
Cheap Apartments for Rent in the Keystone-Orchard Neighborhood of Indianapolis, IN from $500 (67 Rentals)
Search the lowest-cost Apartments available for rent right now in the Keystone-Orchard area of Indianapolis.


Meridian Towers

3610 Balsam Ave

3609 Balsam Ave

2932 N Dearborn St

Maple Court Apartments - Where City Convenience Meets Neighborhood Charm!

34 North Apartments

3725 N Sherman Dr

3534 E Fall Creek Pkwy N Dr

3528 E Fall Creek Pkwy N Dr
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.

3354 Hovey St

The Star

Parkway

125 E 17th St

The Meridian

2060 N Delaware St

4901 N Washington Blvd

2945 Schofield Ave, Unit 2945

The Pines at SoBro

St. James
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.

Total Monthly Price
1628 N Colorado Ave, Unit 1630 N Colorado Ave

Glen Ridge Manor Townhomes and Flats (Indy Town)

CityView on Meridian

The Domino

670 E 17th St

2239 E 34th St

3709-3711 Kinnear Ave

2721 Adams St

Total Monthly Price
Wesley Place

Harbour Pointe
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

The Parkview

3551 N Illinois St

2024 Columbia Ave

3101 N Temple Ave

New Bridge Apartments

Charmwood Terrace

Brownstone Apartments

Parkside At Tarkington

THE COURTS OF MONON

16 Park Apartments
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Sherman Forest

East Village at Avondale Meadows Apartments

Marblehead

VILLAGE AT FALL CREEK

727 Fairfield Ave

Hopeside I

The Historic Bauer

Historic Dorchester

Oxmoor Indy

Overlook at the Fairgrounds
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Keystone-Orchard, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Keystone-Orchard?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Keystone-Orchard Studio Apartments | $1,096 | $595 | $1,399 |
| Keystone-Orchard 1 Bedroom Apartments | $1,302 | $699 | $2,154 |
| Keystone-Orchard 2 Bedroom Apartments | $1,579 | $885 | $6,265 |
| Keystone-Orchard 3 Bedroom Apartments | $1,934 | $795 | $5,709 |
| Keystone-Orchard 4 Bedroom Apartments | $2,455 | $2,455 | $2,455 |
Browse Apartments in this Neighborhood
There are currently 67 rentals with your search options within a 2 mile radius of the Keystone-Orchard Neighborhood of Indianapolis, IN.
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Keystone-Orchard, Indianapolis, IN Local Guide
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Cheapest Available Keystone-Orchard Apartments for Rent
 The cheapest available apartment rental in the Keystone-Orchard area of Indianapolis, IN is a 2 Beds unit found at East Village at Avondale Meadows Apartments priced from $579. Meridian Towers has the second lowest priced unit, which is a Studio apartment currently listed from $629. Here are the most affordable Keystone-Orchard apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| East Village at Avondale Meadows Apartments | B3 | 2BR,2BA | $579 |
| Meridian Towers | Studio Apartment | Studio,1BA | $629 |
| Oxmoor Indy | 1BR/1.0BA | 1BR,1BA | $699 |
| 34 North Apartments | Studio | Studio,1BA | $725 |
| Nola Court Apartments | 1 Bed- 4442 | 1BR,1BA | $774 |
| Parkway | 1 Bedroom | 1BR,1BA | $799 |
| The Star | 2 Bed | 2BR,1BA | $799 |
| Hopeside I | 2.2-40%-H | 2BR,2BA | $852 |
| 4901 N Washington Blvd | 1 Bed 1 Bath | 1BR,1BA | $900 |
Best Value Apartments for Rent in Keystone-Orchard, IN
As of March 01, 2026 the best value apartment in the Keystone-Orchard area is the $0.83 price per square foot 2322 Guilford Ave Model at 2322 Guilford Ave, Unit A in the in the Martindale neighborhood starting from $1,250. The second greatest value Keystone-Orchard apartment is the C2 Model at East Village at Avondale Meadows Apartments starting at $1,525 with a $1.18 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for Keystone-Orchard apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2322 Guilford Ave, Unit A | 2322 Guilford Ave | 3BR,1BA | $0.83 |
| East Village at Avondale Meadows Apartments | C2 | 3BR,2BA | $1.18 |
| 7 Pointe Apartments | Pebble | 3BR,2BA | $1.07 |
| 2131 North | Two Bed Two Bath | 2BR,2BA | $1.33 |
| Ashton Park | 2 bed / 2 bath | 2BR,2BA | $1.06 |
| The Star | 2 Bed | 2BR,1BA | $0.76 |
| 3326 Ruckle St, Unit Rear Apartment | 3326 Ruckle St | 1BR,1.5BA | $1.19 |
| Hopeside I | 2.2-50% | 2BR,2BA | $1.20 |
| 1628 N Colorado Ave, Unit 1630 N Colorado Ave | 1628 N Colorado Ave | Studio ,1BA | $1.23 |
| Oxmoor Indy | 1BR/1.0BA | 1BR,1BA | $1.00 |
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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Read ArticleYour 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
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestyleKeystone-Orchard, Indianapolis, IN
Ranked #32
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Indianapolis. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, places that make kids happy, raising pets, transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Keystone-Orchard Apartments
What is a cheap apartment in Keystone-Orchard?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Keystone-Orchard is under $900.
What is the price of a cheap apartment in Keystone-Orchard?
The cheapest apartment in Keystone-Orchard is Meridian Towers which is listed at $699, while the average apartment in Keystone-Orchard costs $2,455.
What types of apartments are the cheapest in Keystone-Orchard?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 15 regular apartments in Keystone-Orchard that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Keystone-Orchard?
Cheap apartments in Keystone-Orchard have an average cost of $149 which is $2,306 cheaper than the average rent for all rentals in Keystone-Orchard.
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
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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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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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.