Cheap Apartments for Rent in the Keystone Neighborhood of Indianapolis, IN from $802 (45 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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Retreat at Riverbend
Rent Specials
$1,001 - $1,615

Total Monthly Price

Base Rent$1,001 - $1,615
Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

Retreat at Riverbend

8850 River Bend PkyIndianapolis, IN 46250
Affordability
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Shore Acres
Studio to 3 Bedroom Apartments

Shore Acres

1105 Westfield Ct WIndianapolis, IN 46240
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Carlyle Court
1 to 2 Bedroom Apartments

Carlyle Court

951 Carlyle LnIndianapolis, IN 46240
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Crestwood Village North
Studio to 2 Bedroom Apartments

Crestwood Village North

9225 Garrison DrIndianapolis, IN 46240
Senior Living
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VITRA Apartments
1 to 2 Bedroom Apartments

VITRA Apartments

8785 Keystone XingIndianapolis, IN 46240
Corporate Housing

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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 $849. College Courts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $864. Here are the most affordable Keystone apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Hub at NoraStudio - The CoreStudio, 1BA$849
College Courts1 Bed/1 Bath Dn (A)1BR, 1BA$864
River Road ApartmentsVilla1BR, 1BA$880
Northwood on the TrailRedbud1BR, 1BA$922
Retreat at RiverbendHarmony1BR, 1BA$1,001
The Lodge at Trails EdgeThe Elk1BR, 1BA$1,041
TGM Autumn WoodsA21BR, 1BA$1,049
Ashton BrookOne Bedroom Apartment1BR, 1BA$1,084
Elevate Keystone ApartmentsThe KeystoneStudio, 1BA$1,099
Veridian CastletonB12BR, 1BA$1,108

Best Value Apartments for Rent in Keystone, IN

As of September 20, 2026 the best value apartment in the Keystone area is the $1.18 price per square foot B4 - Townhome Model at Veridian Castleton in the Berkley Place neighborhood starting from $1,470. The second greatest value Keystone apartment is the 2Bd/2Ba Dn W/D Model at Ivy Knoll Apartments in the Roxbury neighborhood starting at $1,349 with a $1.13 price per square foot. 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.
Veridian CastletonB4 - Townhome2BR, 1.5BA$1.18
Ivy Knoll Apartments2Bd/2Ba Dn W/D2BR, 2BA$1.13
The Preserve on Allisonville TownhomesTwo Bedroom Townhome2BR, 1.5BA$1.47
Woodbridge Castleton2 Bedroom Townhome2BR, 1.5BA$1.36
Parkside at Castleton Square Apartments and TownhomesTwo Bedroom 2 Bath2BR, 2BA$1.37
Metropolitan FishersDeerbrook1BR, 1BA$1.41
Scandia ApartmentsTivoli1BR, 1BA$1.43
TGM Autumn WoodsA21BR, 1BA$1.35
Northwood on the TrailRedbud1BR, 1BA$1.27
The Lodge at Trails EdgeThe Elk1BR, 1BA$1.59

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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.

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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 $1,108.

What is the price of a cheap apartment in Keystone?

The cheapest apartment in Keystone is College Courts which is listed at $864, while the average apartment in Keystone costs $1,499.

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 61 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 $242 which is $1,257 cheaper than the average rent for all rentals in Keystone.

Expert Rental Resources

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