Cheap Apartments for Rent in the Keystone Neighborhood of Indianapolis, IN from $800 (32 Rentals)

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

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Scandia Apartments
Rent Specials
$894 - $1,630
Total Monthly Price

Total Monthly Price

Base Rent
$782 - $1,518
Required Monthly Fees
$112
Total Monthly Price
$894 - $1,630
1 to 3 Bedroom Apartments Available Now

Scandia Apartments

9250 Kungsholm DrIndianapolis, IN 46250
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Riverbend Apartments
Rent Specials
$986 - $1,802
Total Monthly Price

Total Monthly Price

Base Rent
$911 - $1,727
Required Monthly Fees
Varies
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Riverbend Apartments

8850 River Bend PkyIndianapolis, IN 46250
Active Lifestyle
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  • Customer Reviewed
  • 3D Tour

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Nook Nine
Rent Specials
$1,299 - $3,206
Total Monthly Price

Total Monthly Price

Base Rent
$1,209 - $3,116
Required Monthly Fees
$90
Total Monthly Price
$1,299 - $3,206
Studio to 3 Bedroom Apartments Available Now

Nook Nine

9433 Avant AveIndianapolis, IN 46240
Corporate Housing
  • Verified

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Northview
Studio to 2 Bedroom Apartments

Northview

8607 Cholla RdIndianapolis, IN 46240

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Showing Results 1-32, Page 1 of 1

Keystone, Indianapolis, IN Local Guide

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 $829. River Road Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $880. Here are the most affordable Keystone apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Hub at NoraStudio Suite with Patio/Balcony - The SparkStudio,1BA$829
River Road ApartmentsVilla1BR,1BA$880
Scandia ApartmentsTivoli1BR,1BA$894
Veridian CastletonA31BR,1BA$974
TGM Autumn WoodsA11BR,1BA$999
Northwood on the TrailRedbud1BR,1BA$1,000
Riverbend ApartmentsTranquility1BR,1BA$1,016
Woodbridge Castleton1 Bedroom Apartment1BR,1BA$1,028
College Courts1 Bed/1 Bath Up (A)1BR,1BA$1,044
The Lodge at Trails EdgeThe Elk1BR,1BA$1,081

Best Value Apartments for Rent in Keystone, IN

As of March 23, 2026 the best value apartment in the Keystone area is the $1.44 price per square foot Monterey II Model at The Retreat at Carmel in the in the Nora neighborhood starting from $2,368. The second greatest value Keystone apartment is the Sanctuary: Two Bedroom Apartment Model at Somerset Lakes starting at $1,465 with a $1.09 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Retreat at CarmelMonterey II3BR,2BA$1.44
Somerset LakesSanctuary: Two Bedroom Apartment2BR,2BA$1.09
Veridian CastletonB4 - Townhome2BR,1.5BA$1.15
Ivy Knoll Apartments2Bd/2Ba Dn W/D2BR,2BA$1.17
The Preserve on Allisonville TownhomesTwo Bedroom Townhome2BR,1.5BA$1.33
Northwood on the TrailSugar Maple2BR,1BA$1.40
Metropolitan FishersDeerbrook1BR,1BA$1.42
Scandia ApartmentsTivoli1BR,1BA$1.15
TGM Autumn WoodsA21BR,1BA$1.45
Riverbend ApartmentsTranquility1BR,1BA$1.43

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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 $1,081.

What is the price of a cheap apartment in Keystone?

The cheapest apartment in Keystone is The Hub at Nora which is listed at $849, while the average apartment in Keystone costs $2,478.

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 95 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 $211 which is $2,267 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.

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