Cheap Apartments for Rent in the Kingpark Neighborhood of Indianapolis, IN from $500 (46 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Kingpark area of Indianapolis.

property at 146 E 19th St

$824

2 Bedroom Rentals

Available Now

146 E 19th St

IndianapolisIN46202

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.

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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.

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16 Park Apartments
1 to 4 Bedroom Apartments

16 Park Apartments

1621 N Park AveIndianapolis, IN 46202
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Northside Flats Apartments
Studio to 2 Bedroom Apartments

Northside Flats Apartments

1503 N Pennsylvania StIndianapolis, IN 46202
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Windsor
Studio to 1 Bedroom Apartments

Windsor

1235 N Delaware StIndianapolis, IN 46202
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Barbee
1 Bedroom Apartments

Barbee

1215 N Pennsylvania StIndianapolis, IN 46202
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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The Jordan
Studio to 1 Bedroom Apartments

The Jordan

1445 N Delaware StIndianapolis, IN 46202
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PICCADILLY
Studio to 3 Bedroom Apartments

PICCADILLY

28 E 16th StIndianapolis, IN 46202
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The Harrison
Studio to 1 Bedroom Apartments

The Harrison

1320 N Delaware StIndianapolis, IN 46202
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The Marleigh
Studio to 1 Bedroom Apartments

The Marleigh

1434-1448 N Delaware StIndianapolis, IN 46202
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1733 N. Meridian
1 Bedroom Apartments

1733 N. Meridian

1733 N Meridian StIndianapolis, IN 46202
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Victoria Apartments
Studio Apartments

Victoria Apartments

1244 N Illinois StIndianapolis, IN 46202
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The Whitaker
1 to 2 Bedroom Apartments

The Whitaker

1504 N Pennsylvania StIndianapolis, IN 46202
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Monon Lofts
1 to 2 Bedroom Apartments

Monon Lofts

1122 E 16th StIndianapolis, IN 46202
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Chelsea Manor
1 to 2 Bedroom Apartments

Chelsea Manor

1451 Central AveIndianapolis, IN 46202
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Madison Apartments
1 to 2 Bedroom Apartments

Madison Apartments

226 E 12th StIndianapolis, IN 46202
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Stonegate Apartments
Studio to 3 Bedroom Apartments

Stonegate Apartments

1220-1226 N Illinois StIndianapolis, IN 46202
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Utomin Apartments
Studio to 2 Bedroom Apartments

Utomin Apartments

1112 N College AveIndianapolis, IN 46202
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Broadway Heights
2 Bedroom Apartments

Broadway Heights

1927 Broadway StIndianapolis, IN 46202
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Raleigh
Studio to 2 Bedroom Apartments

Raleigh

108 E 13th StIndianapolis, IN 46202
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PENN ARTS
1 to 2 Bedroom Apartments

PENN ARTS

111 E 16th StIndianapolis, IN 46202
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Van Dyke
Studio to 2 Bedroom Apartments

Van Dyke

1229 N Pennsylvania StIndianapolis, IN 46202
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Maryden on Central
Studio to 2 Bedroom Apartments

Maryden on Central

1308 Central AveIndianapolis, IN 46202
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Spink
Studio to 1 Bedroom Apartments

Spink

1433 N Pennsylvania StIndianapolis, IN 46202

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-46, Page 1 of 1

Cheapest Available Kingpark Apartments for Rent

 

The cheapest available apartment rental in the Kingpark area of Indianapolis, IN is a Studio unit found at The Sheldrake Apartments priced from $700. INDY FLATS has the second lowest priced unit, which is a Studio apartment currently listed from $705. Here are the most affordable Kingpark apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Sheldrake ApartmentsStudio HybridStudio,1BA$700
INDY FLATSSherwood Std DStudio,1BA$705
St. Agnes Apartments5th Floor Studio LargeStudio,1BA$785
Priscilla on PennsylvaniaStudio- 1st Floor CornerStudio,1BA$899
1010 CentralLoft 50%1BR,1BA$956
Traymore ApartmentsOne Bedroom1BR,1BA$960
St. JamesOne Bedroom - Sublevel1BR,1BA$980
College Manor1 BR1BR,1BA$990
Circle City ApartmentsWinterhouse Studio 410Studio,1BA$995
Maryden on CentralThe Escape at MarydenStudio,1BA$1,005

Best Value Apartments for Rent in Kingpark, IN

As of December 24, 2025 the best value apartment in the Kingpark area is the $0.87 price per square foot 2322 Guilford Ave Model at 2322 Guilford Ave, Unit A in the in the Martindale neighborhood starting from $1,300. The second greatest value Kingpark apartment is the F Model at Townhomes at Fall Creek Place starting at $1,626 with a $1.61 price per square foot in the Near North Indianapolis neighborhood. Here is today’s list of the best values for Kingpark apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2322 Guilford Ave, Unit A2322 Guilford Ave3BR,1BA$0.87
Townhomes at Fall Creek PlaceF2BR,1BA$1.61
PavillionTwo Bedrooms, One Bathroom2BR,1BA$1.41
Van DykeVan Dyke 1B 8301BR,1BA$1.55
The Parkview3041BR,1BA$1.46
The Washington2 Bedroom2BR,1BA$1.47
1010 CentralGarage 60%1BR,1BA$1.70
College Manor1 BR1BR,1BA$1.48
Traymore ApartmentsOne Bedroom1BR,1BA$1.60
The Sheldrake ApartmentsStudio HybridStudio ,1BA$1.54

Frequently Asked Questions about Cheap Kingpark Apartments

What is the Cheapest Studio apartment in Kingpark?

Currently the most affordable Cheap Studio Apartment in Kingpark is at The Sheldrake Apartments listed at $700.

How much is rent for a Cheap One Bedroom Kingpark Apartment?

The lowest price for a Cheap One Bedroom Kingpark Apartment is $880 at INDY FLATS.

What is the lowest price for a Cheap Two Bedroom Kingpark Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Kingpark is starting from $1,025 at The Washington.

What is the most affordable Kingpark Three Bedroom Apartment?

The best deal on a cheap Kingpark Three Bedroom Apartment rental is at The Grounds and starts from $3,499.

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

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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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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!