Cheap Homes for Rent in Kingpark Neighborhood of Indianapolis, IN from $700 (24 Rentals)

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

property at 410 E 16th St

$895

2 Bedroom Rentals

Available Now

410 E 16th St

IndianapolisIN46202

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Showing Results 1-24, 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

Best Value Apartments for Rent in Kingpark, IN

As of December 26, 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 Kingpark

What type of rentals are currently available in Kingpark?

There are currently 169 Apartments for Rent in Kingpark, IN with pricing that ranges from $595 to $4,500. There are also 86 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kingpark ranging from $750 to $12,000.

What is the current price range for Rental Homes in Kingpark?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Kingpark ranges from $750 to $12,000 with an average monthly rent of $2,087.

How much are larger Three and Four Bedroom Rentals in Kingpark?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Kingpark range from $1,300 to $3,499, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,025 to $3,750. Four Bedroom Single-Family rentals are also available starting from $1,095 and Four Bedroom Apartments start at $3,058.

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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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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.