Cheap Homes for Rent in Keystone Neighborhood of Indianapolis, IN from $1,500 (18 Rentals)

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

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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 River Road Apartments priced from $880. Scandia Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $894. Here are the most affordable Keystone apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
River Road ApartmentsVilla1BR,1BA$880
Scandia ApartmentsDannenborg1BR,1BA$894
Woodbridge Castleton1 Bedroom Apartment1BR,1BA$971
NorthviewBeacon1BR,1BA$1,099
Riverbend ApartmentsBarcelona1BR,1BA$1,118

Best Value Apartments for Rent in Keystone, IN

As of September 10, 2025 the best value apartment in the Keystone area is the $1.52 price per square foot Monterey I Model at The Retreat at Carmel in the in the Nora neighborhood starting from $2,491. The second greatest value Keystone apartment is the Zenith Model at Sunrise on the Monon starting at $2,427 with a $1.49 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.
The Retreat at CarmelMonterey I3BR,2BA$1.52
Sunrise on the MononZenith3BR,2BA$1.49
Veridian CastletonB4 - Townhome2BR,1.5BA$1.13
Ivy Knoll Apartments2Bd/2Ba Up W/D2BR,2BA$1.19
The Preserve on Allisonville TownhomesTwo Bedroom Townhome2BR,1.5BA$1.34
Scandia ApartmentsHalmstead1BR,1.5BA$1.13
Somerset LakesRetreat: One Bedroom Apartment1BR,1BA$1.47
Metropolitan FishersFallingbrook1BR,1BA$1.58
Woodbridge Castleton1 Bedroom Apartment1BR,1BA$1.38
Ashton BrookOne Bedroom Apartment1BR,1BA$1.54

Frequently Asked Questions about Keystone

What type of rentals are currently available in Keystone?

There are currently 26 Apartments for Rent in Keystone, IN with pricing that ranges from $749 to $4,428. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Keystone ranging from $1,550 to $2,900.

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 $1,550 to $2,900 with an average monthly rent of $2,204.

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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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.