
Cheap Homes for Rent in Keystone Neighborhood of Indianapolis, IN from $1,400 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Keystone area of Indianapolis.


6914 N Keystone Ave

4714 Cameron Ridge 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.

2525 Solana Way

8105 Allisonville Rd
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.
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 | $1,939 | $1,495 | $2,222 |
| Keystone 3 Bedroom Homes for Rent | $2,154 | $1,850 | $2,375 |
| Keystone 4 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Browse Homes for Rent in this Neighborhood
There are currently 6 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 $699. College Courts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $844. 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 - The Core | Studio,1BA | $699 |
| College Courts | 1 Bed/1 Bath Up (A) | 1BR,1BA | $844 |
| Riverbend Apartments | Barcelona | 1BR,1BA | $858 |
Best Value Apartments for Rent in Keystone, IN
As of December 20, 2025 the best value apartment in the Keystone area is the $1.49 price per square foot Zenith Model at Sunrise on the Monon in the in the Nora neighborhood starting from $2,427. The second greatest value Keystone apartment is the B4 - Townhome Model at Veridian Castleton starting at $1,428 with a $1.15 price per square foot in the Berkley Place 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. |
|---|---|---|---|
| Sunrise on the Monon | Zenith | 3BR,2BA | $1.49 |
| Veridian Castleton | B4 - Townhome | 2BR,1.5BA | $1.15 |
| Ivy Knoll Apartments | 2Bd/2Ba Dn W/D | 2BR,2BA | $1.25 |
| The Preserve on Allisonville Townhomes | Two Bedroom Townhome | 2BR,1.5BA | $1.39 |
| Metropolitan Fishers | Maplebrook | 2BR,2BA | $1.41 |
| Riverbend Apartments | Dublin | 1BR,1BA | $1.40 |
| Somerset Lakes | Retreat: One Bedroom Apartment | 1BR,1BA | $1.23 |
| Northwood on the Trail | Sugar Maple | 2BR,1BA | $1.40 |
| Woodbridge Castleton | 2 Bedroom Apartment | 2BR,1BA | $1.36 |
| Scandia Apartments | Tivoli | 1BR,1BA | $1.21 |
Frequently Asked Questions about Keystone
What type of rentals are currently available in Keystone?
There are currently 37 Apartments for Rent in Keystone, IN with pricing that ranges from $699 to $4,983. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Keystone ranging from $1,495 to $2,500.
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 $1,495 to $2,500 with an average monthly rent of $2,197.
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.
Articles, How-To's, and Tips

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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
