
Cheap Apartments for Rent in the Maywood Neighborhood of Indianapolis, IN from $500 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Maywood area of Indianapolis.


Abbey Apartments - Affordable Senior Housing

Madison Lofts

Horizons Apartments

Garfield Park Village
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The Oasis

Capital Place

The Assumption on Blaine

Mann Village Apartments

2861 S Roena St
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Lofts on Madison

Hanna Village

Pine Glen

Parkside Living Apartments

Garfield Place
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Deerfield Acres

Spicewood
Maywood, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Maywood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Maywood Studio Apartments | $1,303 | $774 | $1,524 |
| Maywood 1 Bedroom Apartments | $1,298 | $649 | $2,146 |
| Maywood 2 Bedroom Apartments | $1,682 | $951 | $4,430 |
| Maywood 3 Bedroom Apartments | $2,088 | $1,275 | $2,910 |
| Maywood 4 Bedroom Apartments | $2,110 | $1,505 | $2,716 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Maywood Neighborhood of Indianapolis, IN.
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Maywood, Indianapolis, IN Local Guide
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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 $649. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Volrath | **Free Month of Rent ** 128 E Palmer St - Studio | 1BR,1BA | $649 |
| Abbey Apartments - Affordable Senior Housing | One Bedroom | 1BR,1BA | $778 |
| Spicewood | Studio | Studio,1BA | $829 |
| Garfield Park Village | 2/1 Vintage | 2BR,1BA | $951 |
| Capital Place | Two Bedroom One Bath | 2BR,1BA | $1,009 |
Best Value Apartments for Rent in Maywood, IN
As of January 07, 2026 the best value apartment in the Maywood area is the $1.35 price per square foot 2 Bed 2 Bath Model at The Assumption on Blaine in the in the Concord neighborhood starting from $1,775. The second greatest value Maywood apartment is the The Endeavor Model at Horizons Apartments starting at $1,275 with a $1.21 price per square foot in the Airport District neighborhood. Here is today’s list of the best values for Maywood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Assumption on Blaine | 2 Bed 2 Bath | 2BR,2BA | $1.35 |
| Horizons Apartments | The Endeavor | 3BR,1BA | $1.21 |
| The Oasis | The Moonstone | 2BR,1BA | $1.30 |
| Capital Place | Two Bedroom One Bath | 2BR,1BA | $1.34 |
| Pine Glen | Oak Renovated | 2BR,1BA | $1.47 |
| Lofts on Madison | Studio | Studio ,1BA | $1.63 |
| Madison Lofts | The Loft 1x1-L | 1BR,1BA | $1.63 |
| Garfield Park Village | 2/1 Renovated | 2BR,1BA | $1.64 |
| Volrath | 0BR/1.0BA | Studio ,1BA | $1.29 |
| Abbey Apartments - Affordable Senior Housing | One Bedroom | 1BR,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.
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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 LifestyleMaywood, Indianapolis, IN
Ranked #124
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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 $1,100.
What is the price of a cheap apartment in Maywood?
The cheapest apartment in Maywood is Volrath which is listed at $649, while the average apartment in Maywood costs $2,236.
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 $194 which is $2,042 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

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.

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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.
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Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!