Cheap Apartments for Rent in the Mars Hill Neighborhood of Indianapolis, IN from $700 (7 Rentals)

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

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Valley Brook MHC
3 to 4 Bedroom Apartments

Valley Brook MHC

4620 S High School RdIndianapolis, IN 46241

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Deerfield Acres
3 Bedroom Apartments

Deerfield Acres

4000 Foltz StIndianapolis, IN 46221

Mars Hill, Indianapolis, IN Local Guide

Cheapest Available Mars Hill Apartments for Rent

 

The cheapest available apartment rental in the Mars Hill area of Indianapolis, IN is a 1 Bed unit found at Abbey Apartments - Affordable Senior Housing priced from $778. The Oasis has the second lowest priced unit, which is a 1 Bed apartment currently listed from $974. Here are the most affordable Mars Hill apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Abbey Apartments - Affordable Senior HousingOne Bedroom1BR,1BA$778
The OasisThe Quartz1BR,1BA$974
Alpine StudiosOsloStudio,1BA$975

Best Value Apartments for Rent in Mars Hill, IN

As of October 24, 2025 the best value apartment in the Mars Hill area is the $1.54 price per square foot Arbor W/D Model at Aspen Pointe Apartments in the in the Airport District neighborhood starting from $1,250. The second greatest value Mars Hill apartment is the The Aspiration Model at Horizons Apartments starting at $1,055 with a $1.41 price per square foot in the Airport District neighborhood. Here is today’s list of the best values for Mars Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Aspen Pointe ApartmentsArbor W/D2BR,1BA$1.54
Horizons ApartmentsThe Aspiration2BR,1BA$1.41
The OasisThe Quartz1BR,1BA$1.45
Mann Village Apartments1 Bedroom Apartment1BR,1BA$1.72
Abbey Apartments - Affordable Senior HousingOne Bedroom1BR,1BA$1.45
Alpine StudiosAndorraStudio ,1BA$2.23
Furnished Studio-Indianapolis - AirportFurnished Studio-Indianapolis - AirportStudio ,1BA$5.03
Furnished Studio-Indianapolis - Airport - Furnished Studio-Indianapolis - Airport - ...Studio ,1BA$5.77

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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 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 Lifestyle
Mars Hill, Indianapolis, IN

Ranked #208

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Mars Hill Neighborhood in Indianapolis, IN

Walk Score®

32 / 100

Car-Dependent

Most errands require a car

Bike Score®

37 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

20 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Mars Hill Apartments

What is a cheap apartment in Mars Hill?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Mars Hill is under $1,110.

What is the price of a cheap apartment in Mars Hill?

The cheapest apartment in Mars Hill is Abbey Apartments - Affordable Senior Housing which is listed at $778, while the average apartment in Mars Hill costs $1,322.

What types of apartments are the cheapest in Mars Hill?

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 14 regular apartments in Mars Hill 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 Mars Hill?

Cheap apartments in Mars Hill have an average cost of $398 which is $924 cheaper than the average rent for all rentals in Mars Hill.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.