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$772 - $2,516Studio to 3 Bedroom Apartments Available Now
Scarborough Lake Apartments
6430 Maidstone RdIndianapolis, IN 46254
Cheap Apartments for Rent in the Lincolnwood Neighborhood of Indianapolis, IN from $600 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lincolnwood area of Indianapolis.
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$776 - $1,214Studio to 2 Bedroom Apartments Available Now
Mariners Village Apartments
7135 Islander DrIndianapolis, IN 46214
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$806 - $1,6641 to 3 Bedroom Apartments Available Now
The Life at Wood Springs
6495 Piping Rock LnIndianapolis, IN 46254
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$830 - $1,5701 to 2 Bedroom Apartments Available Now
Spinnaker Court
3685 St Thomas BlvdIndianapolis, IN 46214
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$845 - $1,0201 to 3 Bedroom Apartments Available Now
Woodhaven Park
6363 Commons DrIndianapolis, IN 46254
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$879 - $1,414Studio to 2 Bedroom Apartments Available Now
Fisherman's Village
2975 Coast DrIndianapolis, IN 46214
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.
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$890 - $2,1501 to 2 Bedroom Apartments Available Now
Astoria Park Apartment Homes
3640 Beluga LnIndianapolis, IN 46214
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$899 - $1,4291 to 3 Bedroom Apartments Available Now
Pebble Point
3030 Pebble Point DrIndianapolis, IN 46214
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$950 - $1,4501 to 2 Bedroom Apartments Available Now
Loch Haven
7938 Island Club DrIndianapolis, IN 46214
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$970 - $1,4601 to 2 Bedroom Apartments Available Now
Deercross
7007 Deer Path DrIndianapolis, IN 46254
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$995 - $1,3601 to 2 Bedroom Apartments Available Now
Idlewood Apartments
3543 Idlewood TerIndianapolis, IN 46214
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1 to 3 Bedroom Apartments
Whispering Pines
4444 Mission DrIndianapolis, IN 46254
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.
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Studio to 3 Bedroom Apartments
Aragon Woods
8172 Aragon Woods DrIndianapolis, IN 46214
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Studio to 2 Bedroom Apartments
Windmill
10705 E Us-136Indianapolis, IN 46234
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Studio to 2 Bedroom Apartments
Marabou Mills
3402 Marabou Mills DrIndianapolis, IN 46214
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1 to 3 Bedroom Apartments
Sebring Court
1902 Parsons DrIndianapolis, IN 46224
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1 to 3 Bedroom Apartments
Villa Del Sol Apartments
3636 Mission DrIndianapolis, IN 46224
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1 to 3 Bedroom Apartments
Heather Ridge
3245 Heather Ridge DrIndianapolis, IN 46214
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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1 to 2 Bedroom Apartments
Enclave at Eagle Creek Apartments
5483 Holly Springs Dr WIndianapolis, IN 46254
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Brickyard Flats
6363 Hollister DrSpeedway, IN 46224
Showing Results 1-20, Page 1 of 1
Lincolnwood, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Lincolnwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lincolnwood Studio Apartments | $938 | $802 | $1,209 |
| Lincolnwood 1 Bedroom Apartments | $1,075 | $806 | $1,647 |
| Lincolnwood 2 Bedroom Apartments | $1,352 | $988 | $1,976 |
| Lincolnwood 3 Bedroom Apartments | $1,674 | $1,430 | $2,516 |
Browse Apartments in this Neighborhood
There are currently 20 rentals with your search options within a 2 mile radius of the Lincolnwood Neighborhood of Indianapolis, IN.
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Lincolnwood, Indianapolis, IN Local Guide
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Cheapest Available Lincolnwood Apartments for Rent
The cheapest available apartment rental in the Lincolnwood area of Indianapolis, IN is a 1 Bed unit found at The Life at Wood Springs priced from $806. Spinnaker Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $830. Here are the most affordable Lincolnwood apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Life at Wood Springs | 1 BEDROOM | 1 BATHROOM A | 1BR,1BA | $806 |
| Spinnaker Court | Villa | 1BR,1BA | $830 |
| Woodhaven Park | One Bedroom One Bath | 1BR,1BA | $845 |
| Mariners Village Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $888 |
| Villa Del Sol Apartments | ?Your Perfect 1-Bedroom Awaits — Style, Space ... | 1BR,1BA | $900 |
Best Value Apartments for Rent in Lincolnwood, IN
As of June 19, 2026 the best value apartment in the Lincolnwood area is the $1.31 price per square foot 3 BEDROOM | 2 BATHROOM A Model at The Life at Wood Springs in the in the Timberview neighborhood starting from $1,664. The second greatest value Lincolnwood apartment is the 2 Bedroom 1 Bathroom Model at Mariners Village Apartments starting at $1,164 with a $0.98 price per square foot in the Timberview neighborhood. Here is today’s list of the best values for Lincolnwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Life at Wood Springs | 3 BEDROOM | 2 BATHROOM A | 3BR,2BA | $1.31 |
| Mariners Village Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.98 |
| Villa Del Sol Apartments | ??** Waiting List ** 3 Bed / 1.5 Bath Small Tow... | 3BR,1.5BA | $1.20 |
| Eagle Chase | B1 Canadian | 2BR,2BA | $1.35 |
| Eagle Creek by Spark Living | Shine - Renovated | 1BR,1BA | $1.33 |
| Astoria Park Apartment Homes | Two Bedroom 1.5 Bath - 940 sqft | 2BR,1.5BA | $1.33 |
| Brickyard Flats | B1 | 2BR,1BA | $1.21 |
| Regency Preserve | IRIS | 1BR,1BA | $1.48 |
| Pebble Point | A1 Bliss | 1BR,1BA | $1.34 |
| Woodhaven Park | One Bedroom One Bath | 1BR,1BA | $1.30 |
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
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.
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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.
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Pet Friendly LifestyleLincolnwood, Indianapolis, IN
Ranked #100
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Lincolnwood Apartments
What is the price of a cheap apartment in Lincolnwood?
The cheapest apartment in Lincolnwood is The Life at Wood Springs which is listed at $806, while the average apartment in Lincolnwood costs $1,652.
What types of apartments are the cheapest in Lincolnwood?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 43 regular apartments in Lincolnwood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Lincolnwood?
Cheap apartments in Lincolnwood have an average cost of $375 which is $1,277 cheaper than the average rent for all rentals in Lincolnwood.
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
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.
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.
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.
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
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
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.
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.
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.