
Cheap Homes for Rent in Keystone Neighborhood of Indianapolis, IN from $1,300 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Keystone area of Indianapolis.


9740 San Marco Pass

9631 Kittrell Dr
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1811 E 75th St

9750 Lake Shore Dr E

8510 Westfield Blvd
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.

8506 Westfield Blvd
Keystone, Indianapolis, IN Local Guide

How much does it cost to rent a home in Keystone?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Keystone 2 Bedroom Homes for Rent | $2,000 | $2,000 | $2,000 |
| Keystone 3 Bedroom Homes for Rent | $1,771 | $1,300 | $2,015 |
| Keystone 5 Bedroom Homes for Rent | $3,495 | $3,495 | $3,495 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Keystone Neighborhood of Indianapolis, IN.
Explore Indianapolis
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 $829. 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 Suite with Patio/Balcony - The Spark | Studio,1BA | $829 |
| River Road Apartments | Villa | 1BR,1BA | $880 |
| Scandia Apartments | Tivoli | 1BR,1BA | $894 |
Best Value Apartments for Rent in Keystone, IN
As of March 22, 2026 the best value apartment in the Keystone area is the $1.44 price per square foot Monterey II Model at The Retreat at Carmel in the in the Nora neighborhood starting from $2,368. The second greatest value Keystone apartment is the Sanctuary: Two Bedroom Apartment Model at Somerset Lakes starting at $1,447 with a $1.08 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Retreat at Carmel | Monterey II | 3BR,2BA | $1.44 |
| Somerset Lakes | Sanctuary: Two Bedroom Apartment | 2BR,2BA | $1.08 |
| Veridian Castleton | B4 - Townhome | 2BR,1.5BA | $1.15 |
| Ivy Knoll Apartments | 2Bd/2Ba Dn W/D | 2BR,2BA | $1.17 |
| The Preserve on Allisonville Townhomes | Two Bedroom Townhome | 2BR,1.5BA | $1.34 |
| Northwood on the Trail | Sugar Maple | 2BR,1BA | $1.40 |
| Carlyle Court | Two Bedroom One Bathroom (CN1) | 2BR,1BA | $1.32 |
| Metropolitan Fishers | Deerbrook | 1BR,1BA | $1.42 |
| Scandia Apartments | Tivoli | 1BR,1BA | $1.15 |
| Riverbend Apartments | Tranquility | 1BR,1BA | $1.45 |
Frequently Asked Questions about Keystone
What type of rentals are currently available in Keystone?
There are currently 43 Apartments for Rent in Keystone, IN with pricing that ranges from $829 to $5,344. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Keystone ranging from $1,300 to $3,495.
What is the current price range for Rental Homes in Keystone?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Keystone ranges from $1,300 to $3,495 with an average monthly rent of $2,327.
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

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.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
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.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
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.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.