8027 N Richardt Ave
IndianapolisIN46256
Cheap Homes for Rent in Kensington Farms Neighborhood of Indianapolis, IN from $400 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Kensington Farms area of Indianapolis.
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$649Studio Apartments Available Now
4985 N Franklin Rd, Unit 1
4985 N Franklin RdIndianapolis, IN 46226
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$649Studio Apartments Available Now
4985 N Franklin Rd, Unit Apt 42
4985 N Franklin RdIndianapolis, IN 46226
12250 Van Spronsen Ct
IndianapolisIN46236
8218 E 50th St
IndianapolisIN46226
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
8254 Meadowlark Dr
IndianapolisIN46226
7955 E 49th St
IndianapolisIN46226
7355 Westchester Dr
LawrenceIN46226
3962 Strathmore Dr
IndianapolisIN46235
7361 Westchester Dr
IndianapolisIN46226
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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Kensington Farms, Indianapolis, IN Local Guide
How much does it cost to rent a home in Kensington Farms?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Kensington Farms 2 Bedroom Homes for Rent | $1,712 | $1,150 | $1,950 |
| Kensington Farms 3 Bedroom Homes for Rent | $1,816 | $940 | $2,480 |
| Kensington Farms 4 Bedroom Homes for Rent | $2,290 | $1,440 | $2,900 |
| Kensington Farms 5 Bedroom Homes for Rent | $2,520 | $2,520 | $2,520 |
Browse Homes for Rent in this Neighborhood
There are currently 10 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 1 Bed unit found at Maison Gardens Apartments priced from $640. Franklin Studios has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here are the most affordable Kensington Farms apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Maison Gardens Apartments | 1BD R | 1BR,1BA | $640 |
| Franklin Studios | Studio | Studio,1BA | $725 |
| Postbrook East Apartments | 1bd F | 1BR,1BA | $820 |
Best Value Apartments for Rent in Kensington Farms, IN
As of June 07, 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 $1,508 with a $1.37 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. |
|---|---|---|---|
| Postbrook East Apartments | 3 bd F Remod | 3BR,1BA | $1.07 |
| 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 |
| The Reserve at Franklin Glenn | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.30 |
| Maison Gardens Apartments | 2 BDR Remodeled | 2BR,1BA | $1.19 |
| Harrison Point Apartments | Ruby Reno | 2BR,1BA | $1.41 |
| Timber Point Apartments | The Ayers | 1BR,1BA | $1.28 |
| Jamestowne Apartments | Classic | 1BR,1BA | $1.38 |
| The Life at Harrison Trails | 1 BED 1 BATH A (LOFT) | 1BR,1BA | $1.26 |
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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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
Read ArticleReal 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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How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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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
3.0Pet Friendly
Best Local Schools in Kensington Farms, Indianapolis, IN
School data provided by Great Schools
Frequently Asked Questions about Kensington Farms
What type of rentals are currently available in Kensington Farms?
There are currently 55 Apartments for Rent in Kensington Farms, IN with pricing that ranges from $649 to $3,409. There are also 88 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kensington Farms ranging from $405 to $2,900.
What is the current price range for Rental Homes in Kensington Farms?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Kensington Farms ranges from $405 to $2,900 with an average monthly rent of $1,748.
How much are larger Three and Four Bedroom Rentals in Kensington Farms?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Kensington Farms range from $1,165 to $3,409, while Three Bedroom Homes, Condos, and Townhomes for rent range from $940 to $2,480. Four Bedroom Single-Family rentals are also available starting from $1,440 and Four Bedroom Apartments start at $1,320.
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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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
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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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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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Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
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Pet-Friendly Renting: Everything You Need to Know Before You Move
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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.