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

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Cheap Apartments in the Keystone-Monon area of Indianapolis.

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.

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.

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

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 ListingModel NameBed/BathPriced From
Broad Ripple TrailsSTUD-SStudio,1BA$839
Carrollton Manor Apartments1 Bed 1 Bath1BR,1BA$850
The Pines at SoBroOne Bedrooms1BR,1BA$938
A/62LePetit1BR,1BA$975
Chateau in the Woods1 Bd/1 Ba Sm ABY1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Fallwood2 Bed/2Ba Den W/D Up2BR,2BA$1.14
Buckingham & BalmoralBuckingham 2 BR 2.5 BA Apartment- 1080 Sq. Ft2BR,2.5BA$1.66
Harbour PointeThe Hideaway1BR,1BA$1.40
Monon 46The Rockwood1BR,1BA$1.98
The Pines at SoBroOne Bedrooms1BR,1BA$1.31
Chateau in the Woods1 Bd/1 Ba Sm ABY1BR,1BA$1.47
A/62LePetit Luxe1BR,1BA$1.70
5322 Carrollton Ave, Unit 5322 Carrollton Avenue5322 Carrollton Ave1BR,1BA$1.62
Carrollton Manor Apartments1 Bed 1 Bath1BR,1BA$1.62
Broad Ripple TrailsSTUD-SStudio ,1BA$2.10

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Pet Friendly Lifestyle
Keystone-Monon, Indianapolis, IN

Ranked #185

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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.

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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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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.

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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.

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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.