10229 Carrollton Ave
IndianapolisIN46280
Cheap Homes for Rent in Lexington Farms Neighborhood of Indianapolis, IN from $1,700 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Lexington Farms area of Indianapolis.
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.
12584 Tennyson Ln
CarmelIN46032
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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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 | $1,980 | $1,800 | $2,150 |
| Lexington Farms 3 Bedroom Homes for Rent | $2,282 | $1,795 | $2,750 |
| Lexington Farms 5 Bedroom Homes for Rent | $3,800 | $3,800 | $3,800 |
Browse Homes for Rent in this Neighborhood
There are currently 3 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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Best Value Apartments for Rent in Lexington Farms, IN
As of June 26, 2025 the best value apartment in the Lexington Farms area is the $1.49 price per square foot Zenith Model at Sunrise on the Monon in the in the Nora neighborhood starting from $2,427. The second greatest value Lexington Farms apartment is the Bordeaux Model at The Retreat at Carmel starting at $2,018 with a $1.31 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. |
|---|---|---|---|
| Sunrise on the Monon | Zenith | 3BR,2BA | $1.49 |
| The Retreat at Carmel | Bordeaux | 2BR,2BA | $1.31 |
| Overture at Proscenium Apartments | Sydney | 2BR,2BA | $1.85 |
| Penn Circle | B5 | 2BR,2BA | $1.68 |
| Governor Square | Durbin - Renovated | 1BR,1BA | $1.42 |
| Mezz 42 | Accapella (7175A2 1x1 - 890 sqft) | 1BR,1BA | $1.68 |
| The Lodge at Trails Edge | The Everglade | 2BR,1BA | $1.68 |
| Gramercy | Verde (1.10 A) | 1BR,1BA | $1.70 |
| Northwood on the Trail | Redbud | 1BR,1BA | $1.61 |
| Ashton Brook | One Bedroom Apartment | 1BR,1BA | $1.59 |
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Frequently Asked Questions about Lexington Farms
What type of rentals are currently available in Lexington Farms?
There are currently 38 Apartments for Rent in Lexington Farms, IN with pricing that ranges from $800 to $5,200. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lexington Farms ranging from $1,795 to $3,800.
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 $1,795 to $3,800 with an average monthly rent of $2,640.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.