Cheap Homes for Rent in Keystone-Orchard Neighborhood of Indianapolis, IN from $500 (35 Rentals)

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

property at 4720 Munter Ln

$765 - $800

Total Monthly Price

Total Monthly Price

Base Rent
$765 - $800

Total Monthly Price
$765 - $800

1 Bedroom, 1 Bath Home for Rent

Available Now

4720 Munter Ln

IndianapolisIN46218

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 2950 N Colorado Ave

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

2 Bedroom, 1 Bath Home for Rent

Available Now

2950 N Colorado Ave

IndianapolisIN46218

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 538 W 29th St

$1,099 - $1,349

2 To 3 Bedroom Rentals

Available Now

538 W 29th St

IndianapolisIN46208
property at 4155 Graceland Ave

$1,100 - $2,400

1 To 4 Bedroom Homes for Rent

Available Now

4155 Graceland Ave

IndianapolisIN46208

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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-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 The Villages at Mill Crossing priced from $545. East Village at Avondale Meadows Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $569. Here are the most affordable Keystone-Orchard apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Villages at Mill Crossing2THSFL2BR,1BA$545
East Village at Avondale Meadows ApartmentsB32BR,2BA$569
Meridian TowersStudio ApartmentStudio,1BA$629
Oxmoor Indy1BR/1.0BA1BR,1BA$699
Maple Court Apartments - Where City Convenience Meets Neighborhood Charm!StudioStudio,1BA$725
34 North ApartmentsStudioStudio,1BA$725
1733 N. Meridian1BR1BR,1BA$780
Parkway1 Bedroom1BR,1BA$799
The MeridianThe PennStudio,1BA$799
The Star2 Bed2BR,1BA$799

Best Value Apartments for Rent in Keystone-Orchard, IN

As of June 04, 2026 the best value apartment in the Keystone-Orchard area is the $1.03 price per square foot 4143 Central Ave Model at 4143 Central Ave, Unit 4143 in the in the United Northwest neighborhood starting from $1,550. The second greatest value Keystone-Orchard apartment is the 2031 Broadway St Model at 2031 Broadway St, Unit Broadway starting at $1,395 with a $1.03 price per square foot in the Near North Indianapolis 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.
4143 Central Ave, Unit 41434143 Central Ave3BR,1BA$1.03
2031 Broadway St, Unit Broadway2031 Broadway St3BR,1BA$1.03
Ashton Park2 Bedroom 2 Bath - 633472BR,2BA$1.01
7 Pointe ApartmentsPebble3BR,2BA$1.06
Glen Ridge Manor Townhomes and Flats (Indy Town)Glen Ridge 2 Bedroom Townhome2BR,1BA$0.95
East Village at Avondale Meadows ApartmentsB22BR,2BA$1.12
The Star2 Bed2BR,1BA$0.76
Oxmoor Indy3BR/1.0BA3BR,1BA$1.00
Hopeside I2.2-40%-H2BR,2BA$0.96
1733 N. Meridian1BR1BR,1BA$1.04

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

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick 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.

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Pet Friendly Lifestyle
Keystone-Orchard, Indianapolis, IN

Ranked #100

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Keystone-Orchard

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

There are currently 271 Apartments for Rent in Keystone-Orchard, IN with pricing that ranges from $544 to $4,313. There are also 127 Single Family Homes for rent, Condos, and Townhome rentals currently available in Keystone-Orchard ranging from $599 to $3,100.

What is the current price range for Rental Homes in Keystone-Orchard?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Keystone-Orchard ranges from $599 to $3,100 with an average monthly rent of $1,600.

How much are larger Three and Four Bedroom Rentals in Keystone-Orchard?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Keystone-Orchard range from $626 to $4,313, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $3,100. Four Bedroom Single-Family rentals are also available starting from $1,595 and Four Bedroom Apartments start at $808.

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

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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.

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Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

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Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

Articles, How-To's, and Tips

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.