
Cheap Homes for Rent in Kensington Farms Neighborhood of Indianapolis, IN from $300 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Kensington Farms area of Indianapolis.


7362 Westchester Dr
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.

4108 Biscayne Rd

8515 Georgiana Ln
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.

8427 Stark Dr
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 | $1,562 | $1,140 | $2,010 |
Kensington Farms 3 Bedroom Homes for Rent | $1,851 | $1,399 | $2,515 |
Kensington Farms 4 Bedroom Homes for Rent | $2,204 | $1,475 | $2,710 |
Kensington Farms 5 Bedroom Homes for Rent | $2,809 | $2,330 | $3,500 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 Vineyards Apartment Homes has the second lowest priced unit, which is a Studio apartment currently listed from $779. 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 Vineyards Apartment Homes | Studio Apartment | Studio,1BA | $779 |
The Life at Harrison Trails | 1 BED 1 BATH A (LOFT) | 1BR,1BA | $842 |
Best Value Apartments for Rent in Kensington Farms, IN
As of September 16, 2025 the best value apartment in the Kensington Farms area is the $1.25 price per square foot Your Dream Apartment! Model at The Reserve at Franklin Glenn I LP in the in the Southeast Indianapolis neighborhood starting from $1,490. The second greatest value Kensington Farms apartment is the 3 Bedroom Townhome Empowerment Model at Carriage House East starting at $1,464 with a $1.33 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. |
---|---|---|---|
The Reserve at Franklin Glenn I LP | Your Dream Apartment! | 3BR,2BA | $1.25 |
Carriage House East | 3 Bedroom Townhome Empowerment | 3BR,1.5BA | $1.33 |
Timber Point Apartments | The Bonelli | 2BR,2BA | $1.06 |
TGM Shadeland Station | B3 | 2BR,2BA | $1.52 |
Benjamin Court | Two Bedroom Two Baths | 2BR,2BA | $1.43 |
Apartments @ Marten Court | 2x1 with washer/dryer | 2BR,1BA | $1.23 |
Harrison Place Apartments | Abercrombie | 2BR,1BA | $1.64 |
Fountainview Apartments | 2BR/1BA | 2BR,1BA | $1.42 |
The Life at Harrison Trails | 2 BED 1 BATH | 2BR,1BA | $1.30 |
Harrison Point Apartments | Ruby Reno | 2BR,1BA | $1.53 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleKensington Farms, Indianapolis, IN
Ranked #174
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
Frequently Asked Questions about Kensington Farms
What type of rentals are currently available in Kensington Farms?
There are currently 56 Apartments for Rent in Kensington Farms, IN with pricing that ranges from $725 to $3,140. There are also 99 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kensington Farms ranging from $385 to $3,500.
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 $385 to $3,500 with an average monthly rent of $1,762.
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 $1,295 to $3,140, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,399 to $2,515. Four Bedroom Single-Family rentals are also available starting from $1,475 and Four Bedroom Apartments start at $1,400.
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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.