
Cheap Apartments for Rent in the Morningside Broadmoor Neighborhood of Indianapolis, IN from $400 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Morningside Broadmoor area of Indianapolis.


The Meridian North and South

Rosewood Commons

Woods at Oak Crossing

Garden Pointe Apartments
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.

The Cedars Apartment Homes

The Fields Apartment Homes

Covered Bridge

Annhurst

Waterfront Terrace
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 Abby

Estates at Crystal Bay

Cross Creek Apartments

Crown Point Apartments

Guion Creek Apartments
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.

Lake Camelot Apartments

The Life at Creekside Reserve
Morningside Broadmoor, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Morningside Broadmoor?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Morningside Broadmoor Studio Apartments | $772 | $705 | $850 |
| Morningside Broadmoor 1 Bedroom Apartments | $944 | $714 | $1,599 |
| Morningside Broadmoor 2 Bedroom Apartments | $1,170 | $804 | $1,779 |
| Morningside Broadmoor 3 Bedroom Apartments | $1,405 | $1,134 | $2,209 |
| Morningside Broadmoor 4 Bedroom Apartments | $2,400 | $2,400 | $2,400 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Morningside Broadmoor Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
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 $714. The Cedars Apartment Homes has the second lowest priced unit, which is a Studio apartment currently listed from $779. Here are the most affordable Morningside Broadmoor apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Meridian North and South | A2S South | 1BR,1BA | $714 |
| The Cedars Apartment Homes | Studio Apartment - Classic | Studio,1BA | $779 |
| Lake Camelot Apartments | 1 Bedroom Garden | 1BR,1BA | $802 |
| Covered Bridge | One Bedroom One Bath | 1BR,1BA | $809 |
| Rosewood Commons | One Bed One Bath | 1BR,1BA | $839 |
Best Value Apartments for Rent in Morningside Broadmoor, IN
As of February 05, 2026 the best value apartment in the Morningside Broadmoor area is the $1.33 price per square foot 513 Bernard Ave Model at 513 Bernard Ave, Unit 513 Bernard Basement Unit in the in the Cheswick Place neighborhood starting from $2,400. The second greatest value Morningside Broadmoor apartment is the Lilac Model at Everly at Meridian Hills starting at $1,439 with a $1.03 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 513 Bernard Ave, Unit 513 Bernard Basement Unit | 513 Bernard Ave | 4BR,2.5BA | $1.33 |
| Everly at Meridian Hills | Lilac | 2BR,2BA | $1.03 |
| Aura Apartments | AUB3 | 2BR,2BA | $1.02 |
| Edison at Meridian Hills | 2 Bedroom 1 Bath | 2BR,1BA | $1.25 |
| The Life at Creekside Reserve | JUNIPER | 2BR,1.5BA | $1.23 |
| Covered Bridge | One Bedroom One Bath | 1BR,1BA | $1.15 |
| Lake Camelot Apartments | 1 Bedroom Garden | 1BR,1BA | $1.15 |
| The Fields Apartment Homes | 1x1 Upgrade | 1BR,1BA | $1.33 |
| Estates at Crystal Bay | One Bedroom One Bath | 1BR,1BA | $1.33 |
| The Meridian North and South | A2S South | 1BR,1BA | $1.26 |
Frequently Asked Questions about Cheap Morningside Broadmoor Apartments
What is the Cheapest Studio apartment in Morningside Broadmoor?
Currently the most affordable Cheap Studio Apartment in Morningside Broadmoor is at The Cedars Apartment Homes listed at $779.
How much is rent for a Cheap One Bedroom Morningside Broadmoor Apartment?
The lowest price for a Cheap One Bedroom Morningside Broadmoor Apartment is $709 at The Meridian North and South.
What is the lowest price for a Cheap Two Bedroom Morningside Broadmoor Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Morningside Broadmoor is starting from $819 at The Meridian North and South.
What is the most affordable Morningside Broadmoor Three Bedroom Apartment?
The best deal on a cheap Morningside Broadmoor Three Bedroom Apartment rental is at Estates at Crystal Bay and starts from $1,149.
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.

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.
Articles, How-To's, and Tips

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.

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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.