Cheap Apartments for Rent in the Keystone Neighborhood of Indianapolis, IN from $700 (44 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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property at 2006 Randall Rd

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

3 Bedroom, 1 Bath Home for Rent

Available Jun 1

2006 Randall Rd

IndianapolisIN46240

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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
  • Utilities Included
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Northview
Studio to 2 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
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 $729. River Road Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $890. 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$729
River Road ApartmentsHideaway1BR,1BA$890
College Courts1 Bed/1 Bath Up (A)1BR,1BA$894
Woodbridge Castleton1 Bedroom Apartment1BR,1BA$994
TGM Autumn WoodsA11BR,1BA$999
Northwood on the TrailRedbud1BR,1BA$1,000
The Lodge at Trails EdgeThe Elk1BR,1BA$1,019
Scandia ApartmentsTivoli1BR,1BA$1,064
Ashton BrookOne Bedroom Apartment1BR,1BA$1,084
Parkside at Castleton Square Apartments and TownhomesOne Bedroom1BR,1BA$1,095

Best Value Apartments for Rent in Keystone, IN

As of May 07, 2026 the best value apartment in the Keystone area is the $1.47 price per square foot Trumpeter Model at Lake Clearwater Apartments in the in the Roxbury neighborhood starting from $2,005. The second greatest value Keystone apartment is the Sanctuary: Two Bedroom Apartment Model at Somerset Lakes starting at $1,513 with a $1.13 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.
Lake Clearwater ApartmentsTrumpeter2BR,2BA$1.47
Somerset LakesSanctuary: Two Bedroom Apartment2BR,2BA$1.13
Veridian CastletonB4 - Townhome2BR,1.5BA$1.15
Ivy Knoll Apartments2Bd/2Ba Dn W/D2BR,2BA$1.17
Metropolitan FishersWillowbrook2BR,2BA$1.25
Northwood on the TrailSugar Maple2BR,1BA$1.40
TGM Autumn WoodsB12BR,1BA$1.41
Scandia ApartmentsTivoli1BR,1BA$1.36
Woodbridge Castleton1 Bedroom Apartment1BR,1BA$1.42
Ashton BrookOne Bedroom Apartment1BR,1BA$1.55

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Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com

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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.

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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 $1,095.

What is the price of a cheap apartment in Keystone?

The cheapest apartment in Keystone is The Hub at Nora which is listed at $829, while the average apartment in Keystone costs $2,526.

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 56 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 $231 which is $2,295 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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