Cheap Homes for Rent in Kingpark Neighborhood of Indianapolis, IN from $900 (13 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 538 W 29th St

$1,099 - $1,349

2 To 3 Bedroom Rentals

Available Now

538 W 29th St

IndianapolisIN46208

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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.

property at 349 W 28th St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

3 Bedroom, 1 Bath Home for Rent

Available Now

349 W 28th St

IndianapolisIN46208

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
1733 N. Meridian1BR1BR,1BA$780
Priscilla on PennsylvaniaStudio- 1st Floor CornerStudio,1BA$799
The WashingtonStudioStudio,1BA$800

Best Value Apartments for Rent in Kingpark, IN

As of June 11, 2026 the best value apartment in the Kingpark area is the $1.76 price per square foot Two Bedroom - Body and Soul Model at Wesmont in the in the Martindale neighborhood starting from $1,729. The second greatest value Kingpark apartment is the Van Dyke 1B 830 Model at Van Dyke starting at $1,290 with a $1.55 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.
WesmontTwo Bedroom - Body and Soul2BR,2BA$1.76
Van DykeVan Dyke 1B 8301BR,1BA$1.55
Apollo & Aurora ApartmentsAlabama1BR,1BA$1.77
Wyndham on DelawareThe Oxford1BR,1BA$1.75
1733 N. Meridian1BR1BR,1BA$1.04
College Manor1 BR1BR,1BA$1.49
Utomin Apartments2 Bedroom2BR,1BA$1.77
Parkview Apartments LLC1 Bedroom 1 Bath - 350901BR,1BA$1.45
St. JamesOne Bedroom - Sublevel1BR,1BA$1.49
The Sheldrake ApartmentsStudio HybridStudio ,1BA$1.54

Frequently Asked Questions about Kingpark

What type of rentals are currently available in Kingpark?

There are currently 163 Apartments for Rent in Kingpark, IN with pricing that ranges from $518 to $5,799. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kingpark ranging from $950 to $3,750.

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 $950 to $3,750 with an average monthly rent of $1,637.

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 $799 to $3,499, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,179 to $3,750. Four Bedroom Single-Family rentals are also available starting from $1,595 and Four Bedroom Apartments start at $5,799.

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

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

decorative image for Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters article

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.

decorative image for Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods article

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.

decorative image for Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home article

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.