Cheap Apartments for Rent in the Keystone-Orchard Neighborhood of Indianapolis, IN from $500 (67 Rentals)

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

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The Sheldrake Apartments
$595 - $930
Total Monthly Price

Total Monthly Price

Base Rent
$595 - $930

Total Monthly Price
$595 - $930
Studio to 2 Bedroom Apartments Contact Us For Availability

The Sheldrake Apartments

2258 N Meridian StIndianapolis, IN 46208
Affordability
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  • Customer Reviewed
  • Utilities Included
property at 3609 Balsam Ave

$650 - $800

Studio To 1 Bedroom Rentals

Available Mar 11

3609 Balsam Ave

IndianapolisIN46205

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.

property at 125 E 17th St

$849

1 Bedroom Rentals

Available Now

125 E 17th St

IndianapolisIN46202

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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Wesley Place
Rent Specials
$1,049 - $2,139
Total Monthly Price

Total Monthly Price

Base Rent
$929 - $2,019
Required Monthly Fees
$120

Total Monthly Price
$1,049 - $2,139
Studio to 2 Bedroom Apartments Available Now

Wesley Place

75 W 18th StIndianapolis, IN 46202
Affordability
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  • Customer Reviewed
  • 3D Tour

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.

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New Bridge Apartments
Studio to 4 Bedroom Apartments

New Bridge Apartments

2372 Beckwith DrIndianapolis, IN 46218
  • Utilities Included
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Charmwood Terrace
Studio to 2 Bedroom Apartments

Charmwood Terrace

3419 N Pennsylvania StIndianapolis, IN 46205
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Parkside At Tarkington
1 to 2 Bedroom Apartments

Parkside At Tarkington

3901 N Meridian StIndianapolis, IN 46208
Senior Living
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THE COURTS OF MONON
Studio to 1 Bedroom Apartments

THE COURTS OF MONON

3605-3609 Balsam AveIndianapolis, IN 46205
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16 Park Apartments
1 to 4 Bedroom Apartments

16 Park Apartments

1621 N Park AveIndianapolis, IN 46202
  • Utilities Included

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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Sherman Forest
Studio to 4 Bedroom Apartments

Sherman Forest

3615 Sherman Forest DrIndianapolis, IN 46205
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Marblehead
Studio to 2 Bedroom Apartments

Marblehead

3310 N Meridian StIndianapolis, IN 46208
  • Utilities Included
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VILLAGE AT FALL CREEK
Studio to 1 Bedroom Apartments

VILLAGE AT FALL CREEK

3520-3534 Fall Creek Parkway North DrIndianapolis, IN 46205
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727 Fairfield Ave
1 Bedroom Apartments

727 Fairfield Ave

727 Fairfield AveIndianapolis, IN 46205
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Hopeside I
2 Bedroom Apartments

Hopeside I

2005 E 25th StIndianapolis, IN 46218
Senior Living
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The Historic Bauer
1 to 2 Bedroom Apartments

The Historic Bauer

3720 N Meridian StIndianapolis, IN 46208
  • Utilities Included
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Historic Dorchester
1 to 4 Bedroom Apartments

Historic Dorchester

3720 N Pennsylvania StIndianapolis, IN 46205
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Oxmoor Indy
1 to 3 Bedroom Apartments

Oxmoor Indy

3640 N Meridian StIndianapolis, IN 46208

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Keystone-Orchard, Indianapolis, IN Local Guide

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 ListingModel NameBed/BathPriced From
East Village at Avondale Meadows ApartmentsB32BR,2BA$579
Meridian TowersStudio ApartmentStudio,1BA$629
Oxmoor Indy1BR/1.0BA1BR,1BA$699
34 North ApartmentsStudioStudio,1BA$725
Nola Court Apartments1 Bed- 44421BR,1BA$774
Parkway1 Bedroom1BR,1BA$799
The Star2 Bed2BR,1BA$799
Hopeside I2.2-40%-H2BR,2BA$852
4901 N Washington Blvd1 Bed 1 Bath1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
2322 Guilford Ave, Unit A2322 Guilford Ave3BR,1BA$0.83
East Village at Avondale Meadows ApartmentsC23BR,2BA$1.18
7 Pointe ApartmentsPebble3BR,2BA$1.07
2131 NorthTwo Bed Two Bath2BR,2BA$1.33
Ashton Park2 bed / 2 bath2BR,2BA$1.06
The Star2 Bed2BR,1BA$0.76
3326 Ruckle St, Unit Rear Apartment3326 Ruckle St1BR,1.5BA$1.19
Hopeside I2.2-50%2BR,2BA$1.20
1628 N Colorado Ave, Unit 1630 N Colorado Ave1628 N Colorado AveStudio ,1BA$1.23
Oxmoor Indy1BR/1.0BA1BR,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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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

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Pet Friendly Lifestyle
Keystone-Orchard, Indianapolis, IN

Ranked #32

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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

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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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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.

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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.

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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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Renting your next home can feel thrilling and overwhelming at the same time.

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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.

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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.