
Cheap Homes for Rent in Mars Hill Neighborhood of Indianapolis, IN from $1,200 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Mars Hill area of Indianapolis.


5109 W Raymond St

2644 Foltz St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

2943 S Rybolt Ave

Furnished Studio-Indianapolis - Airport

Furnished Studio-Indianapolis - Airport - W. Southern Ave.
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.
Mars Hill, Indianapolis, IN Local Guide

How much does it cost to rent a home in Mars Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mars Hill 2 Bedroom Homes for Rent | $1,250 | $1,250 | $1,250 |
| Mars Hill 3 Bedroom Homes for Rent | $1,863 | $1,615 | $2,150 |
| Mars Hill 4 Bedroom Homes for Rent | $2,195 | $2,195 | $2,195 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Mars Hill Neighborhood of Indianapolis, IN.
Explore Indianapolis
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. Alpine Studios has the second lowest priced unit, which is a Studio apartment currently listed from $999. 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 |
| Alpine Studios | Nordic | Studio,1BA | $999 |
| Mann Village Apartments | 1 Bedroom Apartment | 1BR,1BA | $1,049 |
Best Value Apartments for Rent in Mars Hill, IN
As of April 16, 2026 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 $1,105 with a $1.47 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. |
|---|---|---|---|
| Aspen Pointe Apartments | Arbor W/D | 2BR,1BA | $1.54 |
| Horizons Apartments | The Aspiration | 2BR,1BA | $1.47 |
| Windsor Park | 2 Bedroom Apartment: The Yorkshire | 2BR,1BA | $1.77 |
| Mann Village Apartments | 1 Bedroom Apartment | 1BR,1BA | $1.72 |
| Abbey Apartments - Affordable Senior Housing | One Bedroom | 1BR,1BA | $1.45 |
| Alpine Studios | Nordic | Studio ,1BA | $2.14 |
Frequently Asked Questions about Mars Hill
What type of rentals are currently available in Mars Hill?
There are currently 19 Apartments for Rent in Mars Hill, IN with pricing that ranges from $778 to $1,710. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mars Hill ranging from $1,250 to $2,195.
What is the current price range for Rental Homes in Mars Hill?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mars Hill ranges from $1,250 to $2,195 with an average monthly rent of $1,769.
How much are larger Three and Four Bedroom Rentals in Mars Hill?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Mars Hill range from $1,250 to $1,461, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,615 to $2,150. Four Bedroom Single-Family rentals are also available starting from $2,195 and Four Bedroom Apartments start at $1,710.
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

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.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
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.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

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.
Articles, How-To's, and Tips

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.