Cheap Homes for Rent in Keystone-Monon Neighborhood of Indianapolis, IN from $800 (10 Rentals)

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

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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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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 $729. Nola Court Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $814. Here are the most affordable Keystone-Monon apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Pines at SoBroStudio Apartment - ClassicStudio,1BA$729
Nola Court ApartmentsNola Court - 2Bedroom Apt Near Beautiful Broad ...2BR,1BA$814
Broad Ripple TrailsSTUD-SStudio,1BA$839

Best Value Apartments for Rent in Keystone-Monon, IN

As of December 13, 2025 the best value apartment in the Keystone-Monon area is the $1.01 price per square foot Garnet Model at 7 Pointe Apartments in the in the United Northeast neighborhood starting from $1,089. The second greatest value Keystone-Monon apartment is the Two Bedroom One Bath Model at Willow Brook starting at $1,099 with a $1.37 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 ApartmentsGarnet2BR,2BA$1.01
Willow BrookTwo Bedroom One Bath2BR,1BA$1.37
Nola Court ApartmentsNola Court - 2Bedroom Apt Near Beautiful Broad ...2BR,1BA$1.12
Historic Marcy VillageThe Dawson1BR,1BA$1.78
Harbour PointeThe Cove1BR,1BA$1.69
Monon 46The Acadia1BR,1BA$1.99
Carrollton Manor Apartments1 Bed 1 Bath1BR,1BA$1.71
The Pines at SoBroStudio Apartment - ClassicStudio ,1BA$1.74
Broad Ripple TrailsSTUD-SStudio ,1BA$2.10

Don'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.

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The 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.

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Your 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

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Quick Rent Budget Calculator

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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.

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Pet Friendly Lifestyle
Keystone-Monon, Indianapolis, IN

Ranked #240

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Keystone-Monon

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

There are currently 40 Apartments for Rent in Keystone-Monon, IN with pricing that ranges from $729 to $3,050. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Keystone-Monon ranging from $825 to $1,995.

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 $1,995 with an average monthly rent of $1,643.

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 $1,099 to $1,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $1,875. Four Bedroom Single-Family rentals are also available starting from $1,975 and Four Bedroom Apartments start at $1,075.

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.

Articles, How-To's, and Tips

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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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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!