2 E Washington St
IndianapolisIN46204
Cheap Homes for Rent in Lockerbie Square Neighborhood of Indianapolis, IN from $500 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Lockerbie Square area of Indianapolis.
471 N State Ave
IndianapolisIN46201
1329 E Market St
IndianapolisIN46202
37 West St Clair Street
IndianapolisIN46204
1230 E Ohio St
IndianapolisIN46202
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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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1511 E Ohio St
IndianapolisIN46201
501 Madison Ave
IndianapolisIN46225
302 S Randolph St
IndianapolisIN46201
913 Massachusetts Ave
IndianapolisIN46202
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.
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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 | $2,153 | $995 | $3,800 |
| Lockerbie Square 3 Bedroom Homes for Rent | $2,083 | $1,250 | $3,500 |
| Lockerbie Square 4 Bedroom Homes for Rent | $2,616 | $2,450 | $2,899 |
Browse Homes for Rent in this Neighborhood
There are currently 12 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 2 Beds unit found at Line Lofts priced from $563. INDY FLATS has the second lowest priced unit, which is a Studio apartment currently listed from $705. Here are the most affordable Lockerbie Square apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Line Lofts | The Inspiration 30% | 2BR,1BA | $563 |
| INDY FLATS | Sherwood Std D | Studio,1BA | $705 |
| St. Agnes Apartments | 514 Studio | Studio,1BA | $765 |
| Senate Manor | S.1 C | Studio,1BA | $930 |
| Trail Side | A | 1BR,1BA | $938 |
Best Value Apartments for Rent in Lockerbie Square, IN
As of December 10, 2025 the best value apartment in the Lockerbie Square area is the $1.06 price per square foot 2 Bedroom 2 Bath Model at The Block in the in the Riley neighborhood starting from $1,899. The second greatest value Lockerbie Square apartment is the The Riley Model at The E'Laan starting at $1,775 with a $1.48 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 | 2 Bedroom 2 Bath | 2BR,2BA | $1.06 |
| The E'Laan | The Riley | 2BR,2BA | $1.48 |
| Maxwell Apartments | London | 2BR,2BA | $1.42 |
| 929 English Ave, Unit A | 929 English Ave | 2BR,2BA | $1.36 |
| Shoemaker Building | flat | 2BR,2BA | $1.45 |
| Indy Colonial Apartments | 311 | 1BR,1BA | $1.05 |
| Trail Side | A | 1BR,1BA | $1.12 |
| 522 Fletcher Ave | 1BR/1.5BA | 1BR,1.5BA | $1.40 |
| The Washington | 2 Bedroom | 2BR,1BA | $1.47 |
| College Manor | 1 BR | 1BR,1BA | $1.48 |
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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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
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Pet Friendly LifestyleLockerbie Square, Indianapolis, IN
Ranked #6
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Lockerbie Square
What type of rentals are currently available in Lockerbie Square?
There are currently 204 Apartments for Rent in Lockerbie Square, IN with pricing that ranges from $563 to $5,706. There are also 111 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lockerbie Square ranging from $599 to $3,800.
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 $599 to $3,800 with an average monthly rent of $1,889.
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 $1,900 to $4,638, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,450 and Four Bedroom Apartments start at $2,661.
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.
Articles, How-To's, and Tips
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.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!