Cheap Homes for Rent in the Lexington Farms Neighborhood of Indianapolis, IN from $1,500 (8 Rentals)

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

property at 1117 E 105th St

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1117 E 105th St

CarmelIN46280

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property at 10814 Broadway St

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

3 Bedroom, 1.5 Bath Home for Rent

Available Now

10814 Broadway St

CarmelIN46280
property at 10604 Central Ave

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

3 Bedroom, 2.5 Bath Townhome for Rent

Available Now

10604 Central Ave

CarmelIN46280

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Lexington Farms, Indianapolis, IN Local Guide

Cheapest Available Lexington Farms Apartments for Rent

 

The cheapest available apartment rental in the Lexington Farms area of Indianapolis, IN is a Studio unit found at The Hub at Nora priced from $699. Northwood on the Trail has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Lexington Farms apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Hub at NoraStudio - The CoreStudio,1BA$699
Northwood on the TrailRedbud1BR,1BA$950
College Courts1 Bed/1 Bath Up (D)1BR,1BA$994

Best Value Apartments for Rent in Lexington Farms, IN

As of August 03, 2026 the best value apartment in the Lexington Farms area is the $1.60 price per square foot The Raleigh Model at The Seasons of Carmel in the in the Carmel neighborhood starting from $2,156. The second greatest value Lexington Farms apartment is the Three Bedroom Townhome Model at Ashton Brook starting at $2,060 with a $1.85 price per square foot in the Nora neighborhood. Here is today’s list of the best values for Lexington Farms apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Seasons of CarmelThe Raleigh2BR,2BA$1.60
Ashton BrookThree Bedroom Townhome3BR,1.5BA$1.85
Northwood on the TrailSugar Maple2BR,1BA$1.32
Governor SquareDurbin - Renovated1BR,1BA$1.47
17 Woodland Dr, Unit Upstair Rental17 Woodland Dr5BR,1BA$1.20
Penn CircleA41BR,1BA$1.95
GramercyVerde (1.10A)1BR,1BA$1.64
The Lodge at Trails EdgeThe Elk1BR,1BA$1.71
College Courts1 Bed/1 Bath Dn (C)1BR,1BA$1.67
The Hub at NoraStudio Suite with Patio/Balcony - The SparkStudio ,1BA$1.93

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Your 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

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Real 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.

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Pet Friendly Lifestyle
Lexington Farms, Indianapolis, IN

Ranked #76

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Lexington Farms

What type of rentals are currently available in Lexington Farms?

There are currently 40 Apartments for Rent in Lexington Farms, IN with pricing that ranges from $699 to $4,466. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lexington Farms ranging from $1,595 to $4,000.

What is the current price range for Rental Homes in Lexington Farms?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lexington Farms ranges from $1,595 to $4,000 with an average monthly rent of $2,374.

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.

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