Cheap Apartments for Rent in the Keystone Neighborhood of Indianapolis, IN from $800 (18 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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.

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.

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Northview
1 Bedroom Apartments

Northview

8607 Cholla RdIndianapolis, IN 46240
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VITRA Apartments
1 to 2 Bedroom Apartments

VITRA Apartments

8785 Keystone XingIndianapolis, IN 46240

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 1 Bed unit found at Scandia Apartments priced from $894. Woodbridge Castleton has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,011. Here are the most affordable Keystone apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Scandia ApartmentsDannenborg1BR,1BA$894
Woodbridge Castleton1 Bedroom Apartment1BR,1BA$1,011
Riverbend ApartmentsNaples1BR,1BA$1,024
TGM Autumn WoodsA21BR,1BA$1,099
NorthviewBeacon1BR,1BA$1,099

Best Value Apartments for Rent in Keystone, IN

As of June 22, 2025 the best value apartment in the Keystone area is the $1.31 price per square foot Bordeaux Model at The Retreat at Carmel in the in the Nora neighborhood starting from $2,018. The second greatest value Keystone apartment is the 2Bd/2Ba Up W/D Model at Ivy Knoll Apartments starting at $1,379 with a $1.15 price per square foot in the Roxbury 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 CarmelBordeaux2BR,2BA$1.31
Ivy Knoll Apartments2Bd/2Ba Up W/D2BR,2BA$1.15
Woodbridge Castleton3 Bedroom Townhome3BR,1.5BA$1.47
Somerset LakesLeisure: One Bedroom Apartment With Den1BR,1BA$1.37
The Preserve on Allisonville TownhomesTwo Bedroom Townhome2BR,1.5BA$1.43
Riverbend ApartmentsDublin1BR,1BA$1.69
Castle Creek ApartmentsWillow2BR,1BA$1.67
Scandia ApartmentsTivoli1BR,1BA$1.21
TGM Autumn WoodsA21BR,1BA$1.42
NorthviewBeacon1BR,1BA$1.72

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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.

Getting Around the Keystone Neighborhood in Indianapolis, IN

Walk Score®

44 / 100

Car-Dependent

Most errands require a car

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

20 / 100

Minimal Transit

It may be possible to get on a bus

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 Nook Nine listed at $1,289.

How much is rent for a Cheap One Bedroom Keystone Apartment?

The lowest price for a Cheap One Bedroom Keystone Apartment is $894 at Scandia 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 $1,113 at Riverbend Apartments.

What is the most affordable Keystone Three Bedroom Apartment?

The best deal on a cheap Keystone Three Bedroom Apartment rental is at Woodbridge Castleton and starts from $1,724.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.