
Cheap Apartments for Rent in the Keystone-Monon Neighborhood of Indianapolis, IN from $700 (15 Rentals)
Cheap Apartments in the Keystone-Monon area of Indianapolis.


Broad Ripple Trails

5322 Carrollton Ave, Unit 5322 Carrollton Avenue

Carrollton Manor Apartments

Willow Brook
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Chateau in the Woods

A/62

Harbour Pointe

Fallwood

Historic Marcy Village
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

4256 Crittenden Ave
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!
Keystone-Monon, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Keystone-Monon?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Keystone-Monon Studio Apartments | $1,065 | $713 | $1,623 |
Keystone-Monon 1 Bedroom Apartments | $1,218 | $850 | $1,795 |
Keystone-Monon 2 Bedroom Apartments | $1,448 | $1,017 | $2,683 |
Keystone-Monon 3 Bedroom Apartments | $1,742 | $1,043 | $3,067 |
Keystone-Monon 4 Bedroom Apartments | $2,435 | $2,435 | $2,435 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 1 mile radius of the Keystone-Monon Neighborhood of Indianapolis, IN.
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Keystone-Monon, Indianapolis, IN Local Guide
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Cheapest Available Keystone-Monon Apartments for Rent
 The cheapest available apartment rental in the Keystone-Monon area of Indianapolis, IN is a Studio unit found at Broad Ripple Trails priced from $839. Carrollton Manor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Keystone-Monon apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Broad Ripple Trails | STUD-S | Studio,1BA | $839 |
Carrollton Manor Apartments | 1 Bed 1 Bath | 1BR,1BA | $850 |
The Pines at SoBro | One Bedrooms | 1BR,1BA | $938 |
A/62 | LePetit | 1BR,1BA | $975 |
Chateau in the Woods | 1 Bd/1 Ba Sm ABY | 1BR,1BA | $1,044 |
Best Value Apartments for Rent in Keystone-Monon, IN
As of May 03, 2025 the best value apartment in the Keystone-Monon area is the $1.14 price per square foot 2 Bed/2Ba Den W/D Up Model at Fallwood in the in the United Northeast neighborhood starting from $1,481. The second greatest value Keystone-Monon apartment is the Buckingham 2 BR 2.5 BA Apartment- 1080 Sq. Ft Model at Buckingham & Balmoral starting at $1,795 with a $1.66 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for Keystone-Monon apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Fallwood | 2 Bed/2Ba Den W/D Up | 2BR,2BA | $1.14 |
Buckingham & Balmoral | Buckingham 2 BR 2.5 BA Apartment- 1080 Sq. Ft | 2BR,2.5BA | $1.66 |
Harbour Pointe | The Hideaway | 1BR,1BA | $1.40 |
Monon 46 | The Rockwood | 1BR,1BA | $1.98 |
The Pines at SoBro | One Bedrooms | 1BR,1BA | $1.31 |
Chateau in the Woods | 1 Bd/1 Ba Sm ABY | 1BR,1BA | $1.47 |
A/62 | LePetit Luxe | 1BR,1BA | $1.70 |
5322 Carrollton Ave, Unit 5322 Carrollton Avenue | 5322 Carrollton Ave | 1BR,1BA | $1.62 |
Carrollton Manor Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.62 |
Broad Ripple Trails | STUD-S | Studio ,1BA | $2.10 |
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Pet Friendly LifestyleKeystone-Monon, Indianapolis, IN
Ranked #185
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Keystone-Monon Apartments
How much is rent for a Cheap One Bedroom Keystone-Monon Apartment?
The lowest price for a Cheap One Bedroom Keystone-Monon Apartment is $850 at Carrollton Manor Apartments.
What is the lowest price for a Cheap Two Bedroom Keystone-Monon Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Keystone-Monon is starting from $1,017 at The Pines at SoBro.
What is the most affordable Keystone-Monon Three Bedroom Apartment?
The best deal on a cheap Keystone-Monon Three Bedroom Apartment rental is at The Pines at SoBro and starts from $1,043.
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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.