Cheap Homes for Rent in Kensington Farms Neighborhood of Indianapolis, IN from $1,100 (19 Rentals)

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Search the lowest-cost Homes 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.

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. 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 ListingModel NameBed/BathPriced From
Franklin StudiosStudioStudio,1BA$725
The Life at Harrison Trails1 BED 1 BATH A (LOFT)1BR,1BA$842
Timber Point ApartmentsThe Ayers1BR,1BA$860
Vineyards Apartments2 Bedroom 1 Bath Apartment2BR,1BA$908
Apartments @ Marten Court1x11BR,1BA$925

Best Value Apartments for Rent in Kensington Farms, IN

As of June 18, 2025 the best value apartment in the Kensington Farms area is the $1.43 price per square foot B3 Waterside Full Model at THE GRANDE RESERVE AT GEIST in the in the Oaklandon neighborhood starting from $1,741. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
THE GRANDE RESERVE AT GEISTB3 Waterside Full2BR,2BA$1.43
Apartments @ Marten Court2x1 with washer/dryer2BR,1BA$1.23
Reserve at Franklin Glen2BR2B- Reserve at Franklin Glen2BR,2BA$1.31
Fountainview Apartments2BR/1BA2BR,1BA$1.42
The Life at Harrison Trails2 BED 1 BATH2BR,1BA$1.30
Harrison Point ApartmentsRuby Reno2BR,1BA$1.52
Vineyards Apartments2 Bedroom 1 Bath Apartment2BR,1BA$1.08
Timber Point ApartmentsThe Ayers1BR,1BA$1.16
TGM Shadeland StationA11BR,1BA$1.53
Waterside at Castleton1x11BR,1BA$1.64

Quick Rent Budget Calculator

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Frequently Asked Questions about Kensington Farms

What type of rentals are currently available in Kensington Farms?

There are currently 53 Apartments for Rent in Kensington Farms, IN with pricing that ranges from $380 to $4,500. There are also 84 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kensington Farms ranging from $1,100 to $2,515.

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 $1,100 to $2,515 with an average monthly rent of $2,027.

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 $1,215 to $3,173, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,485. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $1,370.

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.