
Cheap Apartments for Rent in the Keystone Neighborhood of Indianapolis, IN from $700 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in the Keystone area of Indianapolis.


River Road Apartments

Veridian Castleton

Northwood on the Trail

College Courts

TGM Autumn Woods

Retreat at Riverbend Apartment Homes

Woodbridge Castleton
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Parkside at Castleton Square Apartments and Townhomes

Northview

Elevate Keystone Apartments

Scandia Apartments

The Lodge at Trails Edge

Ashton Brook

Lakeshore Apartments

Solana Apartments
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Nook Nine

River Crossing

Ivy Knoll Apartments

River Ridge

The Preserve on Allisonville Townhomes

Lake Clearwater Apartments

Castle Creek Apartments

Notch at Nora
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82 Flats

Quarry at River North

The Edge

Ironworks at Keystone

Somerset Lakes

2122 Randall Rd

Encore Binford

1705 Randall Rd
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9026 Kasteel Way

1405 Sierra Springs

9000 Westfield Apartments

VITRA Apartments

Metropolitan Fishers

The Seasons of Carmel

River Place Flats

Sunrise on the Monon
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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 | $1,191 | $799 | $1,498 |
| Keystone 1 Bedroom Apartments | $1,343 | $880 | $1,995 |
| Keystone 2 Bedroom Apartments | $1,582 | $1,049 | $2,776 |
| Keystone 3 Bedroom Apartments | $2,180 | $1,429 | $3,496 |
Browse Apartments in this Neighborhood
There are currently 41 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 $799. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Hub at Nora | Studio - The Core | Studio,1BA | $799 |
| River Road Apartments | Villa | 1BR,1BA | $880 |
| Northwood on the Trail | Redbud | 1BR,1BA | $950 |
| College Courts | 1 Bed/1 Bath Up (D) | 1BR,1BA | $994 |
| TGM Autumn Woods | A2 | 1BR,1BA | $999 |
| Woodbridge Castleton | 1 Bedroom Apartment | 1BR,1BA | $1,042 |
| Parkside at Castleton Square Apartments and Townhomes | One Bedroom | 1BR,1BA | $1,075 |
| Elevate Keystone Apartments | The Keystone | Studio,1BA | $1,099 |
| Metropolitan Fishers | Fallingbrook | 1BR,1BA | $1,108 |
| Retreat at Riverbend Apartment Homes | Wonder | 2BR,2BA | $1,113 |
Best Value Apartments for Rent in Keystone, IN
As of August 06, 2026 the best value apartment in the Keystone area is the $1.01 price per square foot Harmony: Three Bedroom Apartment Model at Somerset Lakes in the in the Nora neighborhood starting from $1,641. The second greatest value Keystone apartment is the The Raleigh Model at The Seasons of Carmel starting at $2,156 with a $1.60 price per square foot in the Carmel 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. |
|---|---|---|---|
| Somerset Lakes | Harmony: Three Bedroom Apartment | 3BR,2BA | $1.01 |
| The Seasons of Carmel | The Raleigh | 2BR,2BA | $1.60 |
| Veridian Castleton | B4 - Townhome | 2BR,1.5BA | $1.18 |
| Ivy Knoll Apartments | 2Bd/2Ba Dn W/D | 2BR,2BA | $1.09 |
| The Preserve on Allisonville Townhomes | Two Bedroom Townhome | 2BR,1.5BA | $1.26 |
| Woodbridge Castleton | 2 Bedroom Townhome | 2BR,1.5BA | $1.49 |
| Northwood on the Trail | Sugar Maple | 2BR,1BA | $1.32 |
| Metropolitan Fishers | Fallingbrook | 1BR,1BA | $1.37 |
| Retreat at Riverbend Apartment Homes | Captivate | 1BR,1BA | $1.56 |
| Scandia Apartments | Tivoli | 1BR,1BA | $1.49 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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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 the Cheapest Studio apartment in Keystone?
Currently the most affordable Cheap Studio Apartment in Keystone is at The Hub at Nora listed at $799.
How much is rent for a Cheap One Bedroom Keystone Apartment?
The lowest price for a Cheap One Bedroom Keystone Apartment is $880 at River Road Apartments.
What is the lowest price for a Cheap Two Bedroom Keystone Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Keystone is starting from $1,049 at The Hub at Nora.
What is the most affordable Keystone Three Bedroom Apartment?
The best deal on a cheap Keystone Three Bedroom Apartment rental is at Scandia Apartments and starts from $1,429.
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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Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

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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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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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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.
Articles, How-To's, and Tips

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