
Cheap Apartments for Rent in the Maywood Neighborhood of Indianapolis, IN from $500 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Maywood area of Indianapolis.


Abbey Apartments - Affordable Senior Housing

Garfield Park Village

Capital Place

Madison Lofts
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Pine Glen

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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 | $1,346 | $556 | $1,594 |
| Maywood 1 Bedroom Apartments | $1,300 | $596 | $2,640 |
| Maywood 2 Bedroom Apartments | $1,547 | $716 | $4,708 |
| Maywood 3 Bedroom Apartments | $1,977 | $1,345 | $4,399 |
| Maywood 4 Bedroom Apartments | $1,490 | $1,490 | $1,490 |
Browse Apartments in this Neighborhood
There are currently 15 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 $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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Volrath | 1BR/1.0BA | 1BR,1BA | $775 |
| Abbey Apartments - Affordable Senior Housing | One Bedroom | 1BR,1BA | $778 |
| Garfield Park Village | 1/1 Renovated | 1BR,1BA | $799 |
| Capital Place | Two Bedroom One Bath | 2BR,1BA | $849 |
| Pine Glen | 1x1 Classic Watilist | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hanna Village | Cambridge | 3BR,2BA | $1.45 |
| Capital Place | Two Bedroom One Bath TH | 2BR,1BA | $1.30 |
| The Assumption on Blaine | 1 Bed 1 Bath | 1BR,1BA | $1.31 |
| Horizons Apartments | The Aspiration | 2BR,1BA | $1.39 |
| The Oasis | The Quartz | 1BR,1BA | $1.47 |
| Madison Lofts | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.44 |
| Garfield Park Village | 2/1 Renovated | 2BR,1BA | $1.61 |
| Pine Glen | 1x1 Classic Watilist | 1BR,1BA | $1.43 |
| Volrath | 1BR/1.0BA | 1BR,1BA | $1.29 |
| Abbey Apartments - Affordable Senior Housing | One Bedroom | 1BR,1BA | $1.45 |
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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.
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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 #143
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet 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 $1,058.
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

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