
Cheap Apartments for Rent in the Lockerbie Square Neighborhood of Indianapolis, IN from $500 (101 Rentals) Page 2 of 3
Search the lowest-cost Apartments available for rent right now in the Lockerbie Square area of Indianapolis.


The Harrison

The Marleigh

518 S State Ave

Traymore Apartments

550 Fletcher Ave

Capitol Manor

Victoria Apartments

Indy Christian Place Apartments LLC

Chelsea Manor
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.

Mayleeno

590 Woodruff Pl W Dr

Senate Manor

The Seminole

Trail Side

Gathyr Apartments

Stonegate Apartments

919 Broadway St

Indy Downtown Colonial Apartments

Raleigh
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Van Dyke

The Maryden

Madison Apartments

College Manor

Spink

Grid

The McKay

The Richelieu

Illinois Street Senior Apartments

Ohio Street TownHomes
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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Blacherne Apartments

The 101

230 E 9th St

Roberts School Flats

The Pennsylvania

312 E 13th St

Whittier Place

Apollo & Aurora Apartments

Wyndham on Delaware

230 E 9th St, Unit 304, Unit 304
Lockerbie Square - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

450 N Massachusetts Ave

1529 E Ohio St

The Vue

The Congress at Library Square

Fletcher Place Terrace

Turnverein Apartments

Fletcher Place Lofts

Pointe on Mass

1541 E Ohio St

St. Joseph Flats
Lockerbie Square, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Lockerbie Square?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lockerbie Square Studio Apartments | $1,282 | $655 | $3,507 |
| Lockerbie Square 1 Bedroom Apartments | $1,673 | $800 | $4,071 |
| Lockerbie Square 2 Bedroom Apartments | $2,236 | $846 | $6,669 |
| Lockerbie Square 3 Bedroom Apartments | $3,853 | $2,184 | $7,830 |
| Lockerbie Square 4 Bedroom Apartments | $4,264 | $4,264 | $4,264 |
Browse Apartments in this Neighborhood
There are currently 101 rentals with your search options within a 1 mile radius of the Lockerbie Square Neighborhood of Indianapolis, IN.
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Frequently Asked Questions about Cheap Lockerbie Square Apartments
What is a cheap apartment in Lockerbie Square?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lockerbie Square is under $975.
What is the price of a cheap apartment in Lockerbie Square?
The cheapest apartment in Lockerbie Square is INDY FLATS which is listed at $830, while the average apartment in Lockerbie Square costs $4,299.
What types of apartments are the cheapest in Lockerbie Square?
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 79 regular apartments in Lockerbie Square 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 Lockerbie Square?
Cheap apartments in Lockerbie Square have an average cost of $241 which is $4,058 cheaper than the average rent for all rentals in Lockerbie Square.
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
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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.

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Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
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Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.