8027 N Richardt Ave
IndianapolisIN46256
Cheap Apartments for Rent in the Kensington Farms Neighborhood of Indianapolis, IN from $600 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Kensington Farms area of Indianapolis.
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from $787Studio to 2 Bedroom Apartments Available Now
Vineyards Apartments
10101 E Montery RdIndianapolis, IN 46235
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Rent Specials
from $819Studio to 2 Bedroom Apartments Available Now
Harrison Point Apartments
9093 Bourbon StIndianapolis, IN 46235
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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from $8421 to 2 Bedroom Apartments Available Now
The Life at Harrison Trails
5350 Cider Mill LnIndianapolis, IN 46226
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from $8461 to 3 Bedroom Apartments Available Now
Carriage House East
10174 Tinton CtIndianapolis, IN 46235
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from $8501 to 4 Bedroom Apartments Available Now
Timber Point Apartments
6201 Newberry RdIndianapolis, IN 46256
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from $9251 to 2 Bedroom Apartments Available Now
Fountainview Apartments
4800 N Post RdIndianapolis, IN 46226
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from $9251 to 2 Bedroom Apartments Available Now
Apartments @ Marten Court
7852 Marten Ct SIndianapolis, IN 46226
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.
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3 Bedroom Apartments
Canterbury House Apartments - Franklin Road
7955 Kingsmead DrIndianapolis, IN 46226
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1 Bedroom Apartments
Bellagio Living ? - 9025 El Dorado Drive
9025 El Dorado PlIndianapolis, IN 46236
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.
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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 | $874 | $725 | $1,969 |
| Kensington Farms 1 Bedroom Apartments | $1,237 | $380 | $2,341 |
| Kensington Farms 2 Bedroom Apartments | $1,412 | $866 | $2,879 |
| Kensington Farms 3 Bedroom Apartments | $1,839 | $1,235 | $3,060 |
| Kensington Farms 4 Bedroom Apartments | $2,068 | $1,330 | $4,500 |
Browse Apartments in this Neighborhood
There are currently 16 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 $842. 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 A (LOFT) | 1BR,1BA | $842 |
| Timber Point Apartments | The Ayers | 1BR,1BA | $845 |
| Vineyards Apartments | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $866 |
| Apartments @ Marten Court | 1x1 | 1BR,1BA | $925 |
Best Value Apartments for Rent in Kensington Farms, IN
As of June 25, 2025 the best value apartment in the Kensington Farms area is the $1.11 price per square foot 2 Bedroom Townhome Dedication Model at Carriage House East in the in the Southeast Indianapolis neighborhood starting from $1,106. The second greatest value Kensington Farms apartment is the 2x1 with washer/dryer Model at Apartments @ Marten Court starting at $1,150 with a $1.23 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Carriage House East | 2 Bedroom Townhome Dedication | 2BR,1.5BA | $1.11 |
| Apartments @ Marten Court | 2x1 with washer/dryer | 2BR,1BA | $1.23 |
| Reserve at Franklin Glen | 2BR2B- Reserve at Franklin Glen | 2BR,2BA | $1.31 |
| Harrison Place Apartments | Abercrombie | 2BR,1BA | $1.61 |
| Fountainview Apartments | 2BR/1BA | 2BR,1BA | $1.42 |
| Harrison Point Apartments | Ruby Reno | 2BR,1BA | $1.54 |
| Timber Point Apartments | The Ayers | 1BR,1BA | $1.17 |
| TGM Shadeland Station | A1 | 1BR,1BA | $1.47 |
| The Life at Harrison Trails | 1 BED 1 BATH A (LOFT) | 1BR,1BA | $1.26 |
| Vineyards Apartments | 1 Bedroom Apartment | 1BR,1BA | $1.43 |
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Pet Friendly LifestyleKensington Farms, Indianapolis, IN
Ranked #178
Among neighborhoods in Indianapolis, IN 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 $1,110.
What is the price of a cheap apartment in Kensington Farms?
The cheapest apartment in Kensington Farms is The Life at Harrison Trails which is listed at $842, while the average apartment in Kensington Farms costs $2,417.
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 4 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 $435 which is $1,982 cheaper than the average rent for all rentals in Kensington Farms.
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.
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.
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.