Cheap Apartments for Rent in the Muirfield Neighborhood of Indianapolis, IN from $500 (31 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 6723 Harvest Ridge Ct

$1,845

Total Monthly Price

Total Monthly Price

Base Rent
$1,845

Total Monthly Price
$1,845

3 Bedroom, 2 Bath Rentals

Available Now

6723 Harvest Ridge Ct

IndianapolisIN46237

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.

property at 8316 Crosser Dr

$1,935

Total Monthly Price

Total Monthly Price

Base Rent
$1,935

Total Monthly Price
$1,935

3 Bedroom, 2 Bath Rentals

Available Now

8316 Crosser Dr

IndianapolisIN46237
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Grand Oaks
1 to 2 Bedroom Apartments

Grand Oaks

7215 Grand Ritz LnIndianapolis, IN 46237
  • Utilities Included
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Alder Woods
1 to 2 Bedroom Apartments

Alder Woods

6806 E County Line RdIndianapolis, IN 46237

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Summit Pointe
$1,178 - $2,253
Total Monthly Price

Total Monthly Price

Base Rent
$1,178 - $2,253

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Summit Pointe

2400 E Main StGreenwood, IN 46143
Corporate Housing
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Blackstone
1 to 2 Bedroom Apartments

Blackstone

611 N Meridian StGreenwood, IN 46143

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.

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Verge
1 to 3 Bedroom Apartments

Verge

764 Greenwood Springs DrGreenwood, IN 46143

Muirfield, Indianapolis, IN Local Guide

Cheapest Available Muirfield Apartments for Rent

 

The cheapest available apartment rental in the Muirfield area of Indianapolis, IN is a Studio unit found at Sherbrook priced from $865. Keeneland Crest Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $949. Here are the most affordable Muirfield apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
SherbrookStudioStudio,1BA$865
Keeneland Crest ApartmentsBristol1BR,1BA$949
Overlook at Valley Ridge ApartmentsA2 - Napa1BR,1BA$1,078
Autumn Chase1 Bd/1 Ba (C)1BR,1BA$1,099
Summit PointeThe Columbus1BR,1BA$1,178
Latitudes ApartmentsThe Sundial 1 BR 1 BA1BR,1BA$1,179
Sundance ApartmentsThe Shore 1 BR 1 BA1BR,1BA$1,185
Encore Apartments2BR/1.5BA2BR,1BA$1,235
Alder WoodsHemlock1BR,1BA$1,305
The Timbers ApartmentsThe Birch1BR,1BA$1,313

Best Value Apartments for Rent in Muirfield, IN

As of June 15, 2026 the best value apartment in the Muirfield area is the $1.50 price per square foot Meadowood Model at Redwood Indianapolis in the in the Southeast Indianapolis neighborhood starting from $1,987. The second greatest value Muirfield apartment is the Nash Model at ARLO Apartments starting at $1,760 with a $1.48 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Muirfield apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Redwood IndianapolisMeadowood2BR,2BA$1.50
ARLO ApartmentsNash2BR,2BA$1.48
Lakes of WindsorChurchill2BR,2BA$1.39
Encore Apartments2BR/1.5BA2BR,1.5BA$1.30
Keeneland Crest ApartmentsHartford2BR,1BA$1.41
Summit PointeThe Columbus1BR,1BA$1.42
Latitudes ApartmentsThe Sundial 1 BR 1 BA1BR,1BA$1.52
Overlook at Valley Ridge ApartmentsA2 - Napa1BR,1BA$1.41
Autumn Chase1 Bd/1 Ba (C)1BR,1BA$1.44
Sundance ApartmentsThe Shore 1 BR 1 BA1BR,1BA$1.61

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

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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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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Pet Friendly Lifestyle
Muirfield, Indianapolis, IN

Ranked #126

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Muirfield Apartments

How much is rent for a Cheap One Bedroom Muirfield Apartment?

The lowest price for a Cheap One Bedroom Muirfield Apartment is $949 at Keeneland Crest Apartments.

What is the lowest price for a Cheap Two Bedroom Muirfield Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Muirfield is starting from $1,235 at Encore Apartments.

What is the most affordable Muirfield Three Bedroom Apartment?

The best deal on a cheap Muirfield Three Bedroom Apartment rental is at Overlook at Valley Ridge Apartments and starts from $1,585.

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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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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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.

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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.

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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 How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.