
Cheap Homes for Rent in Keystone-Monon Neighborhood of Indianapolis, IN from $600 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Keystone-Monon area of Indianapolis.


4943 Indianola Ave
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.

3785 Caroline Ave

4653 Crestview Ave
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.

4637 Crestview Ave
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 | $1,488 | $995 | $2,700 |
Keystone-Monon 3 Bedroom Homes for Rent | $1,795 | $1,349 | $2,495 |
Keystone-Monon 4 Bedroom Homes for Rent | $2,898 | $2,100 | $4,400 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 1 Bed unit found at Carrollton Manor Apartments priced from $850. The Pines at SoBro has the second lowest priced unit, which is a 1 Bed apartment currently listed from $887. Here are the most affordable Keystone-Monon apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Carrollton Manor Apartments | 1 Bed 1 Bath | 1BR,1BA | $850 |
The Pines at SoBro | One Bedrooms | 1BR,1BA | $887 |
7 Pointe Apartments | Garnet | 2BR,2BA | $1,089 |
Best Value Apartments for Rent in Keystone-Monon, IN
As of July 12, 2025 the best value apartment in the Keystone-Monon area is the $1.12 price per square foot Pebble Model at 7 Pointe Apartments in the in the United Northeast neighborhood starting from $1,299. The second greatest value Keystone-Monon apartment is the Two Bedroom One Bath Model at Willow Brook starting at $1,149 with a $1.44 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. |
---|---|---|---|
7 Pointe Apartments | Pebble | 3BR,2BA | $1.12 |
Willow Brook | Two Bedroom One Bath | 2BR,1BA | $1.44 |
Broad Ripple Trails | 1 Bed Village Rehab | 1BR,1BA | $1.53 |
The Pines at SoBro | One Bedrooms | 1BR,1BA | $1.24 |
Harbour Pointe | The Grotto | 1BR,1BA | $1.61 |
Monon 46 | The Acadia | 1BR,1BA | $2.05 |
Carrollton Manor Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.62 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Keystone-Monon
What type of rentals are currently available in Keystone-Monon?
There are currently 35 Apartments for Rent in Keystone-Monon, IN with pricing that ranges from $755 to $3,095. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Keystone-Monon ranging from $650 to $4,400.
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 $650 to $4,400 with an average monthly rent of $1,822.
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 $1,061 to $3,095, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,349 to $2,495. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $1,415.
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.

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.

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.

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.