
Cheap Apartments for Rent in the Keystone-Monon Neighborhood of Indianapolis, IN from $700 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Keystone-Monon area of Indianapolis.


Harbour Pointe

Monon 46

Historic Marcy Village
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.

The Pines at SoBro

Willow Brook
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.
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 | $869 | $839 | $899 |
| Keystone-Monon 1 Bedroom Apartments | $1,145 | $879 | $2,154 |
| Keystone-Monon 2 Bedroom Apartments | $1,545 | $939 | $3,080 |
| Keystone-Monon 3 Bedroom Apartments | $1,360 | $1,099 | $1,900 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 1 mile radius of the Keystone-Monon Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Keystone-Monon, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Keystone-Monon Apartments for Rent
 The cheapest available apartment rental in the Keystone-Monon area of Indianapolis, IN is a 2 Beds unit found at Nola Court Apartments priced from $814. Broad Ripple Trails has the second lowest priced unit, which is a Studio apartment currently listed from $839. Here are the most affordable Keystone-Monon apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Nola Court Apartments | Nola Court - 2Bedroom Apt Near Beautiful Broad ... | 2BR,1BA | $814 |
| Broad Ripple Trails | STUD-S | Studio,1BA | $839 |
| The Pines at SoBro | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $879 |
Best Value Apartments for Rent in Keystone-Monon, IN
As of October 25, 2025 the best value apartment in the Keystone-Monon area is the $1.07 price per square foot 4143 Central Ave Model at 4143 Central Ave, Unit 4143 in the in the United Northwest neighborhood starting from $1,600. The second greatest value Keystone-Monon apartment is the The Carson Model at Historic Marcy Village starting at $1,205 with a $1.63 price per square foot in the United Northeast 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. |
|---|---|---|---|
| 4143 Central Ave, Unit 4143 | 4143 Central Ave | 3BR,1BA | $1.07 |
| Historic Marcy Village | The Carson | 1BR,1BA | $1.63 |
| Nola Court Apartments | Nola Court - 2Bedroom Apt Near Beautiful Broad ... | 2BR,1BA | $1.12 |
| The Pines at SoBro | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.23 |
| 7 Pointe Apartments | Admiral | 1BR,1BA | $1.36 |
| Harbour Pointe | The Cove | 1BR,1BA | $1.69 |
| Monon 46 | The Acadia | 1BR,1BA | $1.99 |
| Carrollton Manor Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.71 |
| Broad Ripple Trails | STUD-S | Studio ,1BA | $2.10 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleYour 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 ArticleQuick Rent Budget Calculator
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.
Pet Friendly LifestyleKeystone-Monon, Indianapolis, IN
Ranked #240
Among cities in Indiana 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 $879 at The Pines at SoBro.
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 $814 at Nola Court Apartments.
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 $1,099.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

