Cheap Apartments for Rent in the Kensington Farms Neighborhood of Indianapolis, IN from $600 (17 Rentals)

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

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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Jamestowne Apartments
2 Bedroom Apartments

Jamestowne Apartments

8917 Duxbury RdIndianapolis, IN 46226
  • Utilities Included
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Maison Gardens
1 to 3 Bedroom Apartments

Maison Gardens

8808 Rue Madeleine RueIndianapolis, IN 46226
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Maplewood
3 Bedroom Apartments

Maplewood

12451 Pendleton PikeIndianapolis, IN 46236
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Lawrence Glen
1 to 2 Bedroom Apartments

Lawrence Glen

8633 E 46th StIndianapolis, IN 46226

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.

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 $725. Vineyards Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $870. Here are the most affordable Kensington Farms apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Franklin StudiosStudioStudio,1BA$725
Vineyards Apartments1 Bedroom Apartment1BR,1BA$870
Apartments @ Marten Court1x11BR,1BA$925
Fountainview Apartments1BR/1BA1BR,1BA$925
Carriage House East1 Bedroom Apartment Hope1BR,1BA$926

Best Value Apartments for Rent in Kensington Farms, IN

As of July 15, 2025 the best value apartment in the Kensington Farms area is the $1.29 price per square foot 3 Bedroom Townhome Empowerment Model at Carriage House East in the in the Southeast Indianapolis neighborhood starting from $1,422. The second greatest value Kensington Farms apartment is the The Bonelli Model at Timber Point Apartments starting at $1,060 with a $1.06 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Carriage House East3 Bedroom Townhome Empowerment3BR,1.5BA$1.29
Timber Point ApartmentsThe Bonelli2BR,2BA$1.06
TGM Shadeland StationB32BR,2BA$1.51
Benjamin CourtTwo Bedroom Two Baths2BR,2BA$1.43
Apartments @ Marten Court2x1 with washer/dryer2BR,1BA$1.23
Reserve at Franklin Glen2BR2B- Reserve at Franklin Glen2BR,2BA$1.31
Harrison Place ApartmentsAbercrombie2BR,1BA$1.51
Fountainview Apartments2BR/1BA2BR,1BA$1.42
Harrison Point ApartmentsRuby Reno2BR,1BA$1.54
Vineyards Apartments1 Bedroom Apartment1BR,1BA$1.36

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Pet Friendly Lifestyle
Kensington Farms, Indianapolis, IN

Ranked #192

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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 the Cheapest Studio apartment in Kensington Farms?

Currently the most affordable Cheap Studio Apartment in Kensington Farms is at Franklin Studios listed at $725.

How much is rent for a Cheap One Bedroom Kensington Farms Apartment?

The lowest price for a Cheap One Bedroom Kensington Farms Apartment is $916 at Vineyards Apartments.

What is the lowest price for a Cheap Two Bedroom Kensington Farms Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Kensington Farms is starting from $1,033 at Vineyards Apartments.

What is the most affordable Kensington Farms Three Bedroom Apartment?

The best deal on a cheap Kensington Farms Three Bedroom Apartment rental is at Reserve at Franklin Glen and starts from $1,391.

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.

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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.

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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.

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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.

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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.