
Apartments for Rent in the Lexington Farms Neighborhood of Indianapolis, IN (59 Rentals)


River Road Apartments

Pinnacle on Meridian

Nook Nine

The Eclipse Apartment Homes

Ironworks at Keystone

The Hub at Nora

College Courts

Lake Clearwater Apartments

River Crossing
Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

82 Flats

Quarry at River North

The Edge

Notch at Nora

Northview

The Lodge at Trails Edge

Total Monthly Price
ReNew at the Crossing

Ashton Brook

Northwood on the Trail

11034 Central Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

10838 Belair Dr

1160 Birnam Woods Trail

10145 Central Ave

Total Monthly Price
L’Etoile Apartments

The Signature at Carmel

Sunrise on the Monon

The Olivia

Sophia Square

Mezz 42

Lakes of Carmel
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

The Retreat at Carmel

The Wren & The Windsor

Total Monthly Price
The Steadman Apartments of Carmel

Penn Circle

Portrait Midtown

The Kent at Carmel City Center

Park Lane Apartments

Muse Carmel

VER at Proscenium Apartments

Woodland Springs Apartment Homes
Lexington Farms - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

The Residences at Carmel City Center

The Seasons of Carmel

The Apartments at 1st on Main

The Gallery Apartments

Providence at Old Meridian

Governor Square

Icon on Main

Railyard at Midtown

Avant

Old Town On The Monon
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Lexington Farms, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Lexington Farms?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lexington Farms Studio Apartments | $1,278 | $849 | $2,087 |
| Lexington Farms 1 Bedroom Apartments | $1,530 | $880 | $2,659 |
| Lexington Farms 2 Bedroom Apartments | $1,932 | $1,049 | $4,282 |
| Lexington Farms 3 Bedroom Apartments | $2,408 | $1,499 | $4,466 |
How much does it cost to rent a home in Lexington Farms?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 3 Bedroom Homes | $2,595 | $1,865 | $3,300 |
Browse Apartments in this Neighborhood
There are currently 59 rentals with your search options within a 2 mile radius of the Lexington Farms Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Lexington Farms, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Tour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.
Read ArticleNavigating 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.
Read ArticleYour Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleLexington Farms, Indianapolis, IN
Ranked #25
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving.com is proud to bring you Lifestyle Ratings of rentals in cities and towns across the United States, including Indianapolis. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, transit availability, pet-friendly communities, family-friendliness, walking, and biking. These search options are in the site filters at the top of this page.
Luxury Living Rating
This residential neighborhood ranks as one of our favorite high-end neighborhoods in town, with a score of 4.0 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like saunas, pools, sport courts, proximity to great shopping areas, views, access to parks, and amenities like granite countertops, range hoods, and high-end appliances. Other luxury items often include tile or hardwood floors, access to sports facilities like golf, raquetball, and tennis, and a full-time security staff or doorman.
Frequently Asked Questions about Lexington Farms
What is the current pricing and availability for apartments for rent in the Lexington Farms area of Indianapolis, IN?
As of today, September 10, 2026, there are currently 59 available Lexington Farms apartments priced from $849 to $4,466, with an average monthly rent of $1,790.
How much are Studio apartments in Lexington Farms?
There are currently 16 Studio Apartments in Lexington Farms with rent ranges from $849 to $2,087 with an average price of $1,278.
What is the current price range for One Bedroom Lexington Farms Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Lexington Farms ranges from $880 to $2,659 with an average monthly rent of $1,530.
What does renting a Two Bedroom Apartment in Lexington Farms cost?
The monthly rent prices of Two Bedroom Apartments currently available in Lexington Farms range from $1,049 to $4,282. Today's average rental price for Two Bedrooms here is $1,932.
How expensive are Lexington Farms Three Bedroom Apartments?
There are currently 26 Three Bedroom Apartments listings available in Lexington Farms on ApartmentHomeLiving.com. The pricing ranges from $1,499 to $4,466 - averaging $2,408 for the location.
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

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.

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.

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.

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.
Articles, How-To's, and Tips

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.