Cheap Apartments for Rent in the Morningside Broadmoor Neighborhood of Indianapolis, IN from $499 (38 Rentals)

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

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Oakbrook Village
1 to 3 Bedroom Apartments

Oakbrook Village

6098 Georgetown RdIndianapolis, IN 46254
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Lake Camelot Apartments
1 to 3 Bedroom Apartments

Lake Camelot Apartments

6475 Excalibur CtIndianapolis, IN 46268
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Lakes of Georgetown
1 to 3 Bedroom Apartments

Lakes of Georgetown

6335 Sandyside DrIndianapolis, IN 46268

Morningside Broadmoor - One of the Best Affordable Neighborhoods in Indianapolis

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

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property at 3120 W 49th St

$1,795

4 Bedroom Rentals

Available Now

3120 W 49th St

IndianapolisIN46228
Showing Results 1-38, Page 1 of 1

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 $734. Cambridge Commons has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable Morningside Broadmoor apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Meridian North and SouthA7S South1BR,1BA$734
Cambridge CommonsStudioStudio,1BA$750
AnnhurstOne Bed One Bath1BR,1BA$850
Garden Pointe ApartmentsLily Studio RemodelStudio,1BA$850
The Fields Apartment Homes1x1 Classic1BR,1BA$879
Cross Creek ApartmentsMariner1BR,1BA$890
The Cedars Apartment Homes1x1 - Classic1BR,1BA$899
The Life at Creekside ReserveCEDAR1BR,1BA$900
Rosewood CommonsOne Bed One Bath1BR,1BA$900
The Woods of Eagle CreekThe Creek: One Bedroom Apartment1BR,1BA$931

Best Value Apartments for Rent in Morningside Broadmoor, IN

As of August 31, 2026 the best value apartment in the Morningside Broadmoor area is the $1.23 price per square foot STOKELY - C1 Model at The Residence at White River Apartments in the in the Cheswick Place neighborhood starting from $1,561. The second greatest value Morningside Broadmoor apartment is the AUB3RENO Model at Aura Apartments starting at $1,450 with a $1.19 price per square foot in the Cheswick Place 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.
The Residence at White River ApartmentsSTOKELY - C13BR,2BA$1.23
Aura ApartmentsAUB3RENO2BR,2BA$1.19
The Life at Creekside ReserveWILLOW3BR,1.5BA$1.37
Edison at Meridian Hills2 Bedroom 1 Bath2BR,1BA$1.29
WoodbrookThe Maple2BR,1BA$1.08
Lake Camelot Apartments2 Bedroom Garden2BR,1BA$1.11
Wildwood Village Apartments2 Bedroom 1 Bathroom2BR,1BA$1.28
The Cedars Apartment Homes1x1 Upgrade1BR,1BA$1.41
Aspen ChaseOne Bedroom One Bath1BR,1BA$1.36
Cross Creek ApartmentsMariner1BR,1BA$1.38

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 $931.

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 $734, while the average apartment in Morningside Broadmoor costs $1,064.

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 23 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 $236 which is $828 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.

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