Cheap Homes for Rent in Morningside Broadmoor Neighborhood of Indianapolis, IN from $1,300 (22 Rentals)

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

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.

property at 5203 Pin Oak Dr

5203 Pin Oak Dr

IndianapolisIN46254

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.

property at 3720 Dorval Pl

3720 Dorval Pl

IndianapolisIN46228
property at 3026 Crestwell Dr

3026 Crestwell Dr

IndianapolisIN46268
property at 3377 W 52nd St

3377 W 52nd St

IndianapolisIN46228

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Morningside Broadmoor, Indianapolis, IN Local Guide

Cheapest Available Morningside Broadmoor Apartments for Rent

 

The cheapest available apartment rental in the Morningside Broadmoor area of Indianapolis, IN is a Studio unit found at Rosewood Commons priced from $800. Cambridge Commons has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here are the most affordable Morningside Broadmoor apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Rosewood CommonsStudioStudio,1BA$800
Cambridge CommonsStudioStudio,1BA$800
The Meridian North and SouthA2S South1BR,1BA$824
Garden Pointe ApartmentsIvy 1x11BR,1BA$855
Covered BridgeTwo Bedroom One Bath2BR,1BA$860

Best Value Apartments for Rent in Morningside Broadmoor, IN

As of June 25, 2025 the best value apartment in the Morningside Broadmoor area is the $1.07 price per square foot Orchid Model at Everly at Meridian Hills in the in the Faith Knoll neighborhood starting from $1,779. The second greatest value Morningside Broadmoor apartment is the AUC1 RENO Model at Aura Apartments starting at $1,660 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.
Everly at Meridian HillsOrchid3BR,2BA$1.07
Aura ApartmentsAUC1 RENO3BR,2BA$1.19
Edison at Meridian Hills2 Bedroom 2 Bath2BR,2BA$1.13
Estates at Crystal BayTwo Bedroom 1.5 Bath Townhouse 1000 sq ft2BR,1.5BA$1.23
The Life at Creekside ReserveJUNIPER2BR,1.5BA$1.28
The AbbyThe Derbyshire2BR,1BA$1.20
Highland PointeSummit Premium2BR,2BA$1.31
Fields Apartments1 Bedroom 1 Bath Apartment1BR,1BA$1.23
Covered BridgeOne Bedroom One Bath1BR,1BA$1.30
Abney Lake1 Bedroom Fireplace1BR,1BA$1.25

Quick 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.

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Frequently Asked Questions about Morningside Broadmoor

What type of rentals are currently available in Morningside Broadmoor?

There are currently 28 Apartments for Rent in Morningside Broadmoor, IN with pricing that ranges from $800 to $2,822. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Morningside Broadmoor ranging from $1,300 to $2,200.

What is the current price range for Rental Homes in Morningside Broadmoor?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Morningside Broadmoor ranges from $1,300 to $2,200 with an average monthly rent of $1,650.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.