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$8491 Bedroom Apartments Available Now
103 E 9th St, Unit 32
103 E 9th StIndianapolis, IN 46202
Cheap Homes for Rent in the Lockerbie Square Neighborhood of Indianapolis, IN from $850 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Lockerbie Square area of Indianapolis.
2226 1/2 Fulton St
IndianapolisIN46202
506 Woodruff Place Middle Dr, Unit 506.5
506 Woodruff Place Middle Dr
IndianapolisIN46201
1546 E 10th St
IndianapolisIN46201
312 E 13th St
IndianapolisIN46202
1525 E Market St
IndianapolisIN46201
Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.
1523 E Market St
IndianapolisIN46201
1523 E Market St
IndianapolisIN46201
1525 E Market St
IndianapolisIN46201
417 N State Ave
IndianapolisIN46201
12 N Randolph St
IndianapolisIN46201
537 E 11th St
IndianapolisIN46202
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
230 E 9th St
IndianapolisIN46204
Showing Results 1-13, Page 1 of 1
Lockerbie Square, Indianapolis, IN Local Guide
How much does it cost to rent a home in Lockerbie Square?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lockerbie Square 2 Bedroom Homes for Rent | $1,955 | $1,299 | $2,500 |
| Lockerbie Square 3 Bedroom Homes for Rent | $2,281 | $1,300 | $4,350 |
| Lockerbie Square 4 Bedroom Homes for Rent | $3,246 | $2,495 | $4,750 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 1 mile radius of the Lockerbie Square Neighborhood of Indianapolis, IN.
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Lockerbie Square, Indianapolis, IN Local Guide
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Cheapest Available Lockerbie Square Apartments for Rent
The cheapest available apartment rental in the Lockerbie Square area of Indianapolis, IN is a Studio unit found at INDY FLATS priced from $675. 1515-1517 E Michigan Street has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Lockerbie Square apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| INDY FLATS | Sherwood Std D | Studio,1BA | $675 |
| 1515-1517 E Michigan Street | 1BR/1.0BA | 1BR,1BA | $750 |
| St. Regis | The Pierre | 1BR,1BA | $793 |
| Priscilla on Pennsylvania | Studio- 1st Floor Corner | Studio,1BA | $799 |
| The Davlan | 2-1 | 2BR,1BA | $846 |
Best Value Apartments for Rent in Lockerbie Square, IN
As of September 10, 2026 the best value apartment in the Lockerbie Square area is the $1.37 price per square foot 3 Bedroom 2.5 Bath Model at The Block in the in the Riley neighborhood starting from $2,399. The second greatest value Lockerbie Square apartment is the Star Townhome Model at Pulliam Square starting at $2,664 with a $1.52 price per square foot in the Riley neighborhood. Here is today’s list of the best values for Lockerbie Square apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Block | 3 Bedroom 2.5 Bath | 3BR,2.5BA | $1.37 |
| Pulliam Square | Star Townhome | 2BR,2BA | $1.52 |
| The Davlan | 2-1 | 2BR,1BA | $0.95 |
| The Vue | ONE BEDROOM APARTMENT | 1BR,1BA | $1.50 |
| St. Agnes Apartments | One Bedroom Deluxe 3rd-4th* | 1BR,1BA | $1.17 |
| 333 Penn Apartments | Washington | 1BR,1BA | $1.60 |
| 522 Fletcher Ave | *ONE FREE MONTH OF RENT* 522 Fletcher Ave - 1 ... | 1BR,1BA | $1.37 |
| 1515-1517 E Michigan Street | 1BR/1.0BA | 1BR,1BA | $1.07 |
| The Washington | 2 Bedroom | 2BR,1BA | $1.47 |
| College Manor | 1 BR | 1BR,1BA | $1.49 |
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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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleYour 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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Pet Friendly LifestyleLockerbie Square, Indianapolis, IN
Ranked #4
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Lockerbie Square, Indianapolis, IN
Arsenal Technical High School
Indianapolis Public Schools
Public School - Grades 9-12 (2360)
2 out of 10
Arlington Community Middle School
Indianapolis Public Schools
Public School - Grades 6-8 (365)
2 out of 10
School data provided by Great Schools
Frequently Asked Questions about Lockerbie Square
What type of rentals are currently available in Lockerbie Square?
There are currently 211 Apartments for Rent in Lockerbie Square, IN with pricing that ranges from $675 to $12,295. There are also 61 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lockerbie Square ranging from $850 to $4,750.
What is the current price range for Rental Homes in Lockerbie Square?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lockerbie Square ranges from $850 to $4,750 with an average monthly rent of $2,058.
How much are larger Three and Four Bedroom Rentals in Lockerbie Square?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lockerbie Square range from $1,300 to $7,822, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $4,350. Four Bedroom Single-Family rentals are also available starting from $2,495 and Four Bedroom Apartments start at $3,512.
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
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.
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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
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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.
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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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
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Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.