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 Bedroom Apartments

Valley Brook MHC

4620 S High School RdIndianapolis, IN 46241

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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.

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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 $949. 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 Jasper1BR,1BA$949
Mann Village Apartments.1 Bedroom Apartment1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Horizons ApartmentsThe Venture4BR,1.5BA$1.20
Aspen Pointe ApartmentsArbor W/D2BR,1BA$1.54
The OasisThe Jasper1BR,1BA$1.38
Mann Village Apartments1 Bedroom Apartment1BR,1BA$1.85
Abbey Apartments - Affordable Senior HousingOne Bedroom1BR,1BA$1.45
Alpine StudiosOsloStudio ,1BA$2.06
Furnished Studio-Indianapolis - AirportFurnished Studio-Indianapolis - AirportStudio ,1BA$4.64
Furnished Studio-Indianapolis - Airport - Furnished Studio-Indianapolis - Airport - ...Studio ,1BA$6.18

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Pet Friendly Lifestyle
Mars Hill, Indianapolis, IN

Ranked #202

Among neighborhoods in Indianapolis, IN 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 $1,505.

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.

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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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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.

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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.

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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.