
Cheap Homes for Rent in Lexington Farms Neighborhood of Indianapolis, IN from $1,300 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Lexington Farms area of Indianapolis.


10504 N Delaware St
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.

9205 Warwick Rd

12598 Tennyson Ln

12598 Tennyson Ln
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.

508 Deacon St
Lexington Farms, Indianapolis, IN Local Guide

How much does it cost to rent a home in Lexington Farms?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lexington Farms 2 Bedroom Homes for Rent | $1,912 | $1,350 | $2,600 |
Lexington Farms 3 Bedroom Homes for Rent | $2,408 | $1,750 | $3,050 |
Lexington Farms 4 Bedroom Homes for Rent | $2,623 | $2,200 | $3,250 |
Lexington Farms 5 Bedroom Homes for Rent | $3,797 | $3,400 | $4,195 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Lexington Farms Neighborhood of Indianapolis, IN.
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Lexington Farms, Indianapolis, IN Local Guide
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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 $749. College Courts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $959. Here are the most affordable Lexington Farms apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Hub at Nora | Studio Suite with Patio/Balcony - 467 Sq Ft | Studio,1BA | $749 |
College Courts | 1 Bed/1 Bath Up (B) | 1BR,1BA | $959 |
Ashton Brook | One Bedroom Apartment | 1BR,1BA | $1,082 |
Best Value Apartments for Rent in Lexington Farms, IN
As of September 11, 2025 the best value apartment in the Lexington Farms area is the $1.52 price per square foot Monterey I Model at The Retreat at Carmel in the in the Nora neighborhood starting from $2,491. The second greatest value Lexington Farms apartment is the Zenith Model at Sunrise on the Monon starting at $2,427 with a $1.49 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Retreat at Carmel | Monterey I | 3BR,2BA | $1.52 |
Sunrise on the Monon | Zenith | 3BR,2BA | $1.49 |
Governor Square | 2 bed 2.5 bath Townh Renovated - Ralston | 2BR,2.5BA | $1.16 |
Lakes of Carmel | Two Bedroom Study | 2BR,2BA | $1.31 |
Overture at Proscenium Apartments | Sydney | 2BR,2BA | $1.85 |
Ashton Brook | Two Bedroom Townhome | 2BR,1.5BA | $1.58 |
Mezz 42 | 7175A4 1x1.5 (885 sqft) | 1BR,1.5BA | $1.81 |
Gramercy | Verde (1.10 A) | 1BR,1BA | $1.64 |
Northwood on the Trail | Redbud | 1BR,1BA | $1.61 |
The Hub at Nora | Studio - 441 Sq Ft | Studio ,1BA | $1.93 |
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Pet Friendly LifestyleLexington Farms, Indianapolis, IN
Ranked #85
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Lexington Farms
What type of rentals are currently available in Lexington Farms?
There are currently 39 Apartments for Rent in Lexington Farms, IN with pricing that ranges from $749 to $4,466. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lexington Farms ranging from $1,350 to $4,195.
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 $1,350 to $4,195 with an average monthly rent of $2,648.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.