Cheap Apartments for Rent in the Maywood Neighborhood of Indianapolis, IN from $500 (17 Rentals)

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

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.

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.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Garfield Place
2 Bedroom Apartments

Garfield Place

2236 Ransdell StIndianapolis, IN 46225
  • Utilities Included
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Deerfield Acres
3 Bedroom Apartments

Deerfield Acres

4000 Foltz StIndianapolis, IN 46221
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Spicewood
Studio to 1 Bedroom Apartments

Spicewood

354 Spicewood DrIndianapolis, IN 46227

Maywood, Indianapolis, IN Local Guide

Cheapest Available Maywood Apartments for Rent

 

The cheapest available apartment rental in the Maywood area of Indianapolis, IN is a Studio unit found at Country Club Apartments priced from $699. Abbey Apartments - Affordable Senior Housing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $778. Here are the most affordable Maywood apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Country Club ApartmentsStudioStudio,1BA$699
Abbey Apartments - Affordable Senior HousingOne Bedroom1BR,1BA$778
SpicewoodStudioStudio,1BA$825
Madison Lofts1x1 583sf1BR,1BA$830
Pine GlenTwo Bedroom One Bath2BR,1BA$950

Best Value Apartments for Rent in Maywood, IN

As of June 25, 2025 the best value apartment in the Maywood 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 Maywood apartment is the Two Bedroom One Bath Model at Pine Glen starting at $950 with a $1.00 price per square foot in the Concord neighborhood. Here is today’s list of the best values for Maywood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Horizons ApartmentsThe Venture4BR,1.5BA$1.20
Pine GlenTwo Bedroom One Bath2BR,1BA$1.00
The OasisThe Emerald2BR,2BA$1.33
Hanna VillageCamden1BR,1BA$1.64
Bluff Crossing Apartments1BR1BR,1BA$1.97
Madison Lofts1x1 657sf1BR,1BA$1.90
Mann Village Apartments1 Bedroom Apartment.1BR,1BA$1.85
Abbey Apartments - Affordable Senior HousingOne Bedroom1BR,1BA$1.45
Country Club ApartmentsStudioStudio ,1BA$1.56
135 Bixler Rd, Unit Studio Apartment135 Bixler RdStudio ,1BA$1.50

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Pet Friendly Lifestyle
Maywood, Indianapolis, IN

Ranked #189

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Getting Around the Maywood Neighborhood in Indianapolis, IN

Walk Score®

18 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

35 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

13 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Maywood Apartments

What is a cheap apartment in Maywood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Maywood is under $1,199.

What is the price of a cheap apartment in Maywood?

The cheapest apartment in Maywood is Abbey Apartments - Affordable Senior Housing which is listed at $778, while the average apartment in Maywood costs $2,505.

What types of apartments are the cheapest in Maywood?

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 9 regular apartments in Maywood 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 Maywood?

Cheap apartments in Maywood have an average cost of $185 which is $2,320 cheaper than the average rent for all rentals in Maywood.

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.