Apartments for Rent in the Keystone-Monon Neighborhood of Indianapolis, IN (62 Rentals)

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property at 5168 Caroline Ave

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200
Total Monthly Price
$2,200

3 Bedroom, 1 Bath Home for Rent

Available Sep 20

5168 Caroline Ave

IndianapolisIN46205
property at 5169 Caroline Ave

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

1 Bedroom, 1 Bath Home for Rent

Available Sep 1

5169 Caroline Ave

IndianapolisIN46205
property at 1230 E 54th St

$1,950

3 Bedroom, 1 Bath Home for Rent

Available Now

1230 E 54th St

IndianapolisIN46220

Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

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property at 5110 Norwaldo Ave

$3,735

Total Monthly Price

Total Monthly Price

Base Rent
$3,735
Total Monthly Price
$3,735

2 Bedroom, 2 Bath Home for Rent

Available Aug 10

5110 Norwaldo Ave

IndianapolisIN46205

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

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5101 Hillside Ave
1 Bedroom Apartments

5101 Hillside Ave

5101 Hillside AveIndianapolis, IN 46205
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Forty Six Flats
1 to 2 Bedroom Apartments

Forty Six Flats

2511 E 46th StIndianapolis, IN 46205
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4839 N College Ave
2 Bedroom Apartments

4839 N College Ave

4839 N College AveIndianapolis, IN 46205

Keystone-Monon - One of the Best Affordable Neighborhoods in Indianapolis

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

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4350 N Park Ave
Studio Apartments

4350 N Park Ave

4350 N Park AveIndianapolis, IN 46205
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5236 N College Ave
3 Bedroom Apartments

5236 N College Ave

5236 N College AveIndianapolis, IN 46220
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3909 Winthrop Ave
2 Bedroom Apartments

3909 Winthrop Ave

3909 Winthrop AveIndianapolis, IN 46205
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Elizabeth
Studio Apartments

Elizabeth

5245 N Central AveIndianapolis, IN 46220
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5249 Central Ave
Studio Apartments

5249 Central Ave

5249 Central AveIndianapolis, IN 46220
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546 E 38th St
Studio Apartments

546 E 38th St

546 E 38th StIndianapolis, IN 46205
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534 E 38th St
Studio Apartments

534 E 38th St

534 E 38th StIndianapolis, IN 46205

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-50, Page 1 of 2

Keystone-Monon, Indianapolis, IN Local Guide

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Tour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.

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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

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Real 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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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 Lifestyle
Keystone-Monon, Indianapolis, IN

Ranked #208

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Keystone-Monon

What is the current pricing and availability for apartments for rent in the Keystone-Monon area of Indianapolis, IN?

As of today, August 07, 2026, there are currently 62 available Keystone-Monon apartments priced from $839 to $3,662, with an average monthly rent of $1,339.

What is the current price range for One Bedroom Keystone-Monon Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Keystone-Monon ranges from $900 to $1,712 with an average monthly rent of $1,183.

What does renting a Two Bedroom Apartment in Keystone-Monon cost?

The monthly rent prices of Two Bedroom Apartments currently available in Keystone-Monon range from $979 to $3,662. Today's average rental price for Two Bedrooms here is $1,477.

How expensive are Keystone-Monon Three Bedroom Apartments?

There are currently 5 Three Bedroom Apartments listings available in Keystone-Monon on ApartmentHomeLiving.com. The pricing ranges from $1,199 to $1,984 - averaging $1,378 for the location.

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.

Helpful Local Expert Guides

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Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Written by: Wendy Melton

Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

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Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Written by: Wendy Melton

My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

decorative image for Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters article

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Written by: Wendy Melton

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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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.

Articles, How-To's, and Tips

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.