
Cheap Apartments for Rent in the Keystone Neighborhood of Indianapolis, IN from $800 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Keystone area of Indianapolis.


Scandia Apartments

Woodbridge Castleton

Riverbend Apartments

TGM Autumn Woods

Lakeshore Apartments
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.

River Crossing

River Ridge

Nook Nine

Castle Creek Apartments

Lake Clearwater Apartments

Ironworks at Keystone
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.

The Edge

82 Flats At The Crossing

Ivy Knoll Apartments
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.
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 | $1,411 | $1,289 | $1,512 |
Keystone 1 Bedroom Apartments | $1,418 | $850 | $2,707 |
Keystone 2 Bedroom Apartments | $1,920 | $939 | $5,232 |
Keystone 3 Bedroom Apartments | $2,458 | $1,159 | $4,403 |
Browse Apartments in this Neighborhood
There are currently 18 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
- Nearby Indianapolis neighborhoods
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Scandia Apartments | Dannenborg | 1BR,1BA | $894 |
Woodbridge Castleton | 1 Bedroom Apartment | 1BR,1BA | $1,011 |
Riverbend Apartments | Naples | 1BR,1BA | $1,024 |
TGM Autumn Woods | A2 | 1BR,1BA | $1,099 |
Northview | Beacon | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Retreat at Carmel | Bordeaux | 2BR,2BA | $1.31 |
Ivy Knoll Apartments | 2Bd/2Ba Up W/D | 2BR,2BA | $1.15 |
Woodbridge Castleton | 3 Bedroom Townhome | 3BR,1.5BA | $1.47 |
Somerset Lakes | Leisure: One Bedroom Apartment With Den | 1BR,1BA | $1.37 |
The Preserve on Allisonville Townhomes | Two Bedroom Townhome | 2BR,1.5BA | $1.43 |
Riverbend Apartments | Dublin | 1BR,1BA | $1.69 |
Castle Creek Apartments | Willow | 2BR,1BA | $1.67 |
Scandia Apartments | Tivoli | 1BR,1BA | $1.21 |
TGM Autumn Woods | A2 | 1BR,1BA | $1.42 |
Northview | Beacon | 1BR,1BA | $1.72 |
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.
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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.

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.

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.

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.

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.