Cheap Apartments for Rent in the Linden Wood Neighborhood of Indianapolis, IN from $600 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Linden Wood area of Indianapolis.

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Crossroads at Madison
Studio to 2 Bedroom Apartments

Crossroads at Madison

4725 Madison AveIndianapolis, IN 46227
  • Utilities Included
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Estate View
1 to 2 Bedroom Apartments

Estate View

6768 S East StIndianapolis, IN 46227
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Pleasant Creek Apartments
Studio to 2 Bedroom Apartments

Pleasant Creek Apartments

2816 E County Line RdIndianapolis, IN 46227
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Windsor Court
1 to 2 Bedroom Apartments

Windsor Court

7302 Queen Anne CtIndianapolis, IN 46227

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South & Madison
Studio to 3 Bedroom Apartments

South & Madison

1819 Madison Village DrIndianapolis, IN 46227
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Crossroads at Southgreen
1 to 2 Bedroom Apartments

Crossroads at Southgreen

5030 Southgreen DrIndianapolis, IN 46227
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The Sterling
1 to 2 Bedroom Apartments

The Sterling

8020 Madison AveIndianapolis, IN 46227
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Fountain Lake Villas
Studio to 3 Bedroom Apartments

Fountain Lake Villas

2220 E Stop 13 RdIndianapolis, IN 46227
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Showing Results 1-27, Page 1 of 1

Cheapest Available Linden Wood Apartments for Rent

 

The cheapest available apartment rental in the Linden Wood area of Indianapolis, IN is a Studio unit found at 5700 Madison Apartments & Edgewood on Madison priced from $715. Sherbrook has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Linden Wood apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
5700 Madison Apartments & Edgewood on MadisonEdgewood - CypressStudio,1BA$715
SherbrookStudioStudio,1BA$799
South & MadisonE2Studio,1BA$809
Polo Run ApartmentsThe Shetland StudioStudio,1BA$810
Brookwood Apartments1 Bedroom 1 Bathroom1BR,1BA$839
Greentree Apartments1 Bedroom 1 Bathroom1BR,1BA$850
The SterlingThe Lexington1BR,1BA$875
Buckridge at Southport2BR/1.0BA2BR,1BA$900
Windsor CourtDeluxe One Bedroom (AN)1BR,1BA$920
Berkley CommonsOne Bedroom One Bath1BR,1BA$925

Best Value Apartments for Rent in Linden Wood, IN

As of February 23, 2026 the best value apartment in the Linden Wood area is the $1.12 price per square foot 4946 Camden St Model at 4946 Camden St, Unit Big Camden in the in the Shelby Street-Epler Avenue neighborhood starting from $1,900. The second greatest value Linden Wood apartment is the 2 Bedroom 1.5 Bath Townhome Model at Mansfield Village Townhomes starting at $1,650 with a $1.24 price per square foot in the Winchester Village neighborhood. Here is today’s list of the best values for Linden Wood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4946 Camden St, Unit Big Camden4946 Camden St3BR,2BA$1.12
Mansfield Village Townhomes2 Bedroom 1.5 Bath Townhome2BR,1.5BA$1.24
Aspen LakesLarge 2 Bedrooms 2 Baths - Phase II2BR,2BA$1.24
Dakota RidgeYellowstone2BR,2BA$1.22
Oak ParkDale - Upgraded2BR,1BA$1.28
Martinique Terrace2 Bed/1 Ba Standard Dn2BR,1BA$1.27
South & MadisonB22BR,1BA$1.19
The SterlingThe Lexington1BR,1BA$1.18
Buckridge at Southport1BR/1.0BA1BR,1BA$1.25
SOUTHPORT AT BUCK CREEK1 Bedroom1BR,1BA$1.35

Frequently Asked Questions about Cheap Linden Wood Apartments

What is a cheap apartment in Linden Wood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Linden Wood is under $925.

What is the price of a cheap apartment in Linden Wood?

The cheapest apartment in Linden Wood is South & Madison which is listed at $830, while the average apartment in Linden Wood costs $1,662.

What types of apartments are the cheapest in Linden Wood?

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 37 regular apartments in Linden Wood 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 Linden Wood?

Cheap apartments in Linden Wood have an average cost of $201 which is $1,461 cheaper than the average rent for all rentals in Linden Wood.

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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