Cheap Apartments for Rent in the Mars Hill Neighborhood of Indianapolis, IN from $700 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mars Hill area of Indianapolis.

Aspen Pointe Apartments

Horizons Apartments
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Alpine Studios

Abbey Apartments - Affordable Senior Housing
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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.
Mars Hill, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Mars Hill?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Mars Hill Studio Apartments | $1,205 | $876 | $1,950 |
Mars Hill 1 Bedroom Apartments | $1,077 | $778 | $1,229 |
Mars Hill 2 Bedroom Apartments | $1,205 | $995 | $1,287 |
Mars Hill 3 Bedroom Apartments | $1,680 | $1,305 | $1,945 |
Mars Hill 4 Bedroom Apartments | $1,883 | $1,505 | $2,105 |
Browse Apartments in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Mars Hill Neighborhood of Indianapolis, IN.
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Mars Hill, Indianapolis, IN Local Guide
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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 $949. Here are the most affordable Mars Hill apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Abbey Apartments - Affordable Senior Housing | One Bedroom | 1BR,1BA | $778 |
The Oasis | The Jasper | 1BR,1BA | $949 |
Mann Village Apartments | .1 Bedroom Apartment | 1BR,1BA | $974 |
Best Value Apartments for Rent in Mars Hill, IN
As of June 22, 2025 the best value apartment in the Mars Hill area is the $1.20 price per square foot The Venture Model at Horizons Apartments in the in the Airport District neighborhood starting from $1,505. The second greatest value Mars Hill apartment is the Arbor W/D Model at Aspen Pointe Apartments starting at $1,250 with a $1.54 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Horizons Apartments | The Venture | 4BR,1.5BA | $1.20 |
Aspen Pointe Apartments | Arbor W/D | 2BR,1BA | $1.54 |
The Oasis | The Jasper | 1BR,1BA | $1.38 |
Mann Village Apartments | 1 Bedroom Apartment | 1BR,1BA | $1.85 |
Abbey Apartments - Affordable Senior Housing | One Bedroom | 1BR,1BA | $1.45 |
Alpine Studios | Oslo | Studio ,1BA | $2.06 |
Furnished Studio-Indianapolis - Airport | Furnished Studio-Indianapolis - Airport | Studio ,1BA | $4.64 |
Furnished Studio-Indianapolis - Airport - | Furnished Studio-Indianapolis - Airport - ... | Studio ,1BA | $6.18 |
Quick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestyleMars Hill, Indianapolis, IN
Ranked #202
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,505.
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 $1,962.
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 7 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 $355 which is $1,607 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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.