
Cheap Apartments for Rent in the Keystone Neighborhood of Indianapolis, IN from $700 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in the Keystone area of Indianapolis.


River Road Apartments

Riverbend Apartments

College Courts

Woodbridge Castleton

TGM Autumn Woods

Northwood on the Trail

The Lodge at Trails Edge
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Scandia Apartments

Veridian Castleton

Ashton Brook

Parkside at Castleton Square Apartments and Townhomes

Lakeshore Apartments

82 Flats

River Crossing

Nook Nine
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River Ridge Apartments

Castle Creek Apartments

Lake Clearwater Apartments

Shore Acres

Somerset Lakes

Solana Apartments

Quarry at River North

The Edge
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Ivy Knoll Apartments

Notch at Nora

The Preserve on Allisonville Townhomes

Ironworks at Keystone

636 E 108th St

Encore Binford

2006 Randall Rd

1811 E 75th St
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Shore Acres

Carlyle Court

Nora Commons on the Monon Senior Apartments

Crestwood Village North

Northview

9000 Westfield Apartments

VITRA Apartments

The Seasons of Carmel
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Metropolitan Fishers

River Place Flats

Sunrise on the Monon

The Retreat at Carmel
Keystone, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Keystone?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Keystone Studio Apartments | $1,155 | $729 | $1,496 |
| Keystone 1 Bedroom Apartments | $1,297 | $829 | $2,636 |
| Keystone 2 Bedroom Apartments | $1,595 | $1,009 | $3,088 |
| Keystone 3 Bedroom Apartments | $2,398 | $1,480 | $5,079 |
Browse Apartments in this Neighborhood
There are currently 44 rentals with your search options within a 2 mile radius of the Keystone Neighborhood of Indianapolis, IN.
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Keystone, Indianapolis, IN Local Guide
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Cheapest Available Keystone Apartments for Rent
 The cheapest available apartment rental in the Keystone area of Indianapolis, IN is a Studio unit found at The Hub at Nora priced from $729. River Road Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $890. Here are the most affordable Keystone apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Hub at Nora | Studio Suite with Patio/Balcony - The Spark | Studio,1BA | $729 |
| River Road Apartments | Hideaway | 1BR,1BA | $890 |
| College Courts | 1 Bed/1 Bath Up (A) | 1BR,1BA | $894 |
| Woodbridge Castleton | 1 Bedroom Apartment | 1BR,1BA | $994 |
| TGM Autumn Woods | A1 | 1BR,1BA | $999 |
| Northwood on the Trail | Redbud | 1BR,1BA | $1,000 |
| The Lodge at Trails Edge | The Elk | 1BR,1BA | $1,019 |
| Scandia Apartments | Tivoli | 1BR,1BA | $1,064 |
| Ashton Brook | One Bedroom Apartment | 1BR,1BA | $1,084 |
| Parkside at Castleton Square Apartments and Townhomes | One Bedroom | 1BR,1BA | $1,095 |
Best Value Apartments for Rent in Keystone, IN
As of May 07, 2026 the best value apartment in the Keystone area is the $1.47 price per square foot Trumpeter Model at Lake Clearwater Apartments in the in the Roxbury neighborhood starting from $2,005. The second greatest value Keystone apartment is the Sanctuary: Two Bedroom Apartment Model at Somerset Lakes starting at $1,513 with a $1.13 price per square foot in the Nora neighborhood. Here is today’s list of the best values for Keystone apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lake Clearwater Apartments | Trumpeter | 2BR,2BA | $1.47 |
| Somerset Lakes | Sanctuary: Two Bedroom Apartment | 2BR,2BA | $1.13 |
| Veridian Castleton | B4 - Townhome | 2BR,1.5BA | $1.15 |
| Ivy Knoll Apartments | 2Bd/2Ba Dn W/D | 2BR,2BA | $1.17 |
| Metropolitan Fishers | Willowbrook | 2BR,2BA | $1.25 |
| Northwood on the Trail | Sugar Maple | 2BR,1BA | $1.40 |
| TGM Autumn Woods | B1 | 2BR,1BA | $1.41 |
| Scandia Apartments | Tivoli | 1BR,1BA | $1.36 |
| Woodbridge Castleton | 1 Bedroom Apartment | 1BR,1BA | $1.42 |
| Ashton Brook | One Bedroom Apartment | 1BR,1BA | $1.55 |
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.
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 ArticleReal 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.
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.
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in cities across the United States and customized analysis for Northern Indianapolis, IN. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, transit availability, pet-friendly communities, places to raise kids, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Keystone Apartments
What is a cheap apartment in Keystone?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Keystone is under $1,095.
What is the price of a cheap apartment in Keystone?
The cheapest apartment in Keystone is The Hub at Nora which is listed at $829, while the average apartment in Keystone costs $2,526.
What types of apartments are the cheapest in Keystone?
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 56 regular apartments in Keystone 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?
Cheap apartments in Keystone have an average cost of $231 which is $2,295 cheaper than the average rent for all rentals in Keystone.
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
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