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Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.