Cheap Homes for Rent in Keystone-Monon Neighborhood of Indianapolis, IN from $1,200 (9 Rentals)

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Search the lowest-cost Homes available for rent right now in the Keystone-Monon 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.

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property at 4033 Ruckle Street

4033 Ruckle Street

IndianapolisIN46205

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.

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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 The Pines at SoBro priced from $704. 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 ListingModel NameBed/BathPriced From
The Pines at SoBroStudio ApartmentStudio,1BA$704
Broad Ripple TrailsSTUD-SStudio,1BA$839
Carrollton Manor Apartments1 Bed 1 Bath1BR,1BA$850

Best Value Apartments for Rent in Keystone-Monon, IN

As of June 22, 2025 the best value apartment in the Keystone-Monon area is the $1.02 price per square foot Jade Model at 7 Pointe Apartments in the in the United Northeast neighborhood starting from $1,319. The second greatest value Keystone-Monon apartment is the The Hideaway Model at Harbour Pointe starting at $1,219 with a $1.43 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 ListingModel NameBed/BathPrice Per Sq.Ft.
7 Pointe ApartmentsJade3BR,2BA$1.02
Harbour PointeThe Hideaway1BR,1BA$1.43
Willow BrookTwo Bedroom One Bath2BR,1BA$1.53
Historic Marcy VillageThe Carson1BR,1BA$1.62
Monon 46The Acadia1BR,1BA$2.17
Carrollton Manor Apartments1 Bed 1 Bath1BR,1BA$1.62
The Pines at SoBroStudio ApartmentStudio ,1BA$1.68
Broad Ripple TrailsSTUD-SStudio ,1BA$2.10

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Frequently Asked Questions about Keystone-Monon

What type of rentals are currently available in Keystone-Monon?

There are currently 36 Apartments for Rent in Keystone-Monon, IN with pricing that ranges from $700 to $3,440. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Keystone-Monon ranging from $1,200 to $2,600.

What is the current price range for Rental Homes in Keystone-Monon?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Keystone-Monon ranges from $1,200 to $2,600 with an average monthly rent of $1,732.

How much are larger Three and Four Bedroom Rentals in Keystone-Monon?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Keystone-Monon range from $1,064 to $3,440, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,349 to $2,600. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $1,236.

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.