
Cheap Homes for Rent in Martindale Neighborhood of Indianapolis, IN from $500 (39 Rentals)
Search the lowest-cost Homes available for rent right now in the Martindale area of Indianapolis.


2932 N Dearborn St

415 N Oxford St

2932 N Dearborn St

3710 Ruskin Pl, Unit Private Room

2736 N Dearborn St

1221 N Oxford St

3725 N Sherman Dr

1434 N Denny St
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.

2530 N Temple Ave

2532 N Temple Ave

1709.5 E Michigan St

1517 N Chester Ave

125 E 17th St

1011 Lasalle St

413 N Oxford St

3308 Central Ave

37 West St Clair Street
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.

2844 N Gladstone Ave

2060 N Delaware St

1644 Dr Andrew J Brown Ave

1623 N Rural St

3121 Eastern Ave

3254 Guilford Ave

1022 N Rural St

3502 Brouse Ave

3023 N Olney St
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

3601 Brookside Pkwy S Dr

3513 Caroline Ave

2415 N Oxford St

2917 E Michigan St

306 N Riley Ave

2226 Langley Ave

3235 N Euclid Ave

3135 Forest Manor Ave

820 N Oakland Ave
The Art of the Rental Viewing: What to look for during a property tour
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.

3772 N Parker Ave

3141 N Park Ave

3101 N Temple Ave
Martindale, Indianapolis, IN Local Guide

How much does it cost to rent a home in Martindale?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Martindale 2 Bedroom Homes for Rent | $1,424 | $745 | $2,900 |
| Martindale 3 Bedroom Homes for Rent | $1,768 | $975 | $3,850 |
| Martindale 4 Bedroom Homes for Rent | $2,098 | $1,295 | $3,999 |
| Martindale 5 Bedroom Homes for Rent | $3,720 | $2,940 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 39 rentals with your search options within a 2 mile radius of the Martindale Neighborhood of Indianapolis, IN.
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Martindale, Indianapolis, IN Local Guide
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Cheapest Available Martindale Apartments for Rent
 The cheapest available apartment rental in the Martindale area of Indianapolis, IN is a 2 Beds unit found at East Village at Avondale Meadows Apartments priced from $569. Hopeside I has the second lowest priced unit, which is a 2 Beds apartment currently listed from $602. Here are the most affordable Martindale apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| East Village at Avondale Meadows Apartments | B3 | 2BR,2BA | $569 |
| Hopeside I | 2.2-30%-H | 2BR,2BA | $602 |
| Meridian Towers | Studio Apartment | Studio,1BA | $629 |
| Minnie Hartman | The Lillie 30% | 2BR,1BA | $629 |
| INDY FLATS | Sherwood Std D | Studio,1BA | $655 |
| 34 North Apartments | Studio | Studio,1BA | $725 |
| St. Agnes Apartments | Studio- Standard 2nd -5th* | Studio,1BA | $765 |
| Priscilla on Pennsylvania | Studio- 1st Floor Corner | Studio,1BA | $799 |
| Parkway | 1 Bedroom | 1BR,1BA | $799 |
| The Star | 2 Bed | 2BR,1BA | $799 |
Best Value Apartments for Rent in Martindale, IN
As of March 13, 2026 the best value apartment in the Martindale area is the $0.83 price per square foot 2322 Guilford Ave Model at 2322 Guilford Ave, Unit A in the in the Martindale neighborhood starting from $1,250. The second greatest value Martindale apartment is the 2034 N Delaware St Model at 2034 N Delaware St, Unit 2034 N Delaware starting at $1,800 with a $1.29 price per square foot in the Near North Indianapolis neighborhood. Here is today’s list of the best values for Martindale apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2322 Guilford Ave, Unit A | 2322 Guilford Ave | 3BR,1BA | $0.83 |
| 2034 N Delaware St, Unit 2034 N Delaware | 2034 N Delaware St | 2BR,2BA | $1.29 |
| 553 N Oakland Ave, Unit 553 | 553 N Oakland Ave | 2BR,1BA | $1.04 |
| East Village at Avondale Meadows Apartments | B2 | 2BR,2BA | $1.12 |
| The Star | 2 Bed | 2BR,1BA | $0.76 |
| 3326 Ruckle St, Unit Rear Apartment | 3326 Ruckle St | 1BR,1.5BA | $1.19 |
| Hopeside I | 2.2-40%-H | 2BR,2BA | $0.93 |
| The Davlan | 2-1 | 2BR,1BA | $0.95 |
| Trail Side | A | 1BR,1BA | $1.12 |
| 1628 N Colorado Ave, Unit 1630 N Colorado Ave | 1628 N Colorado Ave | Studio ,1BA | $1.23 |
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.
Read ArticleThe 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 ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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
Read ArticleQuick 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 LifestyleMartindale, Indianapolis, IN
Ranked #9
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Martindale, Indianapolis, IN
James Russell Lowell School 51
Arsenal Technical High School
School data provided by Great Schools
Frequently Asked Questions about Martindale
What type of rentals are currently available in Martindale?
There are currently 422 Apartments for Rent in Martindale, IN with pricing that ranges from $497 to $10,111. There are also 197 Single Family Homes for rent, Condos, and Townhome rentals currently available in Martindale ranging from $500 to $4,500.
What is the current price range for Rental Homes in Martindale?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Martindale ranges from $500 to $4,500 with an average monthly rent of $1,813.
How much are larger Three and Four Bedroom Rentals in Martindale?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Martindale range from $925 to $6,576, while Three Bedroom Homes, Condos, and Townhomes for rent range from $975 to $3,850. Four Bedroom Single-Family rentals are also available starting from $1,295 and Four Bedroom Apartments start at $2,455.
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.
Articles, How-To's, and Tips

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.

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.