Cheap Apartments for Rent in the Morningside Broadmoor Neighborhood of Indianapolis, IN from $400 (40 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 Morningside Broadmoor area of Indianapolis.

close
View Me
The Meridian North and South
$724 - $1,398
Total Monthly Price

Total Monthly Price

Base Rent
$689 - $1,363
Required Monthly Fees
$35

Total Monthly Price
$724 - $1,398
Studio to 3 Bedroom Apartments Available Now

The Meridian North and South

2085 Waterford PlIndianapolis, IN 46260
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

close
View Me
Garden Pointe Apartments
Rent Specials
$935 - $1,330
Total Monthly Price

Total Monthly Price

Base Rent
$851 - $1,246
Required Monthly Fees
$84

Total Monthly Price
$935 - $1,330
1 to 2 Bedroom Apartments Available Now

Garden Pointe Apartments

5005 Lily LnIndianapolis, IN 46254
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

close
View Me
Eagle’s Edge
Rent Specials
$1,000 - $1,700
Total Monthly Price

Total Monthly Price

Base Rent
$985 - $1,685
Required Monthly Fees
$15

Total Monthly Price
$1,000 - $1,700
1 to 3 Bedroom Apartments Available Now

Eagle’s Edge

4301 Falcon Creek BlvdIndianapolis, IN 46254
Corporate Housing
  • Verified
  • Customer Reviewed
  • Low Income

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.

property at 3436 Julie Ln

$1,895

Total Monthly Price

Total Monthly Price

Base Rent
$1,859
Required Monthly Fees
$36

Total Monthly Price
$1,895

3 Bedroom, 1.5 Bath Rentals

Available Now

3436 Julie Ln

IndianapolisIN46228
property at 5329 Alameda Rd

$1,970

Total Monthly Price

Total Monthly Price

Base Rent
$1,970

Total Monthly Price
$1,970

3 Bedroom, 2.5 Bath Rentals

Available May 26

5329 Alameda Rd

IndianapolisIN46228
property at 4031 Pittman Pl

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,189
Required Monthly Fees
$11

Total Monthly Price
$2,200

3 Bedroom, 2.5 Bath Rentals

Available May 24

4031 Pittman Pl

IndianapolisIN46254
close
View Me
Lake Camelot Apartments
1 to 3 Bedroom Apartments

Lake Camelot Apartments

6475 Excalibur CtIndianapolis, IN 46268
  • Utilities Included

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.

close
View Me
Oakbrook Village
1 to 3 Bedroom Apartments

Oakbrook Village

6098 Georgetown RdIndianapolis, IN 46254
close
View Me
The George
1 to 3 Bedroom Apartments

The George

5810 Sebring DrIndianapolis, IN 46254
Corporate Housing
close
View Me
Lakes of Georgetown
1 to 3 Bedroom Apartments

Lakes of Georgetown

6335 Sandyside DrIndianapolis, IN 46268

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.

Cheapest Available Morningside Broadmoor Apartments for Rent

 

The cheapest available apartment rental in the Morningside Broadmoor area of Indianapolis, IN is a 1 Bed unit found at The Meridian North and South priced from $724. Rosewood Commons has the second lowest priced unit, which is a Studio apartment currently listed from $749. Here are the most affordable Morningside Broadmoor apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Meridian North and SouthA2S South1BR,1BA$724
Rosewood CommonsStudioStudio,1BA$749
Wildwood Village Apartments1 Bedroom 1 Bathroom1BR,1BA$750
The Cedars Apartment HomesStudio Apartment - ClassicStudio,1BA$799
Cambridge CommonsOne Bed One Bath1BR,1BA$825
Covered BridgeOne Bedroom One Bath1BR,1BA$829
AnnhurstOne Bed One Bath1BR,1BA$849
Fields1x1 Large Classic1BR,1BA$849
Waterfront Terrace1 Bed 1 Bath1BR,1BA$850
Cross Creek ApartmentsTopsider1BR,1BA$890

Best Value Apartments for Rent in Morningside Broadmoor, IN

As of April 04, 2026 the best value apartment in the Morningside Broadmoor area is the $1.22 price per square foot 3x2 Renovated Model at Fields in the in the Cheswick Place neighborhood starting from $1,559. The second greatest value Morningside Broadmoor apartment is the Iris Model at Everly at Meridian Hills starting at $1,379 with a $1.15 price per square foot in the Faith Knoll neighborhood. Here is today’s list of the best values for Morningside Broadmoor apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fields3x2 Renovated3BR,2BA$1.22
Everly at Meridian HillsIris2BR,1BA$1.15
Aura ApartmentsAUB2RENO2BR,1BA$1.21
Edison at Meridian Hills2 Bedroom 1 Bath2BR,1BA$1.29
Estates at Crystal BayTwo Bedroom 1.5 Bath Townhouse 1000 sq ft2BR,1.5BA$1.15
Lake Camelot Apartments2 Bedroom Garden2BR,1BA$1.11
Wildwood Village Apartments2 Bedroom 1 Bathroom2BR,1BA$1.28
Covered BridgeOne Bedroom One Bath1BR,1BA$1.18
Aspen ChaseOne Bedroom One Bath1BR,1BA$1.28
Waterfront Terrace1 Bed 1 Bath1BR,1BA$1.31

Frequently Asked Questions about Cheap Morningside Broadmoor Apartments

What is a cheap apartment in Morningside Broadmoor?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Morningside Broadmoor is under $890.

What is the price of a cheap apartment in Morningside Broadmoor?

The cheapest apartment in Morningside Broadmoor is The Meridian North and South which is listed at $724, while the average apartment in Morningside Broadmoor costs $4,407.

What types of apartments are the cheapest in Morningside Broadmoor?

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 34 regular apartments in Morningside Broadmoor 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 Morningside Broadmoor?

Cheap apartments in Morningside Broadmoor have an average cost of $190 which is $4,217 cheaper than the average rent for all rentals in Morningside Broadmoor.

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 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.

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 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 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.

Articles, How-To's, and Tips

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.