Cheap Apartments for Rent in the Maywood Neighborhood of Indianapolis, IN from $500 (15 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

close
View Me
Horizons Apartments
$925 - $1,490
Total Monthly Price

Total Monthly Price

Base Rent
$925 - $1,490

Total Monthly Price
$925 - $1,490
1 to 4 Bedroom Apartments Available Now

Horizons Apartments

4955 Red Horizon BlvdIndianapolis, IN 46221
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

close
View Me
Volrath
Studio to 2 Bedroom Apartments

Volrath

118 Palmer StIndianapolis, IN 46225
Student Housing
close
View Me
Garfield Place
2 Bedroom Apartments

Garfield Place

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

Deerfield Acres

4000 Foltz StIndianapolis, IN 46221
close
View Me
The Oasis
1 to 3 Bedroom Apartments

The Oasis

4900 Edinborough LnIndianapolis, IN 46241

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.

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 1 Bed unit found at Volrath priced from $775. 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
Volrath1BR/1.0BA1BR,1BA$775
Abbey Apartments - Affordable Senior HousingOne Bedroom1BR,1BA$778
Garfield Park Village1/1 Renovated1BR,1BA$799
Capital PlaceTwo Bedroom One Bath2BR,1BA$849
Pine Glen1x1 Classic Watilist1BR,1BA$870

Best Value Apartments for Rent in Maywood, IN

As of August 01, 2026 the best value apartment in the Maywood area is the $1.45 price per square foot Cambridge Model at Hanna Village in the in the Concord neighborhood starting from $1,599. The second greatest value Maywood apartment is the Two Bedroom One Bath TH Model at Capital Place starting at $1,159 with a $1.30 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.
Hanna VillageCambridge3BR,2BA$1.45
Capital PlaceTwo Bedroom One Bath TH2BR,1BA$1.30
The Assumption on Blaine1 Bed 1 Bath1BR,1BA$1.31
Horizons ApartmentsThe Aspiration2BR,1BA$1.39
The OasisThe Quartz1BR,1BA$1.47
Madison Lofts1 Bedroom 1 Bathroom1BR,1BA$1.44
Garfield Park Village2/1 Renovated2BR,1BA$1.61
Pine Glen1x1 Classic Watilist1BR,1BA$1.43
Volrath1BR/1.0BA1BR,1BA$1.29
Abbey Apartments - Affordable Senior HousingOne Bedroom1BR,1BA$1.45

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 Article
Decorative image

Your 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 Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Maywood, Indianapolis, IN

Ranked #143

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

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 $1,058.

What is the price of a cheap apartment in Maywood?

The cheapest apartment in Maywood is Volrath which is listed at $775, while the average apartment in Maywood costs $1,599.

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 28 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 $317 which is $1,282 cheaper than the average rent for all rentals in Maywood.

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

decorative image for Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home article

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.

decorative image for Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods article

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.

decorative image for Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters article

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.