
Cheap Homes for Rent in Keystone-Monon Neighborhood of Indianapolis, IN from $800 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Keystone-Monon area of Indianapolis.


4653 Crestview Ave

824 E 44th St

4842 Hillside Ave

2007 E 38th St

824 E 44th St
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.

1829 E 49th St

5338 Winthrop Ave

4239 Crittenden Ave

4414 Kingsley Dr

4925 Crittenden Ave

5173 Caroline Avenue
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 a home in Keystone-Monon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Keystone-Monon 2 Bedroom Homes for Rent | $1,358 | $825 | $2,000 |
| Keystone-Monon 3 Bedroom Homes for Rent | $1,752 | $1,320 | $2,250 |
| Keystone-Monon 4 Bedroom Homes for Rent | $2,150 | $2,150 | $2,150 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 1 mile radius of the Keystone-Monon Neighborhood of Indianapolis, IN.
Explore Indianapolis
Cheapest Available Keystone-Monon Apartments for Rent
 The cheapest available apartment rental in the Keystone-Monon area of Indianapolis, IN is a 1 Bed unit found at Nola Court Apartments priced from $774. 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 | 1 Bed- 4442 | 1BR,1BA | $774 |
| Broad Ripple Trails | STUD-S | Studio,1BA | $839 |
| Carrollton Manor Apartments | 1 Bed 1 Bath | 1BR,1BA | $900 |
| The Pines at SoBro | 1 Bedroom 1 Bath Apartment - Classic | 1BR,1BA | $919 |
| 7 Pointe Apartments | Admiral | 1BR,1BA | $969 |
Best Value Apartments for Rent in Keystone-Monon, IN
As of January 27, 2026 the best value apartment in the Keystone-Monon area is the $1.43 price per square foot 2x1 Large - Renovated Model at The Pines at SoBro in the in the Keystone-Monon neighborhood starting from $1,259. The second greatest value Keystone-Monon apartment is the Two Bedroom One Bath Model at Willow Brook starting at $999 with a $1.25 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. |
|---|---|---|---|
| The Pines at SoBro | 2x1 Large - Renovated | 2BR,1BA | $1.43 |
| Willow Brook | Two Bedroom One Bath | 2BR,1BA | $1.25 |
| 7 Pointe Apartments | Admiral | 1BR,1BA | $1.36 |
| Harbour Pointe | The Grotto | 1BR,1BA | $1.62 |
| Historic Marcy Village | The Dawson | 1BR,1BA | $1.99 |
| Monon 46 | The Acadia | 1BR,1BA | $1.99 |
| Carrollton Manor Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.71 |
| Nola Court Apartments | 1 Bed- 4442 | 1BR,1BA | $1.61 |
| Broad Ripple Trails | STUD-S | Studio ,1BA | $2.10 |
Frequently Asked Questions about Keystone-Monon
What type of rentals are currently available in Keystone-Monon?
There are currently 39 Apartments for Rent in Keystone-Monon, IN with pricing that ranges from $899 to $2,970. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Keystone-Monon ranging from $825 to $2,250.
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 $825 to $2,250 with an average monthly rent of $1,587.
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 $1,149 to $1,775, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,320 to $2,250. Four Bedroom Single-Family rentals are also available starting from $2,150 and Four Bedroom Apartments start at $975.
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

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.

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.

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.
Articles, How-To's, and Tips

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.